Global Polyvinyl Alcohol Films Market Size study & Forecast by Grade Type (Fully Hydrolyzed, Partially Hydrolyzed), by Application (Detergent Packaging, Medical & healthcare, Food Packaging, Agrochemical Packaging) and Regional Analysis 2023-2030

Description

List of Tables

Global Polyvinyl Alcohol Films Market is valued at approximately USD 404.34 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.10 % during the forecast period 2023-2030. Polyvinyl alcohol is an artificial polymer well-known for its superior film-forming, adhesive, and emulsifying qualities. PVA drives the market expansion owing to its highly soluble nature in water and good resistance to a variety of solvents, oils, and grease. Soaring demand in packaging industry for food products, general consumer products and exceptional aroma, oxygen-deterrent qualities also complement to the growth of market. Polyvinyl alcohol films offer a sustainable packaging option and hence provide companies to manufacture eco-friendly packaging solutions.

The need for biodegradable packaging solutions has increased due to growing concerns about health risks associated with product packaging trash disposal. This has ultimately stimulated the market for PVA films. According to Forbes, the packaging sector is expected to grow at a CAGR of 4.5% owing to increased demand for instant meals, fast food, and other consumable items in addition, several packaging firms have shifted to using polyvinyl alcohol films due to strict government laws restricting the use of specific packaging materials. water-soluble films can be used to make bags for detergents, agrochemicals, concrete additives, and laundry. The films are labelled as environmentally friendly packaging. The increasing expansion of washing machines in developing economies such as China and India is projected to provide increasing opportunities of PVA film demand in consumer detergent packaging applications. According to Statista, Global laundry and detergent market is growing at a CAGR of 3.33% with a current market value of USD 104 Billion. The market for polyvinyl alcohol films is hampered by a lack of heat resistance. PVA films are valued for their environmental friendliness and water solubility, they are vulnerable when exposed to high temperatures. This limitation limits their usefulness for applications requiring high-temperature resistance, such as packaging for hot-fill food goods, heat-sealing operations, or storage in high-thermal-stress settings.

The key regions considered for the Global Polyvinyl Alcohol Films Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa During the projection period, North America is anticipated to dominate its position as the largest regional market for PVA films. For water-soluble applications, the region is anticipated to develop at a moderate rate over the projection period. Regional market expansion is anticipated to be driven by rising detergent demand from a variety of end-use industries, including hospitals, dining establishments, lodging facilities, and residential sectors. Asia-Pacific is expected to be the fastest growing region due to rising demand for general consumable items such as Detergent, laundry materials, pharmaceuticals and packaged food. The region's exceptional manufacturing and government regulations have also significantly contributed to expansion throughout the anticipated period (2023-2030)

Major market player included in this report are:

Aicello Corp.
Arrow GreenTech Ltd.
Changzhou Water Soluble Co., Ltd
Kuraray Co., Ltd.
Cortec Corporation
Sekisui Chemical Co., Ltd
Nippon Synthetic Chemical Industry Co., Ltd.
Chang Chun Group
Mitsubishi Chemical Corporation
Spectrum Chemical Manufacturing Corp.

Recent Developments in the Market:

In August 2022, Sekisui Chemical Co., Ltd. declared that it increased its PVOH manufacturing capacity to accommodate the expanding demands. Sekisui Chemical Co., Ltd. is still dedicated to providing high-quality products to fulfil the needs of its clients, as evidenced by this expansion. As a result of this development, Sekisui's PVOH capacity could rise by 25%.
In February 2023, Mitsubishi Chemical Corporation announced that it has chosen to build a new facility at the Okayama Plant to increase the production capacity of specialist brands of polyvinyl alcohol resin (PVOH resin), such as GOHSENX and Nichigo G-Polymer. The building is expected to open for business in October 2024.

Global Polyvinyl Alcohol Films Market Market Report Scope:

Historical Data - 2022
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Grade Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Grade Type:

Fully Hydrolyzed
Partially Hydrolyzed

By Application:

Detergent Packaging
Medical & healthcare
Food Packaging
Polarizing plates
Agrochemical Packaging

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2023-2030 (USD Million)
- 1.2.1. Polyvinyl Alcohol Films Market, by Region, 2023-2030 (USD Million)
- 1.2.2. Polyvinyl Alcohol Films Market, by Grade Type, 2023-2030 (USD Million)
- 1.2.3. Polyvinyl Alcohol Films Market, by Application, 2023-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Polyvinyl Alcohol Films Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Polyvinyl Alcohol Films Market Dynamics

3.1. Polyvinyl Alcohol Films Market Impact Analysis (2023-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for packaging applications in various sectors
  - 3.1.1.2. Flexible packaging options which provide a lightweight nature and cost effectiveness
  - 3.1.1.3. Sustainable attributes of Polyvinyl Alcohol (PVA) Films
- 3.1.2. Market Challenges
  - 3.1.2.1. Limits in withstanding heat resistance capability
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising infrastructural and construction projects
  - 3.1.3.2. Increase in consumer awareness about sustainable packaging solutions

Chapter 4. Global Polyvinyl Alcohol Films Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Polyvinyl Alcohol Films Market, by Grade Type

5.1. Market Snapshot
5.2. Global Polyvinyl Alcohol Films Market by Grade Type, Performance - Potential Analysis
5.3. Global Polyvinyl Alcohol Films Market Estimates & Forecasts by Grade Type 2023-2030 (USD Million)
5.4. Polyvinyl Alcohol Films Market, Sub Segment Analysis
- 5.4.1. Fully Hydrolyzed
- 5.4.2. Partially Hydrolyzed

Chapter 6. Global Polyvinyl Alcohol Films Market, by Application

6.1. Market Snapshot
6.2. Global Polyvinyl Alcohol Films Market by Application, Performance - Potential Analysis
6.3. Global Polyvinyl Alcohol Films Market Estimates & Forecasts by Application 2023-2030 (USD Million)
6.4. Polyvinyl Alcohol Films Market, Sub Segment Analysis
- 6.4.1. Detergent Packaging
- 6.4.2. Medical & healthcare
- 6.4.3. Food Packaging
- 6.4.4. Polarizing plates
- 6.4.5. Agrochemical Packaging

Chapter 7. Global Polyvinyl Alcohol Films Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Polyvinyl Alcohol Films Market, Regional Market Snapshot
7.4. North America Polyvinyl Alcohol Films Market
- 7.4.1. U.S. Polyvinyl Alcohol Films Market
  - 7.4.1.1. Grade Type breakdown estimates & forecasts, 2023-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2023-2030
- 7.4.2. Canada Polyvinyl Alcohol Films Market
7.5. Europe Polyvinyl Alcohol Films Market Snapshot
- 7.5.1. U.K. Polyvinyl Alcohol Films Market
- 7.5.2. Germany Polyvinyl Alcohol Films Market
- 7.5.3. France Polyvinyl Alcohol Films Market
- 7.5.4. Spain Polyvinyl Alcohol Films Market
- 7.5.5. Italy Polyvinyl Alcohol Films Market
- 7.5.6. Rest of Europe Polyvinyl Alcohol Films Market
7.6. Asia-Pacific Polyvinyl Alcohol Films Market Snapshot
- 7.6.1. China Polyvinyl Alcohol Films Market
- 7.6.2. India Polyvinyl Alcohol Films Market
- 7.6.3. Japan Polyvinyl Alcohol Films Market
- 7.6.4. Australia Polyvinyl Alcohol Films Market
- 7.6.5. South Korea Polyvinyl Alcohol Films Market
- 7.6.6. Rest of Asia Pacific Polyvinyl Alcohol Films Market
7.7. Latin America Polyvinyl Alcohol Films Market Snapshot
- 7.7.1. Brazil Polyvinyl Alcohol Films Market
- 7.7.2. Mexico Polyvinyl Alcohol Films Market
7.8. Middle East & Africa Polyvinyl Alcohol Films Market
- 7.8.1. Saudi Arabia Polyvinyl Alcohol Films Market
- 7.8.2. South Africa Polyvinyl Alcohol Films Market
- 7.8.3. Rest of Middle East & Africa Polyvinyl Alcohol Films Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Kuraray Co., Ltd.
- 8.1.2. Sekisui Chemical Co.
- 8.1.3. Mitsubishi Chemical Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Aicello Corp.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Arrow GreenTech Ltd.
- 8.3.3. Changzhou Water Soluble Co., Ltd
- 8.3.4. Kuraray Co., Ltd.
- 8.3.5. Cortec Corporation
- 8.3.6. Sekisui Chemical Co., Ltd
- 8.3.7. Nippon Synthetic Chemical Industry Co., Ltd.
- 8.3.8. Chang Chun Group
- 8.3.9. Mitsubishi Chemical Corporation
- 8.3.10. Spectrum Chemical Manufacturing Corp

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Polyvinyl Alcohol Films Market, report scope
TABLE 2. Global Polyvinyl Alcohol Films Market estimates & forecasts by Region 2023-2030 (USD Million)
TABLE 3. Global Polyvinyl Alcohol Films Market estimates & forecasts by Grade Type 2023-2030 (USD Million)
TABLE 4. Global Polyvinyl Alcohol Films Market estimates & forecasts by Application 2023-2030 (USD Million)
TABLE 5. Global Polyvinyl Alcohol Films Market by segment, estimates & forecasts, 2023-2030 (USD Million)
TABLE 6. Global Polyvinyl Alcohol Films Market by region, estimates & forecasts, 2023-2030 (USD Million)
TABLE 7. Global Polyvinyl Alcohol Films Market by segment, estimates & forecasts, 2023-2030 (USD Million)
TABLE 8. Global Polyvinyl Alcohol Films Market by region, estimates & forecasts, 2023-2030 (USD Million)
TABLE 9. Global Polyvinyl Alcohol Films Market by segment, estimates & forecasts, 2023-2030 (USD Million)
TABLE 10. Global Polyvinyl Alcohol Films Market by region, estimates & forecasts, 2023-2030 (USD Million)
TABLE 11. Global Polyvinyl Alcohol Films Market by segment, estimates & forecasts, 2023-2030 (USD Million)
TABLE 12. Global Polyvinyl Alcohol Films Market by region, estimates & forecasts, 2023-2030 (USD Million)
TABLE 13. Global Polyvinyl Alcohol Films Market by segment, estimates & forecasts, 2023-2030 (USD Million)
TABLE 14. Global Polyvinyl Alcohol Films Market by region, estimates & forecasts, 2023-2030 (USD Million)
TABLE 15. U.S. Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 16. U.S. Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 17. U.S. Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 18. Canada Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 19. Canada Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 20. Canada Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 21. UK Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 22. UK Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 23. UK Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 24. Germany Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 25. Germany Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 26. Germany Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 27. France Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 28. France Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 29. France Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 30. Italy Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 31. Italy Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 32. Italy Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 33. Spain Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 34. Spain Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 35. Spain Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 36. RoE Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 37. RoE Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 38. RoE Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 39. China Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 40. China Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 41. China Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 42. India Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 43. India Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 44. India Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 45. Japan Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 46. Japan Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 47. Japan Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 48. South Korea Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 49. South Korea Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 50. South Korea Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 51. Australia Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 52. Australia Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 53. Australia Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 54. RoAPAC Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 55. RoAPAC Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 56. RoAPAC Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 57. Brazil Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 58. Brazil Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 59. Brazil Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 60. Mexico Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 61. Mexico Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 62. Mexico Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 63. RoLA Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 64. RoLA Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 65. RoLA Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 66. Saudi Arabia Polyvinyl Alcohol Films Market estimates & forecasts, 2023-2030 (USD Million)
TABLE 67. South Africa Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 68. RoMEA Polyvinyl Alcohol Films Market estimates & forecasts by segment 2023-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Polyvinyl Alcohol Films Market
TABLE 70. List of primary sources, used in the study of global Polyvinyl Alcohol Films Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Polyvinyl Alcohol Films Market, research methodology
FIG 2. Global Polyvinyl Alcohol Films Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Polyvinyl Alcohol Films Market, key trends 2023
FIG 5. Global Polyvinyl Alcohol Films Market, growth prospects 2023-2030
FIG 6. Global Polyvinyl Alcohol Films Market, porters 5 force model
FIG 7. Global Polyvinyl Alcohol Films Market, pest analysis
FIG 8. Global Polyvinyl Alcohol Films Market, value chain analysis
FIG 9. Global Polyvinyl Alcohol Films Market by segment, 2023 & 2030 (USD Million)
FIG 10. Global Polyvinyl Alcohol Films Market by segment, 2023 & 2030 (USD Million)
FIG 11. Global Polyvinyl Alcohol Films Market by segment, 2023 & 2030 (USD Million)
FIG 12. Global Polyvinyl Alcohol Films Market by segment, 2023 & 2030 (USD Million)
FIG 13. Global Polyvinyl Alcohol Films Market by segment, 2023 & 2030 (USD Million)
FIG 14. Global Polyvinyl Alcohol Films Market, regional snapshot 2023 & 2030
FIG 15. North America Polyvinyl Alcohol Films Market 2023 & 2030 (USD Million)
FIG 16. Europe Polyvinyl Alcohol Films Market 2023 & 2030 (USD Million)
FIG 17. Asia pacific Polyvinyl Alcohol Films Market 2023 & 2030 (USD Million)
FIG 18. Latin America Polyvinyl Alcohol Films Market 2023 & 2030 (USD Million)
FIG 19. Middle East & Africa Polyvinyl Alcohol Films Market 2023 & 2030 (USD Million)