Latin America Polyvinyl Alcohol Fibers Market Size, Scope, Growth, Competitive Analysis 2022

Precision Business Insights published a research report on "Latin America Polyvinyl Alcohol Fibers Market: By Product (Filaments, and Staples), By Application (Cement Additives, Textiles, Nonwovens, Others (Fishing Net, Tire Cords, and Ropes)), - Global/Region/Country Forecast to 2028"

PVA (polyvinyl alcohol) is a water-soluble, hydrophilic, colourless synthetic polymer with excellent film-forming and adhesive properties. It's manufactured by polymerizing and then hydrolyzing vinyl acetate monomer, and it's employed in a range of industries, particularly food packaging, paper, and textiles. The global polyvinyl alcohols market is expected to increase in the coming years due to widespread use in a variety of industries. In the food packaging industry, PVA is primarily used as a coating and binding agent. It's used as a film coating agent in applications that require moisture resistance or protection. PVA hides the flavour and odour of active food ingredients while protecting them from moisture, oxygen, and other environmental elements. It facilitates consuming and swallowing, as well as easy handling of completed goods. PVA coating agents can also be used on capsules, tablets, and other forms where film coatings are generally applied at high solids contents due to their viscosity. The COVID-19 epidemic in Latin America had an influence on the Latin America Polyvinyl Alcohol Fibers in 2020 due to the rigorous application of lockdown. Construction activities in Latin America have been impeded by a labour scarcity resulting from social distance rules.

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Construction is a diverse industry that is expected to expand significantly across Asia Pacific, particularly in Japan, India, and China, as infrastructure development accelerates. It also enhances total polyvinyl alcohol market demand for the entire forecast year. Rising demand for bio-based polyvinyl alcohol products is expected to be a prominent driver of the global polyvinyl alcohols market over the forecast period. There has been a tremendous need for sustainable product packaging as a result of severe disposal rules and dwindling landfill supply.

On the basis of product, the market is bifurcated into Filaments and Staples. On the basis of application, the market is segregated into Cement Additives, Textiles, Nonwovens, and Others (including Fishing Nets, Tire Cords, and Ropes)
The rising use of polyvinyl alcohol fibres as a substitute for asbestos in cement additive applications is expected to drive up demand for these fibres in Latin America. In the foreseeable future, Latin America's demand for polyvinyl alcohol fibres is expected to skyrocket. In terms of demand, Latin America accounted for a modest portion of the worldwide polyvinyl alcohol fibres market in 2017. However, in the coming years, they are expected to provide profitable prospects for polyvinyl alcohol fibre makers. For a variety of reasons, comprising cement porous solution viscosity, static cement slurry filtering, enhanced water solubility as well as particle size, and adsorption strength, polyvinyl alcohol (PVOH) is widely used in the construction industry.

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There are several industry players working in the Latin America Sodium Sulfate Market, which include I. du Pont de Nemours and Company, Nippon Synthetic Chemical Industry Co., Eastman Chemical Company, Sekisui Chemical Co. Ltd., Kuraray Co. Ltd.

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