How big is the Polyvinyl Alcohol Market | Industry Analysis & Future Growth 2025

Code: MTA8633 Publication Date: Sep 2025

What is the size of Polyvinyl Alcohol Market?

According to 6Wresearch internal database and industry insights, the Global Polyvinyl Alcohol Market was valued at USD 1.6 billion in 2024 and is expected to reach USD 2.14 billion by 2031, growing at a CAGR of 5.4% during 2025-2031.

The demand for polyvinyl alcohol is rapidly increasing as industries continue to apply it to packaging films, adhesives, and coatings. The rising environmental concerns and the desire to support biodegradable alternatives are also driving demand. The increased consumption of textiles, construction, and pharmaceutical formulations will sustain market growth across multiple end-use industries.

Growth Factors for Polyvinyl Alcohol Market

  • Increasing consumption of water-soluble films for packaging in the food and chemical industries.
  • Rising demand for polyvinyl alcohol, viscous adhesives, emulsifiers, and coatings for industrial applications.
  • Increasing demand for polyvinyl alcohol in textile warp sizing and finishing.
  • Significant construction demand for cement additives used to increase durability and strength
  • Pharmaceutical applications, for drug delivery systems and tablet coatings, will continue to support market growth.

Polyvinyl Alcohol Market Trends

The Polyvinyl Alcohol Market trends highlight the increasing preference for sustainable packaging and water-soluble films in multiple industries. Manufacturers have also cited the use of naturally decomposable materials to comply with regulations and consumer preferences, which is beginning to impact industry strategies and investments as a whole.

Another notable trend in provided in the Polyvinyl Alcohol Market is the increasing use of high-performance grades for electronics, construction, and healthcare applications. Manufacturers have also noted their focus on expanding their product line to include more innovative technical biodegradable formulations, which is in response to a growing demand for environmentally efficient solutions.

Emerging Developments in the Polyvinyl Alcohol Market

The Polyvinyl Alcohol Market developments indicate a growing interest in integrating advanced processing technologies to improve quality, performance, and cost-effectiveness. Manufacturers focus on research investments to enhance polyvinyl alcohol's involvement across medical applications, including wound dressings and controlled drug release.

An additional development in the Polyvinyl Alcohol Market involves the expansion of production facilities in key regions to meet industrial growth. Partnerships and joint ventures are a certain trend in the market as many companies look to enhance distribution networks and improve ***** across a range of end-use markets.

List of Leading Companies in the Polyvinyl Alcohol Market

Some of the leading companies include:

  • Kuraray Co., Ltd.
  • Anhui Wanwei Group Co., Ltd.
  • Chang Chun Petrochemicals Co., Ltd.
  • Sinopec Sichuan Vinylon Works
  • Sekisui Chemical Co., Ltd.
  • Mitsubishi Chemical Corporation
  • Japan Vam & Poval Co., Ltd.
  • Merck KGaA
  • Wacker Chemie AG
  • Denka Company Limited

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