Report Overview:
EVOH is a thermoplastic polymer renowned for its exceptional gas barrier properties, making it one of the three major barrier resins alongside PVDC and PAN. The material finds extensive applications in both food and non-food packaging sectors due to its ability to prevent oxygen permeation, thereby extending product shelf life.
The market growth is primarily driven by increasing environmental regulations, particularly in Europe, where circular economy policies favor sustainable packaging solutions. While food packaging remains the dominant application segment, the material is gaining traction in cosmetic packaging and automotive fuel tanks due to its superior performance characteristics. Asia-Pacific shows particularly strong growth potential, with China's packaging industry accounting for over 35% of regional EVOH consumption in 2023.
Market Value:
The global EVOH (Ethylene-Vinyl Alcohol Copolymer) market was valued at USD 1,345 million in 2023 and is projected to reach USD 1,706 million by 2030, exhibiting a CAGR of 4.3% during the forecast period. CAGR of 4.3%
(2024 – 2032)
By Applications:
Food Packaging Material
Household Wrapping Material
Automotive Gas Tanks
Pipes for Floor Heating Systems
Wall Coverings
Other
By Types:
• Ethylene Content (mol%) below 29
• Ethylene Content (mol%) 29-35
• Ethylene Content (mol%) 35-38
• Ethylene Content (mol%) 38-44
• Ethylene Content (mol%) above 44
Key players include:
• Kuraray Co., Ltd. (Japan)
• Mitsubishi Chemical Corporation (Japan)
• Chang Chun Petrochemical Co., Ltd. (Taiwan)
• Sinopec Corporation (China)
• Nippon Gohsei (Japan)
• SK Chemical Co., Ltd. (South Korea)
