The Worldwide Polyvinylpyrrolidone
(PVP) Market strategic research study
offers company accounts, industry investors, and industry members with
consequential insights to enable them to make reliable strategic decisions
regarding the opportunities in the global market.
Polyvinylpyrrolidone (PVP) Market
research report offers detail overview of industry with all the requisite data
to support tactical business decisions and come up with strategic growth plans.
This study also proposes a comprehensive insight into the development policies
and plans in addition to manufacturing processes and cost structures.
KEY BENEFITS
1. Polyvinylpyrrolidone (PVP) market analysis
based on current industry scenario and expected future trends to enable
stakeholders take strategic decisions.
2. Analysis of the factors impacting the Polyvinylpyrrolidone
(PVP) market to understand business opportunities.
3. Identification of key investment pockets
for various applications, type and geographies.
4. Identification of the Polyvinylpyrrolidone
(PVP) market top key players and their strategic moves.
5. Evaluation of Polyvinylpyrrolidone (PVP)
market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan
and execute a business plan.
7. Polyvinylpyrrolidone (PVP) market
micro-level analysis based on application, types, and geography.
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The global
polyvinylpyrrolidone (PVP) market size was 161.8 kilo tons in 2015 and is
anticipated to reach USD 2.75 billion by 2024. The Polyvinylpyrrolidone (PVP)
market is expected to witness growth owing to rising demand from end user
industries including pharmaceutical, cosmetics, personal health care, adhesives
and beverage industry. Rising awareness regarding the varied applications such
as dissolving assistant for injection, a dispersant for liquid medicine, flows
assistant for a capsule, medicine for brain-memory recovery, the raw material
for making ceramic products, and moisture preserving agent are anticipated to
propel the PVP industry growth over the next eight years.
Few other applications
including stabilizer for an enzyme, antitoxic assistant for eye drug, viscosity
enhancement agent for printing ink, film forming agent in shaping products, and
solvent for agricultural pesticide are projected to fuel the market demand over
the forecast period. The pharmaceutical industry is projected to contribute the
major market share in the overall growth of the PVP sector by 2024 owing to
rising use of PVP in medicines as a binder for tablets, a stabilizer for heat
sensitive drugs, and antiseptic injection for surgical operations.
The pharmaceutical sector
is anticipated to see the growth of more than 30% CAGR over the next eight
years, owing to increasing R&D efforts by companies in developing PVP
medicines that could be used as dietetic tablets in nutritional products and as
a disinfectant for maintaining hand hygiene, thus augmenting the end user
market of PVP products. On the other hand, Cosmetics industry and personal care
industries are expected to see growth of more than 6% CAGR and 10% CAGR
respectively and thus augmenting the Polyvinylpyrrolidone market demand over
the forecast period primarily owing to increasing application scope and rising
adoption of Polyvinylpyrrolidone products as raw material in shampoo, cleaning
products, shave lotion and body lotion.
Key players in Polyvinylpyrrolidone
(PVP) market include BASF, ZhangzhouHuafu Chemical Co. Ltd., Hangzhou Motto
Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech
Co., Ltd, Sigma-Aldrich Co. LLC., Shanghai Qifuqing Material Technology Co.,
Ltd., Divnova Specialties Pvt. Ltd., JH Nanhang Life Sciences Co. Ltd., Sisco
Research Laboratories Pvt. Ltd., N Shashikant & Co., Alfa Aesar, Huangshan
Bonsun Pharmaceuticals Co., Ltd., Boai NKY Pharmaceuticals Ltd, Hangzhou
Sunflower Technology Development Co. 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.
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