PVA Market Size & Share | Polyvinyl Alcohol Industry Opportunity and Forecast 2021-2026

Press Release:

Global Polyvinyl Alcohol (PVA) Market to Reach US$ 1164 Million by 2026, Spurred by Increasing Demand for Efficient Food Packaging Solutions

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Polyvinyl Alcohol (PVA) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global polyvinyl alcohol (PVA) market exhibited moderate growth during 2015-2020. 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. Looking forward, the global polyvinyl alcohol (PVA) market is expected to grow at a CAGR of around 4% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global polyvinyl alcohol (pva) market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, grade, end use industry and imports and exports.

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?