Kuraray Europe GmbH a global specialty chemicals company announced its establishment plan of a new polyvinyl alcohol water-soluble film plant in Poland, which will expectedly begin production in mid-2022.
Polymers such as polyvinyl alcohol are likely to expand due to increasing awareness among people about plastic pollution.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3664
Published Date: Sep 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand for polyvinyl alcohol from the textile, paper, construction, and many other end-use industries are the major factors driving the market growth.
The market size of polyvinyl alcohol is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Wacker Chemie AG, Chang Chun Petrochemical Co. Ltd, Kuraray Europe GmbH, Catalog TRInternational, Inc, Applied Rapid Technologies., Kuraray Co., Ltd., SEKISUI Specialty Chemical, Mitsubishi Chemical Group (MCG Group), Asahi Kasei Corporation., Daikin Industries, Ltd. and others.
The food packaging segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.