Polyvinyl Alcohol Films Market Growth Factors, Latest Trend And Regional Analysis Of Leading Players By 2024
Global regulatory bodies & private organizations have been undertaking numerus steps to reduce pollution levels. Polyvinyl Alcohol (PVA) Films Market is expected to witness lucrative growth prospects subject to this very factor.
Selbyville, United States – August 7, 2019 /MarketersMedia/ —
According to a new research report by Global Market Insights, Inc. Worldwide Polyvinyl Polyvinyl Alcohol (PVA) Films Market will surpass a revenue collection of USD 9 billion by 2024Global regulatory bodies & private organizations have been undertaking numerus steps to reduce pollution levels. Polyvinyl Alcohol (PVA) Films Market is expected to witness lucrative growth prospects subject to this very factor.
A paradigm shift has been observed in consumer preferences toward biodegradable packaging solutions, which will fuel the product demand. Certain materials are strictly restricted for usage in the packaging industry. The stringent enforcement of these regulations coupled with the changing living standards of people will push the growth of polyvinyl alcohol films market.
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Pertaining to the superior properties of biodegradability, water solubility, and low toxicity, polyvinyl alcohol films are primarily used in detergents Polyvinyl Alcohol (PVA) Films Market share from detergent packaging applications will exhibit the highest annual growth rate of 4.4% over the coming seven years. The escalating usage of the product for industrial and residential detergents will augment the industry growth.
Growth drivers are
1. Robust growth in automobile and aerospace industry
2. Increasing product demand in Asia Pacific
Surging spending capability of consumers will lead to an increased deployment of laundry services, Polyvinyl Alcohol (PVA) Films Market are used to manufacture laundry bags, which will propel polyvinyl alcohol films market considerably. Besides, PVA polymers are used in the agrochemical and embroidery domains. Asia Pacific water soluble polyvinyl alcohol (PVA) films industry volume will reach up to 6,268 tons by 2024 with an annual growth rate of 5% over the period of 2016 to 2024.
Growing laundry, agrochemical, and embroidery sectors will fuel the product demand noticeably. Moreover, the escalating growth of the electronic sector, mainly across Japan, South Korea, and China will contribute significantly toward Polyvinyl alcohol market share, as electronic gadgets such as mobile phones, LCD panels, sunglasses, smartphones are adopted increasingly across these regions.
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Water soluble Polyvinyl Alcohol (PVA) Films Market collected a revenue of USD 241 million in 2015 and will collect considerable revenue of USD 376 million by the end of 2024. North America water soluble polyvinyl alcohol films industry will cover maximum regional revenue share over the years ahead, driven by the growing packaging sector. U.S. is slated to be the prominent revenue contributor toward the market growth.
Agrochemical packaging application of the water soluble Polyvinyl Alcohol (PVA) Films Market will register an annual growth rate of 4.2% over the years ahead to collect a volume of 8,033 tons by 2024. Growing demand for the agrochemical such as pesticides, fertilizers, and insecticides across the globe will influence water soluble polyvinyl alcohol films market share considerably.
Partial Chapter of the Table of Content:
Chapter 3 Polyvinyl alcohol films Industry Insights
3.1 Industry Segmentation
3.2 Industry Size and forecast, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Vendox matrix
3.4 Industry Impact forces
3.4.1 Growth drivers
3.4.1.1 Robust growth in automobile and aerospace industry
3.4.1.2 Increasing product demand in Asia Pacific
3.4.2 Industry pitfalls and challenges
3.4.2.1 Government regulations and replacement of metalworking process
3.5 Growth potential analysis
3.6 Porter’s analysis
3.7 Company market share analysis, 2015
3.7.1 Strategic landscape
3.8 PESTEL analysis
3.9 Polyvinyl alcohol films price trends analysis
3.9.1 Cost structure
3.9.2 Raw material analysis
3.10 Regulatory landscape
3.10.1 U.S
3.10.2 Europe
3.10.3 China
Chapter 4 Polyvinyl Alcohol (PVA) Films Market Application Insights
4.1 Global water soluble PVA films market share by product, 2015 & 2024
4.2 Detergent Packaging
4.2.1 Global market estimates and forecast, 2013 – 2024
4.2.2 Global market estimates and forecast, by region, 2013 – 2024
4.2.3…… Consumer Detergents
4.2.3.1… Global market estimates and forecast, 2013 – 2024
4.2.3.2… Global market estimates and forecast, by region, 2013 – 2024
4.2.4…… Industrial Detergents
4.2.4.1… Global market estimates and forecast, 2013 – 2024
4.2.4.2… Global market estimates and forecast, by region, 2013 – 2024
4.5 Agrochemical Packaging
4.5.1 Global market estimates and forecast, 2013 – 2024
4.5.2 Global market estimates and forecast, by region, 2013 – 2024
4.6 Laundry Bags
4.6.1 Global market estimates and forecast, 2013 – 2024
4.6.2 Global market estimates and forecast, by region, 2013 – 2024
4.7 Embroidery
4.7.1 Global market estimates and forecast, 2013 – 2024
4.7.2 Global market estimates and forecast, by region, 2013 – 2024
4.8 Others
4.8.1 Global market estimates and forecast, 2013 – 2024
4.8.2 Global market estimates and forecast, by region, 2013 – 2024
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The notable players in Polyvinyl Alcohol (PVA) Films Market are Jiangmen Proudly, Nippon Gohsei, Changzhou United Chemical Co.,Ltd., MonoSol LLC., Aicello Chemicals, and Sekisui Specialty Chemicals
Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/polyvinyl-alcohol-PVA-films-market
Source: MarketersMedia
Release ID: 88905036
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