Thailand Ethylene Vinyl Acetate (EVA) Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Grade, Application, End Use, Region-Wise Demand, Import & Export, 2015-2030
Thailand's EVA demand stood at 84.91 Thousand Tonnes in 2020 and is forecast to reach 144.42 Thousand Tonnes by 2030, growing at a healthy CAGR of 5.62% until 2030. Ethyl vinyl acetate has detailed application in the footwear industry, packaging industry, and food and beverage industry. The surge in EVA demands from these industries may support future market growth. The market also receives the demand from the tourism sector of the country. The country draws its major income through tourism and tourist expenditures. Tourists often demand packaged foods and that would require ethylene vinyl acetate films for the packaging. Thus, supporting the Thailand ethylene-vinyl acetate market growth in future forecast years. The outbreak of COVID-19 in 2020 disrupted the economy. Tourism came to a halt the country suffered a huge setback in terms of economy. The market growth was affected drastically, and production units shut down. Furthermore, the major market players intentionally halted the production keeping their employees’ health and wellness in mind. With imposed new regulations of the COVID-19 and proper precautions, the market is anticipated to regain its growth in the years to come. Once the market regains the full function of its production unit, the market is bound to show robust growth in the forecast period. Potential investment in the market is expecting steady growth in the market in the forecast period, until 2030.
Under this subscription, you would be able to access Thailand Ethylene Vinyl Acetate (EVA) market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Ethylene Vinyl Acetate (EVA).
Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook