Reports

Global Polyvinyl Alcohol (PVA) Films Market to Reach USD 461 Billion by 2026, Aided by the Rising Demand for Biodegradable Packaging

Global Polyvinyl Alcohol (PVA) Films Market: Water-Soluble, Polarizer; By Grade; By Application: Detergent Packaging, Agrochemical Packaging, Laundry Bags, Embroidery; By End Use: Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Polyvinyl Alcohol (PVA) Films Market Outlook

The global polyvinyl alcohol (PVA) films market attained a value of USD 334 million in 2020. The market is expected to grow at a CAGR of 5.5% in the forecast period of 2023-2028 to attain USD 461 million by 2026.

 

Global Polyvinyl Alcohol (PVA) Films Market

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Growing Demand for Detergents and Agrochemical Packaging to Aid the Growth of the Polyvinyl Alcohol (PVA) Films Market

The global polyvinyl alcohol (PVA) films market is being driven by the rising demand for liquid crystal display (LCD) panel, as the product is used for polarisation and forms the basic and essential component of the LCDs. The PVA films market is further being aided due to its water-soluble features and ease-of-use in applications, such as detergents and agrochemical packaging. As a result, the market is growing rapidly as consumer awareness regarding personal hygiene increases, along with the growing population.

 

The Asia Pacific and North America to Emerge as Significant Markets for Polyvinyl Alcohol (PVA) Films

Region-wise, Asia Pacific and North America are significant markets for polyvinyl alcohol (PVA) films. The market is expanding in these regions due to the rising demand for products requiring water-soluble applications, such as detergents and agrochemical packaging. The market is expected to witness a booming period in the forecast period owing to changing lifestyles, increasing per capita incomes, and rising urbanisation.

 

Global Polyvinyl Alcohol (PVA) Films Market by Application

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Polyvinyl Alcohol (PVA) Films: Market Segmentation

Polyvinyl alcohol (PVA) films are extensively used for packaging and production of polarizer films. It exhibits water-soluble and biodegradable properties and is ideal for the production of detergents, agrochemicals, water treatment chemicals, and dyes.

On the basis of type, the market is divided into:

  • Water-Soluble
  • Polarizer
  • Others

Based on grade, the industry can be segmented into:

  • Fully Hydrolyzed
  • Partially Hydrolyzed
  • Sub-Partially Hydrolyzed
  • Low Foaming Grades
  • Others

On the basis of application, the industry is divided into:

  • Detergent Packaging
  • Agrochemical Packaging
  • Laundry Bags
  • Embroidery
  • Others

Based on end use, the industry is segmented into:

  • Automotive
  • Paper Industry
  • Construction
  • Electronics
  • Medical
  • Aerospace
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Polyvinyl Alcohol (PVA) Films Market by Region

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Rising Demand for Biodegradable Packaging to Aid the Global Polyvinyl Alcohol (PVA) Films Market Growth

The market is being driven by the increasing disposable incomes, rapid urbanisation and enhancing living standards. All of these factors contribute towards the rising affordability of products and the consumer's inclination to invest in such products. The polyvinyl alcohol (PVA) films market is expected to grow rapidly in the forecast period owing to the rising demand for convenient and biodegradable packaging. Due to the rising concerns for biodegradable and environmentally friendly products, manufacturers are developing convenient and disposable packaging, incorporating features, such as static electricity, low oxygen permeability, good optical transmission, and coriaceous coating. As the manufacturers are adopting biodegradable packaging products, PVA films market is predicted to flourish in the forecast period.

 

Key Industry Players in the Global Polyvinyl Alcohol (PVA) Films Market

The report gives a detailed analysis of the following key players in the global polyvinyl alcohol (PVA) films market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Aicello Corporation
  • Mitsubishi Chemical Corporation
  • Nippon Gohsei UK Limited
  • Arrow GreenTech Ltd.
  • KURARAY Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Grade, Application, End Use, Region
Breakup by Type Water-Soluble, Polarizer, Others
Breakup by Grade Fully Hydrolyzed, Partially Hydrolyzed, Sub-Partially Hydrolyzed, Low Foaming Grades, Others
Breakup by Application Detergent Packaging, Agrochemical Packaging, Laundry Bags, Embroidery, Others
Breakup by End Use Automotive, Paper Industry, Construction, Electronics, Medical, Aerospace, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Aicello Corporation, Mitsubishi Chemical Corporation, Nippon Gohsei UK Limited, Arrow GreenTech Ltd., KURARAY Co., Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Polyvinyl Alcohol (PVA) Films Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Polyvinyl Alcohol (PVA) Films Historical Market (2018-2022) 
    8.3    Global Polyvinyl Alcohol (PVA) Films Market Forecast (2023-2028)
    8.4    Global Polyvinyl Alcohol (PVA) Films Market by Type
        8.4.1    Water-Soluble
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Polarizer
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Polyvinyl Alcohol (PVA) Films Market by Grade
        8.5.1    Fully Hydrolyzed
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Partially Hydrolyzed
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Sub-Partially Hydrolyzed
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Low Foaming Grades
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Polyvinyl Alcohol (PVA) Films Market by Application
        8.6.1    Detergent Packaging
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Agrochemical Packaging
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Laundry Bags
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Embroidery
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Others
    8.7    Global Polyvinyl Alcohol (PVA) Films Market by End Use
        8.7.1    Automotive
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Paper Industry
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Construction
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Electronics
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Medical
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
        8.7.6    Aerospace
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2018-2022)
            8.7.6.3    Forecast Trend (2023-2028)
        8.7.7    Others
    8.8    Global Polyvinyl Alcohol (PVA) Films Market by Region       
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Polyvinyl Alcohol (PVA) Films Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Polyvinyl Alcohol (PVA) Films Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Polyvinyl Alcohol (PVA) Films Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Polyvinyl Alcohol (PVA) Films Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Polyvinyl Alcohol (PVA) Films Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.5    Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.3.1    Aicello Corporation
            18.3.1.1    Company Overview
            18.3.1.2    Product Portfolio
            18.3.1.3    Demographic Reach and Achievements
            18.3.1.4    Certifications
        18.3.2    Mitsubishi Chemical Corporation
            18.3.2.1    Company Overview
            18.3.2.2    Product Portfolio
            18.3.2.3    Demographic Reach and Achievements
            18.3.2.4    Certifications
        18.3.3    Nippon Gohsei UK Limited
            18.3.3.1    Company Overview
            18.3.3.2    Product Portfolio
            18.3.3.3    Demographic Reach and Achievements
            18.3.3.4    Certifications
        18.3.4    Arrow GreenTech Ltd.
            18.3.4.1    Company Overview
            18.3.4.2    Product Portfolio
            18.3.4.3    Demographic Reach and Achievements
            18.3.4.4    Certifications
        18.3.5    KURARAY Co., Ltd.
            18.3.5.1    Company Overview
            18.3.5.2    Product Portfolio
            18.3.5.3    Demographic Reach and Achievements
            18.3.5.4    Certifications
        18.3.6    Others
19    Key Trends and Developments in the Market


Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Polyvinyl Alcohol (PVA) Films Market: Key Industry Highlights, 2018 and 2028
2.    Global Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Grade (USD Million), 2018-2022
5.    Global Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Grade (USD Million), 2023-2028
6.    Global Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by End Use (USD Million), 2018-2022
9.    Global Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by End Use (USD Million), 2023-2028
10.    Global Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Region (USD Million), 2018-2022
11.    Global Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Region (USD Million), 2023-2028
12.    North America Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Country (USD Million), 2018-2022
13.    North America Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Europe Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Europe Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Asia Pacific Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Asia Pacific Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Latin America Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Latin America Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Middle East and Africa Polyvinyl Alcohol (PVA) Films Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Middle East and Africa Polyvinyl Alcohol (PVA) Films Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
27.    Global Polyvinyl Alcohol (PVA) Films Market Structure

Key Questions Answered in the Report

What was the global polyvinyl alcohol (PVA) market size in 2020?

In 2020, the global polyvinyl alcohol (PVA) market attained a value of nearly USD 334 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 5.5% between 2021 and 2026.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 461 million by 2026.

What are the major industry drivers?

The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for liquid crystal display (LCD) panel, rising hygiene awareness, growing demand for detergents, rapid urbanisation, and improving living standards,are expected to aid the market growth.

What are the key industry trends of the global polyvinyl alcohol (PVA) market?

The key trend guiding the growth of the market includes the growing demand for convenient and biodegradable packaging.

What are the major regional markets of polyvinyl alcohol (PVA), according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading types of polyvinyl alcohol (PVA) films in the industry?

The leading types of polyvinyl alcohol (PVA) films are water-soluble and polarizer, among others.

What are the major grades of the product in the industry?

The major grades of the product are fully hydrolyzed, partially hydrolyzed, sub-partially hydrolyzed, and low foaming grades, among others.

What are the significant application segments in the industry?

The significant application segments in the industry are detergent packaging, agrochemical packaging, laundry bags, and embroidery, among others.

What are the leading end use sectors in the industry?

The leading end use sectors in the industry are automotive, paper industry, construction, electronics, medical, and aerospace sectors, among others.

Who are the key industry players, according to the report?

The major players in the industry are Aicello Corporation, Mitsubishi Chemical Corporation, Nippon Gohsei UK Limited, Arrow GreenTech Ltd., and KURARAY Co., Ltd., among others.

Analyst Review

The global polyvinyl alcohol (PVA) market attained a value of USD 334 million in 2020, driven by rising demand from the detergents industry. Aided by the technological advancements in convenient and biodegradable packaging, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.5%. The polyvinyl alcohol (PVA) market is projected to reach USD 461 million by 2026.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the industry is segmented into water-soluble and polarizer, among others. On the basis of grade, the market can be divided into fully hydrolyzed, partially hydrolyzed, sub-partially hydrolyzed, and low foaming grades, among others. Based on application, the industry is categorised into detergent packaging, agrochemical packaging, laundry bags, and embroidery, among others. By end use, the industry is divided into automotive, paper industry, construction, electronics, medical, and aerospace sectors, among others.The major regional markets for polyvinyl alcohol (PVA) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Aicello Corporation, Mitsubishi Chemical Corporation, Nippon Gohsei UK Limited, Arrow GreenTech Ltd., and KURARAY Co., Ltd., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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