India Polyvinyl alcohol Market (2025-2031) Outlook | Share, Size, Growth, Industry, Value, Revenue, Companies, Trends, Forecast & Analysis
Market Forecast By Grade (Partially Hydrolyzed, Fully Hydrolyzed), By End-use Industry (Food Packaging, Textile, Paper, Medical, Construction, Electronics) And Competitive Landscape
| Product Code: ETC092083 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Polyvinyl Alcohol Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s polyvinyl alcohol import market in 2024 continued to be dominated by top exporting countries including China, Japan, Singapore, UK, and Taiwan. The Herfindahl-Hirschman Index (HHI) indicated a very high concentration of imports. Despite a strong compound annual growth rate (CAGR) of 11.92% from 2020-2024, the growth rate in 2024 experienced a slight decline of -14.96%. This suggests a complex landscape for polyvinyl alcohol imports in India, influenced by both long-term growth trends and short-term fluctuations in the market.
India Polyvinyl alcohol Market Synopsis
The India polyvinyl alcohol (PVA) market was valued at US$ 747.6 Mn in 2025 and is projected to expand at a CAGR of 5.7% from 2025 to 2031. PVA is a synthetic polymer with properties such as water-solubility, film-forming ability, biodegradability, and adhesion to many surfaces including glass & metals without requiring tie layers. Increasing use of PVA in various end use industries such as pharmaceuticals, textiles, paints & coatings is expected drive the demand for the product during the forecast period. Furthermore growing awareness about ecofriendly products among consumers along with increasing investments by companies to develop new technologies are some other factors which will further propel growth of the India polyvinyl alcohol market in coming years.
Market Drivers
The major drivers influencing growth of India polyvinyl alcohol market include increasing use of PVA in various industrial applications due its excellent insulation property; rising investment and R&D activities for development of novel technologies; rapid urbanization that has resulted into improvement in living standards across developing countries; increase government focus on renewable resources for sustainable development and stringent regulations imposed by the governments against hazardous chemicals driving adoption of ecofriendly materials among manufacturers etc.
Challenges of the Market
The major challenge faced by players operating in this industry includes high cost associated with production processes owing to availability raw materials used for manufacturing PVA and difficulty experienced while disposal or recycling process due presence toxic gases released during burning etc.
Key Players in the Market
Some key players operating in India polyvinyl alcohol market include BASF SE., Clariant AG , Evonik Industries , LG Chem Ltd., Kuraray Co., Ltd., Mitsubishi Chemical Corporation , Asahi Kasei Corporation , Dairen Chemical Corp., Formosa Plastics Group Wacker Chemie AG etc.
Key Highlights of the Report:
- India Polyvinyl alcohol Market Outlook
- Market Size of India Polyvinyl alcohol Market, 2024
- Forecast of India Polyvinyl alcohol Market, 2031
- Historical Data and Forecast of India Polyvinyl alcohol Revenues & Volume for the Period 2021-2031
- India Polyvinyl alcohol Market Trend Evolution
- India Polyvinyl alcohol Market Drivers and Challenges
- India Polyvinyl alcohol Price Trends
- India Polyvinyl alcohol Porter's Five Forces
- India Polyvinyl alcohol Industry Life Cycle
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Partially Hydrolyzed for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Fully Hydrolyzed for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By End-use Industry for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Food Packaging for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Textile for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Paper for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Medical for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl alcohol Market Revenues & Volume By Electronics for the Period 2021-2031
- India Polyvinyl alcohol Import Export Trade Statistics
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By End-use Industry
- India Polyvinyl alcohol Top Companies Market Share
- India Polyvinyl alcohol Competitive Benchmarking By Technical and Operational Parameters
- India Polyvinyl alcohol Company Profiles
- India Polyvinyl alcohol Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Polyvinyl alcohol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Polyvinyl alcohol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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