The Global EVA Foamed Material Market was valued at US$ 1,012 Million in 2025 and is projected to reach US$ 1,373 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period (2026–2034). This consistent growth is fueled by surging demand from the footwear industry, expanded applications in automotive interiors, and the accelerating shift towards sustainable and bio-based foam alternatives across consumer and industrial sectors.

As industries worldwide prioritize lightweighting, comfort, and environmental responsibility, the spotlight turns to the key material suppliers engineering the next generation of EVA foam. In this blog, we profile the Top 10 Companies in the EVA Foamed Material Industry—a diverse group of chemical giants, specialized foam manufacturers, and innovators shaping the future of this versatile material.

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🔟 1. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: High-performance EVA copolymer resins, Specialty foam compounds

DuPont is a leading global materials science company with a significant presence in the EVA market. Its advanced EVA grades are engineered for superior clarity, flexibility, and adhesion properties, serving demanding applications far beyond basic foam, including photovoltaic encapsulants and high-value specialty products.

Innovation & Sustainability Initiatives:

• Development of bio-based and recycled content EVA materials

• Focus on circular economy principles for material life cycles

• R&D investments in foam technologies for electric vehicle battery cushioning

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9️⃣ 2. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Escorene™ EVA copolymers, Broad range of VA content grades

ExxonMobil Chemical is a major producer of ethylene-vinyl acetate copolymers, supplying foundational resins to foam manufacturers worldwide. Its product portfolio supports a wide array of foam applications, from flexible packaging and hot-melt adhesives to footwear midsoles and sports equipment.

Innovation & Sustainability Initiatives:

• Advanced recycling technologies to process plastic waste into virgin-quality feedstocks

• Product development aimed at enhancing foam performance and processability

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8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Lupolen® V EVA copolymers, Ultramid® specialty polyamides for composites

BASF is a European powerhouse in the chemical industry, offering high-quality EVA grades known for their excellent processability and consistent quality. The company serves diverse markets, leveraging its vast R&D capabilities to develop tailored solutions for footwear, automotive, and construction applications.

Innovation & Sustainability Initiatives:

• ChemCycling™ project for producing EVA from chemically recycled plastic waste

• Commitment to CO2-neutral growth and sustainable product portfolios

Download FREE Sample Report: EVA Foamed Material Market – View in Detailed Research Report

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7️⃣ 4. Hanwha TotalEnergies Petrochemical

Headquarters: Seoul, South Korea
Key Offering: EVA resins for foaming, LDPE/EVA blends

This joint venture between Hanwha Solutions and TotalEnergies is a key supplier of petrochemical products in Asia. It produces a range of EVA copolymers that are critical feedstocks for foam manufacturers, particularly in the robust Asian footwear and packaging industries.

Innovation & Sustainability Initiatives:

• Investment in operational efficiency to reduce carbon footprint

• Exploration of bio-based feedstocks for polymer production

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6️⃣ 5. Braskem

Headquarters: São Paulo, Brazil
Key Offering: EVA resins, Green EVA from bio-ethylene

As the largest petrochemical company in the Americas, Braskem is a significant EVA resin producer. It holds a unique position with its “I’m green™” bio-based EVA, derived from sugarcane ethanol, offering a renewable alternative for environmentally conscious brands in footwear and packaging.

Innovation & Sustainability Initiatives:

• Pioneering bio-based EVA production at a commercial scale

• Commitment to carbon neutrality and the circular economy by 2050

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5️⃣ 6. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: EVA copolymers, Polyolefin foaming technologies

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies. Its EVA product lines are essential for producing lightweight, flexible foams used in sports shoes, automotive parts, and consumer goods, supported by a global production and supply network.

Innovation & Sustainability Initiatives:

• Circulen™ portfolio of circular and renewable-based polymers

• Advanced recycling projects to transform plastic waste into new feedstocks

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4️⃣ 7. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: EVA resin grades, Comprehensive petrochemical portfolio

Sinopec is a dominant force in Asia’s petrochemical sector and a leading supplier of EVA within China, the world’s largest footwear producer. Its extensive production capacity caters to the massive domestic demand for foam used in soles, padding, and industrial applications.

Innovation & Sustainability Initiatives:

• Significant R&D investments in polymer material science

• Focus on increasing the efficiency and environmental performance of production processes

Download FREE Sample Report: EVA Foamed Material Market – View in Detailed Research Report

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3️⃣ 8. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Evatane® EVA copolymers, Specialty polyamides

Arkema is a global specialty chemicals leader with a strong position in high-performance EVA polymers. Its Evatane® product range is recognized for quality and is used in technically demanding foam applications, including adhesives and advanced composites, beyond traditional foam sectors.

Innovation & Sustainability Initiatives:

• Ambitious sustainability targets, including bio-based product development

• Innovation in materials for lightweighting and energy efficiency

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2️⃣ 9. Westlake Corporation

Headquarters: Houston, Texas, USA
Key Offering: EVA resins, Vynathane® EVA products

Westlake is a major international producer and supplier of petrochemicals, polymers, and fabricated products. Its EVA resins are key components for foam manufacturers, serving sectors like construction (foam sheets for insulation), footwear, and flexible packaging.

Innovation & Sustainability Initiatives:

• Focus on product innovation to meet evolving market demands for durability and sustainability

• Operational initiatives to enhance environmental stewardship

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1️⃣ 10. LG Chem

Headquarters: Seoul, South Korea
Key Offering: EVA for foaming, Advanced battery materials

LG Chem is a leading Korean chemical company with a diverse product portfolio. Its EVA business supplies the vibrant Asian manufacturing ecosystem, particularly for footwear and automotive interior components. The company is also leveraging its material expertise in developing solutions for electric vehicle battery packs.

Innovation & Sustainability Initiatives:

• Heavy investment in R&D for sustainable materials, including bio-balanced products

• Strategic focus on high-growth areas like eco-friendly materials and electric vehicle components

Get Full Report Here: EVA Foamed Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of EVA Foam is Sustainable and High-Tech

The EVA foamed material market is undergoing a significant transformation. While conventional EVA continues to dominate volume, the industry is rapidly advancing towards eco-friendly formulations, performance-enhanced grades, and innovative manufacturing processes.

📈 Key Trends Shaping the Market:

• Accelerated adoption of recycled content and bio-based EVA to meet brand sustainability commitments

• R&D in advanced foaming technologies like supercritical foaming for ultra-lightweight, high-resilience foams

• Growing demand for customized foam solutions in medical orthotics, personalized footwear, and high-performance sports gear

• Expansion into new application areas such as EV battery padding, smart packaging, and advanced construction materials

Get Full Report Here: EVA Foamed Material Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they are at the forefront of innovating lighter, greener, and smarter foam solutions for a diverse and evolving global market.