Market analysis
Far-reaching industrial utilization of PVA fiber keeps on inciting providers to build capacities. It is a profoundly favored fiber material for support of built cementitious composites (ECC). The construction area and the textile section have risen as the two biggest buyers of PVA fiber. The PVA market hold noteworthy potential in quick economies nations, Asia Pacific will remain a key speculation goal for market players amid the estimated time frame. Interest for PVA fiber has jumped up in the district inferable from the exponential development of a few end-use sectors. The global polyvinyl alcohol fiber market is expected to grow at a CAGR of 3.39% during the forecast period 2018 and 2023.
Market Segmentation
The global polyvinyl alcohol fiber market is bifurcated into type, application and regional demand. Based on its type, the global polyvinyl alcohol fiber market is bifurcated into Water Soluble Fiber and High Strength Modulus Fiber. On the basis of its application, the global polyvinyl alcohol fiber market is segmented into Textile and apparel, Construction, Paper, Filter and non-woven, Ropes and fishing nets and Others.
Regional analysis
Geographically, the global polyvinyl alcohol fiber market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Bouling Chemical Co., Limited, MiniFIBERS, Inc., Ningxia Dadi Circular Development Corp. Ltd and Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd, UNITIKA LTD., KURARAY CO., LTD., Anhui Wanwei Group, NYCON, Hunan Xiangwei Co., Ltd., Sinopec Sichuan Vinylon Works, among others are some of the major players in the global polyvinyl alcohol fiber market.