Polyvinyl Alcohol Market Size, Share, Trends, Industry Analysis Report: By Grade, Application, and Region

Description

List of Tables

The global polyvinyl alcohol market size is expected to reach USD 2,412.61 million by 2034, according to a new study by Polaris Market Research. The report "Polyvinyl Alcohol Market Size, Share, Trends, Industry Analysis Report: By Grade (Fully Hydrolyzed, Partially Hydrolyzed, and Sub-Partially Hydrolyzed), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Polyvinyl alcohol (PVA) is a water-soluble synthetic polymer with several uses. The polymer is used to make water-soluble films for packaging, which is an eco-friendly option. It finds applications as a viscosity increaser in pharmaceuticals. Other applications of PVA include laundry detergents, water treatment chemicals, dyes, and industrial cleaning chemicals.

The growing cosmetics and personal care industry and rising applications of polyvinyl alcohol in textile and paper packaging industries are among the key factors propelling the polyvinyl alcohol market growth. The growing demand for PVA from the packaging sector and the rising emphasis on eco-friendly packaging further support the market expansion.

The rising consumer purchasing powers in emerging economies, emerging demographic conditions like urbanization and a growing middle class shaping consumer behavior, and out-of-home consumption trends are anticipated to fuel the adoption of polyvinyl alcohol across various end-use industries during the forecast period. Increasing demand for bio-degradable products, driven by the limited availability of landfill spaces in developing economies, is expected to provide lucrative polyvinyl alcohol market opportunities during the forecast period.

Key Highlights of Polyvinyl Alcohol Market Report

Based on grade, the partially hydrolyzed segment dominated the polyvinyl alcohol market with the largest revenue share in 2024. Partially hydrolyzed polyvinyl alcohol is widely used in several applications, including warp-sizing for pressure-sensitive adhesives, remoistening adhesives, soil stabilization, spun and filament yarn, and films.

Based on application, the food packaging segment dominated the market with over 35.1% market revenue share in 2024. The growing demand for nontoxic and biodegradable packaging solutions in the food & beverage sector drives the segment's dominance in the market.

Asia Pacific dominated the global market with a revenue share of 56.8% in 2024. The regional market growth is primarily fueled by the increasing demand for ready-to-eat food products and the presence of a large number of manufacturers.

North America is projected to witness the fastest growth from 2025 to 2034. The increasing volumes of solid waste in North America and rising innovations in packaging are the key factors fueling market development in the region.

A few of the key players covered in the market report are Anhui Wanwei Group Co., Ltd; Astrra Chemicals; Celanese Corporation; Chang Chun Petrochemical Co., Ltd.; Dow Dupont; Eastman Chemical Company; Japan VAM & Poval Co., Ltd; Kuraray Co. Ltd; Merck KGaA; Nippon Synthetic Chemical Industry Co.; OCI Corporation; Polychem Limited; Mitsubishi Chemical Corporation; Polysciences Inc.; Sekisui Chemical Co., Ltd; Sigma-Aldrich; Sinopec Sichuan Vinolyn; and Solutia, Inc.

Polaris Market Research has segmented the polyvinyl alcohol market research report on the basis of grade, application, and region:

By Grade Outlook (Revenue - USD Million, 2020-2034)

Fully Hydrolyzed
Partially Hydrolyzed
Sub-Partially Hydrolyzed

By Application Outlook (Revenue - USD Million, 2020-2034)

Food Packaging
Textiles
Paper
Construction
Polymerization Aids
Others

By Regional Outlook (Revenue - USD Million, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of the Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1498

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Polyvinyl Alcohol Market Insights

4.1. Polyvinyl Alcohol Market - Market Snapshot
4.2. Polyvinyl Alcohol Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Cosmetics and Personal Care Industry
  - 4.2.1.2. Rising Applications in Textile and Paper Packaging Industries
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Volatile Raw Material Prices
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
4.4. PESTEL Analysis
4.5. Polyvinyl Alcohol Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Polyvinyl Alcohol Market, by Grade

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
5.3. Fully Hydrolyzed
- 5.3.1. Global Polyvinyl Alcohol Market, by Fully Hydrolyzed, by Region, 2020-2034 (USD Million)
5.4. Partially Hydrolyzed
- 5.4.1. Global Polyvinyl Alcohol Market, by Partially Hydrolyzed, by Region, 2020-2034 (USD Million)
5.5. Sub-Partially Hydrolyzed
- 5.5.1. Global Polyvinyl Alcohol Market, by Sub-Partially Hydrolyzed, by Region, 2020-2034 (USD Million)

6. Global Polyvinyl Alcohol Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
6.3. Food Packaging
- 6.3.1. Global Polyvinyl Alcohol Market, by Food Packaging, by Region, 2020-2034 (USD Million)
6.4. Textiles
- 6.4.1. Global Polyvinyl Alcohol Market, by Textiles, by Region, 2020-2034 (USD Million)
6.5. Paper
- 6.5.1. Global Polyvinyl Alcohol Market, by Paper, by Region, 2020-2034 (USD Million)
6.6. Construction
- 6.6.1. Global Polyvinyl Alcohol Market, by Construction, by Region, 2020-2034 (USD Million)
6.7. Polymerization Aids
- 6.7.1. Global Polyvinyl Alcohol Market, by Polymerization Aids, by Region, 2020-2034 (USD Million)
6.8. Others
- 6.8.1. Global Polyvinyl Alcohol Market, by Others, by Region, 2020-2034 (USD Million)

7. Global Polyvinyl Alcohol Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Polyvinyl Alcohol Market Assessment, by Geography, 2020-2034 (USD Million)
7.3. Polyvinyl Alcohol Market - North America
- 7.3.1. North America: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
- 7.3.2. North America: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.3.3. Polyvinyl Alcohol Market - US
  - 7.3.3.1. US: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.3.3.2. US: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.3.4. Polyvinyl Alcohol Market - Canada
  - 7.3.4.1. Canada: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.3.4.2. Canada: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
7.4. Polyvinyl Alcohol Market - Europe
- 7.4.1. Europe: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
- 7.4.2. Europe: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.3. Polyvinyl Alcohol Market - UK
  - 7.4.3.1. UK: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.3.2. UK: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.4. Polyvinyl Alcohol Market - France
  - 7.4.4.1. France: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.4.2. France: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.5. Polyvinyl Alcohol Market - Germany
  - 7.4.5.1. Germany: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.5.2. Germany: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.6. Polyvinyl Alcohol Market - Italy
  - 7.4.6.1. Italy: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.6.2. Italy: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.7. Polyvinyl Alcohol Market - Spain
  - 7.4.7.1. Spain: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.7.2. Spain: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.8. Polyvinyl Alcohol Market - Netherlands
  - 7.4.8.1. Netherlands: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.8.2. Netherlands: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.9. Polyvinyl Alcohol Market - Russia
  - 7.4.9.1. Russia: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.9.2. Russia: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.4.10. Polyvinyl Alcohol Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.4.10.2. Rest of Europe: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
7.5. Polyvinyl Alcohol Market - Asia Pacific
- 7.5.1. Asia Pacific: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
- 7.5.2. Asia Pacific: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.3. Polyvinyl Alcohol Market - China
  - 7.5.3.1. China: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.3.2. China: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.4. Polyvinyl Alcohol Market - India
  - 7.5.4.1. India: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.4.2. India: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.5. Polyvinyl Alcohol Market - Malaysia
  - 7.5.5.1. Malaysia: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.5.2. Malaysia: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.6. Polyvinyl Alcohol Market - Japan
  - 7.5.6.1. Japan: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.6.2. Japan: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.7. Polyvinyl Alcohol Market - Indonesia
  - 7.5.7.1. Indonesia: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.7.2. Indonesia: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.8. Polyvinyl Alcohol Market - South Korea
  - 7.5.8.1. South Korea: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.8.2. South Korea: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.9. Polyvinyl Alcohol Market - Australia
  - 7.5.9.1. Australia: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.9.2. Australia: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.5.10. Polyvinyl Alcohol Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.5.10.2. Rest of Asia Pacific: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
7.6. Polyvinyl Alcohol Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
- 7.6.2. Middle East & Africa: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.6.3. Polyvinyl Alcohol Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.6.3.2. Saudi Arabia: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.6.4. Polyvinyl Alcohol Market - UAE
  - 7.6.4.1. UAE: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.6.4.2. UAE: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.6.5. Polyvinyl Alcohol Market - Israel
  - 7.6.5.1. Israel: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.6.5.2. Israel: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.6.6. Polyvinyl Alcohol Market - South Africa
  - 7.6.6.1. South Africa: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.6.6.2. South Africa: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.6.7. Polyvinyl Alcohol Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.6.7.2. Rest of Middle East & Africa: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
7.7. Polyvinyl Alcohol Market - Latin America
- 7.7.1. Latin America: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
- 7.7.2. Latin America: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.7.3. Polyvinyl Alcohol Market - Mexico
  - 7.7.3.1. Mexico: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.7.3.2. Mexico: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.7.4. Polyvinyl Alcohol Market - Brazil
  - 7.7.4.1. Brazil: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.7.4.2. Brazil: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.7.5. Polyvinyl Alcohol Market - Argentina
  - 7.7.5.1. Argentina: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.7.5.2. Argentina: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)
- 7.7.6. Polyvinyl Alcohol Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Polyvinyl Alcohol Market, by Grade, 2020-2034 (USD Million)
  - 7.7.6.2. Rest of Latin America: Polyvinyl Alcohol Market, by Application, 2020-2034 (USD Million)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Anhui Wanwei Group Co., Ltd
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Astrra Chemicals
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Celanese Corporation
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Chang Chun Petrochemical Co., Ltd.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Dow Dupont
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Eastman Chemical Company
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Japan VAM & Poval Co., Ltd
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Kuraray Co. Ltd
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Merck KGaA
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Nippon Synthetic Chemical Industry Co.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. OCI Corporation
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Polychem Limited
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
9.13. Mitsubishi Chemical Corporation
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
9.14. Polysciences Inc.
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
9.15. Sekisui Chemical Co., Ltd
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development
9.16. Sigma-Aldrich
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.16.4. Recent Development
9.17. Sinopec Sichuan Vinolyn
- 9.17.1. Company Overview
- 9.17.2. Financial Performance
- 9.17.3. Product Benchmarking
- 9.17.4. Recent Development
9.18. Solutia, Inc.
- 9.18.1. Company Overview
- 9.18.2. Financial Performance
- 9.18.3. Product Benchmarking
- 9.18.4. Recent Development