- The key vendors in the Global EVA Market 2014-2018 are China Petroleum and Chemical Corp. (Sinopec), E.I. du Pont de Nemours & Co., ENI S.P.A., ExxonMobil Chemical Corp. and LyondellBasell Industries NV.
London, 30 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global EVA Market 2014-2018. One key trend upcoming in the market is advances in technology. Technological innovations are expected to increase the market penetration of EVA and make it suitable for numerous applications.
EVA is formed by the copolymerization of ethylene and vinyl acetate. It has excellent toughness properties. When it is forged into a porous material, it becomes similar to rubber because of its elastic property. This material has various properties, such as low-temperature toughness, stress-crack resistant, resistance to ultraviolet radiation, good barrier properties, and hot-melt adhesive waterproof properties.
“By forming strategic alliances with feedstock and raw material suppliers, vendors are able to maintain continuous manufacturing and processing demand,” says Faisal Ghaus, Vice President of TechNavio Research.
The manufacturers form joint ventures as these relationships help to improve market conditions. Moreover, manufacturers are investing in R&D to innovate products that provide varied functionality.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
