Polyvinyl Alcohol Market by Grade, Application

List of Tables

[190 Pages Report] The Polyvinyl Alcohol Market size was estimated at USD 3.58 billion in 2023 and expected to reach USD 3.78 billion in 2024, at a CAGR 5.92% to reach USD 5.36 billion by 2030.

Global Polyvinyl Alcohol Market

KEY MARKET STATISTICS
Base Year [2023]	USD 3.58 billion
Estimated Year [2024]	USD 3.78 billion
Forecast Year [2030]	USD 5.36 billion
CAGR (%)	5.92%

Polyvinyl alcohol (PVA, PVOH, or PVAl) is a versatile, water-soluble synthetic polymer with a wide range of applications across various industries. It exhibits superior adhesive, film-forming, and emulsifying properties, making it suitable for diverse uses in textiles, coatings, adhesives, packaging materials, and more. The chemical formula of PVOH is (C2H4O)n, and it is synthesized from the polymerization of vinyl acetate monomers through a two-step process involving hydrolysis or saponification. As a highly flexible and non-toxic material, PVOH has gained significant attention for its potential use in various packaging applications. Its biocompatibility and biodegradable nature are favorable features for these applications while also offering environmental benefits when compared to other non-degradable or hazardous polymers. The growth of the global polyvinyl alcohol market is driven by factors such as increasing demand for biodegradable packaging materials owing to environmental concerns and its widespread use in textile manufacturing. The expanding global construction sector also contributes to PVOH consumption through applications, including cement additives and protective coatings for building materials. Besides the positive factors, the market faces challenges attributed to price volatility of raw materials such as ethylene, compliance with growing environmental regulations on synthetic materials production, and competition from alternative sustainable polymers. However, emerging applications of PVOH in the biomedical sector, including drug delivery systems and tissue engineering scaffolds, nanotechnology for advanced sensors, or optoelectronic devices, are creating a stronger future landscape for the global polyvinyl alcohol market. Moreover, ongoing research activities focusing on environmentally friendly production methods that comply with regulations while contributing to sustainability goals and diversifying product portfolios with new grades or blends of PVOH catering to specific application requirements are generating lucrative opportunities for the use of polyvinyl alcohol.

Regional Insights

In the Americas, the polyvinyl alcohol market is growing steadily owing to the increasing adoption of PVOH products in several sectors, such as construction materials for residential and commercial projects. The region's strong economic stability and infrastructure development activities have resulted in a surge in demand for PVOH-based adhesives, sealants, and coatings. Additionally, stringent environmental regulations promote sustainable solutions within various industries, further boosting the demand for eco-friendly polymers of PVOH. As for EMEA, there has been a notable increase in the consumption of polyvinyl alcohol across various application segments attributed to its excellent properties, such as biodegradability, water solubility, and high tensile strength. Europe holds a significant share of this regional market owing to its well-developed automotive industry that utilizes PVOH-based coatings extensively for better performance and aesthetics. Furthermore, emerging economies from EMEA and Africa are witnessing rapid industrialization that is contributing substantially to increasing demand for polyvinyl alcohol products within their respective markets. This region also benefits from robust investments in R&D initiatives aimed at developing innovative applications of polyvinyl alcohol. Meanwhile, the APAC region represents considerable potential growth opportunities for global manufacturers looking to expand their presence into emerging markets, including China and India. These countries boast immense untapped potential owing to their rapidly growing population base combined with an increasingly urbanized landscape that demands new infrastructure development projects. Moreover, APAC's textile and paper industries are witnessing significant expansion, creating a higher demand for PVOH-based sizing agents and coatings. The food packaging segment is another key driver of growth in this region, as the need for sustainable packaging materials continues to rise in tandem with rapidly evolving consumer preferences.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Polyvinyl Alcohol Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Polyvinyl Alcohol Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Polyvinyl Alcohol Market, highlighting leading vendors and their innovative profiles. These include Akshar Chemical India Private Limited, Anhui Wanwei Group Co., Ltd., Astrra Chemicals, Chang Chun Group, China Petrochemical Corporation, Denka Co., Ltd., DUBI Chem Marine International, DuPont de Nemours, Inc, Henan GP Chemicals Co.,Ltd., Kemipex Group, Kuraray Co., Ltd., Merck KGaA, Mitsubishi Chemical Group Corporation, Ningxia Dadi Circulation Development Corp., OCI Co., Ltd., Otto Chemie Pvt. Ltd., Polysciences, Inc., Qingdao Easthony Inc, Sekisui Chemical Co., Ltd., Shin-Etsu Chemical Co., Ltd., SNP, Inc., Spectrum Chemical Mfg. Corp., Synthomer PLC, Vizag Chemical International, and Wacker Chemie AG.

Market Segmentation & Coverage

This research report categorizes the Polyvinyl Alcohol Market to forecast the revenues and analyze trends in each of the following sub-markets:

Grade
- Fully Hydrolyzed
- Partially Hydrolyzed
Application
- Adhesives & Sealants
- Building & Construction
- Medical & Personal Care
- Textile
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Polyvinyl Alcohol Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Polyvinyl Alcohol Market?

3. What are the technology trends and regulatory frameworks in the Polyvinyl Alcohol Market?

4. What is the market share of the leading vendors in the Polyvinyl Alcohol Market?

5. Which modes and strategic moves are suitable for entering the Polyvinyl Alcohol Market?

Product Code: MRR-A579C431593A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Polyvinyl Alcohol Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand in various packaging applications
  - 5.1.1.2. Rising construction and infrastructural development activities worldwide
  - 5.1.1.3. Continuous usage as a sizing agent in the textile industry
- 5.1.2. Restraints
  - 5.1.2.1. Price volatility in raw materials with polyvinyl alcohol (PVOH)
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous research & development activities in PVA-based nanocomposites
  - 5.1.3.2. Emerging potential as a support material in 3D printing
- 5.1.4. Challenges
  - 5.1.4.1. Performance limitations associated with polyvinyl alcohol (PVOH)
5.2. Market Segmentation Analysis
- 5.2.1. Grade: Extensive adoption of fully hydrolyzed PVOH owing to its superior barrier properties against oxygen and moisture transmission
- 5.2.2. Application: Emerging medical and personal care applications of PVOH owing to superior antimicrobial properties
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Polyvinyl Alcohol Market, by Grade

6.1. Introduction
6.2. Fully Hydrolyzed
6.3. Partially Hydrolyzed

7. Polyvinyl Alcohol Market, by Application

7.1. Introduction
7.2. Adhesives & Sealants
7.3. Building & Construction
7.4. Medical & Personal Care
7.5. Textile

8. Americas Polyvinyl Alcohol Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Polyvinyl Alcohol Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Polyvinyl Alcohol Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. New Product Launch & Enhancement
  - 11.3.1.1. Bioplastics International Creates World's First Sugar Cane Alcohol Water Soluble PVA to Replace Plastics
- 11.3.2. Investment & Funding
  - 11.3.2.1. ITI Fund Invests USD 1 million in PVA PRO
- 11.3.3. Award, Recognition, & Expansion
  - 11.3.3.1. Enhancement of Production Capacity for Specialty Brands of Polyvinyl Alcohol Resin GOHSENX and Nichigo G-Polymer

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. Akshar Chemical India Private Limited
- 12.1.2. Anhui Wanwei Group Co., Ltd.
- 12.1.3. Astrra Chemicals
- 12.1.4. Chang Chun Group
- 12.1.5. China Petrochemical Corporation
- 12.1.6. Denka Co., Ltd.
- 12.1.7. DUBI Chem Marine International
- 12.1.8. DuPont de Nemours, Inc
- 12.1.9. Henan GP Chemicals Co.,Ltd.
- 12.1.10. Kemipex Group
- 12.1.11. Kuraray Co., Ltd.
- 12.1.12. Merck KGaA
- 12.1.13. Mitsubishi Chemical Group Corporation
- 12.1.14. Ningxia Dadi Circulation Development Corp.
- 12.1.15. OCI Co., Ltd.
- 12.1.16. Otto Chemie Pvt. Ltd.
- 12.1.17. Polysciences, Inc.
- 12.1.18. Qingdao Easthony Inc
- 12.1.19. Sekisui Chemical Co., Ltd.
- 12.1.20. Shin-Etsu Chemical Co., Ltd.
- 12.1.21. SNP, Inc.
- 12.1.22. Spectrum Chemical Mfg. Corp.
- 12.1.23. Synthomer PLC
- 12.1.24. Vizag Chemical International
- 12.1.25. Wacker Chemie AG
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing