"Global Polyvinyl Alcohol Films Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global polyvinyl alcohol films market report has been segmented on the basis of application and region.
Global Polyvinyl Alcohol Films Market: Introduction
Polyvinyl alcohol films are a water-soluble and biodegradable film. These films are used in packaging of agrochemicals, detergents, water treatment chemicals, sunglass, and polarizer films.
Global Polyvinyl Alcohol Films Market: Dynamics
Increasing demand for polyvinyl alcohol films in applications such as detergent packaging, LCD panels, and agrochemicals is expected to drive revenue growth of the target market over the forecast period. Rising concerns regarding health hazards associated with the disposal of waste packaging products is expected to boost the demand for biodegradable packaging materials, which in turn drive the revenue growth of the global market. Moreover, rising demand for agrochemicals such as fertilizers, pesticides, and others to increase the crop yield in developing countries is expected to support revenue growth of the global target market over the forecast period. Furthermore, stringent government regulations regarding the use of non-disposable packaging materials is projected to drive the revenue growth of the potential market.
However, the high cost of polyvinyl alcohol films as compared to other conventional packaging materials is expected to hamper revenue growth of target market over the forecast period.
Global Polyvinyl Alcohol Films Market: Application Analysis
Among application segments, the detergent packaging segment is projected to account significant revenue share in the target market. Growing demand for detergent in industrial and household application is a major factor projected to drive the growth of this segment over the forecast period. Moreover, low-toxic nature, water-soluble, and biodegradable properties of polyvinyl alcohol films used in detergent packaging is another factor expected to support revenue growth of this segment.
The LCD panels segment is projected to grow at a higher growth rate in terms of revenue in the potential market over the forecast period. Increasing demand for LCD panels in various applications is estimated to support revenue growth of the segment.
Global Polyvinyl Alcohol Films Market: Regional Insights
North America polyvinyl alcohol films market is expected to account major revenue share in the global potential market. Increasing demand for detergent in various end-use industries such as commercial and domestic sectors is major factors projected to drive revenue growth of target market. Moreover, rising demand for laundry bags in the region is another factor anticipated to support revenue growth of polyvinyl alcohol films market in North America over the forecast period.
North American accounts for the major revenue share in the global polyvinyl alcohol films market, followed by markets in Asia Pacific and Europe. The polyvinyl alcohol films market in Asia Pacific is expected to grow at a steady rate over the forecast period. Increasing demand for agrochemicals to increase the overall productivity owing to rising population in the countries such as India and China is expected drive revenue growth of Asia Pacific polyvinyl alcohol films market. China is expected to account major share in terms of revenue in the Asia Pacific Market. Moreover, rising demand for detergent in the region is another factor expected to drive revenue growth of polyvinyl alcohol films market in Asia Pacific.
Global Polyvinyl Alcohol Films Market Segmentation:
Segmentation by Vehicle:
- Detergent Packaging
- Agrochemical Packaging
- Laundry Bags
- Polarizer Film
- LCD panels
- Others (optical filters, sunglasses, etc.)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- AICELLO CORPORATION
- Nippon Synthetic Chemical Industry Co., Ltd.
- Kuraray Co. Ltd.
- Sekisui Specialty Chemicals America, LLC
- Arrow GreenTech Ltd.
- MonoSol LLC
- Cortec Corporation
- Changzhou Water Soluble Co. Ltd.
- AMC (UK) Ltd.
- MSD Corporation
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