Polyvinyl Alcohol (PVA) Market Size | Growth Insights, Trends & Share 2025

Code: MTA10462 Publication Date: Nov 2025

What is the size of Polyvinyl Alcohol (PVA) Market?

 

According to 6Wresearch internal database and industry insights, the Global Polyvinyl Alcohol Market was valued at USD 4.7 Billion in 2024 and is expected to reach USD 6.8 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).

 

The primary drivers of this growth are the increasing demand for eco-friendly packaging, advancements in water-soluble films, the expansion of the construction and textile industries, and the rising use of these films in adhesives, emulsifiers, and coatings, all of which support sustainable industrial development and environmental compliance.

Growth Factors for Polyvinyl Alcohol (PVA) Industry

  • Increasing demand for biodegradable and eco-friendly packaging materials.
  • Expanding applications in textiles, adhesives, and the paper industries.
  • Growth in water-soluble packaging films for detergents and agrochemicals.
  • Rising awareness of sustainable polymers in construction and coatings.
  • Technological advancements are improving PVA film strength and solubility.

Polyvinyl Alcohol (PVA) Market Trends

The Polyvinyl Alcohol (PVA) market trend indicates that sustainability is becoming a priority for practitioners and market participants, and that introductions to water-soluble structures for packaging are expanding. The market is encouraging expansion in the bio-based PVA market, which can provide opportunities for use in green adhesive and textile finishing applications. With an increase in polymer blend technologies and innovations in the application of nanocomposites, regardless of the end-use market (packaging, construction, healthcare, etc.), manufacturers continue to improve performance characteristics while increasing flexibility, durability, and sustainability.

Emerging Developments in the Polyvinyl Alcohol (PVA) Market

Emerging developments for the Polyvinyl Alcohol (PVA) market also include new production technologies that enhance the biodegradability and carbon emission reductions for PVA products. Investments in PVA blends using nanomaterials are also being made to enhance moisture barriers and mechanical properties. Interactions between chemical producers and structural or packaging firms are having a positive impact on sustainable PVA films. Growing investment and adoption of bio-based production technologies is continuing to grow the market for environmentally friendly PVA, all of which support the circular economy.

List of Leading Companies in the Polyvinyl Alcohol (PVA) Market

Some of the leading companies include:

  • Kuraray Co., Ltd.
  • Sekisui Chemical Co., Ltd.
  • Mitsubishi Chemical Corporation
  • Denka Company Limited
  • Chang Chun Group
  • Sinopec
  • Nippon Synthetic Chemical Industry Co., Ltd.

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