Industries > Chemicals > Polyvinyl Alcohol (PVA) Market Report 2019-2029

Polyvinyl Alcohol (PVA) Market Report 2019-2029

Market and Volume Forecasts by End-Use (Paper, Food Packaging, Construction, Electronics, Textile and Others), by Grade (Partially Hydrolysed, Fully Hydrolysed, Sub-Partially Hydrolysed, Low Foaming Grades and Others (Tactified Grades, Fine Particle Grades)) with Regional and National Market Analysis and Financial Analysis of Leading Companies

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The Polyvinyl Alcohol (PVA) Market was valued at $941.5 million in 2018 and is expected to grow at a CAGR of 5.8% over the forecast period from 2019-2029. Growing consumption of bio-based PVA in various applications is expected to fuel the demand of overall market in coming years. PVA, a water-soluble synthetic polymer, has been the main component in formulating procedures in multiple end-use sectors including paper, food packaging, construction, coatings, electronics, printing, textiles, and cosmetics. Further, growing demand for sustainable packaging with increased stringent government regulations will enhance the market growth.

Food packaging holds the largest market share of more than 30% in polyvinyl alcohol market in 2018. Growing food and beverage industry especially in APAC region and rising consumption of biocompatible and nontoxic packaging solutions is expected to boost the PVA demand in food packaging segment.

APAC region has dominated the overall PVA market followed by North America and Europe. It is anticipated that increased demand for PVA from multiple end-use industries, primarily paper, will boost market growth. Further, supportive economic growth of China and India will also impact the market. In addition, increasing packaging innovation and increasing customer demand for characteristics such as safety, comfort, technology, and sustainability are anticipated over the forecast period to boost PVA demand.

Leading companies featured in the Polyvinyl Alcohol (PVA) Market Report 2019-2029 report include Celanese Corporation, Chang Chun Petrochemical Co., Ltd., DowDuPont, Eastman Chemical Company, Japan VAM & Poval Co., Ltd., Kuraray Co., Ltd., Nippon Synthetic Chemical Industry Co., Ltd., OCI Corporation, Sekisui Chemical Co., Ltd., Solutia, Inc. among others. Mergers, acquisitions, and joint ventures constitute some of the industry players’ common strategies for reducing product price overall and maintaining extremely competitive conditions. In order to guarantee continued raw material supplies and ease of installation services, many actors in the sector create alliances with raw material providers and third-party installers.

The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2019 to 2029. In addition, the report includes dedicated leading companies covering 10 leading polyvinyl alcohol (PVA) producers.

The report on the Polyvinyl Alcohol (PVA) Market Report 2019-2029 will appreciate anyone who wants to better understand the market in various end use industries. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the polyvinyl alcohol industry.

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