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EVA prices low in Chennai market


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The Chennai market has recorded a decrease in the prices of EVA (18%) today after a period of stability. With a drop of Re.1/kg, the new introductory rate now stands at Rs126/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 cut 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 Indian, Indian EVA Prices, Indian Prices EVA, Indianpetrochem.
#EVApricesinIndian #IndianEVAprices #IndianPricesEVA #Indianpetrochem

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Target Nation: All Nations
Target City : delhi
Last Update : 13 June 2025 2:37 PM
Number of Views: 12
Item  Owner  : indianpetrochem
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2025-06-14 (0.334 sec)