Polyvinyl Alcohol (PVA) Films Market Applications, Shares,
Growth Rate and Trends Forecasts To 2020
“The rise in waste disposal difficulties coupled with strict regulatory norms
for the environment are influencing the necessity for biodegradable raw
materials especially in the packaging sector. This parameter is anticipated to
fuel the demand, specifically in the packaging sector.”
Industry Insights
The Polyvinyl Alcohol Films Market was valued at $ 229.60 billion in the year 2015. The rise in waste disposal
difficulties coupled with strict regulatory norms for the environment are influencing the necessity for
biodegradable raw materials especially in the packaging sector. This parameter is anticipated to fuel the
demand, specifically in the packaging sector.
The product is eco-friendly, and does not release poisonous gasses upon ignition. The global market for water
soluble applications is projected to witness a significant growth at a growth rate of 3.90% CAGR over the forecast
period.
The developments & packaging sector, specifically for agrochemicals and detergents in emerging economies of
Asia Pacific region such as China, Taiwan and India are anticipated to drive the demand. The rising application
areas particularly in restaurants, hospitals and hotels is further expected to fuel the demand for detergents. The
consumption level is projected to increase on account of green packaging initiatives across Europe and North
America.
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