According to a new report, published by KBV research, The Global Polyvinyl Alcohol (PVA) Market size is expected to reach $1.7 billion by 2030, rising at a market growth of 6.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,14,933.7 Metric Ton, experiencing a growth of 6.1% (2019-2022).
The Paper segment is showcasing a CAGR of 6.5% during (2023 - 2030). When making paper, PVOH is used as a surface-sizing agent. It improves paper goods' strength, printability, and water resistance while enhancing filler and pigment retention. PVOH that has partially hydrolyzed serves as a warp-sizing agent in the textile industry, boosting adhesion and the weaving process. It gives fibers strength, flexibility, and smoothness. Therefore, the demand for polyvinyl alcohol will rise in the segment.
The Asia Pacific region dominated the Global Polyvinyl Alcohol (PVA) Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $897.8 million by 2030. The North America market is anticipated to grow at a CAGR of 6.2% during (2023 - 2030). Additionally, The Europe market would witness a CAGR of 6.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/polyvinyl-alcohol-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By End-use (Volume, Metric Ton, USD Million, 2019-2030)
By Geography (Volume, Metric Ton, USD Million, 2019-2030)
Companies Profiled