Polyvinyl Alcohol Films Market : Global Industry Analysis and Forecast 2027
Polyvinyl Alcohol (PVA) Films Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2027, at a 4.7% CAGR during a forecast period.
Polyvinyl alcohol is an artificial polymer, which is well recognized for its superior film-forming, adhesive nature and emulsifying. It is also greatly soluble in water, has high resistance to various solvents, oils and grease. It acts as a superb aroma and oxygen deterrent, has high flexibility and tensile strength. As such, it is utilized as a raw material for several industrial processes and has many application in the biomedical and pharmaceutical industries as well. Also, PVA films are a variety of biodegradable films that are solvable in water but are extremely resilient to most other oils, greases and solvents.
The scope of the report includes a comprehensive study of global as well as regional markets for Polyvinyl Alcohol Films with the rationales given for variants in the growth of the industry in certain regions.
The rising worries about health threats from waste discarding of product packaging have given increase to the necessity of biodegradable packaging solutions. This has eventually given a drive to the PVA films market. Besides that, the rigorous government regulations limiting the use of certain packaging materials has switched many packaging industries towards polyvinyl alcohol films. Consumer alertness regarding cleaning and upholding a hygienic atmosphere in their surrounding has led to the rise in the usage of detergents. Agrochemicals like fertilizers, insecticides, pesticides and other related chemicals has beheld a rise in their utilization because of the demand of high yield in agricultural sector. The growth in hospitality industry like hotels, amphitheaters, entertainment industry and resorts has contributed further in the detergents market by their day today use. Prompt industrialization along with the need of a healthy environment of working has amplified the demand of detergents concurrently. Additionally, agrochemical packaging and detergents sector has XX% share in terms of volume in PVA films market.
Thus, vigorous growth of these sectors delivers a positive outlook of PVA films market size. The increase in global population, rise in disposable income and consumer power equality of people has resulted in enhanced standard of living of people. This in turn has prorogued people to accept the services of laundry in their day today life. The demand of PVA films is rising in the field of embroidery for fortification and aesthetic appearance. It has become a conventional art that can be seen on paintings, attractive items, sarees etc. Similarly, several antiques are conserved using polyvinyl films, these all applications are contributing considerably in the global PVA films market. E-waste is another increasing concern, which has led to several health threats. These health risk issues have amplified the need for the utilization of biodegradable PVA films in electronics product. The booming market for electronic utensils and devices such as sunglasses, LCD panels, optical filters, laptops, has enhanced the PVA films market.
In Polyvinyl Alcohol (PVA) Films Market report, the Grade segment comprises Fully Hydrolyzed, Partially Hydrolyzed, Sub-partially Hydrolyzed, Low Foaming Grades and Others. The Fully Hydrolyzed provides to the largest market size in 2018 and is expected to have a CAGR of XX% in the forecast period due to the Fully Hydrolyzed PVA is extensively used to manufacture PVA Films. It is widely used in several application, because of its excellent flexibility and high tensile strength. The End User segment is comprises Food Packaging, Paper Manufacturing, Construction, Electronics, Textile Manufacturing and Others. Food Packaging segment increasingly held the XX% share of the global market in 2018. Because of PVA is mainly used as a binding and coating agent. As a film coating agent, it is used in application, where moisture barrier or protection properties are required.
Based on regional segment, the Polyvinyl Alcohol Films Market is sub-segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific led the market in 2018, In terms of value. The region is anticipated to lead the market in the forecast period. The market in Asia Pacific is anticipated to increase promptly throughout the projection period. In the Asia-Pacific region, China is the major market for PVA films. China positions the top in the global textile manufacturing industry. The Chinese food packaging industry is anticipated to accounts for a significant growth, due to the increasing awareness of health and wellness, growing middle-class population, and increasing buying power among consumers. North America is a developed region of the market.
The market in the region is expected to increase at a reasonable pace, because of the existence of key manufacturers. Europe is a well-recognized region of the Polyvinyl Alcohol (PVA) Films Market because of the implementation of advanced techniques of farming in the region. The market in Latin America is anticipated to increase considerably during the projection period, led by the existence of emerging economies and growth of population in the region.
The report covers the market leaders, followers and new entrants in the industry with the market dynamics by region. It will also help to understand the position of each player in the market by region, by segment with their expansion plans, R&D expenditure and organic & in-organic growth strategies. Long term association, strategic alliances, supply chain agreement and M&A activities are covered in the report in detail from 2014 to 2019. Expected alliances and agreement in forecast period will give future course of action in the market to the readers. More than ten companies are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time.
The objective of the report is to present a comprehensive analysis of the Polyvinyl Alcohol (PVA) Films Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Polyvinyl Alcohol (PVA) Films Market dynamics, structure by analyzing the market segments and project the Polyvinyl Market size. Clear representation of competitive analysis of key players by application, price, financial position, product portfolio, growth strategies, and regional presence in the Polyvinyl Alcohol (PVA) Films Market make the report investor’s guide.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
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Scope of the Polyvinyl Alcohol (PVA) Films Market
Polyvinyl Alcohol (PVA) Films Market, By Grade
• Fully Hydrolyzed
• Partially Hydrolyzed
• Sub-partially Hydrolyzed
• Low Foaming Grades
Polyvinyl Alcohol (PVA) Films Market, By End User
• Food Packaging
• Paper Manufacturing
• Textile Manufacturing
Polyvinyl Alcohol (PVA) Films Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Polyvinyl Alcohol (PVA) Films Market
• Kuraray Co. Ltd.
• Sekisui Specialty Chemicals
• Arrow Coated Products Ltd.
• Cortec Corporation
• Jiangmen Proudly Water-Soluble Plastic Co., Ltd.
• AMC (UK) Ltd.
• Changzhou Water Soluble Co. Ltd.
• MonoSol, LLC
• Nippon Gohsei
• Aicello Chemical Co. Ltd.
• Biodegradable Products Institute Inc.
• Shanghai Yuking Water Soluble Material Tech Co., Ltd.
• Sigma-Aldrich Co.
• Anhui Wanwei Group
• BASF SE
• CARST & WALKER (SA)
• JAPAN VAM & POVAL Co. Ltd.
• Polychem Limited
• Polysciences, Inc.
• Spectrum Chemical Manufacturing Corp.
• Weifang Huawei New Materials Technology Co., Ltd.
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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