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Poly Vinyl alcohol (PVA) Fiber Market Research 2021-2030: Global Industry size to reach $710.3 million by 2030
Poly Vinyl Alcohol Fiber Market
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Poly Vinyl alcohol (PVA) Fiber Market growth is propelled by increase in the demand for cement in the construction sector and rise in demand for poly vinyl alcohol fiber in the textile industry. On the other hand, fluctuations in price in petrochemical feedstock hinder the growth of the market. On the contrary, rapid innovations to overcome challenges in the market and the growing demand from developing countries are expected to create many opportunities for the market players in the future.
Based on product, the staple segment accounted for the largest market share in 2020, contributing to nearly three-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the filament fiber segment is estimated to witness the fastest CAGR of 4.6% from 2021 to 2030.
Based on application, the textile segment contributed to the highest market share in 2020, contributing to more than two-fifths of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the non-woven fabrics segment is expected to manifest the fastest CAGR of 4.9% from 2021-2030.
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Based on region, Asia-Pacific, followed by Europe and North America contributed to the highest share in 2020, holding nearly two-fifths of the total share, and is expected to maintain dominance throughout the forecast period. On the other hand, LAMEA is expected to portray the fastest CAGR of 5.2% during the forecast period.
Key players of the global poly vinyl alcohol (PVA) fiber market analyzed in the research include Eastman Chemical Company, Mitsubishi Chemical Corporation, EI du Pont de Nemours and Company, KURARAY CO., LTD., BouLing Chemical Co., MiniFIBERS, Inc., Limited, Sinopec Sichuan Vinylon, UNITIKA LTD., Hunan Xiangwei Co., Ltd., Nycon, and Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd.
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Key benefits for stakeholders:
This report provides a detailed quantitative analysis of the current poly vinyl alcohol fiber market trends and estimations from 2020 to 2030, which assists to identify the prevailing opportunities.
An in-depth poly vinyl alcohol fiber market analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the poly vinyl alcohol fiber market is provided.
Region-wise and country-wise market conditions are comprehensively analyzed in this report.
The projections in this report are made by analyzing the current trends and future market potential from 2019 to 2026 in terms of value.
An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the global poly vinyl alcohol fiber market.
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