Polyvinyl Alcohol (PVOH) is a synthetic polymer created through the polymerization of vinyl acetate. It is a water-soluble synthetic resin that has a wide range of industrial applications, from textiles and paper production to oil and gas drilling. PVOH is an incredibly versatile material due to its ability to form strong, flexible gels and films.
PVOH is used in many industries because of its properties: it is strong and flexible, has excellent water solubility, and is resistant to oils, acids, bases, and alkalis. It is also heat and light stable, so it is often used as a protective coating or in adhesives.
The demand for PVOH has been steadily increasing over the past few years, especially in the textile and paper production industries. This is due to its ability to provide improved strength, flexibility, and cost-effectiveness in a wide range of products. Additionally, PVOH can be used to make biodegradable plastics, which are more environmentally friendly than traditional plastics. As such, the business of producing PVOH is booming.
Benefit of Starting Production of Polyvinyl Alcohol
Polyvinyl Alcohol, or PVA, is a versatile and affordable material that has become increasingly popular in a variety of industries. From medical applications to food packaging, the uses of PVA are becoming more and more widespread. As such, businesses are beginning to explore the potential of producing this material for their own use.
There are numerous benefits to starting production of Polyvinyl Alcohol. One of the most attractive aspects is that it is a cost-effective material that can be used in a wide range of applications. It is also very lightweight, making it easy to transport and store. Additionally, the material is highly durable and resistant to environmental damage, making it ideal for use in outdoor applications.
Another major advantage to PVA is its versatility. With its low melting point, it can be easily molded and shaped into a variety of forms, including films and coatings. This makes it suitable for use in a wide range of projects and products. For example, it can be used to coat medical devices, food packaging, and many other items.
Finally, PVA is also an environmentally friendly choice. The material is non-toxic and biodegradable, making it a great alternative to other materials that may cause harm to the environment. Furthermore, it does not produce any hazardous byproducts when heated or burned, ensuring that it has minimal impact on the environment.
Global Market outlook
Polyvinyl alcohol market is forecast to reach $1.09 billion by 2025, after growing at a CAGR of 5.58% during 2019-2025. Polyvinyl alcohol (PVOH) is widely used in the construction industry due to its various properties such as enhanced water solubility and particle size, adsorption strength, the viscosity of cement porous solution and static cement slurry filtration. Construction is a diverse industry expected to experience robust growth due to the growing development of infrastructure in the Asia Pacific, particularly in China, India, and Japan. Further, it enhances the overall market demand for polyvinyl alcohol during the forecast period.
The Building & Construction sector has been the primary market for polyvinyl alcohol for many years at a CAGR of 6.65%. To increase their cohesion and fluidic properties, polyvinyl alcohol is used as an additive in mortar and cement, reducing the drying time for the concrete surface. It increases the adaptability of the coating and avoids the chapping of concrete fabric. Because of the presence of emerging economies such as India, Indonesia, Vietnam and others in the region, the construction industry has seen strong growth in the Asia-Pacific region. The growing attractiveness of these markets has resulted in huge investments in these countries manufacturing and service sectors. This has further created demand for both commercials as well as residential infrastructures.
The polyvinyl alcohol business has experienced a dramatic rise in recent years due to the versatile nature of the material. It is widely used in a variety of applications such as medical equipment, film and coatings, as well as for printing and other processes. Additionally, polyvinyl alcohol offers superior performance characteristics such as heat resistance, chemical resistance, abrasion resistance, and adhesion strength. This makes it an ideal choice for many industries, ranging from automotive to biomedical. Furthermore, polyvinyl alcohol can be readily sourced in both bulk and specialty forms. With these advantages, it is no surprise that the polyvinyl alcohol industry is booming.
· Anhui Wanwei Group Co., Ltd
· Astrra Chemicals, Celanese Corporation
· Chang Chun Petrochemical Co., Ltd.
· Dow Dupont
· Eastman Chemical Company
· Japan VAM & Poval Co., Ltd
· Kuraray Co. Ltd
· Merck KGaA
· Nippon Synthetic Chemical Industry Co.
· OCI Corporation
· Polychem Limited
· Polysciences Inc.
· Sekisui Chemical Co., Ltd
· Sinopec Sichuan Vinolyn