Press release
Global Polyvinyl Alcohol (PVA) Films Market Size, Share, Global Industry Challenges and Future Opportunities By 2025; Changzhou Water Soluble Co. Ltd., AICELLO CORPORATION, MonoSol, LLC, Nippon Gohsei, Kuraray Co. Ltd., Sekisui Specialty Chemicals, AMC (U
Global Polyvinyl Alcohol (PVA) Films Market Size
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Detergent packaging is likely to hold 38.4% of the global polyvinyl alcohol (PVA) films market share, in terms of revenue, by 2025 thereby, driving the water-soluble PVA films market growth. Restrictions on the use of packaging materials have led to the shift to biodegradable materials for packaging, boosting the demand for polyvinyl alcohol films. Another factor driving the growth of this segment is the increasing demand for detergents in the hospitality, industrial, residential and commercial sector which has thereby, escalated the global polyvinyl alcohol films market.
LCD panels are projected to be valued at approximately USD 11.45 billion during the forecast period. This growth is attributed to the growing consumer electronics market across the globe. E-waste has emerged as a major concern leading to many health hazards. This aggravated the demand for biodegradable polarized PVA films in electronics, thus driving the market for polyvinyl alcohol films. The prosperous market for electronic gadgets and devices such as LCD panels, laptops, optical filters and sunglasses has boosted the market for polarized PVA films.
Geographically, North America is projected to hold the largest share for water soluble applications accounting for more than 30% of both, volume and revenue share, by 2025. Strict government regulations which have highly regulated the packaging market in the U.S. is the key factor driving the growth of PVA films market in the region. Rising detergent demand from several end-use industries such as restaurants, hospitals, domestic industries, and hotels are anticipated to propel North American market growth.
he prominent players operating in the global polyvinyl alcohol films market include AICELLO CORPORATION, MonoSol, LLC, Changzhou Water Soluble Co.Ltd., Kuraray Co. Ltd., Sekisui Specialty Chemicals, Nippon Gohsei, AMC (UK) Ltd., and Arrow GreenTech Ltd. among others. The technological advancements integrated by major players are expected to act as a catalyst in the growth of global polyvinyl alcohol films market.
Key segments of the Global Polyvinyl Alcohol (PVA) Films market
Application Overview, 2015-2025 (Tons) (USD Million)
Water Soluble
Detergent Packaging
Consumer Detergents
Industrial Detergents
Agrochemical Packaging
Laundry Bags
Embroidery
Others
Polarizer (Million square meters) (USD Million)
LCD Panels
Others (including sunglasses, optical filters etc.)
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What to expect from the upcoming report on ‘corrugated packaging market’:
- Future prospects and current trends of the corrugated packaging market by the end of forecast period. (2017 – 2025).
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
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