India Polyvinyl alcohol Market (2024-2030) Outlook | Share, Size, Growth, Industry, Value, Revenue, Companies, Trends, Forecast & Analysis

Market Forecast By Grade (Partially Hydrolyzed, Fully Hydrolyzed), By End-use Industry (Food Packaging, Textile, Paper, Medical, Construction, Electronics) And Competitive Landscape

Product Code: ETC092083	Publication Date: Aug 2023	Updated Date: Apr 2024	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Report Description
Related Topics

India Polyvinyl alcohol Market Shipment Analysis

India Polyvinyl alcohol Market registered a growth of 63.81% in value shipments in 2022 as compared to 2021 and an increase of 6.9% CAGR in 2022 over a period of 2017. In Polyvinyl alcohol Market India is becoming less competitive as HHI index in 2022 was 3269 while in 2017 it was 2322. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Polyvinyl alcohol Market.

India Polyvinyl alcohol Market Competition 2023

India Export Potential Assessment For Polyvinyl alcohol Market (Values in Thousand)

India Polyvinyl alcohol Market Synopsis

The India polyvinyl alcohol (PVA) market was valued at US$ 747.6 Mn in 2019 and is projected to expand at a CAGR of 5.7% from 2020 to 2030. PVA is a synthetic polymer with properties such as water-solubility, film-forming ability, biodegradability, and adhesion to many surfaces including glass & metals without requiring tie layers. Increasing use of PVA in various end use industries such as pharmaceuticals, textiles, paints & coatings is expected drive the demand for the product during the forecast period. Furthermore growing awareness about ecofriendly products among consumers along with increasing investments by companies to develop new technologies are some other factors which will further propel growth of the India polyvinyl alcohol market in coming years.

Market Drivers

The major drivers influencing growth of India polyvinyl alcohol market include increasing use of PVA in various industrial applications due its excellent insulation property; rising investment and R&D activities for development of novel technologies; rapid urbanization that has resulted into improvement in living standards across developing countries; increase government focus on renewable resources for sustainable development and stringent regulations imposed by the governments against hazardous chemicals driving adoption of ecofriendly materials among manufacturers etc.

Challenges of the Market

The major challenge faced by players operating in this industry includes high cost associated with production processes owing to availability raw materials used for manufacturing PVA and difficulty experienced while disposal or recycling process due presence toxic gases released during burning etc.

Key Players in the Market

Some key players operating in India polyvinyl alcohol market include BASF SE., Clariant AG , Evonik Industries , LG Chem Ltd., Kuraray Co., Ltd., Mitsubishi Chemical Corporation , Asahi Kasei Corporation , Dairen Chemical Corp., Formosa Plastics Group Wacker Chemie AG etc.

Key Highlights of the Report:

India Polyvinyl alcohol Market Outlook
Market Size of India Polyvinyl alcohol Market, 2020
Forecast of India Polyvinyl alcohol Market, 2027
Historical Data and Forecast of India Polyvinyl alcohol Revenues & Volume for the Period 2023 - 2027
India Polyvinyl alcohol Market Trend Evolution
India Polyvinyl alcohol Market Drivers and Challenges
India Polyvinyl alcohol Price Trends
India Polyvinyl alcohol Porter's Five Forces
India Polyvinyl alcohol Industry Life Cycle
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Grade for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Partially Hydrolyzed for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Fully Hydrolyzed for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By End-use Industry for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Food Packaging for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Textile for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Paper for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Medical for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Construction for the Period 2023 - 2027
Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Electronics for the Period 2023 - 2027
India Polyvinyl alcohol Import Export Trade Statistics
Market Opportunity Assessment By Grade
Market Opportunity Assessment By End-use Industry
India Polyvinyl alcohol Top Companies Market Share
India Polyvinyl alcohol Competitive Benchmarking By Technical and Operational Parameters
India Polyvinyl alcohol Company Profiles
India Polyvinyl alcohol Key Strategic Recommendations