China Polyvinyl Alcohol (pva) Market Size & Outlook
China polyvinyl alcohol (pva) market, 2018-2030 (US$M)
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China polyvinyl alcohol (pva) market highlights
- The China polyvinyl alcohol (pva) market generated a revenue of USD 336.7 million in 2023 and is expected to reach USD 622.0 million by 2030.
- The China market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, food packaging was the largest revenue generating end use in 2023.
- Construction is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyvinyl alcohol (pva) market data book summary
| Market revenue in 2023 | USD 336.7 million |
| Market revenue in 2030 | USD 622.0 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Food packaging |
| Fastest growing segment | Construction |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper, Food Packaging, Construction, Electronics |
| Key market players worldwide | DuPont de Nemours Inc, Mitsubishi Chemical Group Corp, Eastman Chemical Co, Sekisui Chemical Co Ltd, Kuraray Co Ltd, China Petroleum & Chemical Corp Class H |
Other key industry trends
- In terms of revenue, China accounted for 34.0% of the global polyvinyl alcohol (pva) market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyvinyl alcohol (pva) market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 622.0 million by 2030.
Food packaging was the largest segment with a revenue share of 33.92% in 2023. Horizon Databook has segmented the China polyvinyl alcohol (pva) market based on paper, food packaging, construction, electronics covering the revenue growth of each sub-segment from 2018 to 2030.
Polyvinyl alcohol market in Asia Pacific is led by China in terms of manufacturing and consumption. Increasing demand from various end-use industries which includes adhesives, textiles, paper coatings, and architecture is expected to augment the market growth over the forecast period.
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Polyvinyl Alcohol (PVA) Market Scope
Polyvinyl Alcohol (PVA) Market Companies
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China polyvinyl alcohol (pva) market size, by end use, 2018-2030 (US$M)
China Polyvinyl Alcohol (PVA) Market Outlook Share, 2023 & 2030 (US$M)
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