The global polyvinyl alcohol (PVA) market size reached US$ 1.0 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.4 Billion by 2027, exhibiting a CAGR of 5.77% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polyvinyl alcohol (PVA) refers to a water-soluble synthetic polymer. It is commercially produced through polyvinyl acetate and is commonly available in the forms of partially and fully hydrolyzed PVA. These variants exhibit high biodegradability and resistance to grease, oils and odors and are used for film forming and emulsifying. They are odorless, tasteless, translucent and are commonly used as a moisture barrier in pharmaceutical products, such as medicines and supplements. PVA is further used to manufacture paper and board coatings, water-soluble films, release liners and sacrificial coatings. As a result, it finds extensive applications in the paper industry, food packaging, construction, electronics, coatings, printing, textile and cosmetics.
Significant growth in the food and beverage industry across the globe, along with the increasing demand for biodegradable synthetic polymers for packaging solutions, represents one of the key factors creating a positive outlook for the market. PVA is extensively used as a binding and coating agent in food packaging materials, due to its non-toxic and moisture and air barrier properties. Furthermore, widespread adoption of PVA for the manufacturing of water-soluble and disposable packaging for detergents, dyes and agricultural products is also driving the market growth. It can also be turned into solid sheets, tapes or strings to create a mesh-type stocking for fishing and marine activities. Additionally, various product innovations, such as the development of PVA-based bio composite films, are acting as other major growth-inducing factors. These films have higher biodegradability, water absorption and filler loading capacities. Other factors, including rapid industrialization, especially in the developing economies, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Import Trends
Import Breakup by Country
Export Trends
Export Breakup by Country
Polyvinyl alcohol (PVA) refers to a water-soluble synthetic polymer. It is commercially produced through polyvinyl acetate and is commonly available in the forms of partially and fully hydrolyzed PVA. These variants exhibit high biodegradability and resistance to grease, oils and odors and are used for film forming and emulsifying. They are odorless, tasteless, translucent and are commonly used as a moisture barrier in pharmaceutical products, such as medicines and supplements. PVA is further used to manufacture paper and board coatings, water-soluble films, release liners and sacrificial coatings. As a result, it finds extensive applications in the paper industry, food packaging, construction, electronics, coatings, printing, textile and cosmetics.
Significant growth in the food and beverage industry across the globe, along with the increasing demand for biodegradable synthetic polymers for packaging solutions, represents one of the key factors creating a positive outlook for the market. PVA is extensively used as a binding and coating agent in food packaging materials, due to its non-toxic and moisture and air barrier properties. Furthermore, widespread adoption of PVA for the manufacturing of water-soluble and disposable packaging for detergents, dyes and agricultural products is also driving the market growth. It can also be turned into solid sheets, tapes or strings to create a mesh-type stocking for fishing and marine activities. Additionally, various product innovations, such as the development of PVA-based bio composite films, are acting as other major growth-inducing factors. These films have higher biodegradability, water absorption and filler loading capacities. Other factors, including rapid industrialization, especially in the developing economies, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global polyvinyl alcohol (PVA) market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on grade and end use industry.Breakup by Grade:
- Fully Hydrolyzed
- Partially Hydrolyzed
- Sub-Partially Hydrolyzed
- Low Foaming Grades
- Others
Breakup by End Use Industry:
- Paper
- Food Packaging
- Construction
- Electronics
- Others
Imports and Exports:
Import Trends
Import Breakup by Country
Export Trends
Export Breakup by Country
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Anhui Wanwei Group Co. Ltd., Celanese Corporation, Chang Chun Group, China Petroleum and Chemical Corporation (China Petrochemical Corporation), Japan Vam & Poval Co. Ltd. (Shin-Etsu Chemical), Kuraray Co. Ltd., Nippon Gohsei (UK) Limited (Mitsubishi Chemical Corporation), OCI Company Ltd., Sekisui Chemical Co. Ltd. and Solutia Inc. (Eastman Chemical Company).Key Questions Answered in This Report:
- How has the global polyvinyl alcohol (PVA) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polyvinyl alcohol (PVA) market?
- What are the key regional markets?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the end use industry?
- What are the import and export trends?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polyvinyl alcohol (PVA) market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global Polyvinyl Alcohol (PVA) Market
What is the estimated value of the Global Polyvinyl Alcohol (PVA) Market?
What is the growth rate of the Global Polyvinyl Alcohol (PVA) Market?
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| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | September 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 1 Billion |
| Forecasted Market Value ( USD | $ 1.4 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Polyvinyl Alcohol (PVA) Market
6 Market Breakup by Grade
7 Market Breakup by End Use Industry
8 Imports and Exports
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Anhui Wanwei Group Co. Ltd.
- Celanese Corporation
- Chang Chun Group
- China Petroleum and Chemical Corporation (China Petrochemical Corporation)
- Japan Vam & Poval Co. Ltd. (Shin-Etsu Chemical)
- Kuraray Co. Ltd.
- Nippon Gohsei (UK) Limited (Mitsubishi Chemical Corporation)
- OCI Company Ltd.
- Sekisui Chemical Co. Ltd.
- Solutia Inc. (Eastman Chemical Company).
Methodology
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