Polyvinyl Alcohol Market: By Grade (Fully Hydrolized, Partially Hydrolized, Sub-Partially Hydrolized, Low Foaming Grades, and Others (Tactified Grades, Fine Particle Grades)), By End User (Paper, Food Packaging, Construction, Electronics, and Others), and Geography  

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Polyvinyl Alcohol Market size was valued USD 682.1 million in 2022 and growing at a CAGR of 7.2% during the forecast period 2023-2029. The owing to rising demand for bio-based packaging coupled with growing investments in constructional activities and high use of polyvinyl alcohol in electronics sector is expected to drive the growth of the market over the forecast period. Furthermore, polyvinyl alcohol is used in wide range of applications in various industries such as paper, construction, electronics, textiles, and in medical sector. Because of its non-toxic and moisture and air barrier qualities, PVA is widely utilised as a binding and coating agent in food packaging materials. The market is also growing due to the extensive use of PVA in the production of water-soluble and disposable packaging  for detergents, dyes, and agricultural products. It can also be made into solid sheets, tapes, or strings to make mesh stocking for fishing and other nautical activities. Other key growth-inducing aspects include numerous product breakthroughs, such as the invention of PVA-based bio composite films. The biodegradability, water absorption, and filler loading capabilities of these films are all increased. However, its hazardous properties are estimated to restrain the growth of the market. This report studies global polyvinyl alcohol market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Global Polyvinyl Alcohol Market Summary

Study Period


Base Year




Largest Market


Fastest Growing Market

Polyvinyl Alcohol Market Dynamics

Polyvinyl alcohol is used as an additive in sealants and cement in order to intensify their cohesion and fluidic properties, lessening the drying time for the concrete surface. This surges the coating adaptableness and precludes concrete cloth from chapping. High investments in the manufacturing and service sectors of the Asian countries have created huge opportunity for the polyvinyl chloride in the global market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Polyvinyl Alcohol Market Segmentation

By Grade
  • Fully Hydrolized
  • Partially Hydrolized
  • Sub-Partially Hydrolized
  • Low Foaming Grades
  • Others (Tactified Grades, Fine Particle Grades)
By End-User
  • Paper
  • Food Packaging
  • Construction
  • Electronics
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The polyvinyl alcohol market is projected to expand at a CAGR of 7.2% during the forecast period  

Sinopec Sichuan Vinylon, Anhui Wanwei Group Co., Ltd, 3M Company, BASF SE, Nippon Gohsei, Polysciences, Inc.

North America is the fastest-growing region for the polyvinyl alcohol market

  • Sinopec Sichuan Vinylon
  • Anhui Wanwei Group Co., Ltd.
  • 3M Company
  • Nippon Gohsei
  • Polysciences, Inc.
  • Sekisui Chemical Co. Ltd.
  • Kuraray Co. Ltd.
  • I. du Pont de Nemours and Company
  • Nippon Synthetic Chemical Industry Co.
  • Eastman Chemical Company
  • Bostik

Adjacent Markets