Global Polyvinyl Alcohol Market Overview:
Polyvinyl alcohol is a synthetic polymer, which a substance is made up of many, many molecules all strung together. It starts its life as ethylene, a natural gaseous hormone given off by plants that cause the fruit to ripen. In this case, the ethylene is synthetically produced, then turned into vinyl acetate through a chemical reaction with oxygen and acetic acid, then polymerized, and then dissolved in alcohol to become a water-soluble polymer. PVA has oodles of uses from strengthening textile yarns and making paper more grease and oil resistant to creating children’s play slime and contact lens lubricant. According to AMA, the Global Polyvinyl Alcohol market is expected to see growth rate of 6.2%
Growth Drivers
- Increasing Constructional Activities across the Globe
- Increasing Demand for Bio-based Packaging
Roadblocks
- Hazardous Health Effects while Manufacturing
Opportunities
- Increasing Use of PVA in the Electronics Sector
Competitive Landscape:
Some of the key players profiled in the report are 3M Company (United States), Bostik (United States), BASF SE (Germany), Evonik Industries (Germany), Sekisui Chemical Co, Ltd (Japan), Nippon Gohsei (United Kingdom), Merck KGaA (Germany), Anhui Wanwei Group (China), SNP, Inc. (United States) and Kuraray Co., Ltd (Japan). Additionally, following companies can also be profiled that are part of our coverage like Polysciences, Inc. (United States), Polychem (United States), Astrra Chemicals (India) and Japan Vam & Poval Co., Ltd (Japan). Analyst at AMA Research see United States and Japanese Vendors to retain maximum share of Global Polyvinyl Alcohol market by 2027. Considering Market by Grade Type, the sub-segment i.e. Fully Hydrolized will boost the Polyvinyl Alcohol market.
Latest Market Insights:
Recently, Merck, a leading science and technology company, announced it has extended and expanded its collaboration with Kuraray Europe to exclusively supply pharmaceutical polyvinyl alcohol (PVA) grades and improvements to benefit the pharmaceutical market. PVA polymers are used as matrix/drug delivery compounds to assist in drug formulation and help active pharmaceutical ingredients enter the human body efficiently.
On 13 May 2019, BASF and Lactips signed an exclusive contract to market Lactips water-soluble, bio-based and fully biodegradable material. This long-term partnership supports BASF’s strategy to leverage sustainable solutions to drive business growth.
What Can be Explored with the Polyvinyl Alcohol Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Polyvinyl Alcohol Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Polyvinyl Alcohol
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Polyvinyl Alcohol market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Polyvinyl Alcohol market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Polyvinyl Alcohol Manufacturers, Polyvinyl Alcohol Raw Material Suppliers, Polyvinyl Alcohol Traders/Distributors, Polyvinyl Alcohol Importer/Exporter, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.