Polyvinyl Alcohol Market: By Grade (Fully Hydrolized, Partially Hydrolized, Sub-Partially Hydrolized, Low Foaming Grades, and Others (Tactified Grades, Fine Particle Grades)), By End User (Paper, Food Packaging, Construction, Electronics, and Others), and Geography  

Polyvinyl Alcohol Market size was valued USD 682.1 million in 2022 and growing at a CAGR of 7.2% during the forecast period 2023-2029. The owing to rising demand for bio-based packaging coupled with growing investments in constructional activities and high use of polyvinyl alcohol in electronics sector is expected to drive the growth of the market over the forecast period. Furthermore, polyvinyl alcohol is used in wide range of applications in various industries such as paper, construction, electronics, textiles, and in medical sector. Because of its non-toxic and moisture and air barrier qualities, PVA is widely utilised as a binding and coating agent in food packaging materials. The market is also growing due to the extensive use of PVA in the production of water-soluble and disposable packaging  for detergents, dyes, and agricultural products. It can also be made into solid sheets, tapes, or strings to make mesh stocking for fishing and other nautical activities. Other key growth-inducing aspects include numerous product breakthroughs, such as the invention of PVA-based bio composite films. The biodegradability, water absorption, and filler loading capabilities of these films are all increased. However, its hazardous properties are estimated to restrain the growth of the market. This report studies global polyvinyl alcohol market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).