Polyvinyl Alcohol Fiber 2020-2023 | is projected to expand at a CAGR of 2.94% during the forecast to 2027
Regional Outlook: By region, the global polyvinyl alcohol fiber market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific resonates significant opportunities owing to the strong economic growth rate witnessed in the region in the recent years. It has led to rapid developments in the industrial and construction sector of the region. This, in turn, has been anticipated to encourage revenue creation in the polyvinyl alcohol fiber market over the next couple of years. The regional market is estimated to secure the foremost position in the global market across the review period. Europe is prognosticated to hold the second position through the projection period. Its valuation is predicted to grow from USD 75.77 Mn in 2017 to USD 88.76 Mn by the end of 2023. Led by the U.S., North America is expected to expand at a CAGR of 2.94% during the forecast period. Latin America and the Middle East & Africa are importa