Global EVA market forecast to grow at 8.81% CAGR

17-Oct-14
The Global Ethylene Vinyl Acetate market (EVA) is set to grow at a CAGR of 8.81% over the period 2013-2018, as per ReportsnReports. Ethylene vinyl acetate (EVA) is formed by the copolymerization of ethylene and vinyl acetate. It has excellent toughness property. When EVA is forged into a porous material, it acts similar to rubber due to its elastic property. EVA when compared with low-density polyethylene (LDPE) is three times more flexible. This material has various properties, such as low-temperature toughness, stress-crack resistance, ultraviolet radiation resistance, good barrier properties, and hot-melt adhesive waterproof properties. Huge economic progress in the APAC region as one of the major global EVA market drivers, LDPE as a substitute for EVA as one of the many market challenges, technological innovations as trends and more such information is discussed at length in this research.
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