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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Polyvinyl Alcohol Fiber Market: By Product, By Application and By Geography
Polyvinyl Alcohol Fiber Market: By Product, By Application and By Geography
The global polyvinyl alcohol fiber market estimated to be valued US$ 430.7 Mn in 2022 and poised to grow at significant CAGR of 4.8% during 2023-2029. Increasing demand from various end user industries, rise in use of polyvinyl alcohol fibers as substitute for asbestos, high growth in emerging economies are some key factors influencing the market growth. However, fluctuating raw material prices and risks associated with PVA are restricting the market growth. The prices of petrochemical feedstock are instable and they vary on a daily basis. These resin are downstream products of the vinyl acetate value chain and are made from petrochemical feedstock. This causes instability in prices of the fiber, thus restricting the growth of the market. Global polyvinyl alcohol fiber market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Mar 2018, Kuraray Co., Ltd. acquired Calgon Carbon Corporation. The combination will strengthen Kuraray's focus on contributing to human health and the sustainability of the environment through innovative and high quality products around the world.
Study Period
2024-2030Base Year
2023CAGR
4.8%Largest Market
Asia PacificFastest Growing Market
North America
PVA fiber has been used globally in a wide range of cement applications owing to some suitable characteristics as reinforcing materials for cementitious composites. Health risk of asbestos was pointed out and investigation of the substitute. Rising concerns about the dangers of asbestos inhalation brought PVA fibers into the limelight as an asbestos replacement. PVA fibres can be used as a substitute for asbestos. Its advantages used in cement include: good mechanical properties offering tenacity and impact resistance; acid and alkali resistance; good dispersion; bending and freezing resistance; improved operating conditions; reduced unit weight compared with asbestos; and low permeability of air to concrete. The long experience in the field has provided excellent data on the longevity of PVA fibers and their suitability as an asbestos replacement.
Asia Pacific accounted for larger revenue share in global polyvinyl alcohol fiber market with considerable CAGR as it is one of the major producer of polyvinyl alcohol fiber. Increasing product demand from various end-use sectors in the region is the other factor responsible for the market growth. In addition, North America is likely to hold steady market share during predicted period owing to rising innovation in packaging and increasing solid waste volumes in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
4.8% |
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By Product |
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By Application |
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By Region |
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The Polyvinyl Alcohol Fiber Market size was valued at US$ 430.7 million in 2022
The Polyvinyl Alcohol Fiber Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
North America is the fastest-growing for Polyvinyl Alcohol Fiber Market
| 1.Executive Summary |
| 2.Global Polyvinyl Alcohol Fiber Market Introduction |
| 2.1.Global Polyvinyl Alcohol Fiber Market - Taxonomy |
| 2.2.Global Polyvinyl Alcohol Fiber Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Polyvinyl Alcohol Fiber Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Polyvinyl Alcohol Fiber Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Polyvinyl Alcohol Fiber Market By Product, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Staples |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Filaments |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Polyvinyl Alcohol Fiber Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Construction |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Filter and non-woven |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Paper |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Ropes and fishing nets |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Textile and apparel |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Polyvinyl Alcohol Fiber Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Polyvinyl Alcohol Fiber Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Product Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Staples |
| 8.1.2.Filaments |
| 8.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Construction |
| 8.2.2.Filter and non-woven |
| 8.2.3.Paper |
| 8.2.4.Ropes and fishing nets |
| 8.2.5.Textile and apparel |
| 8.2.6.Others |
| 8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Polyvinyl Alcohol Fiber Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Staples |
| 9.1.2.Filaments |
| 9.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Construction |
| 9.2.2.Filter and non-woven |
| 9.2.3.Paper |
| 9.2.4.Ropes and fishing nets |
| 9.2.5.Textile and apparel |
| 9.2.6.Others |
| 9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Polyvinyl Alcohol Fiber Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Staples |
| 10.1.2.Filaments |
| 10.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Construction |
| 10.2.2.Filter and non-woven |
| 10.2.3.Paper |
| 10.2.4.Ropes and fishing nets |
| 10.2.5.Textile and apparel |
| 10.2.6.Others |
| 10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Polyvinyl Alcohol Fiber Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Staples |
| 11.1.2.Filaments |
| 11.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Construction |
| 11.2.2.Filter and non-woven |
| 11.2.3.Paper |
| 11.2.4.Ropes and fishing nets |
| 11.2.5.Textile and apparel |
| 11.2.6.Others |
| 11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Polyvinyl Alcohol Fiber Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Staples |
| 12.1.2.Filaments |
| 12.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Construction |
| 12.2.2.Filter and non-woven |
| 12.2.3.Paper |
| 12.2.4.Ropes and fishing nets |
| 12.2.5.Textile and apparel |
| 12.2.6.Others |
| 12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.UNITIKA LTD. |
| 13.2.2.KURARAY CO., LTD. |
| 13.2.3.Anhui Wanwei Group |
| 13.2.4.NYCON |
| 13.2.5.Hunan Xiangwei Co., Ltd. |
| 13.2.6.Sinopec Sichuan Vinylon Works |
| 13.2.7.Bouling Chemical Co. ltd |
| 13.2.8.MiniFIBERS, Inc. |
| 13.2.9.Ningxia Dadi Circular Development Corp. Ltd |
| 13.2.10.Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.