Ethyl Alcohol Global Market Report 2023 – By Type (Synthetic, Fermented), By Application (Industrial Solvent, Fuel/Fuel Additive, Bacteriacide/Disinfectant, Beverages, Personal Care, Other Applications), By End User Industry (Automotive, Food and Beverages, Pharmaceutical, Personal Care, Other End Use Industries) – Market Size, Trends, And Global Forecast 2023-2032

The ethyl alcohol is a clear, colorless liquid made through the hydration of ethylene and basic organic chemicals are substances that contain carbon and hydrogen. The ethyl alcohol is highly flammable and contains pleasant odor and burning taste. The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. The global ethyl alcohol and other basic organic chemicals market is segmented - 1) By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals 2) By Grade: Food Grade, Industrial Grade, Cosmetics Grade 3) By End User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries The global ethyl alcohol and other basic organic chemicals market grew from $1199.82 billion in 2022 to $1304.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ethyl alcohol and other basic organic chemicals market is expected to grow to $1773.28 billion in 2027 at a CAGR of 8.0%. Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries. Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%. Mostly, sugar cane and corn are used to produce ethanol. For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component, and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market. Furthermore, many state and local governments in emerging markets such as China and India are passing laws for the mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Major companies in the ethyl alcohol and other basic organic chemicals market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, US interest rates are expected to rise by up to 3.5% by 2021. These factors are expected to have a negative impact on the ethyl as borrowing money will become expensive, thereby affecting market growth. Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations. Asia-Pacificwas the largest region in the ethyl alcohol and other basic organic chemicals market in 2022. North America was the second-largest region in the ethyl alcohol and other basic organic chemicals market. The regions covered in the ethyl alcohol and other basic organic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol and other basic organic chemicals market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The ethyl alcohol and other basic organic chemicals market consists of the sales of tall oil and wood distillates, distil coal tars, wood or gum chemicals, naval stores, natural tanning materials, charcoal briquettes, charcoal, cyclic crudes or cyclic intermediates, aromatic petrochemicals, industrial gases, and synthetic organic dyes and pigments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethyl alcohol and other basic organic chemicals market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemicals market statistics, including ethyl alcohol and other basic organic chemicals industry global market size, ethyl alcohol and other basic organic chemicals market regional shares, competitors with an ethyl alcohol and other basic organic chemicals market share, detailed ethyl alcohol and other basic organic chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol and other basic organic chemicals industry. This ethyl alcohol and other basic organic chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the ethyl alcohol and other basic organic chemicals industry.

Ethylene propylene is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene component. It is resistant to heat and electricity and is non-reactive towards acids and alkali compounds. Ethylene propylene is used in weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, and electrical insulation. The main product types of ethylene-propylene are solution polymerization and suspension polymerization. Solution polymerization is the polymerization that takes place in a solution. The presence of a solvent prevents the viscosity of the reaction mixture from becoming too high, which is beneficial for fluid flow and heat transfer. The various applications involved are automotive, building and construction, plastic modification, lubricant additives, wires and cables, and tires and tubes. The global ethylene propylene (EPDM) market is segmented - 1) By Product Type: Solution Polymerization, Suspension Polymerization 2) By Application: Automotive, Building & Construction, Plastic Modification, Lubricant Additive, Wires & Cables, Tires & Tubes The global ethylene propylene (EPDM) market size will grow from $6.08 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ethylene propylene (EPDM) is expected to grow from $9.45 billion in 2027 at a CAGR of 9.0%. The use of ethylene propylene (EPDM) market across various industries contributes to the growth of the ethylene-propylene market. In the automotive industry, EPDM products bond well with metals by providing a well-built barrier against the environment. EPDM possesses properties such as heat resistance, abrasion resistance, oil swell resistance, flame retardance, oxidation, ozone, and weather ageing due to its stable, saturated polymer backbone structure. Companies such as BRP manufacturing are providing EPDM for the automotive industry that includes under-the-hood, cabin pressure-equalizing assemblies, interior trim, and striker plate blinds. Thus, the usage of EPDM in different industries is contributing to the EPDM market's growth. Major players in the ethylene propylene (EPDM) market are The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC., Mitsui Chemicals, Inc., SK Global Chemical Co. Ltd., Sumitomo Chemical Co., Ltd., and Versalis S.p.A. The release of volatile organic compounds (VOCs) while manufacturing ethylene-propylene causes environmental pollution, which is challenging the growth of the EPDM market. VOCs consist of different chemicals that show adverse effects on human health as well as on the environment as they release fine particulates into the atmosphere, resulting in the formation of smog and reduced visibility. For instance, to avoid harmful emissions of VOCs, the Hong Kong government has implemented various regulations, such as products exceeding normal emissions of VOCs not allowed in the country. Thus, the increased release of VOCs from producing ethylene propylene is limiting the ethylene propylene (EPDM) market growth. The increasing demand for ethylene propylene diene monomer (EPDM) rubber produced from bio-based feedstock acts as a key trend driving the growth of the EPDM market. Renewable EPDM rubber uses raw materials such as sugar and glycerin to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability. For instance, Keltan, a Netherlands-based company, produced the first commercial bio-based feedstock, KELTAN ECo., based on renewable raw materials. Therefore, renewable ethylene propylene (EPDM) market rubber is expected to increase the market share of the ethylene propylene (EPDM) market. Asia-Pacific was the largest region in the ethylene-propylene market in 2022. Middle East was the second-largest region in the ethylene propylene (EPDM) market report. The regions covered in the ethylene propylene (EPDM) analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethylene propylene (EPDM) market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The ethylene propylene (EPDM) market consists of the sales of ethylene propylene made with ethylene and propylene alone, and ethylene propylene made with small amounts of a diene (generally ethylidene norbornene or 1,4-hexadiene). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in the ethylene propylene (EPDM) market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethylene propylene (EPDM) market research report is one of a series of new reports from The Business Research Company that provides ethylene propylene (EPDM) market statistics, including ethylene-propylene industry global market size, regional shares, competitors with an ethylene-propylene market share, detailed ethylene-propylene market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene propylene (EPDM) market industry. This ethylene-propylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

ethylene market refers to an acyclic hydrocarbon which is a colorless, flammable gas with a faint sweet and musky odor when it’s pure. It is the simplest alkene widely used in industry and is also a plant hormone. The main feedstock types of ethylene market include naphtha, ethane, propane, butane, and other feedstocks. Ethane is a colorless, odorless, gaseous hydrocarbon (a compound of hydrogen and carbon) belonging to the paraffin series. Ethylene has various applications that include polyethylene, ethylene oxide, ethylene benzene, ethylene dichloride, vinyl acetate, and alpha-olefins. These are used in the packaging, automotive, construction, agrochemical, and textile industries. The global ethylene market is segmented - 1) By Feedstock: Naphtha, Ethane, Propane, Butane, Other Feedstocks 2) By Application: Polyethylene, Ethylene oxide, Ethylene benzene, Ethylene dichloride, Vinyl Acetate, Alpha Olefins 3) By End User Industry: Packaging, Automotive, Construction, Agrochemical, Textile The global ethylene market size grew from $102.91 billion in 2022 to $105.71 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ethylene is expected to grow to $117.93 billion in 2027 at a CAGR of 2.8%. During the historic period, increased demand for polythene products contributed to the ethylene market’s growth. Ethylene is mainly used in polyethylene products such as low-density polyethylene (LDPE), high-density polyethylene (HDPE), and linear low-density polyethylene (LLDPE). The polyethylene market has grown substantially due to the increased demand for plastic across the globe. The high penetration of plastics in electronic products and lightweight products in vehicles has increased the demand for plastics. According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019. These factors that have driven the adoption of polyethylene have impacted the growth of the ethylene market. Major players in the ethylene market are AkzoNobel, BASF SE, Borealis, Chevron Phillips Chemical Company LLC., China Petrochemical Corporation, China Petroleum & Chemical Corporation, Clariant, Dow Chemical, Equistar Chemicals, and Exxon Mobil Corporation. Stringent government regulations related to the production and use of ethylene restrain the growth of the ethylene market. Ethylene is combustible and carcinogenic in nature, making it dangerous to the environment. It is highly explosive and can cause light-headedness, dizziness, and unconsciousness when exposed. Several countries are implementing legislation for environmental protection, which will put pressure on the companies involved in the production of ethylene. For instance, in January 2020, a group of 364 environmental and other non-governmental organizations filed a petition with the U.S. Environmental Protection Agency (EPA) to revise standards applicable to petro-plastics production facilities. The petition requests the EPA to impose unprecedented controls on such facilities. Moreover, globally, governments are banning single-use plastics to curb plastic waste. For instance, in January 2020, China announced its plans to ban single-use plastics and promote recycling and green packaging. The restrictions laid on production would hamper the growth of the ethylene market. Ethylene-producing companies are investing in ways to develop bio-based green polyethylene compounds. These plastics are easy to produce, consume less energy, and offer the same versatility as chemically synthesized plastic. Following the trend, Braskem, a Brazil-based biopolymer producer, partnered with LEGO Group, a Danish toy production company, to supply it with I’m greenT polyethylene. I’m greenT polyethylene is a plastic made from sugarcane that is 100% recyclable and contributes to the reduction of greenhouse gases. In January 2020, Indorama Ventures, a Thailand-based intermediate petrochemical company completed the acquisition of ethylene business of Huntsman Corporation for $2 billion. This acquisition added products such as ethylene, ethylene oxide, and mono ethylene glycol, extending the product profile of Indorama Ventures, and will strengthen the PET feedstock supply chain and improve its position as a PET manufacturer. The deal gives Indorama Ventures access to a number of new derivative products, including propylene/PO derivatives, surfactants, ethanolamines, glycol ethers, and MTBE. Huntsman Corporation is a US-based manufacturer and marketer of chemical products. Asia-Pacific was the largest region in the ethylene market in 2022. North America was the second-largest region in the ethylene market report. The regions covered in the ethylene market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethylene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The ethylene market consists of the sales of ethylene in different compounds such as polyethylene (plastics), ethylene oxide or ethylene glycol, ethylene dichloride, and styrene. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethylene market research report is one of a series of new reports from The Business Research Company that provides ethylene market statistics, including ethylene industry global market size, regional shares, competitors with an ethylene market share, detailed ethylene market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene industry. This ethylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ethylene petrochemical refers to an acyclic hydrocarbon which is a colorless, flammable gas with a faint sweet and musky odor when its pure. It is the simplest alkene widely used in industry and is also a plant hormone. The main feedstocks of ethylene-petrochemicals are naphtha, ethane, propane, butane, and other feedstocks. Ethane is defined as an odorless, gaseous, and colorless hydrocarbon compound. Ethane is considered to be the simplest hydrocarbon compound containing a single carbon-carbon bond. The various applications of ethylene include polyethylene, ethylene oxide, ethylene benzene, ethylene dichloride, vinyl acetate, and alpha-olefins. The main end-use industries in which ethylene is used are packaging, automotive, construction, agrochemicals, and textiles. The global ethylene-petrochemicals market is segmented - 1) By Feedstock: Naphtha, Ethane, Propane, Butane, Other Feedstocks 2) By Application: Polyethylene, Ethylene oxide, Ethylene benzene, Ethylene dichloride, Vinyl Acetate, Alpha Olefins 3) By End User Industry: Packaging, Automotive, Construction, Agrochemical, Textile The global ethylene-petrochemicals market size will grow from $102.91 billion in 2022 to $105.71 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the ethylene-petrochemicals is expected to grow from $117.93 billion in 2027 at a CAGR of 2.8%. During the historic period, increased demand for polythene products contributed to the ethylene-petrochemicals market’s growth. Ethylene is mainly used in polyethylene products such as low-density polyethylene (LDPE), high-density polyethylene (HDPE), and linear low-density polyethylene (LLDPE). The polyethylene market has grown substantially due to the increased demand for plastic across the globe. The high penetration of plastics in electronic products and lightweight products in vehicles has increased the demand for plastics. According to National Geographic (2020), 40% of the plastic produced every year is single-use plastics. Production of plastic is expected to double by 2050. These factors that have driven the adoption of polyethylene have impacted of the ethylene market growth. Major players in the ethylene-petrochemicals market are AkzoNobel, BASF SE, Borealis, Chevron Phillips Chemical Company LLC., China Petrochemical Corporation, China Petroleum & Chemical Corporation, Clariant, Dow Chemical, Equistar Chemicals, and Exxon Mobil Corporation. Stringent government regulations related to the production and use of ethylene restrain the growth of the ethylene-petrochemicals market. Ethylene is combustible and carcinogenic in nature, making it dangerous to the environment. It is highly explosive and can cause light-headedness, dizziness, and unconsciousness when exposed. Several countries are implementing legislation for environmental protection, which will put pressure on the companies involved in the production of ethylene. For instance, in January 2020, a group of 364 environmental and other non-governmental organizations filed a petition with the U.S. Environmental Protection Agency (EPA) to revise standards applicable to petro-plastics production facilities. The petition requests the EPA to impose unprecedented controls on such facilities. Moreover, globally, governments are banning single-use plastics to curb plastic waste. For instance, in January 2020, China announced its plans to ban single-use plastics and promote recycling and green packaging. The restrictions laid on production would hamper the growth of the ethylene-petrochemicals market. Ethylene-producing companies are investing in ways to develop bio-based green polyethylene compounds. These plastics are easy to produce, consume less energy and offer the same versatility as chemically synthesized plastic. Following the trend, in June 2021, Braskem, a Brazil-based biopolymer producer, launched the world’s first renewably-sourced polyethylene wax. This can be used for producing coatings, cosmetics, adhesives, and various other compounds. In January 2020, Indorama Ventures, a Thailand-based intermediate petrochemical company completed the acquisition of ethylene business of Huntsman Corporation for $2 billion. This acquisition expanded Indorama Ventures' product profile by adding ethylene, ethylene oxide, and monoethylene glycol, as well as strengthening the PET feedstock supply chain and improving its position as a PET manufacturer. The deal gives Indorama Ventures access to a number of new derivative products, including propylene/PO derivatives, surfactants, ethanolamines, glycol ethers, and MTBE. Huntsman Corporation is a US-based manufacturer and marketer of chemical products. Asia-Pacific was the largest region in the ethylene-petrochemicals market in 2022. Middle East was the second-largest region in the global ethylene-petrochemicals market analysis. The regions covered in the global ethylene-petrochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethylene-petrochemicals market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The ethylene petrochemical market consists of the sales of ethylene petrochemicals in different compounds such as polyethylene (plastics), ethylene oxide or ethylene glycol, ethylene dichloride, and styrene. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethylene-petrochemicals market research report is one of a series of new reports from The Business Research Company that provides ethylene-petrochemicals market statistics, including ethylene-petrochemicals industry global market size, regional shares, competitors with an ethylene-petrochemicals market share, detailed ethylene-petrochemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene-petrochemicals industry. This ethylene-petrochemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ethylene-Vinyl Acetate (EVA) is an elastomeric copolymer of ethylene and vinyl acetate used to produce rubber-like materials. Ethylene Vinyl Acetate (EVA) is an elastomeric polymer that provides durability, crack resistance, and flexibility to certain materials. It is an ethylene-vinyl acetate copolymer with a vinyl acetate concentration ranging from 10% to 40%. EVA has improved stress crack resistance and can maintain flexibility without the use of plasticizers throughout a wide temperature range of 60 °C to 150 °C. The main types of ethylene vinyl acetate are very low-density ethylene vinyl acetate, low-density ethylene vinyl acetate, medium-density ethylene vinyl acetate, and high-density ethylene vinyl acetate. Low-density ethylene vinyl acetate is a polymer of low-density polyethene and vinyl acetate. It has high mechanical strength and flexibility at low temperatures, is more resilient than PVC and more flexible than LDPE, and has a higher permeability to water vapor and gases. The different applications include film, foam, hot melt adhesives, wire and cable, extrusion casting, and solar cell encapsulation and are used in various end-use industries, including footwear and foams, packaging, agriculture, photovoltaic panels, pharmaceuticals, and others. The global ethylene vinyl acetate market is segmented - 1) By Type: Very Low Density Ethylene Vinyl Acetate, Low Density Ethylene Vinyl Acetate, Medium Density Ethylene Vinyl Acetate, and High Density Ethylene Vinyl Acetate 2) By Application: Film, Foam, Hot Melt Adhesives, Wire and Cable, Extrusion Casting, Solar Cell Encapsulation, Other Applications 3) By End-Use Industry: Footwear and Foams, Packaging, Agriculture, Photovoltaic panels, Pharmaceuticals, Other End Users The global ethylene vinyl acetate market size grew from $7.77 billion in 2022 to $8.53 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ethylene vinyl acetate is expected to grow to $11.08 billion in 2027 at a CAGR of 6.8%. The rise in demand from the packaging industry is contributing to the growth of the ethylene vinyl acetate market. The rise in the demand for ethylene-vinyl acetate is being witnessed in the packaging sector due to more online purchasing during the COVID crisis. Ethylene-vinyl acetate (EVA) is the most prevalent polymer employed in hot melt adhesives for packaging applications. Packaging in EVA has good water resistance, corrosion resistance, easy processing, anti-vibration, and thermal insulation. They are strong, reusable, and delightful in appearance, and they are popular mostly among consumers. For instance, according to Smithers, a US-based provider of testing, consulting, information, and compliance services, packaging demand across the globe reached $917.1 billion in 2019 and is estimated to reach $1.05 trillion by 2024. The increase in demand for packaging materials and the positive growth of the packaging industry during the forecast period will further propel the growth of the ethylene vinyl acetate market. Major players in the ethylene vinyl acetate market are ExxonMobil Corporation, Dow Inc., Saudi International Petrochemical Company, Formosa Plastics Corporation, Hanwha Total Petrochemical Co. Ltd., LyondellBasell Industries N.V., BASF SE, E.I. Du Pont De Nemours & Co., Celanese Corporation, and Clariant AG. The introduction of new technologies for the production of ethylene-vinyl acetate is a key trend gaining popularity in the ethylene vinyl acetate market. Companies involved in the production of ethylene-vinyl acetate are introducing new technological processes in their production facilities to improve manufacturing performance and meet the growing need for EVA in the market. For instance, in April 2021, LyondellBasell, a Netherlands-based chemical company, revealed that Shandong Yulong Petrochemical Co. Ltd., a China-based oil and natural gas company, had introduced LyondellBasell Lupotech T high-pressure polyethene technology in two different production lines at a new plant. The process technique will be used to make low-density polyethene (LDPE) with vinyl acetate copolymer on a 200 KTA LDPE line and a 300 KTA LDPE and ethylene-vinyl acetate copolymer (EVA) line. Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the ethylene vinyl acetate market. Key players operating in the ethylene vinyl acetate sector are focused on partnerships and collaborations to reinforce their positions. For instance, in October 2021, ECI Group S.R.L, an Italy-based company involved in providing professional services division that staffs plant personnel collaborated with Shandong Yulong Petrochemical Co., Ltd., a China-based company involved in the refining of oil and natural gas and Repsol SA, a Spain-based company involved in energy and petrochemicals. With the collaboration, the companies intend to produce 200,000 tonnes of Ethylene Vinyl Acetate (EVA) and other associated high-pressure copolymers from the dual-stream plant at Shandong Yulong Petrochemical in the future. Asia-Pacific was the largest region in the ethylene vinyl acetate market in 2022. Asia-Pacific is expected to be the fastest-growing region in the ethylene vinyl acetate market during the forecast period. The regions covered in the global ethylene vinyl acetate market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ethylene vinyl acetate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The ethylene vinyl acetate market consists of sales of anti-PID EVA, UV-resistant EVA, and UV-transparent EVA. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethylene vinyl acetate market research report is one of a series of new reports from The Business Research Company that provides ethylene vinyl acetate market statistics, including ethylene vinyl acetate industry global market size, regional shares, competitors with an ethylene vinyl acetate market share, detailed ethylene vinyl acetate market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene vinyl acetate industry. This ethylene vinyl acetate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ethyl acetate is the acetate ester organic compound formed by the combination of acetic acid and ethanol. It’s a colorless liquid with a fruity odor that has less density than water and vaporizes in air. Ethyl acetate is a natural product found in various plants such as vitis rotundifolia, cinnamomum burmannii, and others. Ethyl acetate is used as solvents in paints, coatings, cleaning mixtures, decaffeinating coffee beans, and others. The main sales channel of ethyl acetate is direct company sales. direct import and distributors & traders. Direct company sale refers to the use of various activities to sell ethyl acetate products directly to the customers. The various applications of ethyl acetate include adhesives and sealants, paints and coatings, pigments, process solvents intermediates, and other applications that are used by end-users industries such as includes automotive, artificial leather, food and beverage, pharmaceuticals, and other end-user industries. The global ethyl acetate market is segmented - 1) By Sales Channel: Direct Company Sale, Direct Import, Distributors and Traders. 2) By Application: Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Other Applications. 3) By End-user Industry: Automotive, Artificial Leather, Food and Beverage, Pharmaceuticals, Other End-user Industries. The global ethyl acetate market size grew from $4.32 billion in 2022 to $4.76 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global ethyl acetate is expected to grow to $6.68 billion in 2027 at a CAGR of 8.8%. The increasing demand for paints and coatings is expected to propel the growth of the ethyl acetate market. Ethyl acetate is commonly used as an industrial solvent in paints and coatings to dissolve pigments and act as a hardener, which gives long-lasting effects after application to surfaces. The construction industry and the application of painting and coating to existing buildings and infrastructure for décor and protection have significantly increased the usage of paints and coatings applications. According to the European Coatings article, paints and coatings saw a rise in volume from 14 percent in 2021 to 22 percent in 2022 with the majority of applications decorating new and old infrastructure. Therefore, the increasing demand for paint and coating applications is driving the growth of the ethyl acetate market. Major players in the ethyl acetate market are Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited, Jiangsu Sopo Group Co Ltd., Jubilant Ingrevia Limited, Kai Co Ltd., Sipchem Company, Showa Denko K.K, Wuxi Baichuan Chemical Industrial Co Ltd., Yip’S Chemical Holdings Ltd., Solventis, Ashok Alco - Chem Limited (Aacl), Svensk Etanol Kemi Ab (Sekab), Indo Acidatama Tbk Pt, Solvay S.A., Merck Kgaa, Shandong Jinyimeng Group Co Ltd., Godavari Biorefineries Ltd., Lonza Group, and Iol Chemicals And Pharmaceuticals Ltd. Technological advancement is the key trend gaining popularity in the ethyl acetate market. Major companies operating in the ethyl acetate market are focused on developing technologically advanced solutions to strengthen their market position. For instance, in October 2020, Linde plc, a Germany-based company operating in industrial gases and the production of ethyl acetate, launched Linde EDHOX ethylene technology. Linde EDHOX ethylene technology works on catalytic technology, a chemical process in which the catalyst or substrate is added to change the pace of the reaction to get the desired result. Linde EDHOX is an oxidative process that converts ethane into ethylene and acetic acid in mild conditions in a commercial-size reactor. In January 2021, Ineos Group Ltd., a United Kingdom-based chemicals company, acquired BP plc's Aromatics & Acetyls business for a $5 billion deal. With the acquisition, INEOS aims to strengthen its petrochemical, aromatics, and acetyls product portfolio and gain the reach of the business. BP plc is a United Kingdom-based company operating in petrochemicals and ethyl acetate. Asia-Pacific was the largest region in the ethyl acetate market in 2022 and is expected to be the fastest-growing region in the ethyl acetate market during the forecast period. The regions covered in global ethyl acetate market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ethyl acetate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ethyl acetate market consists of sales of ethyl acetate that is used as solvent for varnishes, paints and lacquers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethyl acetate market research report is one of a series of new reports from The Business Research Company that provides Ethyl acetate market statistics, including ethyl acetate industry global market size, regional shares, competitors with ethyl acetate market share, detailed Ethyl acetate market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl acetate industry. This ethyl acetate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Ethylene propylene diene monomer refers to a synthetic rubber composed of ethylene, propylene, and diene monomers that is resistant to outdoor and high-temperature conditions. It exhibits properties such as ozone, UV, heat, polar solvents, water-based chemicals, and ageing resistance due to its stable polymer backbone structure. Ethylene propylene diene monomers are used for roofing for waterproofing, as EPDM seals. The manufacturing process of ethylene propylene diene monomer market includes a solution polymerization process, slurry and suspension process, and gas-phase polymerization process. Solution polymerization refers to a method of polymerization where a monomer is combined with a hydrocarbon solvent and a catalyst, which results in a polymer. This process allows easy heat transfer in solvents, generates a low viscosity mixture, is simple and economical, and the bulk polymer does not require any additives. The sales channel of ethylene propylene diene monomer includes direct sales and indirect sales. The application of ethylene propylene diene monomer includes automotive, building and construction, manufacturing, electrical and electronics, and other applications. The global ethylene propylene diene monomer market is segmented - 1) By Manufacturing Process: Solution Polymerization Process, Slurry And Suspension Process, Gas-Phase Polymerization Process 2) By Sales Channel: Direct Sales, Indirect Sales 3) By Application: Automotive, Building, And Construction, Manufacturing, Electrical And Electronics, Other Applications The global ethylene propylene diene monomer market size grew from $3.84 billion in 2022 to $4.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global ethylene propylene diene monomer is expected to grow to $5.61 billion in 2027 at a CAGR of 7.7%. The increase in demand for zero-emission vehicles is driving the growth of the ethylene propylene diene monomer market. Zero-emission vehicles mean vehicles that do not emit harmful gases or pollutants and offer a wide range of advantages, such as low maintenance costs, low running costs and zero tailpipe emissions. Ethylene propylene diene monomer is utilized in zero-emission vehicles because it has noise-reducing qualities and attaches readily to metal, providing a solid barrier against weather, road surface, and engine vibration. According to the International Energy Agency (IEA) report, sales of electric cars reached 3 million units in 2020, a 40% increase from 2019, and are estimated to reach 300 million units by 2030. Therefore, the increase in demand for zero-emission vehicles is driving the ethylene propylene diene monomer market. Major players in the ethylene propylene diene monomer market are The Dow Chemical Company, Exxon Mobil Corporation, Firestone Building Products Company LLC, Johns Manville Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC, Mitsui Chemicals Inc., PetroChina Company Limited, SK Global Chemical Co Ltd., Sumitomo Chemical Co Ltd., Versalis SpA, Warco Biltrite, Rubber Engineering and Development Company (REDCO), West American Rubber Company LLC and JSR Corporation. Product innovation is a key trend gaining popularity in the ethylene propylene diene monomer market. Major market players are concentrating on creating innovative products for delivering durable, high-performance products to meet industry demand in response to technology improvements, membrane research, and contractor requirements for more ergonomic products. For instance, in January 2021, InterApp, a Swiss valves and actuators manufacturing company launched new innovative EPDM liner for its rubber lined butterfly valves Desponia and Desponia plus. The new EPDM liner boasts improved compression set and mechanical properties compared to other rubber compounds such as silicones or fluoroelastomers. It is created for working conditions up to 16 bar. The company aims to fulfill the increasing demand for an elastomer compound in extreme temperatures and steam applications. In May 2021, Kumho Petrochemicals, a South Korea-based chemical company, acquired Kumho Polychem for an undisclosed amount. The acquisition of Kumho Polychem aimed to strengthen Kumho Petrochemicals’ competitive advantage in the synthetic rubber business. Kumho Polychem is a South Korea-based chemical company that manufactures ethylene propylene diene monomer. Asia-Pacific was the largest region in the ethylene propylene diene monomer market in 2022. North America was the second-largest region in the ethylene propylene diene monomer market. The regions covered in the global ethylene propylene diene monomer market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ethylene propylene diene monomer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The ethylene propylene diene monomer market consists of sales of vinyl norbornene (VNB), dicyclopentadiene (DCPD), and ethylidene norbornene (ENB). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ethylene propylene diene monomer market research report is one of a series of new reports from The Business Research Company that provides Ethylene propylene diene monomer market statistics, including ethylene propylene diene monomer industry global market size, regional shares, competitors with ethylene propylene diene monomer market share, detailed Ethylene propylene diene monomer market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene propylene diene monomer industry. This ethylene propylene diene monomer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Chemical compounds are substances that are produced based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. Chemicals have characteristics such as flammability, toxicity, acidity, reactivity, and heat of combustion. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and other end-users. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users Subsegments Covered: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals. The global chemicals market size will grow from $4700.13 billion in 2022 to $5079.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of chemicals is expected to grow to $6851.59 billion in 2027 at a CAGR of 7.8%. Interest rates were low in most developed countries during this period. This positively impacted the growth of the chemicals market. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemical companies to borrow money for process improvements, thus driving the market during the historic period. Major companies in the chemicals market include JXTG Holdings Inc., Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc., Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Rising costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enables chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V., a chemicals and coatings giant, is planning to make a seven-figure investment in Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Asia-Pacific was the largest region in the chemicals market in 2022. North America was the second-largest region in the chemicals market share. The regions covered in the chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemicals market consists of the sales of petrochemicals, industrial gas, ethyl alcohol, organic chemicals and inorganic chemicals, resins, synthetic rubber, and artificial and synthetic fibers and filaments, pesticides, fertilizers, and other agricultural chemicals. The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals and minerals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemicals market research report is one of a series of new reports from The Business Research Company that provides chemicals market statistics, including chemicals industry global market size, regional shares, competitors with a chemicals market share, detailed chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the chemicals industry. This chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.