Polyvinylpyrrolidone (PVP), is a water soluble polymer, produced from the monomer N-vinylpyrrolidone. It is also known as povidone or polyvidone. Globally, rising consumption of everyday medicines and food among others, growing demand in manufacturing shampoo, conditioners, hair sprays, mousses and hair dyes, increasing industrialization, higher demand for polyvinylpyrrolidone for manufacturing adhesives, and advantageous properties of polyvinylpyrrolidone such as, excellent film forming, anti-microbial, moisture holding and non-allergic properties are the prime growth drivers of global polyvinylpyrrolidone market. In addition, increase in adoption of polyvinylpyrrolidone for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global polyvinylpyrrolidone market. However, volatile prices and availability of raw materials, and availability of substitute compounds are the key restraints for global polyvinylpyrrolidone market.
Geographically North America dominated global polyvinylpyrrolidone market, because of presence of major pharmaceutical companies, and mature healthcare sector in the region. Asia Pacific is projected to have fastest growth, owing to rapidly increasing end-use industries including pharmaceutical, agrochemical and cosmetics, rise in industrial sector, and increasing adhesives industry, increasing disposable income and changing consumer lifestyle, and increasing construction activities in developing nations such as China, and India in this region. Among all the applications, pharmaceutical application has the highest market share of 50% in global polyvinylpyrrolidone market due to higher demand for drug solubilizer, cosolvent, sterilization disinfectant and dispersion stabilizer.
This report identifies the global polyvinylpyrrolidone market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global polyvinylpyrrolidone market.
This report segments global polyvinylpyrrolidone market on the basis of application, and regional market as follows:
- The report has focused study on polyvinylpyrrolidone market by basis of application such as: Adhesives, Pharmaceuticals, Cosmetics and Food & Beverage, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the polyvinylpyrrolidone market. Some of the major companies’ profiles in detail are as follows:
- The DOW Chemical Company
- Zhangzhou Huafu Chemical Co., Ltd.
- Boai Nky Pharmaceuticals Ltd.
- Nippon Shokubai Co. Ltd.
- Ingredients Plus (NZ) Ltd