Polyvinyl Alcohol (PVOH) Market worth $5.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, June 8, 2023 /PRNewswire/ -- The report "Polyvinyl Alcohol (PVOH) Market by Type (Fully hydrolyzed, partially hydrolyzed, PVOH hydrogels), application (PVB Resin, Adhesives and sealants, Textile, Paper, Building & construction, Packaging), and Region - Global Forecast to 2028", The Polyvinyl Alcohol (PVOH) market is projected to reach USD 5.0 billion by 2028, at a CAGR of 6.1% from USD 3.7 billion in 2023. The polyvinyl alcohol market is mainly driven by the demand for polyvinyl alcohol in various end-use industries, including textiles, paper, adhesive and sealants, building and construction, medical and personal care, and packaging among others, coupled with the concerns for the environmental impact. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.

Browse in-depth TOC on "Polyvinyl Alcohol (PVOH) Market"

135 – Tables
60 – Figures
280 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106878201

Partially hydrolyzed by type is projected to grow at fastest CAGR, in terms of value, during the forecast period.

In the adhesive industry, partially hydrolyzed PVOH is utilized in the formulation of adhesives that require a balance between water resistance and adhesive strength. These adhesives find use in applications such as wood bonding and packaging. Partially hydrolyzed PVOH is also utilized in the production of coatings and films that necessitate water resistance. By incorporating partially hydrolyzed PVOH, coatings and films can exhibit enhanced resistance to moisture, making them appropriate for applications where protection against water or humidity is essential. Additionally, the textile industry finds value in partially hydrolyzed PVOH for applications like warp sizing and fiber treatments, as it provides desired levels of water resistance and adhesion properties. These factors are driving its demand in the Polyvinyl alcohol market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=106878201

Asia Pacific is expected to be the fastest growing market for polyvinyl alcohol during the forecast period, in terms of value.

The Asia Pacific area has one of the largest Polyvinyl Alcohol markets, with China, Japan, and India being the key consumers. This can be linked to the region's rapid development and rising consumer demand. Industries like packaging, building, and textiles boost Polyvinyl Alcohol demand in the Asia Pacific regions. Asia Pacific regions are also generating a lot of waste, it produces more than half of the world's plastic waste. Compared to other plastics Polyvinyl Alcohol has a higher sustainability factor and is biodegradable. This is also leading to its application in various industries.

The key players in the PVOH market are Kuraray Co Ltd (Japan), Anhui Wanwei Group Co Ltd (China), Chang Chun Petrochemicals Co Ltd (Taiwan), Ningxia Dadi Circular Development Corp Ltd (China), Sinopec Sichuan Vinylon Works (China), Sekisui Specialty Chemicals (Japan), Mitsubishi Chemical Corporation (Japan), Japan Vam and Poval Co Ltd (Japan), Merck Kgaa (Germany), Wacker Chemie AG (Germany), Denka Company Ltd (Japan).

Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting

Related Reports:

Adhesives & Sealants Market - Global Forecast to 2026

Polyvinyl Butyral (PVB) Market - Global Forecast to 2027

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/polyvinyl-alcohol-pvoh-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/polyvinyl-alcohol-pvoh.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets