Polyvinyl Alcohol Fiber Market Scope 2022 | Industry Size, CAGR, Competitive Analysis, Industry Dynamics & Estimation By Forecast 2030
Polyvinyl Alcohol Fiber Market Research 2022-2030
Polyvinyl alcohol (PVA) fibers are used in many sectors, especially in the construction sector. A new report on the global polyvinyl alcohol fiber market, published by Market Research Future (MRFR), predicts that this market could figure a proliferation at 3.39% CAGR during forecast. In terms of value, the market can be worth USD 409.14 Mn by the end of the forecast period.
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The biggest market drivers for the global polyvinyl alcohol fiber market growth include the widespread industrial application of PVA fiber in various sectors and subsequent increase in capacity. Other factors for market growth include the growth of the global construction sector and the global textile sector. In the emerging economies, construction of architecture and infrastructure development are inviting more investments into the polyvinyl alcohol fiber market. Increasing industrialization and urbanization play an important role in the growth of the construction sector. PVC is extensively used for making fiber cement boards, pipes, and tiles. PVC is also used for advanced road construction, airport runways, bridges, and tunnels. However, rising prices of raw materials can impede market growth.
Market Segmentation
The global polyvinyl alcohol fiber market segmentation encompasses application and types. MRFR’s take on the market explores various facets of the market in-depth.
The application-based segmentation of this market covers construction, filter & non-woven, paper, ropes & fishing nets, textile & apparel, and others. During the forecast period, the construction segment is likely to hold the lion’s share in the market. Polyvinyl alcohol fiber is heavily used in the construction sector due to its molecular bond with concrete and mortar. Hence, the growth of construction sector can create further opportunities for the global polyvinyl alcohol fiber market.
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By type, the market has been segmented into high strength modulus and water-soluble. During the forecast period, the high strength modulus segment can hold the major market share, reaching the market worth of USD 248.34 Mn. On the other hand, the water-soluble segment has been projected to thrive at 2.68% CAGR at this time.
Key Players
Prominent players in the global polyvinyl alcohol fiber market include Anhui Wanwei Group Co. Ltd. (China), Bouling Chemical Co. Limited (China), Hunan Xiangwei Co. Ltd. (China), Kuraray Co. Ltd. (Japan), Inner Mongolia Shuangxin Environment-Friendly Material Co. Ltd. (China), MiniFIBERS Inc. (USA), New York Council of Nonprofits Inc. (NYCON) (USA), Ningxia Dadi Circular Development Corp. Ltd. (China), Sinopec Sichuan Vinylon Works (China), and Unitika Ltd. (Japan).
Regional Segmentation
A geographical outlining of the global polyvinyl alcohol fiber market research covers Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa (MEA).
In the Asia Pacific region, economic growth can resonate significant opportunities for market growth, making it the largest regional market. Rapid developments in the industrial sector and construction sector are leading to market growth. Most of the important market players in the global market are based in China. Other important country-specific markets in this region are Cambodia, India, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
Europe has been prognosticated to hold the second-highest position in the global market with the market value of USD 88.76 Mn by the end of the forecast period. The cream of the market revenue in Europe comes from Belgium, France, Germany, Italy, Russia, Spain, and the UK.
Led by the USA, the market in North America is expected to rise at 2.94% CAGR during the forecast period. Canada is the second revenue contributor to the North American market. Key market players in this region are based in the USA.
During the forecast period, the market growth in Latin America and MEA region is expected to be faster than that of Europe and North America. In Latin America, maximum revenue comes from Argentina, Brazil, and Mexico. In the MEA region, the biggest country-specific markets are Iran, Saudi Arabia, UAE, and North Africa.
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Latest Industry News
- Sekisui Specialty Chemicals is set to increase the global price of Selvol® Polyvinyl Alcohol, Selvol Premiol®, Selvol Ultiloc®, Selvol Ultalux®, and up to $110/mT or €110/mT. 1 APR 2019. The company is taking this step to meet the rising raw material prices.
Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 17
2.2 Scope Of The Study 17
2.3 List Of Assumptions 18
2.4 Market Structure 18
3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 22
3.5 Forecast Model 23
4 Market Dynamics
4.1 Introduction 25
4.2 Drivers 25
4.2.1 Growing Demand From The Construction Industry 25
4.2.2 Rising Adoption In The Textile Industry 26
4.3 Restraints 27
4.3.1 Increase In Raw Material Prices 27
4.4 Trends And Opportunities 27
4.4.1 Growing Application In Papermaking 27
5 Market Factor Analysis
5.1 Supply Chain Analysis 29
5.1.1 Raw Material Suppliers 29
5.1.2 Polyvinyl Alcohol Fiber Manufacturers 29
5.1.3 Distribution Channel 29
5.1.4 End-User Application Industry 30
5.2 Porter’s Five Forces Analysis 30
5.2.1 Threat Of New Entrants 30
5.2.2 Threat Of Rivalry 30
5.2.3 Threat Of Substitutes 31
5.2.4 Bargaining Power Of Suppliers 31
5.2.5 Bargaining Power Of Buyers 31
6 Global Polyvinyl Alcohol Fiber Market, By Type
6.1 Introduction 33
6.2 High Strength Modulus 34
6.3 Water Soluble 36
7 Global Polyvinyl Alcohol Fiber Market, By Application
7.1 Introduction 39
7.2 Construction 41
7.3 Textile And Apparel 42
7.4 Paper 43
7.5 Ropes And Fishing Nets 44
7.6 Filter And Non-Woven 45
7.7 Others 46
8 Global Polyvinyl Alcohol Fiber Market, By Region
8.1 Introduction 49
8.2 North America 52
8.2.1 US 54
8.2.2 Canada 56
8.3 Europe 57
8.3.1 Germany 60
8.3.2 Russia 61
8.3.3 France 63
8.3.4 Italy 64
8.3.5 UK 66
8.3.6 Spain 67
8.3.7 Belgium 69
8.3.8 Rest Of Europe 70
8.4 Asia Pacific 72
8.4.1 China 74
8.4.2 Japan 76
8.4.3 ASEAN 77
8.4.4 India 79
8.4.5 Rest Of Asia Pacific 80
8.5 Latin America 82
8.5.1 Brazil 84
8.5.2 Mexico 86
8.5.3 Argentina 87
8.5.4 Rest Of Latin America 89
8.6 Middle East & Africa 90
8.6.1 Turkey 93
8.6.2 North Africa 94
8.6.3 Iran 96
8.6.4 UAE 97
8.6.5 Saudi Arabia 99
8.6.6 Rest Of Middle East & Africa 100
9 Competitive Landscape
9.1 Introduction 103
9.2 Global Market Share 103
9.3 Production Capacity 103
10 Company Profiles
10.1 KURARAY CO., LTD. 106
10.1.1 Company Overview 106
10.1.2 Financial Overview 106
10.1.3 Products Offered 107
10.1.4 Key Developments 107
10.1.5 SWOT Analysis 107
10.1.6 Key Strategy 107
10.2 UNITIKA LTD. 108
10.2.1 Company Overview 108
10.2.2 Financial Overview 108
10.2.3 Products Offered 109
10.2.4 Key News 109
10.2.5 SWOT Analysis 110
10.2.6 Key Strategy 110
10.3 NYCON 111
10.3.1 Company Overview 111
10.3.2 Financial Overview 111
10.3.3 Products Offered 111
10.3.4 SWOT Analysis 111
10.3.5 Key Strategy 111
10.4 Anhui Wanwei Group 112
10.4.1 Company Overview 112
10.4.2 Financial Overview 112
10.4.3 Products Offered 112
10.4.4 SWOT Analysis 112
10.4.5 Key Strategy 112
10.5 Sinopec Sichuan Vinylon Works 113
10.5.1 Company Overview 113
10.5.2 Financial Overview 113
10.5.3 Products Offered 114
10.5.4 SWOT Analysis 114
10.5.5 Key Strategy 114
10.6 Hunan Xiangwei Co., Ltd. 115
10.6.1 Company Overview 115
10.6.2 Financial Overview 115
10.6.3 Products Offered 115
10.6.4 Key Developments 115
10.6.5 SWOT Analysis 116
10.6.6 Key Strategy 116
10.7 Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd. 117
10.7.1 Company Overview 117
10.7.2 Financial Overview 117
10.7.3 Products Offered 117
10.7.4 SWOT Analysis 118
10.7.5 Key Strategy 118
10.8 BouLing Chemical Co., Limited 119
10.8.1 Company Overview 119
10.8.2 Financial Overview 119
10.8.3 Products Offered 119
10.8.4 SWOT Analysis 119
10.8.5 Key Strategy 119
10.9 Ningxia Dadi Circular Development Corp. Ltd. 120
10.9.1 Company Overview 120
10.9.2 Financial Overview 120
10.9.3 Products Offered 120
10.9.4 SWOT Analysis 120
10.9.5 Key Strategy 120
10.10 MiniFIBERS, Inc. 121
10.10.1 Company Overview 121
10.10.2 Financial Overview 121
10.10.3 Products Offered 121
10.10.4 SWOT Analysis 121
10.10.5 Key Strategy 121
11 Conclusion
11.1 Key Findings 123
11.1.1 CEO’s Viewpoint 123
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