Europe Polyvinyl Alcohol Market to Hit USD 1,418 Million by 2034, Driven by Rising Eco-friendly Packaging Demand

Europe polyvinyl alcohol industry is set to be valued at USD 829.7 million in 2024 and is projected to reach USD 1,418 million by 2034. The industry is anticipated to showcase a CAGR of 5.5% over the forecast period. The growing use of polyvinyl alcohol (PVA) in industries such as pharmaceuticals, agrochemicals, textiles, and cosmetics is anticipated to push sales.

The European Union (EU) is promoting the use of biodegradable and recyclable materials among diverse sectors. PVA is now being favored as an eco-friendly option for packaging mainly due to its biodegradable characteristics and non-toxic nature.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲, 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/report-sample#5245502d47422d3139363733

There have been changes in the healthcare sector with the adoption of biocompatible materials for medical purposes like contact lenses and surgical implants. PVA has become appropriate since it is non-toxic and biocompatible. Europe's food packaging industry is growing rapidly because of the increasing demand for convenient and sustainable food choices where PVA has become one of the preferred materials for use.

PVA has properties such as significant film-forming, emulsifying, and adhesive capabilities, making it an ideal solution for various applications such as adhesives, coatings, and materials used in 3D printing. Additionally, PVA exhibits resistance to oil, grease, and solvents.

It helps in showcasing high versatility across a wide range of applications. Its high tensile strength, flexibility, and excellent resistance to oxygen and aroma make it the material of choice in applications where such attributes are essential.

However, fluctuations in humidity levels can impact its performance, influencing existing properties under different environmental conditions. Hence, diverse range of properties and applications associated with PVA underscores its crucial role as a primary material in various applications.

"Presence of a well-established construction industry in Germany is anticipated to propel demand for PVA as the polymer is often used in joint cement, drywall mud, caulks, and sealants. Also, growing demand from pharmaceutical and food packaging firms will likely augment sales," - says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭

- Europe's PVA industry size is estimated to rise by 1.7x through 2034, with a significant 3.1% increase in expected CAGR compared to the historical one.
- Sales of polyvinyl alcohol in Europe grew at a CAGR of 2.4% between 2019 and 2023.
- Germany is set to hold around 22.8% of share in 2034.
- Sales of polyvinyl alcohol in France are projected to soar at a CAGR of around 6.1% during the assessment period.
- By end-use industry, the paper and textile segment is anticipated to witness a CAGR of 5% through 2034.

𝐓𝐨 𝐆𝐚𝐢𝐧 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐕𝐢𝐬𝐢𝐭! https://www.futuremarketinsights.com/reports/polyvinyl-alcohol-industry-analysis-in-europe

The cosmetics and personal care industry is driving the demand for PVOH (polyvinyl alcohol) due to its unique properties and versatility in various product applications. PVOH is used as a film-forming agent, thickener, and binder in a variety of cosmetic and personal care products, including face masks, hair styling agents, eye makeup, skincare products, and nail polish. The growth of the cosmetics and personal care industry is expected to continue as consumers increasingly seek new and innovative products for their beauty and grooming routines.

In addition to the cosmetics and personal care industry, the textile, packaging, and paper industries are also driving the demand for PVOH. In the textile industry, PVOH offers numerous advantages, such as water solubility, film-forming properties, adhesion, and flexibility. Its applications range from yarn sizing and dyeing/printing to fabric finishing and fiber spinning, making it a versatile polymer in textile processing.

In the packaging industry, PVOH is widely utilized due to its exceptional film-forming and barrier properties. PVOH films can be manufactured with different thicknesses and characteristics, making them suitable for a wide range of packaging applications.

In the paper industry, PVOH offers a range of applications due to its unique properties, such as paper coatings, surface sizing, fiber reinforcement, release liners, decorative laminates, and molding applications.

𝐒𝐭𝐚𝐲 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 - 𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐂𝐨𝐦𝐩𝐥𝐢𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! https://www.futuremarketinsights.com/report-sample#5245502d47422d3139363733

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Kuraray Co. Ltd., Sekisui Chemical Co, Ltd., Denka Company Limited, Mitsubishi Chemical Group Corporation, Thermo Fisher Scientific Inc., Merck KGaA, Wacker Chemie AG, Kanto Chemical Co. Inc., Chang Chun Group, Nacalai, Polysciences, Inc., Kishida Chemical, Co.,Ltd., and Intercol BV are the key companies profiled in the full version of the report. Leading PVA manufacturers and suppliers are actively investing in continuous research and developments to create new and advanced materials and improve manufacturing processes to cater to end-user needs.

Recent Development-

Amsterdam-based Nouryon introduced Berol Nexxt surfactant and the Dissolvine GL Premium chelating agent in October 2023. Dissolvine GL Premium is specially formulated for polyvinyl alcohol films. Berol Nexxt demonstrates exceptional performance in cold water cleaning.

𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞 𝐏𝐨𝐥𝐲𝐯𝐢𝐧𝐲𝐥 𝐀𝐥𝐜𝐨𝐡𝐨𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the Europe polyvinyl alcohol industry, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the region's industry potential, growth, and scope, the industry is segmented based on product type, grade, form, function, end-use industry, and country.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐏𝐨𝐥𝐲𝐦𝐞𝐫𝐬 & 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬! https://www.futuremarketinsights.com/industry-analysis/polymers-and-plastics

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧𝐬

By Product Type:

- fully hydrolyzed PVA,
- partially hydrolyzed,
- sub-partially hydrolyzed.

By Grade:

- Food grade,
- Industrial grade,
- Pharmaceutical grade.

By Form:

- Solid
- Liquid..

By Function:

- Binder/adhesive,
- Sizing agent,
- Intermediate,
- Additive.

By End-use Industry:

- Food and beverage,
- Pharmaceuticals,
- Cosmetics and personal care,
- Building and construction,
- Paper and textile,
- Packaging,
- Electronics,
- Agrochemicals.

By Country:

- Germany,
- Italy, France,
- United Kingdom,
- Spain,
- BENELUX,
- NORDICS,
- Russia,
- Poland,
- Europe.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐌𝐈'𝐬 𝐄𝐱𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐧 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬 & 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐃𝐨𝐦𝐚𝐢𝐧:

Polyvinyl Chloride Market: https://www.futuremarketinsights.com/reports/global-polyvinyl-chloride-market

Polyvinyl Butyral Market: https://www.futuremarketinsights.com/reports/polyvinyl-butyral-market

Polyvinylidene Fluoride (PVDF) Market: https://www.futuremarketinsights.com/reports/global-polyvinylidene-fluoride-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐅𝐌𝐈:  

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𝐀𝐛𝐨𝐮𝐭 𝐅𝐮𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 (𝐅𝐌𝐈) 

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