The global Polyvinyl Alcohol (PVA) market size reached USD 998.21 million in 2022 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Rising demand for PVA in the packaging industry is a major factor contributing to revenue growth of the market. Polyvinyl Alcohol (PVA) has high strength, transparency, and water-solubility which make it suitable for use in various packaging applications such as food packaging, medical pharmaceutical packaging, and eco-friendly packaging. Many Fast-Moving Consumer Goods (FMCG) companies are significantly procuring Polyvinyl Alcohol (PVA) for packaging food and beverage products. Consumer awareness regarding sustainable product packaging further accelerates revenue growth of the market. In April 2022, Shiseido, a Japanese multinational cosmetics firm, adopted environmentally friendly and sustainable product packaging for consumers. Shiseido has used Polyvinyl Alcohol (PVA), starch, and glycerin in its eco-friendly clear bag packaging. These innovative product development tactics are increasing market expansion.
The market is poised to reach a valuation of USD XX million by 2027. The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic. This report comprehensively analyzes the impact of the pandemic on the Polyvinyl Alcohol market and its major segments. Additionally, the report also includes an analysis of the current and future impact of the pandemic on market growth.
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Key Players operating in the industry are:
BASF SE, Dow Chemical Company, Mitsubishi Chemical Corporation, LyondellBasell Industries Holdings B.V., Merck KGaA, Nouryon Chemicals Holding B.V., Kuraray Europe GmbH, Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Sekisui Specialty Chemicals America, LLC, Hanwha Solutions Chemical Division Corporation, Liwei Chemical Co. Ltd, SNP, Inc. and among others
Radical Features of the Polyvinyl Alcohol Market Report:
- The report encompasses Polyvinyl Alcohol market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Polyvinyl Alcohol industry
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Segmentation:
-
Grade Outlook (Revenue, USD Million; 2019-2032)
- Partially hydrolyzed
- Fully hydrolyzed
-
Application Outlook (Revenue, USD Million; 2019-2032)
- Food packaging
- Detergent Packaging
- Agrochemical packaging
- Laundry bags
- Embroidery
- Others
-
End-Use Outlook (Revenue, USD Million; 2019-2032)
- Packaging
- Textile
- Paper and Pulp
- Pharma and Medical
- Adhesives
- Construction
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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