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EVA prices high in Mumbai market


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The Mumbai market has recorded an Increase in the prices of EVA (18%) today after a period of stability. With a growth of Rs.1/kg, the new introductory rate now stands at Rs.123/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 Mumbai 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, Indian EVA Prices, Indian Prices EVA, Indianpetrochem, EVA Prices In India, Indian Price EVA, Indian Price EVA.
#IndianEVAprices #IndianpricesEVA #Indianpetrochem #EVApricesinindia #IndianpriceEVA #IndianpriceEVA

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Target State: All States
Target City : Delhi, Ahamdabad and Mumbai
Last Update : 02 May 2025 4:31 PM
Number of Views: 19
Item  Owner  : indianpetrochem
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