Polyvinyl Alcohol (PVA) Films Market Size, Share & Industry Analysis, By Grade Type (Fully Hydrolyzed, Partially Hydrolyzed, Sub-Partially Hydrolyzed and Low Foaming Grades), By Application (Food Packaging, Detergent Packaging, Embroidery, Laundry Bags, Agrochemical Packaging, Industrial Detergent, Consumer Detergents and Other) and Regional Forecast, 2024-2032

Polyvinyl Alcohol, abbreviated as PVA, PVOH, or PVAI is a type of water soluble artificial polymer. It is generally used in textile wrap sizing, paper making, emulsion stabilizer, thickener in adhesives and coatings. PVA films are films eco-friendly films commonly used for packaging purpose. They are also used in manufacturing laundry bags that can be disposed easily.

Increasing awareness in consumers regarding the disposal of polymer waste is likely to boost the demand for polyvinyl alcohol films. The eco-friendly nature of PVA films is expected to surge its demand for use in laptops, sunglasses, LCD panels, and often optical filters which shall substantially reduce the e-waste.

However, prices of raw materials for PVA films are volatile. Fluctuating prices of raw materials are likely to hinder the market growth.

POLYVINYL ALCOHOL FILMS MARKET Segmentation ANALYSIS:

Based on grade type, the global polyvinyl alcohol films market is segmented into fully hydrolyzed, partially hydrolyzed, sub-partially hydrolyzed, and low foaming grades. Based on application, market is segmented into food packaging, detergent packaging, embroidery, laundry bags, agrochemical packaging, industrial detergent, consumer detergents, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global polyvinyl alcohol films market consists of global & regional players operating. Some of the key players in the market include Nippon Synthetic Chemical Industry Co., Sekisui Chemical Co., Ltd, Kuraray Co, Cortec Corporation, Sigma-Aldrich Co., Polychem Limited, AMC Ltd, BASF SE, Spectrum Chemical Manufacturing Corp and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Polyvinyl Alcohol Films Market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional POLYVINYL ALCOHOL FILMS MARKET Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.  North America is anticipated to hold the largest share in market attributed to the growing demand for detergent packaging from supermarkets, hypermarkets and hotels. Additionally, increasing awareness regarding use of eco-friendly materials to reduce carbon footprints shall foster regional growth. Asia Pacific is expected to show significant growth due to presence of large manufacturing base for packaging material. Europe is expected to exhibit considerable growth due to demand for green packaging and increasing logistics and shipping activities shall propel growth in European region. Latin America & Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

Segmentation

Polyvinyl Alcohol Films Industry Developments

• In February 2020, Kuraray announced the establishment of a new MonoSol production facility for polyvinyl alcohol water soluble films in Zimna Wodka, Poland. this step was taken to meet the growing demand for PVA films used for unit dose detergents, pharmaceuticals, and other products.