Global Polyvinyl Alcohol (PVA) Market, By Grade (Fully Hydrolyzed, Partially Hydrolyzed, Sub-partially Hydrolyzed, Low Foaming Grades, Others), Application (Papermaking and Processing, Building and Construction, Electronics, Textile, Medical, Personal Care, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Polyvinyl Alcohol (PVA) Market
Polyvinyl alcohol (PVA) market size is expected to grow at a compound annual growth rate of 5.54% for the forecast period of 2021 to 2028. Data Bridge Market Research report on polyvinyl alcohol (PVA) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Polyvinyl alcohol (PVA) is a type of a colorless, hydrophilic water-soluble synthetic polymer and has efficient adhesive properties and film-forming. It is made by polymerization of vinyl acetate monomer followed by hydrolysis. Polyvinyl alcohol has its application in the various end-user industries such as paper, food packaging and textiles among others.
The rise in the need for bio-based PVA products is expected to influence the growth of the polyvinyl alcohol (PVA) market. In line with this, the rapid increase in usage of packaging in the food industry and rise in the usage in the construction industry materials are also anticipated to act as key determinants favoring the growth of the polyvinyl alcohol (PVA) market over the forecast period of 2021 to 2028. Also the, rapid industrialization and rise in the innovation in the packaging industry are also expected to positively impact the growth of the polyvinyl alcohol (PVA) market. The major factor accountable for the growth of the market is the rise in the awareness regarding the advantageous polyvinyl alcohol properties and rise in the application of PVA in the electronics industry.
However, the volatile raw material prices and are likely to act as key restraints towards polyvinyl alcohol (PVA) market growth rate in the forecast period of 2021 to 2028, whereas the strict and time consuming regulatory policies can challenge the growth of the polyvinyl alcohol (PVA) market in the above mentioned forecast period.
Furthermore, the rise in the electronics sector for manufacturing devices and increase in usage in the construction industry materials are expected to offer a variety of growth opportunities for the polyvinyl alcohol (PVA) market in the above mentioned forecast period.
This polyvinyl alcohol (PVA) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polyvinyl alcohol (PVA) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyvinyl Alcohol (PVA) Market Scope and Market Size
Polyvinyl alcohol (PVA) market is segmented on the basis of grade and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of grade, the polyvinyl alcohol (PVA) market is segmented into fully hydrolyzed, partially hydrolyzed, sub-partially hydrolyzed, low foaming grades and others.
- The application segment for polyvinyl alcohol (PVA) market is segmented into papermaking and processing, building and construction, electronics, textile, medical, personal care and others. Papermaking and processing has further been segmented into surface sizing agent, pigment binding agent and paper addictive. Building and construction has further been segmented into caulks and sealants, joint compounds and redispersible powders. Electronics have further been segmented into flat-screen TVs, computers, mobile phones and others. Textile has further been segmented into geo-textiles, consumer textiles and industrial textiles. Medical has further been segmented into tablet coatings and eye drops. Personal care has further been segmented into hair care, skin care and color cosmetics.
Polyvinyl Alcohol (PVA) Market Country Level Analysis
Polyvinyl alcohol (PVA) market is analyzed and market size, volume information is provided by country, grade and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the polyvinyl alcohol (PVA) market because of the high demand for the product as a polymerization aid and high demand for bio-based PVA products. Middle East and Africa is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to the increase in the packaging industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyvinyl Alcohol (PVA) Market Share Analysis
Polyvinyl alcohol (PVA) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyvinyl alcohol (PVA) market.
The major players covered in the polyvinyl alcohol (PVA) market report are Merck KGaA, OCI COMPANY Ltd., SEKISUI CHEMICAL CO., LTD., Kuraray Europe GmbH, Chang Chun Group, JAPAN VAM & POVAL CO., LTD., DuPont, China Petrochemical Corporation, Mitsubishi Chemical Corporation, SNP, Inc., Solvay, Eastman Chemical Company, AICELLO CORPORATION, Cortec Corporation, ECOMAVI S.r.l., Spectrum Chemical Manufacturing Corp., Akshar Enterprises, Ottokemi, and BASF SE among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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