The global Ethylene Acrylic Acid (EAA) market size was valued at USD 1.25 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.62% from 2023 to 2031. The increasing demand for water-soluble polymers and thermoplastics is expected to drive the growth of the EAA market. Increasing applications in the medical, automotive, and packaging industries are also expected to contribute to the growth of the EAA market.
Global Ethylene Acrylic Acid (EAA) Market: Breakup by Region, 2022 & 2031
Source: Primary Research and Secondary Research Analysis
Ethylene Acrylic Acid (EAA) is a copolymer of acrylic acid and ethylene. It is used in the production of emulsions, adhesives, coatings, and other products. It is a water-soluble, thermoplastic polymer that is colourless and odourless. It offers excellent compatibility with other polymers, packaging, and additives. It is used as a thickening agent, binder, and dispersant in a variety of applications.
The market for Ethylene Acrylic Acid (EAA) is expected to grow significantly in the near future, primarily due to its increasing use in adhesives, coatings, and emulsions. The emergence of new applications for EAA has further boosted its demand, especially in the medical, automotive, and packaging industries. The growing demand for water-soluble polymers and thermoplastics is also driving the growth of the EAA market. Additionally, the growing demand for environmentally friendly products and the increasing focus on sustainability are expected to contribute to the growth of the EAA market.
Global Ethylene Acrylic Acid (EAA) Market Research Report, 2020-2031
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Global Ethylene Acrylic Acid (EAA) Market Research Report, 2020-2031
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