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EAA and EMAA Copolymer Market

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The global EAA and EMAA copolymer market size was USD 1.553 Bn in 2022 and is likely to reach USD 2.115 Bn by 2031, expanding at a CAGR of 3.7% during 2023–2031. The market growth is attributed to the growing industrialization at a rapid pace.

A copolymer is formed when two or more different types of monomers are linked in the same polymer chain, as opposed to a homopolymer where only one monomer is used. It is an important additive in plastic production, as it improves the strength, clarity, and heat resistance of plastic. EAA (Ethylene Acrylic Acid) & EMAA (Ethylene Methacrylic Acid) are copolymers that are employed for various applications.

EAA and EMAA Copolymer Market Market Outlook

EAA copolymer is made up of ethylene and acrylic acid. It is a colorless liquid, which is mostly used in paints & coatings, adhesives & sealants, textiles, and nonwoven fibers. It has excellent adhesive and sealing qualities, as well as exceptional durability and flexibility. 

EMAA is made up of ethylene and methacrylic acid, which is colorless with a sharp odor. EMAA resins are used as crosslinking agents for polyurethane, which is used in plastic and paints & coatings. It has excellent water and chemical resistance property.

The presence of acrylic acid offers polarity, adhesion, toughness, hot tack strength, and low-temperature heat seal ability. This copolymer is widely used in flexible packagings such as laminated tubes, condiment pouches and sachets, aseptic packaging, meat, and cheese packaging, as well as protective metal coating, wire & cable, and powder coating.

The COVID-19 pandemic affected the EAA and EMAA copolymer market. The growth rate decreased, due to a prolonged shutdown of manufacturing units. A few companies have already announced possible delays in the delivery of products, owing to the lockdown and traveling restrictions. Moreover, a sharp decline in the demand from the end-use industries due to the lack of timely supply of products disrupted the supply chain of the market.

Macro-economic Factors

Research and Development Activities

R&D is a crucial driver for economic growth, as it promotes innovation, inventiveness, and progress. High demand for food packaging, rising consumption of packaged food, increasing development activities, and high use of eco-friendly polymers and resins are projected to increase the demand for EAA and EMAA copolymer in the future. Such factors are encouraging manufacturers to invest in and develop sustainable packaging materials.

New processes have been introduced by the R&D sector to produce EAA and EMAA copolymers with a high yield. Key players are continuously investing in R&D to increase the application of EAA and EMAA copolymer, thus creating opportunities in the market.

Rising inclination of the population towards eco-friendly polymers to maintain the ecosystem and ban the use of non-biodegradable polymers in various nations provide profitable chances for research & development. Furthermore, rising customer awareness regarding the non-poisonous properties of biodegradable polymers is expected to increase the demand for bio-based copolymer manufacturers.

Eco-friendly Plastic

The expansion of the food & beverage industry has led to the rise in the use of plastic, which is hampering the environment. Many players are focusing on a circular economy, eliminating plastic waste, and using 100% recyclable packaging, thus propelling the environment. Manufacturers are adopting eco-friendly manufacturing practices, waste management programs, and recycling techniques, which, in turn, is boosting awareness among consumers.

Green packaging has a number of benefits, such as less reliance on fossil fuels, less usage of natural resources, rising recycling activities, use of energy-efficient production techniques, and the use of renewable resources.

Raw Material Availability

Raw materials are needed for manufacturing products for customers. Thus, these resources are an essential component of the global economy and international trade. Raw material inventory is critical for small and large businesses to ensure production process stability. When inventory is not well controlled, the production process encounters issues.

This results in an unstable production process, which impacts the company's finances. EAA and EMAA copolymers are manufactured from various methods. For example, EMAA is manufactured from ethylene and methacrylic acid, which consumes a large number of raw materials and energy. High cost associated with raw materials results in raw material shortage.

EAA and EMAA Copolymer Market Dynamics

The EAA and EMAA copolymer market report has up-to-date insights that help in formulating a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.

EAA and EMAA Copolymer Market Dynamics

Major Drivers

Increasing demand from the food packaging industry is a major factor driving the market growth during the forecast period. EAA copolymer has a wide range of packaging applications in the food packaging sector, due to its adhesive characteristics. It adheres to paper, foil, LDPE (Low-density Polyethylene), and polyamide packaging substrates easily. EAA copolymer has qualities such as thickening and binding, grease, resistance to solvents, and water, and thermoplasticity. The copolymer has a strong bond resistance, which makes it suitable for packaging acidic foods.

The heat-sealing capability of the EAA copolymer makes it ideal for high-speed packing. Apart from tea bags, dry-food packages, alcohol swabs, and laminated tube container packages, EAA copolymer is utilized in the packaging of juice and aseptic milk, ketchup, snacks, and oil. The expansion of the packaging industry is expected to drive the demand for EAA and EMAA copolymer over the projected period.

Rising demand for Ethylene Methacrylic Acid Copolymer (EMAA) from the textile industry is another major factor driving the market growth. Growing industrialization and the rapid expansion in the number of end-use applications, such as footwear, packaging films, automotive parts, apparel, and carpet backing, are expected to boost the global EAA and EMAA copolymer market. Its increased adherence to LDPE & LLDPE substrates and high processability makes the EMAA copolymer ideal for use in a wide range of applications and industries.

The global demand for carpet backing items, especially clothes, is increasing, which, in turn, has increased the global demand for ethylene methacrylic acid copolymer. Asia Pacific is the largest carpet manufacturing powerhouse in the world in terms of demand. The region accounted for a significant share of the global EAA and EMAA Copolymer market.

The presence of a large number of consumers buying clothing and related accessories on e-commerce platforms in developing countries is contributing to positive growth in the market. Increasing organized market penetration, rising disposable income levels, advantageous demographics, and favorable government regulations are expected to fuel the market in Asia Pacific.

Existing Restraint

Fluctuation in raw material costs hinders the market growth. Raw material prices are rising, and manufacturers are facing various issues throughout their supply chains. Manufacturers are still dealing with the two supply chain obstacles that hampered industries during the pandemic: slow supply deliveries and unavailability of labor. The source of raw materials is one of the main reasons for the fluctuation of raw material pricing.

For example, in EAA copolymer, ethylene is used as a raw material and it is sourced from a petrochemical plant. Petrochemicals are associated with crude oil. Rising crude oil prices increase the cost of petrochemicals as well as market prices for several downstream chemical intermediates and polymers.

Increasing environmental concerns regarding the usage of petroleum-based acrylic acid restrain the market at a certain limit. The uncertainty in crude oil supply as a result of the shifting political-economic landscape, are projected to restrict the EAA and EMAA copolymers market in the future.

Emerging Opportunities

Shifting preference toward bio-based acrylic acid creates immense growth opportunities in the market. Petroleum-based acrylic acid is highly used. Rising awareness of the harmful consequences of petroleum-based chemicals has changed the preference for bio-based acrylic acid. Companies have developed bio-based acrylic acid as a result of increased regulatory pressure. Major producers such as BASF, Dow Chemicals, Cargill, and Novozyme have invested in producing bio-based products at competitive rates.

Production of bio-based products has expanded as a result of key companies increasingly implementing sustainable initiatives to minimize atmospheric CO emissions and concerns surrounding the availability of fossil raw materials. Additionally, different bio-based approaches are being used by the chemical industry to produce acrylic acid. Intensive R&D to develop bio-based alternatives is anticipated to create opportunities for market expansion.

Scope of EAA and EMAA Copolymer Market Report

The global EAA and EMAA copolymer market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

EAA and EMAA Copolymer Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2020–2021

Forecast Period

2023–2031

Segmentation

Product (Ethylene Acrylic Acid and Ethylene Methacrylic Acid), and Application (Packaging, Powder Coating, Hot-melt Adhesive, Water-based Solvent, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

BASF SE; Dow; Exxon Mobil Corporation; Honeywell International Inc; INEOS; Prasol Chemicals Limited; SNP, Inc; LyondellBasell Industries Holdings B.V.; SK geo centric Co., Ltd; Michelman, Inc; and Jiangsu Victory Chemical Co., Ltd.

EAA and EMAA Copolymer Market Segment Insights

On the basis of product, the market is bifurcated into ethylene acrylic acid and ethylene methacrylic acid. The ethylene acrylic acid segment held around 76.0% share of the market in 2021 and is anticipated to generate more revenue share in the coming years. This copolymer is used in a variety of end-use industries, such as packaging, paints & coatings, textile, automotive, and others. Various benefits of the product include heat stability, heat resistance, formulation flexibility, chemical reactivity, and adhesion on difficult surfaces.

The ethylene methacrylic acid segment is expected to expand at a CAGR of 3.3% during the projection period. The segment is growing steadily, as it is majorly used in the production of hot-melt adhesives, extrusion coating, and solvents. This copolymer provides adhesion on various substrates of polymer films without affecting the product inside.

EAA and EMAA Copolymer Market Product

Based on application, the market is segmented into packaging, powder coating, hot melt adhesive, water-based solvent, and others. The packaging segment held a 39.2% share of the market in 2021 and is expected to register a robust growth rate during the assessment period.

The packaging industry is shifting towards flexible packaging, due to its environmental advantages. Flexible packaging typically uses EAA & EMAA copolymers, due to their bonding ability. Increasing demand for packaged food is creating opportunities in the packaging industry.


The powder coating segment is projected to expand at a CAGR of 3.7% during the forecast period. Powder coatings are environmentally friendly, which is fueling the segment. These coatings offer an alternative to traditional systematic coatings, which minimizes the amount of air pollution by avoiding the use of volatile organic compounds. EAA & EMAA are environment-friendly resins, which are employed in the manufacture of powder coatings.

The hot-melt adhesive segment held a 16.0% market share in 2021 and is anticipated to account for a major market share during the projected period. Hot glue adhesives are used in the packaging industry for various applications, such as sealing boxes and cartons for food and general consumer products. Presently, the manufacturers of hot-melt adhesives are focusing on the use of environment-friendly materials and polymers.

EAA & EMAA are bio-degradable and used in hot-melt adhesives, due to their properties such as high strength, high bonding ability, and excellent adhesion. The water-based solvent segment is expected to expand at a CAGR of 2.1% during the forecast period.

Water-based solvents are considered as sustainable and effective alternatives to solvent-based systems for flexible packaging. Water is the main base ingredient instead of chemicals. Factors driving the sale of water-based solvents are durability, flexibility, economic efficiency, and others.


EAA and EMAA are important ingredients of these solvents, as it offers high adhesion and toughness. The others segment is valued at USD 120.5 Million in 2021 and is expected to reach USD 137.9 Million in the coming years. EAA and EMAA have a wide range of applications, including extrusion coating and wire & cable shielding. Extrusion coatings are majorly used for flexible packaging in various end-use industries.

EAA and EMAA Copolymer Market Applications

EAA and EMAA Copolymer Market Regional Analysis

In terms of region, the global EAA and EMAA copolymer market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific accounted for a 26.1% share of the market in 2021 and is anticipated to dominate the market during the forecast period.

The regional market growth is attributed to the presence of a large number of manufacturers of packaging films in countries such as China and Japan. Increasing demand for EAA and EMAA copolymer from various industries, including packaging, cosmetics, and automotive, is expected to drive the market growth in the region.


North America held 25.5% share of the global market in 2021, due to the changing lifestyle, high demand for packaged and convenience foods, and rise in automotive manufacturing in the region. High government investments in R&D and the presence of robust chemical manufacturing facilities in the country are expected to create opportunities for the market players.

The market in Europe is anticipated to expand at a CAGR of 3.4% during the forecast period. The food sector in the region is one of the most profitable in the world, and evolving food trends and high demands are expected to generate create lucrative business opportunities in the market in the future.

High need for food packaging in this region is projected to drive the sales of EAA and EMAA copolymer in Europe during the forecast period. Furthermore, the presence of prominent automotive manufacturers in this region is projected to drive the demand for EAA and EMAA copolymer, as their applications in the automobile are growing significantly.


The market in the Middle East & Africa and Latin America is projected to expand at a CAGR of 1.0% and 1.7%, respectively, during the forecast period, owing to the expansion of the automotive and construction sectors in Brazil that, use adhesives and barrier coatings. This, in turn, is expected to create opportunities in the EAA and EMAA copolymers market in the region.

EAA and EMAA Copolymer Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global EAA and EMAA copolymer Market

  • Historical, Current and Projected Market Size in terms of Value

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints, and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global EAA and EMAA Copolymer Market Performance

Segments

The EAA and EMAA copolymer market has been segmented on the basis of

Product

  • Ethylene Acrylic Acid
  • Ethylene Methacrylic Acid

Application

  • Packaging
  • Powder Coating
  • Hot-melt Adhesive
  • Water-based Solvent
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Dow
  • Exxon Mobil Corporation
  • Honeywell International Inc
  • Prasol Chemicals Limited
  • SNP, Inc
  • LyondellBasell Industries Holdings B.V.
  • SK geo centric Co., Ltd.
  • Michelman, Inc
  • Jiangsu Victory Chemical Co., Ltd

Competitive Landscape

Key players competing in the global EAA and EMAA copolymer market are BASF SE; Dow; Exxon Mobil Corporation; Honeywell International Inc; INEOS; Prasol Chemicals Limited; SNP, Inc; LyondellBasell Industries Holdings B.V.; SK geo centric Co., Ltd; Michelman, Inc; and Jiangsu Victory Chemical Co., Ltd.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide.

EAA and EMAA Copolymer Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EAA and EMAA Copolymer Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 EAA and EMAA Copolymer Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 EAA and EMAA Copolymer Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the EAA and EMAA Copolymer Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global EAA and EMAA Copolymer Market Size & Forecast, 2015-2030
      4.5.1 EAA and EMAA Copolymer Market Size and Y-o-Y Growth
      4.5.2 EAA and EMAA Copolymer Market Absolute $ Opportunity
   4.6 Comparative Pricing Analysis Between EAA & EMAA Copolymer and Standard LD Films (PE) Grade
Chapter 5 Global EAA and EMAA Copolymer Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 EAA and EMAA Copolymer Market Size Forecast By Type
      5.2.1 EAA (Ethylene Acrylic Acid)
      5.2.2 EMAA (Ethylene Methacrylic Acid)
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global EAA and EMAA Copolymer Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 EAA and EMAA Copolymer Market Size Forecast By Application
      6.2.1 Packaging
      6.2.2 Powder Coating
      6.2.3 Hot Melt Adhesive
      6.2.4 Water-based Solvent
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global EAA and EMAA Copolymer Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 EAA and EMAA Copolymer Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America EAA and EMAA Copolymer Analysis and Forecast
   9.1 Introduction
   9.2 North America EAA and EMAA Copolymer Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America EAA and EMAA Copolymer Market Size Forecast By Type
      9.6.1 EAA (Ethylene Acrylic Acid)
      9.6.2 EMAA (Ethylene Methacrylic Acid)
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America EAA and EMAA Copolymer Market Size Forecast By Application
      9.10.1 Packaging
      9.10.2 Powder Coating
      9.10.3 Hot Melt Adhesive
      9.10.4 Water-based Solvent
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe EAA and EMAA Copolymer Analysis and Forecast
   10.1 Introduction
   10.2 Europe EAA and EMAA Copolymer Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe EAA and EMAA Copolymer Market Size Forecast By Type
      10.6.1 EAA (Ethylene Acrylic Acid)
      10.6.2 EMAA (Ethylene Methacrylic Acid)
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe EAA and EMAA Copolymer Market Size Forecast By Application
      10.10.1 Packaging
      10.10.2 Powder Coating
      10.10.3 Hot Melt Adhesive
      10.10.4 Water-based Solvent
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific EAA and EMAA Copolymer Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific EAA and EMAA Copolymer Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific EAA and EMAA Copolymer Market Size Forecast By Type
      11.6.1 EAA (Ethylene Acrylic Acid)
      11.6.2 EMAA (Ethylene Methacrylic Acid)
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific EAA and EMAA Copolymer Market Size Forecast By Application
      11.10.1 Packaging
      11.10.2 Powder Coating
      11.10.3 Hot Melt Adhesive
      11.10.4 Water-based Solvent
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America EAA and EMAA Copolymer Analysis and Forecast
   12.1 Introduction
   12.2 Latin America EAA and EMAA Copolymer Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America EAA and EMAA Copolymer Market Size Forecast By Type
      12.6.1 EAA (Ethylene Acrylic Acid)
      12.6.2 EMAA (Ethylene Methacrylic Acid)
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America EAA and EMAA Copolymer Market Size Forecast By Application
      12.10.1 Packaging
      12.10.2 Powder Coating
      12.10.3 Hot Melt Adhesive
      12.10.4 Water-based Solvent
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) EAA and EMAA Copolymer Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) EAA and EMAA Copolymer Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) EAA and EMAA Copolymer Market Size Forecast By Type
      13.6.1 EAA (Ethylene Acrylic Acid)
      13.6.2 EMAA (Ethylene Methacrylic Acid)
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) EAA and EMAA Copolymer Market Size Forecast By Application
      13.10.1 Packaging
      13.10.2 Powder Coating
      13.10.3 Hot Melt Adhesive
      13.10.4 Water-based Solvent
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 EAA and EMAA Copolymer Market: Competitive Dashboard
   14.2 Global EAA and EMAA Copolymer Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 SK geo centric Co., Ltd
      14.3.2 Exxon Mobil Corporation
      14.3.3 Dow
      14.3.4 BASF SE
      14.3.5 Prasol Chemicals Limited
      14.3.6 Honeywell International Inc
      14.3.7 INEOS
      14.3.8 LyondellBasell Industries Holdings B.V. 
      14.3.9 Michelman, Inc

      14.3.10 Jiangsu Victory Chemical Co., Ltd
      14.3.11 SNP, Inc

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FAQ Section

Some frequently asked questions about this report!

The base year considered for the global EAA and EMAA copolymer market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015, and 2020 are the historic years, and the forecast is provided from 2022 to 2030.

In addition to market size (in US$ Million), the company market share (in % for the base year 2021), impact of key regulations, current and future market trends, patent analysis, penetration & growth prospect mapping, and market entry strategies are included for additional data analysis.

COVID-19 hampered the EAA and EMAA copolymer market moderately, as it is used in the packaging, cosmetics, and furniture industries. Manufacturers in the market are focused on investing in R&D activities, which boosted the market during the pandemic.

Major manufacturers include BASF SE, Dow, Exxon Mobil Corporation, Honeywell International Inc, INEOS, Prasol Chemicals Limited, SNP, Inc, LyondellBasell Industries Holdings B.V., SK geo centric Co., Ltd, Michelman, Inc, and Jiangsu Victory Chemical Co., Ltd.

Research and development activities, rising disposable income, eco-friendly plastic, and raw material availability are some macroeconomic factors that are affecting the market.

Chemical industry, cosmetics industry, furniture industry, and textile industry are considered major end-users of EAA and EMAA copolymer.

According to this Growth Market Reports report, the EAA and EMAA copolymer market is anticipated to register a CAGR of 3.6 % during the forecast period, 2022-2030, with an anticipated valuation of USD 2053.6 Million by the end of 2030.

The rising inclination of the population towards eco-friendly polymers to maintain the ecosystem and ban the use of non-biodegradable polymers in various nations, and increasing customer awareness regarding the non-poisonous properties of biodegradable polymers are expected to raise the demand for bio-based copolymer manufacturers.

Factors such as competitive strength and market positioning are key areas considered while selecting companies to be profiled.

Additional company profiles are provided on request. For a discussion related to the above findings, click Speak to Analyst