Polyvinyl Alcohol Polyethylene Glycol Graft Copolymer Market Outlook – 2028
Polyvinyl alcohol polyethylene glycol graft copolymer is a compound comprising 75% of polyvinyl alcohol (PVA) and 25% of polyethylene glycol (PEG). The compound is hydrophilic in nature and freely water-soluble polymer. Polyvinyl alcohol polyethylene glycol graft copolymer is mainly used in construction and pharmaceutical sector. In construction, it gives an excellent moisture protection and in pharmaceutical it is used for giving the solid dispersion to drug. Polyvinyl alcohol polyethylene glycol graft copolymer also works as coloring agent and flavoring agent since, it has low binding property with molecule. It is used for providing the film coating to the skin; many dermatologists are using this technique. The compound acts as plasticizer and provides a better flexibility of films. It is a non-toxic, non-irritating and has good water solubility with high organic compatibility. It provides an excellent resistant property to oil and solvents.
COVID-19 scenario analysis:
The outbreak of the COVID-19 pandemic has severely affected the global polyvinyl alcohol polyethylene glycol graft copolymer market.
- Pharmaceutical sector is also one of the sectors that was less impacted during lockdown, and it is also the major buyer of polyvinyl alcohol polyethylene glycol graft copolymer.
- Moreover, all manufacturing industries were highly impacted by COVID-19 due to less workforce. Construction chemicals or primers are the major buyers of polyvinyl alcohol polyethylene glycol graft copolymer. Construction industry also suffered for few months due to less workforce. However, there was sluggish depreciation in the polyvinyl alcohol polyethylene glycol graft copolymer market for few months.
- As a result of the global economic slowdown caused by the pandemic the demand for outside food & beverage has decreased dramatically. This has caused a steep fall in the demand for polyvinyl alcohol polyethylene glycol graft copolymer market.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
One of the major factors responsible for the growth of the polyvinyl alcohol polyethylene glycol graft copolymer market is the rapid increase in advancement of pharmaceutical and construction industry. Polyvinyl alcohol polyethylene glycol graft copolymer can be used as the substitute for hydroxypropyl methylcellulose and polyvinylpyrrolidone (PVP), due to its less adverse effect and high efficiency. The main application of polyvinyl alcohol polyethylene glycol graft copolymer is used in formulation of omeprazole, which is used for the gastric problem as it provides instant release formulations. In construction, it is used as additives in paints or primer for moisture protection. Changing consumer lifestyle, growing population, predominance of disease and growing domestic income are expected to have a positive impact on the polyvinyl alcohol polyethylene glycol graft copolymer market.
In terms of market share, North America region accounted for a major fraction of the global polyvinyl alcohol polyethylene glycol graft copolymer market because of the high technological advancement in the pharmaceutical industry. The market in the Asia-Pacific region is also expected to grow at a significant pace owing to presence of increasing consumption of drugs and growing construction industry in the region.
Key benefits of the report:
- This study presents the analytical depiction of the global polyvinyl alcohol polyethylene glycol graft copolymer market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global polyvinyl alcohol polyethylene glycol graft copolymer market share.
- The current market is quantitatively analyzed to highlight the global polyvinyl alcohol polyethylene glycol graft copolymer market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global polyvinyl alcohol polyethylene glycol graft copolymer market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the polyvinyl alcohol polyethylene glycol graft copolymer market research report:
- Which are the leading market players active in the polyvinyl alcohol polyethylene glycol graft copolymer market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Polyvinyl Alcohol Polyethylene Glycol Graft Copolymer Market Report Highlights
| Aspects | Details |
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 By Application |
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 Key Market Players | Parchem fine & specialty chemicals, Nippon-Gohsei, Kuraray Poval, Sekisui, XiamenSinopeg Biotech CO., LTD., BASF SE, Akshar International, Anmol Chemicals, Sigma-Aldrich, Synthomer, East Hony, Liwei Chemicals China |
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