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Home>High Demand from APAC to Boost the Ethylene Vinyl Acetate Market | Technavio

High Demand from APAC to Boost the Ethylene Vinyl Acetate Market | Technavio

High Demand from APAC to Boost the Ethylene Vinyl Acetate Market | Technavio

10/03/2017

High Demand from APAC to Boost the Ethylene Vinyl Acetate Market | Technavio

Technavio market research analysts forecast the global ethylene vinyl acetate market to grow at a CAGR of close to 4% during the forecast period, according to their latest report.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171003005910/en/

Technavio has published a new report on the global ethylene vinyl acetate market from 2017-2021. (Gr ...

Technavio has published a new report on the global ethylene vinyl acetate market from 2017-2021. (Graphic: Business Wire)

The market study covers the present scenario and growth prospects of the global ethylene vinyl acetate market for 2017-2021. The report also lists films, foams, and adhesives as the three major application segments, of which the films segment accounted for close to 40% of the market share in 2016.

According to Kshama Upadhyay, a lead analyst at Technavio for specialty chemicals research, “The demand for EVA copolymers is increasing in the packaging sector, especially in food and medical applications, because of their non-toxic nature. EVA sheets are used for encapsulating photovoltaic cells in solar panels. Increasing support by the government for the use of renewable energy sources, such as solar panels, drives market growth.”

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

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