Polyvinylpyrrolidone (PVP) market is Expected to Grow USD 3.62 Billion by 2028 | Reports and Data
Reports and Data estimates the global Polyvinylpyrrolidone (PVP) competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Polyvinylpyrrolidone (PVP) during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF, Ashland, Nanhang Industrial, Boai Nky Pharmaceuticals, Hangzhou Motto Science and Technology Co. Ltd, Zhangzhou Huafu Chemical, Shanghai Qifuqing Material Technology Co., Ltd., Shanghai Yuking Water Soluble Material Tech Co., Ltd, and Huangshan Bonsun Pharmaceuticals, among others.
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Polyvinylpyrrolidone (PVP) Overview :-
The global Polyvinylpyrrolidone (PVP) market is expected to reach USD 3.62 Billion by 2028, according to a new report by Reports and Data. This is mainly contributed by the increasing application of Polyvinylpyrrolidone (PVP) in cosmetics product and in the pharmaceutical industry. The increasing demand for PVP in the manufacturing of adhesives will also fuel the growth of the market. Moreover, the changing lifestyle due to rapid urbanization and increasing disposable income in the emerging economies will also have a positive impact on the market growth. In the cosmetics industry, polyvinylpyrrolidone is used to form thin layers on the skin, nail or hair, and as an ingredient in hair products, such as hair sprays. However, the volatile prices as well as the difficulty in availability of the raw materials will act as a restraint to the market growth. Further, the easy availability of substitute compounds is another factor that may have a negative impact on the market growth.
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For the purpose of this report Reports and Data has segmented global Polyvinylpyrrolidone (PVP) market on the basis of type, application, and region:
Product type Outlook (Volume, Kilo tons; 2020-2028 and Revenue, USD Billion; 2020-2028)
- Cosmetic grade
- Pharma grade
- Industrial grade
- Food Grade
Formulation Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)
Applications Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)
- Healthcare & Pharmaceutical
- Food & beverage
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Polyvinylpyrrolidone (PVP) during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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