Polyvinylpyrrolidone Market Growth | 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 Growth 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
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.
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 growth, 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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