Global Polyvinyl Alcohol (PVA) Films Market
Global Polyvinyl Alcohol (PVA) Films Market Report Description:
Global Polyvinyl Alcohol (PVA) Films market report gives comprehensive outlook on Polyvinyl Alcohol (PVA) Films across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global Polyvinyl Alcohol (PVA) Films market gives historical, current, and future market sizes (US$ Mn) on the basis of water soluble application and region. This report studies global Polyvinyl Alcohol (PVA) Films market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Polyvinyl Alcohol (PVA) Films 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 Polyvinyl Alcohol (PVA) Films market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global Polyvinyl Alcohol (PVA) Films market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Polyvinyl Alcohol (PVA) Films products.
Global Polyvinyl Alcohol (PVA) Films Market:
The global Polyvinyl Alcohol (PVA) Films market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Government initiatives towards green packaging policies, increasing environmental awareness, rise in population, increase in disposable income and the growth of the agrochemicals & consumer electronics industries that increasingly adopt PVA films are some of the key factors fostering the market growth. However, factors such as higher cost than conventional packaging materials and durability of PVA films are hindering the market growth.
Increasing Environmental Awareness
Electronics disposal have been posing threat to environment over the past few years. With the introduction of PVA films this problem is likely to offset, and the trend is expected to drive the market over the foreseeable period. This is considered to be a growing market in light of the rising demand for environment-friendly products, which help avoid harmful ecological as well as health impacts. Green packaging initiatives in developed regions, such as North America and Europe are anticipated to increase consumption of the product in these regions. PVA films are environment-friendly and they do not release toxic gasses upon incineration. Rapid industrialization along with the need of a healthy environment of working has increased the demand of detergents simultaneously.
The growing concerns about health hazards from waste disposal of products packaging have given rise to the need of biodegradable packaging solutions. This has ultimately given a boost to the polyvinyl alcohol films market in recent years. Moreover, the stringent government regulations restricting the use of certain packaging materials has switched many packaging companies towards polyvinyl alcohol films.
Fluctuating Petrochemical Prices
Petroleum based VAM is susceptible to crude priced, fluctuations across the geopolitical scenario could impact polyvinyl alcohols films market price trend. However, fluctuating petrochemical prices are responsible for an unstable PVA film pricing over the past few years.
Asia Pacific Accounts for Larger Market Revenue Share in Global Polyvinyl Alcohol (PVA) Films Market
Asia Pacific accounted for larger revenue share in global Polyvinyl Alcohol (PVA) Films market with considerable CAGR. This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the polyvinyl alcohol films market throughout the forecast period. The growth of the agrochemicals and consumer electronics industries that increasingly adopting PVA films and the increasing demand for food in populated countries such as China and India that is triggering the use of agrochemicals, driving the growth of the PVA films market in this region.
Key player’s profiles in the global Polyvinyl Alcohol (PVA) Films market include:
- Sekisui Specialty Chemicals (U.S)
- Nippon Gohsei (U.K)
- MonoSol LLC (U.S)
- Kuraray Co., Ltd. (Japan)
- Cortec Corporation (U.S)
- Changzhou Water Soluble Co., Ltd (China)
- Arrow Coated Products Ltd. (India)
- AMC Ltd. (U.K)
- Aicello Corporation (Japan)
Global Polyvinyl Alcohol (PVA) Films market is surging owing to frequent acquisitions and launchings by the market players. For Instance, Oct 2018, Nippon synthetic chemical industry Co. Ltd., PLASTIENVASE and Ainia signed a cooperation agreement of working together on a research project that aims on packaging materials with biodegradable materials. This collaboration is a key movement to find innovative solutions which reduces environmental impacts.
Key Findings of the Report:
- Global Polyvinyl Alcohol (PVA) Films market expanding at significant CAGR over 2019 to 2025 due to increasing waste disposal problems coupled with stringent environmental regulations.
- Based on Water Soluble Application, Packaging segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global Polyvinyl Alcohol (PVA) Films market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
By Water Soluble Application
- Laundry Bags
- Fish Bait Bags
- Mold Release
- Pet Waste Bags
- Water Transfer Printing
- Rest of Europe
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- South Africa
- Rest of MEA