DUBLIN--(BUSINESS WIRE)--The "Polyvinyl Alcohol (PVA) Market Analysis, By End-use (Paper, Food Packaging, Construction, Electronics), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global polyvinyl alcohol (PVA) market is expected to reach USD 1.21 billion by 2025.
Increasing need for bio-based PVA alcohol products is key growth factor to drive polyvinyl alcohol market growth. In addition, rising demand from Asia Pacific region is further propelling the demand over the forecast period.
PVA is a synthetic water-soluble polymer, widely used in the formulation processes in various end-use industries. Polyvinyl alcohol is mainly driven by the demand from the packaging industry, as it is a material with an excellent barrier to oxygen, water solubility, and biodegradable properties.
In terms of volume, food packaging accounted as the largest end-use segment in 2016 and is anticipated to continue its trends with a growth rate of 5.6% over the forecast period. Increasing need for biocompatible and non-toxic packaging solutions in food & beverage industry is expected to drive the growth. PVA is extensively used in food packaging industry owing to its advantageous properties such as good crosslinking density and moisture content.
The demand for PVA is expected to boost owing to the growth in various end-use industries in the Asia Pacific region. Different grades of polyvinyl alcohol are used in the papermaking process with high, intermediate and low viscosities. These grades can be either fully, partially or intermediately hydrolyzed in nature.
Further key findings from the report suggest:
- Construction segment will experience the fastest growth in terms of value at a CAGR of 7.9% from 2017 to 2025 on account of its various characteristics such as excellent degree of swelling, non-embrittlement, water resistance and waterproof. Furthermore, growing infrastructural development activities in emerging economies are expected to augment the growth over the forecast period.
- Food packaging emerged as the largest end-use segment in terms of volume in 2016 and is estimated to reach demand 525.4 kilo tons by 2025. Global PVA revenue in paper segment was USD 213.2 million in 2016 and is anticipated to experience steady growth over the years ahead
- The U.S. polyvinyl alcohol market in terms of volume was 172.8 kilo tons in 2016 and is estimated to reach a 276.7 kilo tons by 2025. The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the food packaging industry. In terms of revenue, the regional market is expected to grow at a CAGR of 6.8% from 2017 to 2025
- Key players including E. I. du Pont de Nemours and Company, Nippon Synthetic Chemical Industry Co., Eastman Chemical Company, and Sekisui Chemical Co. Ltd. dominated the global polyvinyl alcohol market
Key Topics Covered
1 Methodology and Scope
1.1 Research methodology
1.2 Research scope & assumptions
1.3 List of data sources
2 Executive Summary
2.1 Market snapshot
3 Polyvinyl Alcohol Market Variables, Trends, and Scope
3.1 Market segmentation and scope
3.2 Value chain analysis
3.3 Regulatory framework
3.4 Polyvinyl Alcohol market dynamics
3.5 Polyvinyl alcohol market- Porter's analysis
3.6 Polyvinyl alcohol market- PESTEL analysis
4 Polyvinyl Alcohol Market: End-use Estimates & Trend Analysis
4.1 End Use movement analysis & market share, 2016 & 2025
4.3 Food Packaging
5 Polyvinyl Alcohol Market: Regional Estimates & Trend Analysis
5.1 Regional movement analysis & market share, 2016 and 2025
5.2 Global polyvinyl alcohol market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.3 Global polyvinyl alcohol market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.4 North America
5.9 Asia Pacific
5.10 Asia Pacific polyvinyl alcohol market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.13 Central & South America
6 Competitive Landscape
6.1 Vendor landscape
6.2 Competitive environment
6.3 Company market positioning
6.4 Strategic Framework
7 Company Profiles
7.1 Eastman Chemical Company
7.2 E. I. du Pont de Nemours and Company
7.3 OCI Corporation
7.4 Celanese Corporation
7.5 Nippon Synthetic Chemical Industry Co., Ltd.
7.6 Solutia, Inc.
7.7 Sekisui Chemical Co., Ltd.
7.8 Chang Chun Petrochemical Co., Ltd.
7.9 Japan VAM & Poval Co., Ltd.
7.10 Kuraray Co., Ltd.
7.11 Sinopec Sichuan Vinylon Works
7.12 Anhui Wanwei Group Co., Ltd.
7.13 Merck KGaA
For more information about this report visit https://www.researchandmarkets.com/r/aq4jz3