Polyvinyl Alcohol (PVA) Market Size, Share & Trends Analysis Report By End-use (Paper, Food Packaging, Construction, Electronics), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the polyvinyl alcohol (pva) market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for polyvinyl alcohol (pva) market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of polyvinyl alcohol (pva) market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Polyvinyl Alcohol (PVA) Market Categorization:

The polyvinyl alcohol (pva) market was categorized into four segments, namely end-use (Paper, Food Packaging, Construction, Electronics), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The polyvinyl alcohol (pva) market was segmented into end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The polyvinyl alcohol (pva) market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into six countries, namely, the U.S.; Germany; UK.; China; Japan; Brazil

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Polyvinyl alcohol (pva) market companies & financials:

The polyvinyl alcohol market is analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Eastman Chemical Company -Eastman Chemical Company is engaged in the manufacturing of advanced materials and specialty additives and produces a complete range of advanced materials, fibers, chemicals, and specialty additives. It has segregated its business into four segments including advanced materials, fibers, additives & functional products, and chemical intermediates. It offers its services to various application segments such as transportation, building & construction, consumables, chemical processing, food, feed, agriculture, and health & wellness.

• E. I. du Pont de Nemours and Company -E. I. du Pont de Nemours and Company operates through six segments that offer products, materials, and services to various application segments. These six business segments include agriculture, electronics & communication, industrial bioscience, nutrition & health, performance materials, and safety & protection. The company offers a wide range of products for use in various industries such as food & beverage, government & public sector, automotive, building & construction, energy, marine, healthcare & medical, safety & protection, plastics, mining, electronics, and agriculture.

• OCI Corporation - OCI Corporation is engaged in the import, manufacture, and supply of raw materials and chemical products. The company offers an extensive range of products in its portfolio which includes monomers, cosmetics, polymers, fertilizers, inorganics, feedstuff, solvent, and rubber. It serves various end-use industries such as water treatment, stock feed, furniture, gold mining, construction, food additives, film, and fertilizer.

• Celanese Corporation - Celanese Corporation is engaged in manufacturing specialty materials and providing technology services. It has segregated its business into five segments including consumer specialties, acetyl intermediates, advanced engineered materials, industrial specialties, and other activities. The company has a wide range of products in its portfolio to offer services to various application segments such as adhesives, agriculture, appliances, automotive, building & construction, coatings, consumer goods, electronics, food & beverage, pharmaceutical, and textiles.

• Nippon Synthetic Chemical Industry Co., Ltd. -Nippon Synthetic Chemical Industry Co., Ltd. is engaged in the manufacturing, processing, and distribution of synthetic resin products in the domestic and international markets. It has segregated its business into six segments including functional resins, functional films, information technology & electronic products, raw materials for pharmaceutical & pharmaceutical intermediates, fine chemicals, and acetyl chemicals. It offers services to various application segments such as food, pesticide, pharmaceuticals, construction materials, industrial materials, packaging materials, print materials, electronic materials, and industrial chemicals.

• Solutia, Inc. - Solutia, Inc. is engaged in the manufacturing and distribution of specialty chemicals and performance materials. It has segregated its business into three units namely advanced interlayers, performance materials, and specialty chemicals. Solutia, Inc. offers its services to a wide range of application segments including building & construction, food & beverages, electronics, automotive, industrial materials, coatings, oil & gas, and pharmaceuticals.

• Sekisui Chemical Co., Ltd.-Sekisui Chemical Co., Ltd. is a manufacturer and supplier of specialty chemicals. It acquired the polyvinyl alcohol (PVOH) business of Celanese Corporation. It offers services to various application segments including building & construction, ceramics, paper, packaging, coatings, films, adhesives, textiles, and oilfield cementing. The company manufactures polyvinyl alcohol of different grades under the brand name Selvol. These grades are segregated into fully hydrolyzed, partially hydrolyzed, and intermediately hydrolyzed.

• Chang Chun Petrochemical Co., Ltd. - Chang Chun Petrochemical Co., Ltd. is engaged in the manufacturing, processing, and distribution of a wide range of chemical products. It supplies its products to various application segments including textile, pharmaceuticals, semiconductors, chemicals, papers, plastics, electronics, and coatings. The company offers a wide range of products such as polyvinyl alcohol, formalin, hexamine, glacial acetic acid, electronic grade hydrogen peroxide, antioxidants, soybean oil, and butyl acetate.

• Japan VAM & Poval Co., Ltd. - Japan VAM & Poval Co., Ltd. is engaged in manufacturing, processing, and supplying polyvinyl alcohol and vinyl carboxylate. It has divided its product portfolio into four segments namely polyvinyl alcohol, specialty polyvinyl alcohol, vinyl carboxylate, and vinyl acetate. It offers its products to various application segments such as textile sizing, paper processing, adhesives & caking agents, dispersant, and film & molded products.

• Kuraray Co., Ltd. - Kuraray Co., Ltd. was incorporated in 1926 and has its corporate headquarters in Tokyo, Japan. The company manufactures and distributes chemicals. It has divided its business into four segments including chemicals & resins, medical products, fibers & textiles, and high-performance materials. It offers services to various application segments such as automotive, electronics, paper & packaging, paints & coatings, solar, printing inks, plastics, construction, and pharmaceuticals.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Polyvinyl Alcohol (PVA) Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Polyvinyl Alcohol (PVA) Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.