United States 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
USA EVA demand stood at 357.73 Thousand Tonnes in 2020 and is forecast to reach 578.53 Thousand Tonnes by 2030, growing at a healthy CAGR of 4.64% until 2030.and the demand for Ethylene Vinyl Acetate (EVA) may increase further owing to increasing demand in the packaging industry. The demand for packaged goods increased in the food industry. Further rising growth in the Fast-moving Consumer Goods industry in the country is expected to increase the demand further. Also, the commercial and industrial sectors are planning to use solar energy to power the plants and machinery that is also anticipated to increase the demand for EVA in solar cell encapsulation. The USA is one of the major economies of the world and with the biggest healthcare industry and pharmaceutical industry the impact of COVID-19, influenced the market growth. COVID-19 pandemic had a severe impact on the market, in general, and disrupted the country’s economy. The manufacturing units were closed for a significant amount of time and disturbed the distribution channels. The rising threat of mass death convinced the government to maintain lockdown methods keeping the markets at a halt. The government is slowly controlling the consequences, and steadily market is regaining its composure. With a steady CAGR in the upcoming forecast years, the market may grow and present as a potential investment for the new market player that supports the market growth in the future.
Under this subscription, you would be able to access US 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
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