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EVA prices inch up in Chennai


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The Chennai market has recorded a minor increase in the prices of EVA (18%) today. With a hike of Re.1/kg, the new basic rate now stands at Re.135/kg. Globally, the EVA market is projected to grow at a compound annual growth rate (CAGR) of approximately 5.5% from 2024 to 2029, driven by its increasing use in renewable energy applications, particularly solar panel encapsulation. International producers like ExxonMobil, Dow, and LyondellBasell are focusing on innovation and capacity expansions to cater to evolving consumer demands. The price increase in the Chennai market underscores a balanced yet cautiously optimistic outlook for EVA producers, reflecting both domestic and global market dynamics. As of 2023, the global EVA market reached approximately 3 million tonnes and is projected to grow at a compound annual growth rate (CAGR) of 5.73% until 2035, EVA Prices In India, India EVA Price, Indian EVA Price, Indian Prices EVA, Indian Prices EVA, Indianpetrochem.
#EVApricesinindia #IndiaEVAprice #IndianEVAprice #IndianpricesEVA #IndianpricesEVA #Indianpetrochem.

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Target State: All States
Target City : Delhi, Ahamdabad and Mumbai
Last Update : 21 February 2025 8:06 PM
Number of Views: 33
Item  Owner  : indianpetrochem
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