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World Demand for Ethylene-Vinyl Acetate Is High

Source: Taiwantrade | Updated: 23 March 2011

According to estimates of research agencies, the global annual growth rate of solar energy installation in 2011 will be 31%. The demand for EVA in particular is between 11,700 tons and 12,600 tons. The demand for solar energy-specific EVA will especially increase 28,000 tons to 30,000 tons. Combining all levels and kinds of EVA, the demand for EVA this year altogether will grow 50,000 tons. Compared to the previous forecast of increase of only 40,000 tons, the supply is 20% short of the demand.

The demand from China and India remains high. Taiwanese companies in this area are all ready to raise production capacity and enter the market. For example, the EVA prospects of Formosa Plastics Corporation, USI Corporation, and Asia Polymer Corporation are all very promising.

Please click ethylene-vinyl acetate and solar energy for related products on Taiwantrade.

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