Ethylene Copolymers Market Report 2025

The ethylene copolymers market size has grown strongly in recent years. It will grow from $52.97 billion in 2024 to $56.01 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to consumer electronics demand, construction and infrastructure use, sustainability initiatives, healthcare packaging needs, regulatory compliance and quality standards.

The ethylene copolymers market size is expected to see strong growth in the next few years. It will grow to $71.92 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rapid advancements in additive manufacturing, customization and high-performance requirements, automotive industry demand, rising demand from packaging industry. Major trends in the forecast period include strategic collaborations, sustainable packaging solutions, applications in construction and infrastructure.

The increasing adoption of waste packaging recycling is anticipated to drive the growth of the ethylene copolymers market in the future. Waste packaging recycling is a method of recovering waste materials, transforming them into new products, materials, or substances for their original uses or alternative applications. Packaging waste that contains polymers and other materials can be recycled through the pyrolysis process, where the waste is thermally broken down into fuels and chemicals. The rising acceptance of waste packaging recycling boosts the demand for ethylene copolymers due to their superior compatibility and ability to convert into high-yield recycled products. For example, in July 2024, a report from the National Environment Agency, a Singapore-based statutory board of the Singapore government, indicated that approximately 6.86 million tonnes of solid waste were generated, with 3.55 million tonnes recycled. Of this, waste from the non-domestic and domestic sectors amounted to 4.97 million tonnes and 1.89 million tonnes, respectively, in 2023.

The rising preference for sustainable packaging is expected to further propel the growth of the ethylene copolymers market. Sustainable packaging refers to any packaging that reduces environmental impact and minimizes the ecological footprint compared to less sustainable options. Ethylene copolymers are utilized in sustainable packaging due to their biodegradability and recyclability. Ethylene-vinyl acetate (EVA) is a copolymer commonly used in manufacturing packaging materials, such as food wrappers, reusable shopping bags, and other products. For instance, in April 2023, the Buying Green Report, a survey conducted by Trivium Packaging, a US-based provider of sustainable metal packaging, revealed that around 82% of 9,000 consumers surveyed were willing to pay more for sustainable packaging, while 59% sought information on the recyclability or sustainability of packaging. Consequently, the increasing preference for sustainable packaging is driving the growth of the ethylene copolymers market.

Technological innovations are emerging as a prominent trend in the ethylene copolymer market. Major players are dedicating their efforts to developing cutting-edge technologies to maintain their competitive edge in the ethylene copolymers sector. For example, in November 2022, Lummus Technology LLC, a US-based company that specializes in process technology development, introduced a new line of polymer-based products, Novolen pure polypropylene (PP) technology. Novolen Pure is a gas-phase polypropylene process used for producing ethylene copolymers. This process aims to provide significant energy savings by delivering an improved hydrogen response with the catalyst and introducing a new range of polymer-based products intended for automotive, healthcare, and food packaging applications.

Leading companies in the ethylene copolymer market are concentrating on the development of innovative products, such as EVOH (ethylene-vinyl alcohol copolymer) film, to deliver reliable services to their customers. EVOH film is a high-performance thermoplastic material that exhibits excellent barrier properties against gases, moisture, and odors. It is transparent, flexible, and possesses good heat-sealing capabilities, making it an ideal choice for food packaging applications. For instance, in September 2024, Dow-Mitsui Polychemicals, a joint venture based in Japan, launched biomass ethylene vinyl acetate (EVA) and biomass low-density polyethylene (LDPE). These products are created using the mass balance method and are designed to match the properties of conventional petroleum-derived materials. The launch aims to help reduce greenhouse gas emissions throughout the product lifecycle. The new products are marketed under the names EVAFLEX (for EVA) and MIRASON (for LDPE).

In May 2024, Arkema, a chemicals and advanced materials company based in France, acquired Dow’s flexible packaging laminating adhesives business, which has annual sales of approximately $250 million. This acquisition will strengthen Arkema’s presence in the packaging sector by incorporating Dow's well-known adhesive brands, including ADCOTE™ and MOR-FREE™. The deal encompasses production facilities located in Italy, the U.S., and Mexico. This acquisition is in line with Arkema’s strategy to grow in sustainable packaging and is anticipated to finalize in the fourth quarter of 2024. Dow is a prominent American multinational corporation that specializes in materials science, developing a wide range of products, including chemicals, plastics, and agricultural solutions, serving various sectors such as packaging, infrastructure, and consumer goods.

Major companies operating in the ethylene copolymers market are Dow Inc., Sipchem Company, Celanese Corporation, ExxonMobil Corporation, BASF SE, Wacker Chemie AG, Tosoh Corporation, Saudi Basic Industries Corporation, Repsol S.A., LyondellBasell Industries N.V., Mitsui Chemicals, Sumitomo Chemical Co. Ltd., DuPont de Nemours Inc., Arkema, Braskem, Chevron Phillips Chemical Company LLC, Formosa Plastics Corporation, Ineos Group Limited, Lotte Chemical Corporation, Reliance Industries Limited.

Asia-Pacific was the largest region in the global ethylene copolymers market in 2024. The regions covered in the ethylene copolymers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ethylene copolymers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ethylene copolymers are flexible materials created through the copolymerization of ethylene and propylene, often combined with other chemical compounds, known for their excellent resistance to ozone and voltage. These copolymers are extensively employed in hot-melt adhesives and sealants due to their cohesive mechanics and adhesive properties.

The primary variations of ethylene copolymers include ethylene vinyl acetate copolymers, ethylene acrylic ester copolymers, ethylene acrylic ester terpolymers, and ethylene vinyl acetate terpolymers. Ethylene vinyl acetate copolymers are clear, flammable liquids produced by combining ethylene and vinyl acetate monomers. They find diverse applications such as hot melt adhesives, modifications in asphalt, thermo-adhesive films, and various others. Industries benefiting from these copolymers range across automotive, packaging, building and construction, textiles, food and beverages, among others, owing to their versatile utility.

The ethylene copolymers market research report is one of a series of new reports that provides ethylene copolymers market statistics, including ethylene copolymers industry global market size, regional shares, competitors with an ethylene copolymers market share, detailed ethylene copolymers market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene copolymers industry. This ethylene copolymers 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.

The ethylene copolymers market consists of sales of copolymers made of ethylene and acrylic acid (EAA) and methacrylic acid (EMAA). 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.

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