The global Ethylene Vinyl Alcohol (EVOH) market stood around 151 thousand tonnes in 2021 and is expected to grow at a CAGR of 4.8% during the forecast period until 2032. In the UK, the Mitsubishi Chemical Group (MCG) recently announced plans to expand SoarnolTM Ethylene Vinyl Alcohol Copolymer resin production capacity by 21,000 tonnes annually. The increased output is expected to commence in July 2025.
EVOH is synthesized from vinyl alcohol and ethylene by a two-step process: polymerization followed by saponification. In the first step, an initiator polymerizes ethylene and vinyl acetate. In the second step, the saponification of the ethylene-vinyl acetate copolymer takes place to form EVOH Copolymer. Physically, EVOH is a flexible, transparent, and glossy copolymer. It displays high resistance to attack by hydrocarbons, oils, organic fats, vapors, and solvents making it a great barrier material and a superior barrier film than HDPE and PET. EVOH offer barrier properties by resisting gases such as oxygen and nitrogen. Therefore, EVOH is used for packaging commodities like food, cosmetics, medicines, etc.
Moreover, due to its barrier properties, EVOH is employed as a fuel barrier in tanks of fuel tanks of portable gas containers and vehicles. Other applications include the beverage sector, chemical industry, pharmaceuticals, construction, agricultural, and automotive industries, where it is used for plastic fuel tanks, agrochemical containers, soil fumigation films, and vacuum insulation panels. EVOH may also be coextruded during the blown film, cast film, and extrusion coating processes to generate flexible packaging.
The market driving factor for EVOH is its excellent barrier properties. The food and beverage industry are driving EVOH's market growth. It is increasingly in demand to produce laminated or coextruded flexible food packaging films and uses blow-molded or thermoformed food containers and bottles. The total EVOH demand in 2021 stood at 151 thousand tonnes, with 70% of the demand from the Industrial & Food Packaging Sector. Demand for packaged food will further increase in forecast time due to population growth and consumers’ demand for quick and ready-to-eat meals, which will fuel the EVOH demand in the coming years.
Based on region, North America and Europe are the leading consumers across the globe. The highest demand is accounted by North America with a share of 40% of the market in 2021. The primary reason that fuels the EVOH demand in North America is the wide array of application in the petrochemical industry in the fuel tanks, in ready to eat foods for packaging, and bottles which will be further increasing in the upcoming times. EVOH is further employed in plastic industry where it is co-extruded with Polyethylene (PE) and Polypropylene (PP) for better barrier resistance in food items and increasing their shelf life. Moreover, USA is the leading producer of EVOH among all the other countries.
Based on the end-user industry, the global EVOH market is segmented into Industrial & Food Packaging, Consumer Goods, Automotives, and others. Industrial & Food Packaging is the primary leading sector as the consumer of EVOH making up 70% of the total demand in 2021. The majority of the EVOH market is driven by the widespread usage of plastic containers in containers for ready-to-eat meals. The material EVOH is ideal for rigid and semi-rigid packaging. Meats, sausages, and fish are vacuum packaged using EVOH. Utilizing methods like blow molding and co-injection-stretch-blow molding, EVOH is used in as a packaging material for goods like bottles of alcoholic beverages and jars, as a replacement of glass and metal for packaging.
Major players in the production of Global EVOH are Kuraray Co., Ltd., Mitsubishi Chemical Corporation, Chang Chun Petrochemical, and others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2032
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Objective of the Study:
• To assess the demand-supply scenario of Ethylene Vinyl Alcohol (EVOH) which covers production, demand and supply of Ethylene Vinyl Alcohol (EVOH) market in the globe.
• To analyse and forecast the market size of Ethylene Vinyl Alcohol (EVOH)
• To classify and forecast Global Ethylene Vinyl Alcohol (EVOH) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., of Ethylene Vinyl Alcohol (EVOH) market in the globe.
To extract data for Global Ethylene Vinyl Alcohol (EVOH) market, primary research surveys were conducted with Ethylene Vinyl Alcohol (EVOH) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Ethylene Vinyl Alcohol (EVOH) market over the coming years.
ChemAnalyst calculated Ethylene Vinyl Alcohol (EVOH) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of black liquor (raw material) to produce Ethylene Vinyl Alcohol (EVOH). ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
• Organizations, forums and alliances related to Ethylene Vinyl Alcohol (EVOH) distribution
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethylene Vinyl Alcohol (EVOH) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, Global Ethylene Vinyl Alcohol (EVOH) s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.