Market Revenue Polyvinylpyrrolidone Industry Penetration | Page 3

Ltd., Ashland, Nippon Shokubai, Balaji Amines, Jarchem Industries Inc. , Glidechem, Dai-ichi Kogyo Seiyaku ,
Dongying City, Huaang Chemical Industry Co., Ltd., Nippon Shokubai and Balaji Amines. BASF, in January 2015,
plans to invest USD 64 million in the expansion of its PVP value chain over the next four years primarily owing
to the expansion of PVP production capacity to 6000 metric tons.
ZhangzhouHuafu Chemical Co. Ltd., in December 2013, disclosed that it would be launching new
Polyvinylpyrrolidone products focused in areas such as cosmetics, food and beverage, biological
pharmaceuticals, and detergents mainly due to growing consumer demand for products with excellent
properties such as bonding capacity, solubility, water moisture and others. JH Nanhang (JHNH), in October 2013,
announced that it is partnering with specialty chemical distributor Azelis to propel sustainable business
development by providing high-quality products and to supply large range of Polyvinylpyrrolidone products
across Turkey, Europe, Morocco, and Algeria. The other players in the market through mergers & acquisitions,
strategic expansions, and new products launches have been trying to cater large volume of customers with
numerous pharmaceutical, personal care, cosmetic and adhesive products that help them in providing varied
medical as well as hygiene-related solutions. The aforementioned efforts by the companies have enabled them
to anticipate significant growth over the forecast period.
Market Segment:
Polyvinylpyrrolidone Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• Adhesives
• Pharmaceutical
• Cosmetics
• Food & beverage
• Others
Polyvinylpyrrolidone Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
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