Global Polyvinyl Alcohol Fiber Market was valued at US$ 432.2 Mn in 2017, and is expected to reach US$ 587.4 Mn by 2026, at a CAGR of 3.91 % during forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding polyvinyl alcohol fiber market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in polyvinyl alcohol fiber market.
Polyvinyl alcohol (PVA) fiber was created 50 years ago as the first Japanese organic fiber and, it has been used for various applications since then. Especially, polyvinyl alcohol fiber has been used globally in a wide range of cement applications, owing to some suitable characteristics as reinforcing materials for cementitious composites. Polyvinyl alcohol fiber has high tenacity and modulus of elasticity compare with other general organic fiber. It has strong bonding strength between fiber and cement matrix. It is also possible to control bonding strength by surface treatment. Furthermore, it has a good durability and it has been used as fiber cement slate over twenty years because polyvinyl alcohol fiber has got wide acceptance as a less hazardous and reasonable cost alternative. This new fiber also starts to use widely because of its suitable characteristics for reinforcing cementitious composites.
Polyvinyl alcohol fiber-based concrete is preferred as an alternative for environmentally detrimental asbestos. Asbestos used in roofing and construction purposes is banned in several regions of the world due to the harmful effects of asbestos on human health. Hence, adoption of polyvinyl alcohol fibers as substitute for asbestos is expected to boost the market during the forecast period. The Cement Additives segment is estimated to expand rapidly during the forecast period. These fibers are used as reinforcing materials in fiber concrete. Polyvinyl alcohol fiber also used in textile industries. This segment is expected to grow at a moderate pace during the forecast period.
Nonwovens is estimated to expand rapidly growing application segments of the polyvinyl alcohol fibers market during the forecast period. Based on the product type, Staple segment is dominant in the global polyvinyl alcohol fibers market and it is anticipated to grow at a rapidly during the forecast period. Owing it is widely used in cement additives, textiles, and nonwoven materials. Volatility the prices of petrochemical feedstock hampering the polyvinyl alcohol fibers market. Because polyvinyl alcohol fibers are manufactured from polyvinyl alcohol resins and these resins produced from the petrochemical feedstock.
Globally, polyvinyl alcohol fiber-based concrete is widely used in North America, Europe, and Asia Pacific. Asia Pacific held the largest share of the global polyvinyl alcohol fibers market in 2017. Owing it is major producer of polyvinyl alcohol fibers. In terms of demand, Europe and North America are other major consumers of polyvinyl alcohol fibers. Thereby polyvinyl alcohol fibers market in Europe and North America is anticipated to expand slowly as compare to Asia pacific region during the forecast period.
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Scope of the Polyvinyl Alcohol Fiber Market
Global Polyvinyl Alcohol Fiber Market, by Product Type
• Filament Fiber • Staple • Other
Global Polyvinyl Alcohol Fiber Market, by Application
• Cement Additives • Textile • Non-woven Fabric (Fishing Nets, Tire Cords, and Ropes)
Global Polyvinyl Alcohol Fiber Market, by Region
• North America • Europe • Asia-Pacific • Middle East & Africa • South America
Key Players operating in the Global Polyvinyl Alcohol Fiber Market
• E. I. du Pont de Nemours and Company • Nippon Synthetic Chemical Industry Co. • Eastman Chemical Company • Sekisui Chemical Co. Ltd. • Kuraray Co. Ltd. • Sinopec Sichuan Vinylon, • Anhui Wanwei Group Co., Ltd.
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