'Asia's consumers driving global ethylene vinyl acetate market'

摘要

The huge economic progress of countries across Asia is the primary driver for the continued growth of the global ethylene vinyl acetate (EVA) market, states a new report from business intelligence providers, GBI Research. The new report states that the continent's impressive manufacturing industry will be largely responsible for a predicted worldwide EVA demand increase - from 2011 's total of 2.2-mt to 2.97-mt in 2017, climbing at a CAGR of 4.4%. According to GBI Research, Asia was accountable for 49% of the global EVA demand in 2011, with the market driven primarily by China (with a 62% share of the continent's total), followed by Japan (16%) and South Korea (8%).