Global Silage Market by Region, Value
| Label | North America | Europe | Asia-Pacific | Latin America | Middle East & Africa |
|---|---|---|---|---|---|
| 2019 | 235.09 USD Mn | 318.3 USD Mn | 992.2 USD Mn | 78.64 USD Mn | 110.07 USD Mn |
| 2020 | 241.8 USD Mn | 328.4 USD Mn | 1034.84 USD Mn | 81.85 USD Mn | 113.49 USD Mn |
| 2021 | 249.28 USD Mn | 339.64 USD Mn | 1081.92 USD Mn | 85.4 USD Mn | 117.29 USD Mn |
| 2022 | 258.65 USD Mn | 353.54 USD Mn | 1138.53 USD Mn | 89.68 USD Mn | 122.01 USD Mn |
| 2023 | 270.64 USD Mn | 371.16 USD Mn | 1208.37 USD Mn | 94.99 USD Mn | 128 USD Mn |
| 2024 | 281.56 USD Mn | 387.42 USD Mn | 1275.21 USD Mn | 100.04 USD Mn | 133.51 USD Mn |
| 2025 | 295.57 USD Mn | 408.09 USD Mn | 1358.08 USD Mn | 106.32 USD Mn | 140.54 USD Mn |
| 2026 | 310.68 USD Mn | 430.44 USD Mn | 1448.35 USD Mn | 113.16 USD Mn | 148.13 USD Mn |
| 2027 | 328.39 USD Mn | 456.59 USD Mn | 1553.43 USD Mn | 121.13 USD Mn | 157.02 USD Mn |
| 2028 | 346.2 USD Mn | 483.09 USD Mn | 1661.93 USD Mn | 129.33 USD Mn | 166.02 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The vinyl Acetate (EVA) Market by Region, Value portion of the Global Ethylene market is on a steady long-term growth path. Segment value stands at roughly USD 2451 Mn in 2026 and is projected to reach USD 2787 Mn by 2028 — a gain of about 14% over the forecast period, translating to a CAGR in the mid-single digits.
- 2028: Asia-Pacific accounts for 60% of the combined USD total across these 5 groups, the largest single share.
- What the regional split looks like (2026): Asia-Pacific leads, holding roughly 59% of segment value — the single largest regional share. Europe is the second-largest contributor. North America, Middle East & Africa and Latin America make up the remainder, in descending order.
- By 2028, Asia-Pacific alone is expected to reach USD 1662 Mn, with Europe at USD 483 Mn.
Market Dynamics
2028: Asia-Pacific accounts for 60% of the combined USD total across these 5 groups, the largest single share.
Europe follows at 483.09M USD, 71% smaller than Asia-Pacific.
Asia-Pacific: up 67% over the period, 992.20M USD to 1.66B USD.
Europe: 318.30M USD to 483.09M USD, 52% higher by 2028.
North America: 235.09M USD in 2019 to 346.20M USD by 2028, up 47%.
Middle East & Africa grows to 166.02M USD by 2028, from 110.07M USD in 2019 — 51% up.
Latin America climbs from 78.64M USD (2019) to 129.33M USD (2028), a 64% gain.
Add every series together and the total reaches 2.79B USD by 2028, 61% above the 2019 combined figure of 1.73B USD.
Reading This As A Comparison
With 5 series on one chart, the shape that matters is how the ranking shifts over time, not just where each line starts or ends.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
Treat these values as a directional estimate of the Global Ethylene-vinyl Acetate (EVA) market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
Figures before the 2018 base year are historical estimates; the years through 2028 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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