According to a new market report published by Lucintel, the future of the polyvinylpyrrolidone market looks promising with opportunities in the adhesives, pharmaceutical, cosmetics, and food and beverage industries. The global polyvinylpyrrolidone market is expected to grow with a CAGR of x%-x% from 2020 to 2025. The major drivers for this market are growing demand for the product in the pharmaceutical industry, increasing use of the polymer in brew beverages as a stabilizer, and rising demand for the product as a molding binder in industrial and civil applications.
In this market, powder and liquid are the major product forms of PVP. Lucintel forecasts that powder will remain the largest segment over the forecast period owing to its better water absorption and excellent wetting properties.
Within this market, pharmaceutical will remain the largest segment by application over the forecast period due to rising demand for the product in the formulation of the novel drug as well as generic development process and growing demand for PVP as a film former, particularly in ophthalmic solutions
North America will remain the largest region over the forecast period due to the mature healthcare sector and the presence of major pharmaceutical companies in the region.
BASF, Ashland, Zhangzhou Huafu, Hangzhou Motto Science & Technology, Shanghai Yuking, and Shanghai Qifuqing are among the major suppliers in the global polyvinylpyrrolidones market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global polyvinylpyrrolidone market by application, product form, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Polyvinylpyrrolidone Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global polyvinylpyrrolidone market by application, product form, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Adhesives
Pharmaceutical
Cosmetic
Food and Beverage
Others
By Product Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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