Polyvinyl Alcohol (PVA) is categorized as partially hydrolyzed and fully hydrolyzed. Partially hydrolyzed PVA is widely used for food packaging due to biodegradability, moisture resistance, and its cross-linking properties. Furthermore, the increasing use of PVA in food supplements is likely to propel the market growth. PVA also finds application in end-use industries such as textile, paper, pharmaceuticals, and construction among others. It is extensively used in textile industry as warp sizing agent due to abrasion resistance, high tensile strength, colorfastness, and flexibility exhibited by the product. Growing textile and apparel industry coupled with changing fashion trends and increasing purchasing power is stimulating the product demand. Due to its non-toxicity and biocompatibility, it is increasingly used in the healthcare industry for manufacturing contact lenses, drug delivery, tissue engineering, and wound dressing. The use of PVA in coating industry as a result of superior strength is further driving the market growth.
Some of the prominent players in the Global Polyvinyl Alcohol Market are Sekisui Chemical Co, Ltd (Japan), The Nippon Synthetic Chemical Industry Co., Ltd (Japan), Merck KGaA (Germany), Anhui Wanwei Group (China), SNP, Inc. (U.S.), Kuraray Co., Ltd (Japan), Polysciences, Inc (U.S.), Polychem(Mumbai), Astrra Chemicals (India), Japan Vam and Poval Co., Ltd (Japan).
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5820
The Global Polyvinyl Alcohol Market is segmented into segmented into grade, end-use industry, and region.
On the Basis of Grade, the Global Polyvinyl Alcohol Market is bifurcated into partially hydrolyzed and fully hydrolyzed.
Based on Application, the Global Polyvinyl Alcohol Market is segmented into food packaging, textile, paper, medical, construction, and electronics.
Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific region is growing at a staggering rate as a result of changing packaging trends in the cosmetics, and food & beverage industries. Rising use of biodegradable material by packaging industry in order to prevent pollution through landfills causing a negative impact on the environment and human health is fueling the market demand of the product. Rising construction industry as a result of growing population and improving standard and quality of living is likely to propel the market growth.
North America and Europe region are witnessing significant growth for Polyvinyl Alcohol owing to rising demand for flexible packaging. Moreover, targets set for recycling the plastic waste in order to reduce the environmental issues in these region are driving the market growth.
Get Complete Report @ https://www.marketresearchfuture.com/reports/polyvinyl-alcohol-market-5820
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Company Name: Market Research Future
Contact Person: Akash Anand
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –