The global PVA market size was USD 1.01 Billion in 2022 and is expected to register a revenue CAGR of 6% over the forecast period, according to the latest report by Reports and Data.
PVA, a synthetic polymer that is extensively used for its superior film-forming capabilities, biodegradability, and low toxicity, is created by converting vinyl acetate.
PVA finds widespread application in the packaging industry, contributing significantly to the market's revenue. The demand for eco-friendly packaging materials is driving the utilization of PVA-based films and coatings, which exhibit excellent barrier properties against moisture and oxygen. PVA-based packaging films are employed in the production of water-soluble bags and pouches, catering to diverse industries such as detergents, agrochemicals, and food packaging.
PVA is also frequently used in the textile industry as a sizing agent in warp yarns to manufacture cotton and synthetic textiles. PVA-based sizing agents' superior adhesive, film-forming, and lubricating properties improve weaving efficiency and reduce yarn breakage during manufacturing. The increased demand for high-quality textiles with improved dimensional stability, wrinkle resistance, and crease recovery is driving the development of PVA in the textile sector.
PVA has extensive applications in the paper industry as a binder and coating agent, primarily due to its ability to enhance surface smoothness, printability, and water resistance. The utilization of PVA-based coatings improves the optical properties of paper, such as brightness and whiteness, leading to enhanced print quality and legibility. The growing demand for high-quality paper and paperboard products in various sectors, including printing, packaging, and labeling, is driving the increased usage of PVA in the paper industry. Furthermore, PVA-based adhesives find widespread use in diverse industries, including packaging, bookbinding, and woodworking. These adhesives are renowned for their excellent bonding strength, fast setting time, and low toxicity. The rising demand for environmentally friendly adhesives with reduced Volatile Organic Compound (VOC) emissions and superior performance characteristics contributes to the popularity of PVA-based adhesives in numerous applications.
Get a sample of the report: https://www.reportsanddata.com/download-free-sample/5316
Competitive landscape:
The global PVA market report includes some of the major companies in the industry. Kuraray Co., Ltd. is one of the prominent players in the market, producing PVA for various applications such as films, adhesives, and coatings. Sekisui Chemical Co., Ltd. is another major player in the market, offering high-performance and environment-friendly PVA products.
DuPont de Nemours, Inc. is a well-known company in the industry, providing high-quality PVA products for use in various applications such as paper coatings, textiles, and adhesives. OCI Company Ltd. is a leading producer of PVA in Asia and produces PVA resins and films for various applications.
Other major players in the global PVA market include Merkur Group, Nippon Gohsei, Chang Chun Petrochemical Co., Ltd., Polysciences, Inc., Anhui Wanwei Group Co., Ltd., Silurian Materials, and Unitika Ltd. These companies are continuously investing in research and development activities to produce high-quality PVA products for various end-use industries. The competitive landscape of the market is expected to remain highly competitive in the coming years, as companies strive to capture a larger market share through innovative product offerings and strategic partnerships.
Inquiry Before Buying: https://www.reportsanddata.com/inquiry-before-buying/5316
PVA Market Segments:
The market segments covered in this analysis include end-use outlook and regional outlook. The end-use outlook covers various industries such as paper, food packaging, construction, electronics, and others. On the other hand, the regional scope encompasses North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. Additionally, the country scope includes the United States, Canada, United Kingdom, Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, and Turkey.
Browse More Reports:
tractor-implements-market:https://www.reportsanddata.com/report-detail/tractor-implements-market
reusable-wine-bags-market:https://www.reportsanddata.com/report-detail/reusable-wine-bags-market
smart-textiles-market:https://www.reportsanddata.com/report-detail/smart-textiles-market
process-meat-packaging-market:https://www.reportsanddata.com/report-detail/process-meat-packaging-market
1-2-4-trimethylbenzene-market:https://www.reportsanddata.com/report-detail/1-2-4-trimethylbenzene-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
