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Global Polyvinyl Alcohol Films Market - High Demand from APAC to Boost Growth| Technavio

The global polyvinyl alcohol films market is expected to grow at a CAGR of close to 6% from 2018-2022, according to a new market research report by Technavio.

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Technavio has published a new market research report on the global polyvinyl alcohol films market 20 ...

Technavio has published a new market research report on the global polyvinyl alcohol films market 2018-2022 under their chemicals and materials library. (Graphic: Business Wire)

Global polyvinyl alcohol films market segmentation by type and geography

Technavio’s report on the global polyvinyl alcohol films market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by type, which includes polarizer PVA films and water-soluble PVA films. As projected in 2017, around 95% of the market share originated from polarizer PVA films owing to their widespread availability and price.

Based on geography, the global polyvinyl alcohol films market has been segmented into APAC, Europe, North America, and ROW. As of 2017, 34% of the market share came from APAC.

“APAC is a major producer and consumer market of PVA films, especially under the consumer electronics segment. The governments of developing countries are providing exemptions to boost manufacturing capacities which augurs well for the growth of the market during the forecast period,” says a senior analyst at Technavio for specialty chemicals research.

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Polyvinyl alcohol films market: competitive vendor landscape

The global polyvinyl alcohol films market is a moderately concentrated growing market. The growth of the market can be attributed to the growing industrialization and urbanization in developing countries such as India, Brazil, Mexico, Angola, and China. Vendors are coming up with plans to extend their product portfolio with heavy investments in R&D. The competitive environment is expected to intensify further over the next five years as market players compete based on various factors such as cost of production, innovation, and product quality.

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Other topics covered in the report:

Market drivers:

  • Stringent government regulations
  • Miniaturization of electronic components

Market trends:

  • Expanding consumer electronics industry
  • Growing processed food industry

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