Polyvinylpyrrolidone Market Share | Trends, Analysis, Report Growth, By Product, By Application, By Region And By Segment Forecasts
The polyvinylpyrrolidone market is expected to exhibit steady progress over the forecast period from 2020 to 2027, says the latest research report from Market Research Future (MRFR). The global Polyvinylpyrrolidone (PVP) Market Share is mainly driven by the growing demand for polyvinylpyrrolidone from the pharmaceutical, cosmetics, and food and beverage industries as an excipient and stabilizer. The report provides an in-depth look at the global polyvinylpyrrolidone market’s key drivers and restraints, along with a detailed economic breakdown to relate the polyvinylpyrrolidone market’s growth trajectory with prevailing economic trends. The leading players in the polyvinylpyrrolidone market are also profiled in the report.
Polyvinylpyrrolidone
is primarily used as an excipient in the pharmaceutical and cosmetics
industries. Growth of these two industries in recent years has been highly
beneficial for the polyvinylpyrrolidone market. Growing healthcare expenditure
has resulted in growing pharmaceutical production, leading to a growing demand
for components such as polyvinylpyrrolidone. Cosmetics are also becoming an
important FMCG product in recent years due to the growing demand in developing
economies. This is likely to remain a major driver for the global
polyvinylpyrrolidone market over the forecast period. The growing prevalence of
respiratory conditions in developed economies is also likely to drive the
demand for excipients, thus driving the polyvinylpyrrolidone market.
The food and
beverage industry is also likely to remain a key consumer for the global
polyvinylpyrrolidone market Share . Polyvinylpyrrolidone is widely used in food
and beverages as a stabilizer, leading to growing demand from the
polyvinylpyrrolidone market. Growing demand for packaged food is likely to be a
major driver for the global polyvinylpyrrolidone market in the coming years.
Competitive
Analysis:
Leading players in
the global polyvinylpyrrolidone market share include Nippon Shokubai Co. Ltd., JH Nanhang
Industrial Co. Ltd., The Dow Chemical Company, Merck KGaA, Thermo Fisher
Scientific, Alfa Aesar, Shanghai Yuking Water Soluble Material Tech Co. Ltd.,
Hangzhou Motto Science & Technology Co. Ltd., Zhangzhou HuaFu Chemical Co.
Ltd., BASF SE, and Ashland. Leading players in the polyvinylpyrrolidone market
are likely to focus on capacity expansion as well as mergers and acquisitions
in the years ahead to achieve growth through organic as well as inorganic
means.
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Segmentation:
The global
polyvinylpyrrolidone market is segmented by grade, application, and region.
Based on the grade,
the polyvinylpyrrolidone market is segmented into PVP K-15, PVP K-30, PVP K-60,
PVP K-90, and PVP K-120.
On the basis of
application, the global polyvinylpyrrolidone market is segmented into
pharmaceuticals, cosmetics, food & beverage, adhesives, and others. The
pharmaceutical and cosmetic products industries hold the largest share in the
global polyvinylpyrrolidone market, followed by food and beverages and
adhesives. Growing demand from the pharmaceutical industry is likely to remain
a key driver for the global polyvinylpyrrolidone market over the forecast
period.
Regional Analysis:
North America is
the leading region in the global polyvinylpyrrolidone market, followed by Asia
Pacific and Europe. The strong presence of healthcare-related industries in
North America has been a major driver for the global polyvinylpyrrolidone market,
as the pharmaceutical industry in the U.S. and Canada has grown steadily over
the last several years. The growing pharmaceutical industry in North America is
likely to remain the leading driver for the global polyvinylpyrrolidone market
over the forecast period. The growing demand for cosmetics and personal care
products in North America is also likely to be a key driver for the
polyvinylpyrrolidone market. Consumers in North America are highly aware about
advanced cosmetics and personal care products, and are among the leading
consumers of the same all over the world. This has led a growing demand for
components used in these formulations, such as polyvinylpyrrolidone. The
immense demand for packaged foods in North America is also a major driver for the
polyvinylpyrrolidone market.
Asia Pacific is the
second-largest regional market for polyvinylpyrrolidone. The growing
pharmaceutical and food and beverage industries in Asia Pacific are the major
reason for the growth of the polyvinylpyrrolidone market. The growing
pharmaceutical industry in China, India, and other leading regional economies
is likely to be a major driver for the polyvinylpyrrolidone market over the
forecast period.
1 Executive Summary
2 Scope Of The
Report
2.1 Market
Definition
2.2 Scope Of The
Study
2.2.1 Research
Objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
3 Market Research
Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five
Forces Analysis
4.1.1 Threat Of New
Entrants
4.1.2 Bargaining
Power Of Buyers
4.1.3 Bargaining
Power Of Suppliers
4.1.4 Threat Of
Substitutes
4.1.5 Segment
Rivalry
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