Chennai EVA breaks its calm with a sharp price jump (Business Opportunities - Advertising Service)

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Chennai EVA breaks its calm with a sharp price jump


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The Chennai market has reported an 18% jump in EVA prices today after a phase of stability, Rates have moved up by Re.1/kg, taking the latest level to Rs 131/kg. Traders attribute the rise to firmer buying interest and tighter supply sentiment. 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 focus on innovation and capacity expansions to cater to evolving consumer demands. The price rise 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, Indian EVA Prices, Indian Prices EVA, IndianPetrochem.
#EVApricesinIndia #IndianEVAprices #IndianPricesEVA #IndianPetrochem

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Target State: All States
Target City : Delhi
Last Update : Sep 09, 2025 11:36 AM
Number of Views: 40
Item  Owner  : Indianpetrochem
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2025-09-13 (0.474 sec)