In 2023, the polyvinyl alcohol market in Asia, Europe, and North America experienced a downward price trend. In Asia, low demand from paper, food, and textile industries led to increased stockpiles and reduced production rates. In Europe, declining feedstock prices, high inventories, and competition from cheap imports weakened the market, resulting in falling prices. In North America, prices followed a similar trajectory due to declining feedstock prices, sufficient inventories, and low demand from downstream industries. Rising interest rates further contributed to the southward dive in polyvinyl alcohol prices in the region.
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Definition
Polyvinyl alcohol (PVA) is a water-soluble synthetic polymer derived from the polymerization of vinyl acetate and subsequent hydrolysis. It is known for its excellent film-forming and adhesive properties, as well as its biodegradability. PVA is widely used in various industrial applications, such as in the production of adhesives, coatings, and packaging materials. It also finds applications in the textile industry as a sizing agent and in papermaking as a binder. Additionally, PVA is used in pharmaceuticals, personal care products, and as a component in the production of water-soluble films and fibers.
Key Details About the Polyvinyl Alcohol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polyvinyl Alcohol in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Polyvinyl Alcohol Price Trend, including India Polyvinyl Alcohol price, USA Polyvinyl Alcohol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Polyvinyl Alcohol Price Trend:
Polyvinyl Alcohol (PVA) has diverse industrial applications due to its water-solubility, film-forming, and adhesive properties. It is used as a binder and coating agent in the paper and textile industries. PVA is a key component in the production of adhesives and sealants. It finds applications in the packaging industry, where it is used for water-soluble films and pouches. In pharmaceuticals, PVA is employed as a coating for tablets and capsules. It is also utilized in the construction industry for its water-retention capabilities in cement and mortar formulations. Additionally, PVA is present in various personal care and cosmetic products.
Key Players:
- E.I. dupont de Nemours and Company
- Nippon Synthetic Chemical Industry Co.
- Eastman Chemical Company
- Sekisui Chemical Co. Ltd
- Kuraray Co Ltd
- Sinopec Sichuan Vinylon
- Anhui Wanwei Group Co Ltd.
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