Polyvinylpyrrolidone Market Outlook to 2022: Top Manufacturer Analysis, Industry Overview and Forecast Report
28th February 2019 – Global Polyvinylpyrrolidone Market is
anticipated to expand at a significant CAGR in the upcoming period as the
scope, product types, and its applications are increasing across the globe.
Polyvinylpyrrolidone (PVP), also termed as “Polyvidone” or “Povidone”, is a
water-soluble polymer produced from the monomer N-vinylpyrrolidone. The factors
that propel the growth of the market include increasing use of the polymer in
brew beverages as a preservative extensively used in manufacturing oral
liquids, particles, tablets, capsules, injections and sterilization
disinfectant, increasing use of products, and increasing application scope of
the polymer in numerous non-alcoholic drinks including, fruit juices, and tea
drinks.
On the other hand, there are factors that may hamper the growth of the
market including volatility in the accessibility of raw materials and their
charges. The market could be explored by product type, application, and
geography. The market could be explored by product type as Pharma Grade, Food
Grade, and Industrial Grade.
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The key applications that could be explored in this market
include Food & Beverage, Pharmaceutical, Adhesives, Cosmetics, and Others.
The “Pharmaceutical” segment led the market in 2015 and will continue to lead
in the forecast period. The key factors that could be attributed to the growth
of market include rising demand for polyvinylpyrrolidone in the pharmaceutical
application as a drug cosolvent, solubilizer, dispersion stabilizer, and
sterilization disinfectant. Pharmaceutical segment is followed by Food and
Beverage segment due to increasing use of polyvinylpyrrolidone in the food and
beverage industry.
Key Vendors
• Ashland
• BASF
• Boai NKY
• Hainan Nanhang
• Huangshan Bonsun
• JH Nanhang Life Sciences
• Jinlong Chemical
• NIPPON SHOKUBAI
• Sunflower Pharmaceutical
• Yuanhai Fine Chemical
Key
Applications
• Pharmaceuticals & Cosmetics
• Dyes & Pigments
• Food & Beverage
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North America accounted for the major share of the
polyvinylpyrrolidone market in 2017 and will continue to lead in the forecast
period. The factors that could be attributed to the growth include established
healthcare segment in the region, the occurrence of the key pharmaceutical
industry. North America is followed by the Asia-Pacific and European region
owing to rapidly increasing end-user industries comprising cosmetics,
agrochemical and pharmaceutical, growing industrial sector, changing consumer
lifestyle, increasing construction activities in emerging countries such as
China and India.
Key
Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global
polyvinylpyrrolidone market?
• What are the challenges to market growth?
• Who are the key players in the polyvinylpyrrolidone market?
• What are the market opportunities and threats faced by the
key players?
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