Polyvinyl alcohol (PVA) Films Market size over $9.4bn by 2024

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Polyvinyl alcohol (PVA) Films Market Size, Share
Forecast, 2016 2024
Polyvinyl alcohol Films Market size over 9.4bn
by 2024
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Global Market Scenario of PVA Films Industry

• Water Soluble Polyvinyl Alcohol Films Market size
  is forecast to reach USD 376 million by 2024 and
  Global Polarizer PVA Films Market size is set to
  be valued at USD 9.11 billion by 2024 according
  to a new research report by Global Market
  Insights, Inc.
• Growing concerns pertaining to waste dumping
  problems along with strict regulations has driven
  the emergence for biodegradable raw materials in
  packaging industry which may to favor polyvinyl
  alcohol films market size. Strong application
  outlook in from agrochemical detergent
  packaging solutions along with favorable
  government regulations owing to products
  non-toxic and biodegradable nature are major
  factors stimulating water soluble polyvinyl
  alcohol films market size.
• Detergent and agrochemicals are the major revenue
  contributing applications, surging penetration in
  these industries due to growth across BRICS
  economies along with increase in consumer
  purchasing power are key reasons driving product
  demand.

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Continue.....

• Increasing LCD panels demand owing to immense
  growth in electronics industry such as
  televisions, mobile phones, and laptops are major
  potential factors fostering PVA polarizer films
  market size. Detergent packaging has driven water
  soluble applications with projections to surpass
  USD 140 million by 2024. Industry shift towards
  biodegradable polymers due to health issues
  related to synthetic polymer usage has positively
  influenced polyvinyl alcohol films market size.
• North America, led by water soluble PVA films
  market size, was valued at over USD 78 million in
  2015. EPA approval for polymer usage in packaging
  for consumer goods accompanied by rising consumer
  health consciousness and preference for green
  products are promising factors to fuel regional
  demand.
• South Korea, Japan, China, and Taiwan are the
  major polarizer polyvinyl alcohol films regional
  industries. Presence of a number of electronics
  goods manufacturers accompanied by abundant raw
  material availability is the key factors which
  makes the region ideal for manufacturing. Strong
  capital requirements and critical technology acts
  as a barrier for new entrants. Technology
  innovation has helped to develop new products
  such as LED and AMOLED displays, creating threat
  for LCD panels which may eventually affect
  industry growth.
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Europe Water Soluble PVA Films Market size, by
application, 2013-2024 (USD Million)
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360 Analysis
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• Application Analysis
• Water soluble polyvinyl alcohol films market size
  may surpass by 25 kilo tons by 2024, and
  polarizer PVA films demand could witness more
  than 4.5 growth.
• Detergent packaging led the water soluble
  polyvinyl alcohol films application segment and
  was valued over USD 88 million in 2015.
  Non-toxicities and non-hazardousness accompanied
  by biodegradability are key factors driving
  product demand.
• Agrochemical packaging is the second fastest
  growing application, increasing at more than 4.5
  CAGR up to 2024.
• LCD panels dominated the PVA polarizer film
  application segment and were worth over USD 5
  billion in 2015. Increasing LCD usage in mobile
  devices, laptops, and televisions, accompanied by
  rise in consumer purchasing power are major
  factors contributing polarizer polyvinyl alcohol
  films market size growth.

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• Regional Analysis
• North America, led by water soluble PVA films
  market size, was valued at over USD 78 million in
  2015.
• South Korea, Japan, China, and Taiwan are the
  major polarizer polyvinyl alcohol films regional
  industries. Presence of a number of electronics
  goods manufacturers accompanied by abundant raw
  material availability is the key factors which
  makes the region ideal for manufacturing.
• APAC water soluble polyvinyl alcohol films market
  size, with packing industry growth in India and
  China, is forecast to observe highest gains at
  over 4.9 CAGR.
• South Korea led the polarizer PVA films market,
  the region is forecast to surpass USD 4.3 billion
  by 2024.
• China is projected to grow significantly for
  polarizer segment, growing at over 5.2 CAGR.

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• Competitive Market Share
• Global polarizer polyvinyl alcohol films market
  share is mainly dominated by Nippon Gohsei and
  Kuraray. Asia Pacific is the manufacturing hub
  due large number of electronic equipment
  companies present in the region.
• Global water soluble polyvinyl alcohol films
  market share is fairly oligopolistic in nature
  and is concentrated among top few market players.
  
• Global water soluble PVA market share is
  oligopolistic with key industry players such as
  Sekisui, MonoSol LLC, Aicello Corporation, Nippon
  Gohsei and Changzhou.

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