Polyvinyl Alcohol Fibers Market Overview, Share, Growth | Global Forecast Report 2028

The research report "Polyvinyl Alcohol Fibers Market: By Product (Filaments, and Staples), By Application (Cement Additives, Textiles, Nonwovens, Others (Fishing Net, Tire Cords, and Ropes)), and Geography- Global/Region/Country Forecast to 2028." The global polyvinyl alcohol fibers market is anticipated to be valued at US$ 461 Mn in 2021 and poised to grow at a significant CAGR rate of 5% over the period 2022-2028 to reach 651 million by 2028.

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An overview on the Global Polyvinyl Alcohol Fibers Market:
PVA (polyvinyl alcohol) is used in the wet spinning method to create synthetic fibers. It is a water-soluble synthetic polymer. It is abrasion and wrinkle resistant. PVA fibers have a higher hygroscopicity than any other synthetic fiber. The global polyvinyl alcohol fibers market is categorized into staples and filaments on the basis of product. Staples sector is anticipated to lead the market because of its huge array of application such as nonwoven materials, textiles and cement additives. Staples are even used in the formation of yarns. Increase in the application of staples for different purposes is going to create a demand for the growth of staples in the market. The global polyvinyl alcohol fiber market is anticipated to rise because of increased use of polyvinyl alcohol fiber in the textile industry and increased demand for cement in the building industry. Global polyvinyl alcohol fibers market anticipated to grow significantly during future period because of the increasing application of polyvinyl alcohol fibers as reinforcement in concrete and as a lubricant. But, the changing prices of raw materials and presence of substitute will hamper the market growth.

Asia Pacific accounted for major revenue share in the Global Polyvinyl Alcohol Fibers Market
The global polyvinyl alcohol fibers market report aims at providing complete outlook on market across the globe with special emphasis on the leading regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Among these regions, Asia Pacific got larger share in global polyvinyl alcohol fibers market because of the major production of polyvinyl alcohol fibers. North America polyvinyl alcohol fibers market is estimated to witness moderate CAGR due to the increasing use of polyvinyl alcohol as an alternate for asbestos. Europe exhibits a considerable growth in polyvinyl alcohol fibers market because of the increased application of polyvinyl alcohol fibers as reinforcement in concrete. Latin America market also grows at significant rate because of the growing demand for polyvinyl alcohol fibers from textile industry. Middle East and Africa polyvinyl alcohol fibers market is also likely to rise during the forthcoming years owing to increase in the use of polyvinyl alcohol as a substitute for asbestos.

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Competitive Analysis - Global Polyvinyl Alcohol Fibers Market
Major players working in the global polyvinyl alcohol fibers market are I. du Pont de Nemours and Company, Eastman Chemical Company and Sekisui Chemical Co. Ltd.

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