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The Polyvinyl Alcohol market size was valued at USD 1.4 billion in 2022 and will grow from USD 1.466 billion in 2023 to USD 1.938 billion by 2030 , during the forecast period (2023–2030). Growing consumer demand for food and eco-friendly packaging is the major market driver boosting the polyvinyl alcohol market. The widespread application of polyvinyl alcohol (PVA) in several end-use segments such as paper, textile, food packaging, construction, coatings, and pharmaceuticals is estimated to drive the global polyvinyl market in 2020. Its suitability for multiple industrial applications is another factor in expanding its market development. In addition, as awareness of maintaining a hygienic environment increases, the use of laundry bags and detergents is promoted, which has a positive effect on the market. In addition, functional properties such as excellent heat sealing, uniaxial tensile stress, and perfect adhesion to hydrophilic surfaces are expected to expand the global polyvinyl al...

  Global Polyvinyl Alcohol Market The global polyvinyl alcohol (PVA) market is currently standing at over USD 1300 Mn and is projected to expand at a compound annual growth rate of 4.59% over the forecast period of 2018–2023, reveals Market Research Future (MRFR) in an exhaustive study. The market for polyvinyl alcohol is showing positive growth trend owing to its extensive use in varied industry verticals. PVA finds application in the food packaging, coatings, textiles, construction, paper, and the pharmaceuticals industry. Among them, the packaging industry makes extensive use of polyvinyl alcohol. Polyvinyl alcohol is the preferred choice of materials for packaging as it exhibits the properties of solubility and biodegradability apart from being an excellent oxygen barrier. Increasing demand for packaged food among consumers is expected to spur the growth of the global Polyvinyl Alcohol Market . Mo0reover, polyvinyl alcohol has been gaining traction due to rising scrutiny o...