EVOH Resin for Packaging Film Market Summary
According to the new market research report “Global EVOH Resin for Packaging Film Market Report 2024-2030”, published by QYResearch, the global EVOH Resin for Packaging Film market size is projected to reach USD 1.51 billion by 2030, at a CAGR of 5.2% during the forecast period.
Figure. Global EVOH Resin for Packaging Film Market Size (US$ Million), 2019-2030
EVOH Resin for Packaging Film
Above data is based on report from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Figure. Global EVOH Resin for Packaging Film Top 4 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
EVOH Resin for Packaging Film
Above data is based on report from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of EVOH Resin for Packaging Film include Kuraray, Mitsubishi Chemical, etc. In 2023, the global top three players had a share approximately 97.0% in terms of revenue.
Figure. EVOH Resin for Packaging Film, Global Market Size, Split by Product Segment
EVOH Resin for Packaging Film
Based on or includes research from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030.
In terms of product type, currently Co-extrusion Cast Film is the largest segment, hold a share of 66.8%.
Figure. EVOH Resin for Packaging Film, Global Market Size, Split by Application Segment
EVOH Resin for Packaging Film
Based on or includes research from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030.
In terms of product application, currently Food is the largest segment, hold a share of 70.5%.
Figure. EVOH Resin for Packaging Film, Global Market Size, Split by Region
EVOH Resin for Packaging Film
Based on or includes research from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030.
Figure. EVOH Resin for Packaging Film, Global Market Size, Split by Region
EVOH Resin for Packaging Film
Based on or includes research from QYResearch: Global EVOH Resin for Packaging Film Market Report 2024-2030.

Market Drivers:
Driven by environmental policies and consumer demand, the EVOH industry is accelerating its transformation towards sustainable packaging materials. In the future, EVOH will be used more in biodegradable, recyclable and environmentally friendly packaging materials, especially in food and cosmetics packaging. Companies in the industry will need to continue to innovate to improve the environmental performance of the material while maintaining its high barrier properties and good processing properties to meet the market's stringent requirements for environmentally friendly packaging. This trend is expected to drive continued growth in the EVOH industry worldwide.
Economic growth and consumption upgrades in the Asian market are driving demand for EVOH materials, especially in the application of insulation boards for refrigerators and packaging materials. As market demand for high-performance packaging materials increases, the application of EVOH film in Asia will continue to expand. Kuraray expects to deploy EVOH in Singapore and start operations by the end of 2026, marking the first time Kuraray has produced this material in Southeast Asia. The new plant will have an initial capacity of 36,000 tons per year and a second phase capacity of 18,000 tons per year.
Legislative measures by the European Parliament and the Council will drive the EVOH industry towards green packaging materials. By increasing the use of recycled materials and enforcing reuse rules, EVOH will become a mainstream packaging material that meets environmental standards in the future, further enhancing its market competitiveness and breadth of application.
Restraint:
The production of EVOH depends on the supply of raw materials such as ethylene vinyl acetate (EVA), and the price fluctuations of these raw materials directly affect the production cost of EVOH. Since 2021, according to the force majeure notice issued by Mitsubishi Chemical Corporation of Japan, due to objective factors such as cold waves, steam supply shortages, equipment failures, limited raw material supply, and mechanical failures in the UK factory, its EVOH production supply has been restricted. Therefore, against the background of tight global supply, it has issued a number of price adjustment notices to increase the purchase price of EVOH. Global logistics issues, such as port congestion and freight increases caused by the Red Sea situation, have also exacerbated the uncertainty of raw material supply. In the Netherlands in particular, due to the dependence on imports of vinyl acetate monomer from the United States, the increase in import costs has posed a major challenge to production companies, which in turn has affected the market price and profit margin of the product.
Although the demand for packaging applications in the European and American markets usually grows in specific seasons, the current market price of EVOH remains low due to sufficient inventory and weak consumer demand. Inflationary pressures have further suppressed consumer purchasing power, while supply chain disruptions have prevented prices from rising. This market environment has slowed down the growth of EVOH orders in the food packaging sector, especially in the context of rising food inflation, and companies are facing increased sales pressure and risk of declining profits.
With the increasing focus on recyclable and sustainable materials around the world, EVOH faces fierce competition from other environmentally friendly materials. Buyers' interest is shifting to more environmentally friendly materials, which may lead to a gradual reduction in the market share of petrochemical-based EVOH in food packaging. In addition, increasingly stringent environmental regulations and changes in consumer preferences are also forcing the EVOH industry to accelerate its transformation towards a more sustainable development direction, otherwise it will face the risk of losing market share.
Opportunity:
As global environmental awareness increases, especially in Europe, policies and consumer demand are driving the demand for sustainable packaging materials. EVOH is gradually becoming an important choice for the packaging industry with its excellent barrier properties and environmental characteristics. Policies support the circular economy, require the increase of recycled materials in packaging, and reduce packaging waste, which provides broad development prospects for the application of EVOH materials in environmentally friendly packaging, especially in the fields of food and cosmetics packaging.
The booming North American cosmetics market, especially the rapid growth of high-end products, has brought important market opportunities for the application of EVOH materials. The cosmetics industry has high requirements for packaging materials, and EVOH can meet the needs of this market with its high barrier properties and good processability. With the increase in demand in the high-end market, it is expected that the application of EVOH in cosmetic packaging will continue to expand, which will promote the further development of the North American EVOH market.
The demand for EVOH film in the Asian market is growing steadily, especially in the application of insulation boards for refrigerators and packaging materials. With the rapid economic development and rising consumption levels in the Asian region, the market demand for high-performance packaging materials is increasing. The widespread application of EVOH film in the Asian market not only helps to increase the market share in the region, but also promotes the steady expansion of the EVOH industry worldwide, bringing long-term growth opportunities for enterprises.

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