Middle East & Africa Ethylene Vinyl Acetate Market Size, Share, and COVID-19 Impact Analysis, By Type (Low-Density, Medium-Density, and High-Density), By Application (Solar Cell Encapsulation, Film Manufacturing, Wire & Cable, Adhesives & Sealants, Coatings, Plasters and Cement Renders, and Others), By End User (Pharmaceutical, Packaging, Building & Construction, Agriculture, Footwear, and Others) and Middle East & Africa Ethylene Vinyl Acetate Market Insights, Industry Trends, Forecast to 2035

Middle East & Africa Ethylene Vinyl Acetate Market Size Insights Forecasts to 2035

• The Middle East & Africa Ethylene Vinyl Acetate Market Size Was Estimated at 0.38 Million Tonnes in 2024
• The Market Size is Expected to Grow at a CAGR of Around 4.72% from 2025 to 2035
• The Middle East & Africa Ethylene Vinyl Acetate Market Size is Expected to Reach 0.631 Million Tonnes by 2035

According to a research report published by Spherical Insights & Consulting, The Middle East & Africa Ethylene Vinyl Acetate Market Size is Anticipated to Reach 0.631 Million Tonnes by 2035, Growing at a CAGR of 4.72% from 2025 to 2035. The market is driven by the growing demand for Ethylene Vinyl Acetate (EVA) in the Middle East, and Africa can be attributed to the rising demand for the chemical in the footwear industry. With the growing population and per capita income, the demand for comfortable and expensive footwear products has increased.

Market Overview

The Middle East & Africa Ethylene Vinyl Acetate Market is experiencing consistent growth because the construction sector, packaging industry and solar energy field drive its demand. The thermoplastic copolymer Ethylene Vinyl Acetate (EVA) provides materials with enhanced toughness and flexible crack-resistance properties. The applications of Ethylene Vinyl Acetate copolymers extend to multiple industries, which include solar cell encapsulation and film production, wires and cables, adhesives, sealants, coatings and redispersible polymer powder used in plasters and cement renders.

Braskem S.A., the top biopolymer producer worldwide, and FKuR Kunststoff GmbH, which specializes in bioplastics, have extended their distribution agreement to now include additional products from the I’m green bio-based portfolio.

Hanwha Chemical CEO Chang-bum Kim announced that International Polymers Co. of Saudi Arabia finished pilot production and started full-scale commercial manufacturing operations. The $800 million IPC joint venture operates with Hanwha Chemical maintaining 25% ownership and Saudi International Petrochemical Co. holding 75% ownership. The local governments are enforcing regulations that require increased solar capacity, which leads to greater market demand for high-VA EVA encapsulant films. The regional manufacturing facilities implement AI and automation technologies to improve their production efficiency and quality assurance processes.

Report Coverage

This research report categorises the Middle East & Africa Ethylene Vinyl Acetate Market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Middle East & Africa ethylene vinyl acetate market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Middle East & Africa ethylene vinyl acetate market.

Driving Factors

The ethylene vinyl acetate market in Middle East & Africa is driven by the popularity of lightweight shoes that provide comfort, which has increased throughout the world. The shock-absorbing and flexible characteristics of EVA make it the preferred material used in shoe midsoles. The rising urban population, with the increasing online shopping market, has created a greater need for flexible packaging films and hot-melt adhesives, which use EVA due to its strong and transparent properties. The growing adoption of greenhouse films together with agricultural mulch in North Africa creates demand for specialized EVA grades that provide both thermal stability and durability.

Restraining Factors

The ethylene vinyl acetate market in Middle East & Africa is restrained by crude oil price movements, which create direct effects on petrochemical feedstocks, creating obstacles for producers to establish their long-term operational plans. The solar energy industry, which experiences rapid growth, has found that polyolefin elastomers (POE) and multi-layered encapsulants serve as better options because of their enhanced moisture protection and reduced deterioration rates.

Market Segmentation

The Middle East & Africa ethylene vinyl acetate market share is categorised into type, application, and end user.

• The high-density segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.  

The Middle East & Africa Ethylene Vinyl Acetate Market is segmented by type into low-density, medium-density, and high-density. Among these, the high-density segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is driven by the material, which has stronger strength, greater stiffness and better thermal stability than its competitors. The material has these characteristics, which make it the most suitable grade for solar photovoltaic encapsulants, long-lasting foams, multilayer packaging and industrial products that need exceptional performance. The solar photovoltaic sector is the largest demand center for high-density EVA, as it delivers strong cross-linking capability, UV resistance, and long-term reliability in module lamination.

• The solar cell encapsulation segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.   

Based on application, the Middle East & Africa Ethylene Vinyl Acetate Market is segmented into solar cell encapsulation, film manufacturing, wire & cable, adhesives & sealants, coatings, plasters and cement renders, and others. Among these, the solar cell encapsulation segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growth of the segment is driven by the demand for renewable energy solutions has increased. The application uses EVA because it provides excellent optical performance and weather protection capabilities which are necessary to improve the lifespan and performance of photovoltaic modules.

• The packaging segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.  

The Middle East & Africa Ethylene Vinyl Acetate Market is segmented by end user into pharmaceutical, packaging, building & construction, agriculture, footwear, and others. Among these, the packaging segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is driven by the resin, which shows extensive usage for food packaging, consumer goods and e-commerce shipping. The resin became the leading option because its sealing abilities, flexible design, and temperature resistance features made it the top choice for manufacturers who wanted to improve product shelf life and presentation.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Middle East & Africa Ethylene Vinyl Acetate Market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ExxonMobil Corporation
• Dow Inc.
• SIPCHEM
• Formosa Plastics Corporation
• Hanwha Total Petrochemical
• LG Chem Ltd.
• Braskem
• SABIC
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Middle East & Africa, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Middle East & Africa Ethylene Vinyl Acetate Market based on the below-mentioned segments:

Middle East & Africa Ethylene Vinyl Acetate Market, By Type

• Low Density
• Medium Density
• High Density

Middle East & Africa Ethylene Vinyl Acetate Market, By Application

• Solar Cell Encapsulation
• Film Manufacturing
• Wire & Cable
• Adhesives & Sealants
• Coatings
• Plasters and Cement Renders
• Others

Middle East & Africa Ethylene Vinyl Acetate Market, By End User

• Pharmaceutical
• Packaging
• Building & Construction
• Agriculture
• Footwear
• Others