Polyvinylpyrrolidone Market by Application and Geography - Forecast and Analysis 2022-2026

The polyvinylpyrrolidone (PVP) market share is expected to increase by USD 737.87 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.46%.

This polyvinylpyrrolidone market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers polyvinylpyrrolidone market segmentation by application (pharmaceuticals, cosmetics, adhesives, food and beverages, and others) and geography (North America, Europe, APAC, South America, and MEA). The polyvinylpyrrolidone market report also offers information on several market vendors, including Ashland Global Holdings Inc., BASF SE, Boai NKY Pharmaceuticals Ltd., Hangzhou Motto Science and Technology Co. Ltd., J. Rettenmaier and Sohne GmbH Co KG, Jarchem Industries Inc., JH Nanhang Life Sciences Co. Ltd., Nippon Shokubai Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co. Ltd, and Thermo Fisher Scientific Inc. among others.

What will the Polyvinylpyrrolidone Market Size be During the Forecast Period?

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Polyvinylpyrrolidone Market: Key Drivers and Challenges

The increasing demand for water treatment chemicals is notably driving the polyvinylpyrrolidone market growth, although factors such as fluctuating crude oil prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polyvinylpyrrolidone industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Polyvinylpyrrolidone Market Driver

One of the key factors driving growth in the polyvinylpyrrolidone market is the increasing demand for water treatment chemicals. Access to freshwater has emerged as one of the most significant challenges in the face of expanding population worldwide. Consequently, the demand for clean water and wastewater treatment options is rapidly increasing around the world. Water-soluble polymers are used in wastewater treatment, sludge treatment, and water purification applications. Polyvinylpyrrolidone is used as water treatment chemicals in large reservoirs, swimming pools, and tanks. Globally, increasing urbanization, rising population, and economic growth have increased water-soluble polymers' usage for water treatment. India, China, Russia, and several other countries are witnessing a high demand for water-soluble polymers for wastewater treatment due to their expanding populations.

Key Polyvinylpyrrolidone Market Challenge

The fluctuating crude oil prices will be a major challenge for the polyvinylpyrrolidone market during the forecast period. For end-use industries, the price is one of the key deciding factors for selecting materials. New materials used as alternative products are priced higher than the existing product options. The polymerization of its monomer generally manufactures polyvinylpyrrolidone. These monomers are manufactured from crude oil by the fractional distillation process. Fluctuations in crude oil prices affect the price of synthetic polymers. Due to the COVID-19 pandemic, the price of oil barrels reduced drastically. Fluctuations in crude oil prices lead to volatility in the manufacturing cost of synthetic water-soluble polymers.

This polyvinylpyrrolidone market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Polyvinylpyrrolidone Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Ashland Global Holdings Inc.
• BASF SE
• Boai NKY Pharmaceuticals Ltd.
• Hangzhou Motto Science and Technology Co. Ltd.
• J. Rettenmaier and Sohne GmbH Co KG
• Jarchem Industries Inc.
• JH Nanhang Life Sciences Co. Ltd.
• Nippon Shokubai Co. Ltd.
• Shanghai Yuking Water Soluble Material Tech Co. Ltd 
• Thermo Fisher Scientific Inc.

 

This statistical study of the polyvinylpyrrolidone market encompasses successful business strategies deployed by the key vendors. The PVP market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The polyvinylpyrrolidone market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Polyvinylpyrrolidone Market?

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31% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for polyvinylpyrrolidone in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions.

The growth in the pharmaceutical and cosmetic industries will facilitate the PVP market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Polyvinylpyrrolidone Market?

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The polyvinylpyrrolidone market share growth by the pharmaceuticals segment will be significant during the forecast period. Due to its biocompatibility and non-toxicity, the Food and Drug Administration (FDA) has approved it as a pharmaceutical excipient. It has been used in the pharmaceutical and biomedical industry to develop different drug delivery systems, such as oral, topical, transdermal, and ocular administration. Besides, PVP is also useful in delivering genes or can be coupled with metal particles for regenerative medicine and targeted delivery. These factors are anticipated to boost the growth of the segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the PVP market size and actionable market insights on post COVID-19 impact on each segment.

 

Polyvinylpyrrolidone Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.46%
Market growth 2022-2026	$ 737.87 million
Market structure	Fragmented
YoY growth (%)	4.50
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 31%
Key consumer countries	US, China, Germany, Canada, and Brazil
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Ashland Global Holdings Inc., BASF SE, Boai NKY Pharmaceuticals Ltd., Hangzhou Motto Science and Technology Co. Ltd., J. Rettenmaier and Sohne GmbH Co KG, Jarchem Industries Inc., JH Nanhang Life Sciences Co. Ltd., Nippon Shokubai Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co. Ltd, and Thermo Fisher Scientific Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Polyvinylpyrrolidone Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive polyvinylpyrrolidone market growth during the next five years
• Precise estimation of the polyvinylpyrrolidone market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the PVP industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of PVP market vendors

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