Polyvinyl alcohol (PVA) is a colorless, water soluble biodegradable synthetic polymer. It is odorless and tasteless and is generally available in cream or white granular powder. PVA is insoluble in organic solvents and is slightly soluble in ethanol.
Versatile Applications
Polyvinyl alcohol is the primary element used in numerous end-use industries such as construction, packaging, textiles, coating, fibers, films, paper, printing, electronics, medicine, and food & beverages.
PVA is widely used as a moisture barrier film for foods and food supplement tablets. It can protect foods from the exposure to moisture, oxygen, and other environmental components. Polyvinyl alcohol can be used in confectionery products can preserve the quality of the moisture sensitive ingredients and the taste of the high moisture foods.
Different grades of PVA such as high, moderate, and low viscosities are used in paper manufacturing. Polyvinyl alcohol comprises exceptional properties like water resistance and exceptional degree of swelling. Hence, it is very useful in the construction industry.
Flexible Packing Material
Recently, Sekisui Chemical Co., Ltd. has developed a novel product called ‘Selvol Ultiloc Barrier Resin. It consists of gas barrier and greater adhesion properties. This film is thin and offers greater clarity. As a result, it has the potential to replace other existing barrier and packing technologies. This product is used in manufacturing flexible packaging films.
Market Overview
According to a report by Grand View Research, Inc.; the global polyvinyl alcohol (PVA) market is predicted to gain nearly USD 1.2 billion by 2025. Growing necessity for biocompatible non-toxic packaging in food & beverages is anticipated to drive the market. Construction segment may register a 7.9% CAGR during the forecast period (from 2014 to 2025).
In 2016, food and packaging led the end- user segment in terms of volume. It is anticipated to gain demand of 525.4 kilo tons till 2025. Asia Pacific emerged as the largest region in terms of volume in 2016. It can witness a 5.5% CAGR from 2017 to 2025. North America on the other hand is expected to grow at a CAGR 5.1% in terms of volume during the forecast period.
Some prominent players operating in the global market are Nippon Synthetic Chemical Industry Co; Sekisui Chemical Co. Ltd; E. I. du Pont de Nemours and Company; and Eastman Chemical Company.
In-Depth research report on Polyvinyl Alcohol (PVA) Market:
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