The North America Polyvinyl Alcohol (PVA) Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 72,252.4 Metric Ton, showcasing a growth of 5.7% (2019-2022).
The synthetic polymer polyvinyl alcohol (PVA) is colorless, hydrophilic, water-soluble, and has good adhesive and film-forming capabilities. It is produced by polymerizing vinyl acetate monomer and then hydrolyzing it. It is used in various end-user industries, including paper, food packaging, textiles, etc. A significant driver of growth during the forecast period is expected to be the rising demand for PVA products made from bio-based materials. PVA is a synthetic water-soluble polymer and is a crucial component in the formulation process for several end-use industries. Food packaging, construction, electronics, coatings, printing, textiles, cosmetics, and paper are some of the major end-use industries. Since PVA has greater water solubility and biodegradable qualities, the food packaging industry is the key driver of PVA demand.
Moreover, future growth in the food packaging industry is predicted to be fueled by changing demographics, new consumer demands, rising purchasing power in emerging nations, a focus on convenient, sustainable packaging, and trends of out-of-home consumption. Food packaging is one of the largest sectors in the US and is expected to grow significantly in emerging nations. Additionally, the construction industry's growing use of materials like caulks and sealants, joint compounds like joint cement and drywall mud, and dispersible powders like grouts and mortars, are expected to drive the market's growth in the coming years.
Moreover, the market in this region is experiencing increased growth due to the increasing use of polyvinyl alcohol (PVA) in producing adhesives, paints, sealants, coatings, textiles, plastics, and other goods. Due to its film-forming, emulsifying, and solubility properties, polyvinyl alcohol is an essential ingredient in producing adhesives, paints, sealants, coatings, textiles, and plastics. The latest technologies and advancements in chemical research and development are also contributing to the growth in this region.
PVA is used in paper coatings and adhesives to enhance paper quality and strength. With Canada's strong presence in the paper and pulp industry, there may be a continued demand for PVA in this sector. The Canadian paper and pulp industry produces a wide range of products, including newsprint, uncoated and coated papers, packaging materials (e.g., corrugated boxes and cartons), tissue products, and specialty papers used in various applications. The industry is concentrated in specific regions, with major hubs in provinces like British Columbia, Quebec, and Ontario. These provinces have extensive forest resources and well-established pulp and paper mills. All these factors are expected to drive the expansion of the market in the North America region.
The US market dominated the North America Polyvinyl Alcohol (PVA) Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $252.7 million by 2030. The Canada market is registering a CAGR of 8.5% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 7.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The 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)
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Polyvinyl Alcohol (PVA) Market, by End-use
1.4.2 North America Polyvinyl Alcohol (PVA) Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Polyvinyl Alcohol (PVA) Market, By End-use
4.1 North America Food Packaging Market, By Country
4.2 North America Paper Market, By Country
4.3 North America Construction Market, By Country
4.4 North America Electronics Market, By Country
4.5 North America Others Market, By Country
Chapter 5. North America Polyvinyl Alcohol (PVA) Market, By Country
5.1 US Polyvinyl Alcohol (PVA) Market
5.1.1 US Polyvinyl Alcohol (PVA) Market, By End-use
5.2 Canada Polyvinyl Alcohol (PVA) Market
5.2.1 Canada Polyvinyl Alcohol (PVA) Market, By End-use
5.3 Mexico Polyvinyl Alcohol (PVA) Market
5.3.1 Mexico Polyvinyl Alcohol (PVA) Market, By End-use
5.4 Rest of North America Polyvinyl Alcohol (PVA) Market
5.4.1 Rest of North America Polyvinyl Alcohol (PVA) Market, By End-use
Chapter 6. Company Profiles
6.1 DuPont de Nemours, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Mitsubishi Chemical Holdings Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Research & Development Expense
6.2.5 SWOT Analysis
6.3 Eastman Chemical Company
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Sekisui Chemical Co., Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 SWOT Analysis
6.5 Kuraray Co., Ltd.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 SWOT Analysis
6.6 Denka Company Limited
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional & Segmental Analysis
6.6.4 Research and Development Expenses
6.6.5 SWOT Analysis
6.7 Anhui Wanwei Group Co., Ltd.
6.7.1 Company Overview
6.7.2 SWOT Analysis
6.8 Celanese Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 SWOT Analysis
6.9 Merck KGaA
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 SWOT Analysis
6.10. Wacker Chemie AG
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 SWOT Analysis
TABLE 1 North America Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 2 North America Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 3 North America Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 4 North America Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 5 North America Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 6 North America Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 7 North America Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 8 North America Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 9 North America Food Packaging Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Food Packaging Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Food Packaging Market, By Country, 2019 - 2022, Metric Ton
TABLE 12 North America Food Packaging Market, By Country, 2023 - 2030, Metric Ton
TABLE 13 North America Paper Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Paper Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Paper Market, By Country, 2019 - 2022, Metric Ton
TABLE 16 North America Paper Market, By Country, 2023 - 2030, Metric Ton
TABLE 17 North America Construction Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America Construction Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America Construction Market, By Country, 2019 - 2022, Metric Ton
TABLE 20 North America Construction Market, By Country, 2023 - 2030, Metric Ton
TABLE 21 North America Electronics Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Electronics Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Electronics Market, By Country, 2019 - 2022, Metric Ton
TABLE 24 North America Electronics Market, By Country, 2023 - 2030, Metric Ton
TABLE 25 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market, By Country, 2019 - 2022, Metric Ton
TABLE 28 North America Others Market, By Country, 2023 - 2030, Metric Ton
TABLE 29 North America Polyvinyl Alcohol (PVA) Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Polyvinyl Alcohol (PVA) Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Polyvinyl Alcohol (PVA) Market, By Country, 2019 - 2022, Metric Ton
TABLE 32 North America Polyvinyl Alcohol (PVA) Market, By Country, 2023 - 2030, Metric Ton
TABLE 33 US Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 34 US Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 35 US Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 36 US Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 37 US Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 38 US Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 39 US Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 40 US Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 41 Canada Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 42 Canada Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 43 Canada Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 44 Canada Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 45 Canada Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 46 Canada Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 47 Canada Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 48 Canada Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 49 Mexico Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 50 Mexico Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 51 Mexico Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 52 Mexico Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 53 Mexico Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 54 Mexico Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 55 Mexico Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 56 Mexico Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 57 Rest of North America Polyvinyl Alcohol (PVA) Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Polyvinyl Alcohol (PVA) Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Polyvinyl Alcohol (PVA) Market, 2019 - 2022, Metric Ton
TABLE 60 Rest of North America Polyvinyl Alcohol (PVA) Market, 2023 - 2030, Metric Ton
TABLE 61 Rest of North America Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, USD Million
TABLE 62 Rest of North America Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, USD Million
TABLE 63 Rest of North America Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2022, Metric Ton
TABLE 64 Rest of North America Polyvinyl Alcohol (PVA) Market, By End-use, 2023 - 2030, Metric Ton
TABLE 65 Key Information –DuPont de Nemours, Inc.
TABLE 66 KEY INFORMATION – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 68 Key Information – Sekisui Chemical Co., Ltd.
TABLE 69 Key Information – Kuraray Co., Ltd.
TABLE 70 Key information – DENKA COMPANY LIMITED
TABLE 71 Key Information – Anhui Wanwei Group Co., Ltd.
TABLE 72 Key Information – Celanese Corporation
TABLE 73 key Information – Merck KGaA
TABLE 74 Key Information – Wacker Chemie AG
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Polyvinyl Alcohol (PVA) Market share, By End-use, 2022
FIG 6 North America Polyvinyl Alcohol (PVA) Market share, By End-use, 2030
FIG 7 North America Polyvinyl Alcohol (PVA) Market, By End-use, 2019 - 2030, USD Million
FIG 8 North America Polyvinyl Alcohol (PVA) Market share, By Country, 2022
FIG 9 North America Polyvinyl Alcohol (PVA) Market share, By Country, 2030
FIG 10 North America 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