Company News | 2021-08-20 09:21:27
The rising demand for ethylene-vinyl acetate in the packaging industry based on its flexibility and adhesion properties is primarily driving the market growth. Furthermore, ethylene-vinyl acetate is also utilized in the sports goods sector for padding and shock absorption in several types of equipment, including bicycle saddles, ski boots, hockey pads, boxing, and mixed-martial-arts gloves, etc. This, in turn, is propelling the product demand on a global level. Additionally, the increasing adoption of ethylene-vinyl acetate in the solar power industry for manufacturing photovoltaic modules is anticipated to fuel market growth in the coming years.
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