| Product Code: ETC234385 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Ethylene Vinyl Acetate Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at -0.01% in 2025, it steadily loses momentum, ending at -0.05% by 2029.

Thailand's Ethylene Vinyl Acetate market is anticipated to experience a negative growth rate of -0.02% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Thailand ethylene vinyl acetate market is growing due to the increasing demand for EVA-based products in industries such as packaging, footwear, and automotive. The market is driven by the versatility and flexibility of EVA as a material.
The Thailand Ethylene Vinyl Acetate (EVA) market is witnessing growth due to its versatile applications across various industries. EVA is extensively used in the production of flexible packaging materials, solar encapsulants, and footwear. The growth of the packaging and renewable energy sectors in Thailand has driven the demand for EVA. Moreover, EVA`s compatibility with other polymers and its ability to enhance product properties make it a preferred material in the plastics industry.
The EVA market in Thailand faces challenges related to changing consumer preferences and regulatory requirements. Consumers are increasingly demanding products with lower VOC emissions and higher sustainability standards, which puts pressure on EVA manufacturers to adapt and innovate. Additionally, competition from alternative materials and fluctuating raw material prices can affect the market`s profitability.
With disruptions in global supply chains and a decline in consumer goods manufacturing, the Thailand Ethylene Vinyl Acetate Market faced challenges during COVID-19. EVA is a key material in various consumer products, including footwear and packaging materials. The market is gradually recovering as manufacturing activities regain momentum, but uncertainties still persist.
In the Thailand Ethylene Vinyl Acetate (EVA) market, several leading players have established themselves as key contributors to the industry`s growth. Companies like Thai Plastic and Chemicals Public Company Limited, SCG Chemicals, and Indorama Ventures Public Company Limited are at the forefront of EVA production and innovation in Thailand. Their extensive experience and investments in research and development have positioned them as major players in this market, catering to diverse sectors, including packaging, footwear, and automotive industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Ethylene Vinyl Acetate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ethylene Vinyl Acetate Market - Industry Life Cycle |
3.4 Thailand Ethylene Vinyl Acetate Market - Porter's Five Forces |
3.5 Thailand Ethylene Vinyl Acetate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Ethylene Vinyl Acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Ethylene Vinyl Acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly packaging solutions |
4.2.2 Increasing adoption of solar panels and photovoltaic modules |
4.2.3 Rising investments in infrastructure development projects in Thailand |
4.3 Market Restraints |
4.3.1 Volatile raw material prices |
4.3.2 Intense competition from substitute materials |
4.3.3 Regulatory challenges related to environmental concerns |
5 Thailand Ethylene Vinyl Acetate Market Trends |
6 Thailand Ethylene Vinyl Acetate Market, By Types |
6.1 Thailand Ethylene Vinyl Acetate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Low Density, 2021-2031F |
6.1.4 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Medium Density, 2021-2031F |
6.1.5 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By High Density, 2021-2031F |
6.2 Thailand Ethylene Vinyl Acetate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Films, 2021-2031F |
6.2.3 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.4 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Foams, 2021-2031F |
6.2.5 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Solar Cell Encapsulation, 2021-2031F |
6.2.6 Thailand Ethylene Vinyl Acetate Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Thailand Ethylene Vinyl Acetate Market Import-Export Trade Statistics |
7.1 Thailand Ethylene Vinyl Acetate Market Export to Major Countries |
7.2 Thailand Ethylene Vinyl Acetate Market Imports from Major Countries |
8 Thailand Ethylene Vinyl Acetate Market Key Performance Indicators |
8.1 Average selling price of ethylene vinyl acetate products |
8.2 Number of new applications utilizing ethylene vinyl acetate |
8.3 Percentage of recycled content in ethylene vinyl acetate products |
9 Thailand Ethylene Vinyl Acetate Market - Opportunity Assessment |
9.1 Thailand Ethylene Vinyl Acetate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Ethylene Vinyl Acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Ethylene Vinyl Acetate Market - Competitive Landscape |
10.1 Thailand Ethylene Vinyl Acetate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ethylene Vinyl Acetate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |