The Asia Pacific Polyvinyl Alcohol (PVA) Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,97,182.9 Metric Ton, showcasing a growth of 6.2% (2019-2022).
As customers seek new and inventive products for their beauty and grooming routines, the cosmetics and personal care business is expected to continue growing. Due to its distinctive qualities and adaptability in various product applications, PVOH/PVA (polyvinyl alcohol) is in high demand in cosmetics and personal care. In several cosmetic and personal care goods, including face masks, hair styling products, eye makeup, skincare items, and nail polish, PVOH is employed as a film-forming, thickening, and binder agent.
Furthermore, in the upcoming years, the market is projected to benefit from the expanding opportunity in the electronics industry for manufacturing devices like transistors, which require high dielectric permittivity. Additionally, the market is severely constrained by the rising cost of manufacture and the accessibility of substitutes. Two of the raw materials required to make polyvinyl alcohol (PVA) are vinyl acetate monomer (VAM) and polyvinyl acetate (PVAc), both of which go through several operational stages of production, processing, refinement, and storage. These procedures increase the capital needed for the production process and could increase production costs.
Moreover, with its booming textile and construction industries, China generates a higher demand for polyvinyl alcohol. China is the leader in the world for producing textiles. Due to its massive production capacity, domestic overstock, high labor costs, and escalating protectionism, China's textile sector is undergoing a complex transformation that erodes its competitiveness. The nation will likely continue leading in the textile manufacturing and export industries in the following years. Due to the expanding middle class, growing awareness of health and well-being, and increasing consumer spending power, the Chinese food packaging business is predicted to increase significantly. Therefore, these factors will help expand the market in the region.
The China market dominated the Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $240.1 million by 2030. The India market is experiencing a CAGR of 7.4% during (2023 - 2030). Additionally, The Japan market would exhibit a CAGR of 6% during (2023 - 2030).
Based on End-use, the market is segmented into Food Packaging, Paper, Construction, Electronics, and Others. Based on countries, the market is segmented into China, India, Japan, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Polyvinyl Alcohol (PVA) Market is Predict to reach $1.7 Billion by 2030, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DuPont de Nemours, Inc., Mitsubishi Chemical Holdings Corporation, Eastman Chemical Company, Sekisui Chemical Co. Ltd., Kuraray Co. Ltd., Denka Company Limited, Anhui Wanwei Group Co., Ltd., Celanese Corporation, Merck KGaA, AND Wacker Chemie AG.
Scope of the Study
Market Segments Covered in the Report:
By End-use (Volume, Metric Ton, USD Million, 2019-2030)
- Food Packaging
- Paper
- Construction
- Electronics
- Others
By Country (Volume, Metric Ton, USD Million, 2019-2030)
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DuPont de Nemours, Inc.
- Mitsubishi Chemical Holdings Corporation
- Eastman Chemical Company
- Sekisui Chemical Co. Ltd.
- Kuraray Co. Ltd.
- Denka Company Limited
- Anhui Wanwei Group Co., Ltd.
- Celanese Corporation
- Merck KGaA
- Wacker Chemie AG
TABLE 1 Asia Pacific Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 4 Asia Pacific Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 5 Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 8 Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 9 Asia Pacific Food Packaging Market, By Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Food Packaging Market, By Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Food Packaging Market, By Country, 2019 - 2022, Metric Ton
TABLE 12 Asia Pacific Food Packaging Market, By Country, 2023 - 2030, Metric Ton
TABLE 13 Asia Pacific Paper Market, By Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Paper Market, By Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Paper Market, By Country, 2019 - 2022, Metric Ton
TABLE 16 Asia Pacific Paper Market, By Country, 2023 - 2030, Metric Ton
TABLE 17 Asia Pacific Construction Market, By Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Construction Market, By Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Construction Market, By Country, 2019 - 2022, Metric Ton
TABLE 20 Asia Pacific Construction Market, By Country, 2023 - 2030, Metric Ton
TABLE 21 Asia Pacific Electronics Market, By Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Electronics Market, By Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Electronics Market, By Country, 2019 - 2022, Metric Ton
TABLE 24 Asia Pacific Electronics Market, By Country, 2023 - 2030, Metric Ton
TABLE 25 Asia Pacific Others Market, By Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market, By Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market, By Country, 2019 - 2022, Metric Ton
TABLE 28 Asia Pacific Others Market, By Country, 2023 - 2030, Metric Ton
TABLE 29 Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country, 2019 - 2022, Metric Ton
TABLE 32 Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country, 2023 - 2030, Metric Ton
TABLE 33 China Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 34 China Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 35 China Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 36 China Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 37 China Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 38 China Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 39 China Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 40 China Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 41 India Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 42 India Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 43 India Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 44 India Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 45 India Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 46 India Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 47 India Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 48 India Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 49 Japan Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 50 Japan Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 51 Japan Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 52 Japan Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 53 Japan Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 54 Japan Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 55 Japan Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 56 Japan Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 57 South Korea Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 58 South Korea Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 59 South Korea Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 60 South Korea Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 61 South Korea Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 62 South Korea Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 63 South Korea Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 64 South Korea Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 65 Singapore Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 66 Singapore Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 67 Singapore Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 68 Singapore Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 69 Singapore Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 70 Singapore Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 71 Singapore Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 72 Singapore Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 73 Malaysia Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 74 Malaysia Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 75 Malaysia Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 76 Malaysia Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 77 Malaysia Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 78 Malaysia Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 79 Malaysia Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 80 Malaysia Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 81 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 84 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 85 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 87 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 88 Rest of Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 89 Key Information –DuPont de Nemours, Inc.
TABLE 90 KEY INFORMATION – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 92 Key Information – Sekisui Chemical Co., Ltd.
TABLE 93 Key Information – Kuraray Co., Ltd.
TABLE 94 Key information – DENKA COMPANY LIMITED
TABLE 95 Key Information – Anhui Wanwei Group Co., Ltd.
TABLE 96 Key Information – Celanese Corporation
TABLE 97 key Information – Merck KGaA
TABLE 98 Key Information – Wacker Chemie AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Polyvinyl Alcohol (PVA) Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting polyvinyl alcohol (PVA) market
FIG 4 Porter’s Five Forces Analysis - Polyvinyl Alcohol (PVA) Market
FIG 5 Asia Pacific Polyvinyl Alcohol (PVA) Market share, By End-use, 2022
FIG 6 Asia Pacific Polyvinyl Alcohol (PVA) Market share, By End-use, 2030
FIG 7 Asia Pacific Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2030, USD Million
FIG 8 Asia Pacific Polyvinyl Alcohol (PVA) Market share, By Country, 2022
FIG 9 Asia Pacific Polyvinyl Alcohol (PVA) Market share, By Country, 2030
FIG 10 Asia Pacific Polyvinyl Alcohol (PVA) Market, By Country, 2019 - 2030, USD Million
FIG 11 Swot Analysis: DuPont de Nemours, Inc.
FIG 12 Swot Analysis: Mitsubishi Chemical Holdings Corporation
FIG 13 SWOT Analysis: Eastman Chemical Company
FIG 14 Swot Analysis: Sekisui Chemical Co., Ltd.
FIG 15 Swot Analysis: Kuraray Co., Ltd.
FIG 16 Swot Analysis: DENKA COMPANY LIMITED
FIG 17 Swot Analysis: Anhui Wanwei Group Co., Ltd.
FIG 18 SWOT Analysis: Celanese Corporation
FIG 19 Swot Analysis: Merck KGaA
FIG 20 Swot Analysis: Wacker Chemie AG