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Polyvinylpyrrolidone Market Gaining Traction from Drug Manufacturers

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Palli Prapul
Polyvinylpyrrolidone Market Gaining Traction from Drug Manufacturers

Robust and recurring industrial applications of polyvinylpyrrolidone (PVP) in adhesives, ceramics, glass fibers, coatings, detergents, electrical applications, lithography, paper, metallurgy, polymerizations, suspensions, and tableting are driving the growth of PVP market. IndustryARC’s newly compiled report states that the polyvinylpyrrolidone market size stood at $1.87 billion in 2018 and is projected to grow with a CAGR of 8.57% throughout the forecast period 2019-2025. The report covers Polyvinylpyrrolidone Market size by type and applications, Polyvinylpyrrolidone Market share by top 5 companies and also the market share by start-ups during the forecast period.

The business intelligence report by IndustryARC is titled as: “Polyvinylpyrrolidone Market: By Application (Adhesives, Pharmaceuticals, Cosmetics, and Food & Beverage, and Others), & By Geography (Europe, Asia Pacific, North America, Rest of the World) - Forecast (2019-2025).” This report offers an outlook of different factors which are driving the market growth. Additionally, it provides an elaborative analysis of technological advancement in various applications of PVP along with an extensive assessment of the market revenue, and competitive landscape of existing players.

View Full Table of Contents of Polyvinylpyrrolidone Market:
https://www.industryarc.com/Report/16140/polyvinylpyrrolidone-market.html

Report Price (Single User): US $3850

Polyvinylpyrrolidone Market: Leading Segments

Pharmaceuticals, Cosmetics, and Food & Beverage, these three application industries are the key end users of PVP. The average growth of these three verticals is projected to increase at an application CAGR of 8.9% during the forecast period 2019-2025. PVP is highly used as a binder agent in the tableting application of pharmaceutical industry. Furthermore, it is extensively used in cosmetics, as it stimulates the dispersion of pigments. This factor is encouraging PVP as a major ingredient among makeup products to create a well spread out. This polymer acts as an efficient thickening agent and also as a film former, mainly used for hair sprays, hair gels, adhesive powders and gels. Moreover, PVP- carboxymethyl cellulose (CMC) Bacterial cellulose (BC) 'PVP-CMC-BC' film is a unique green packaging material, it is recommended for food packaging application. It is less expensive, recyclable, and act as the best alternative to conventional food packaging material.

Europe held as a leading region which accounts for a share of 32% in the global PVP market as of 2018. This growth is attributed to the thriving pharmaceutical industries in eminent European countries such as the U.K. and Germany. Thus, expanding healthcare sector through well-developed pharmaceutical industries in these countries is boosting the growth of Europe PVP market.

Polyvinylpyrrolidone Market: Disruptive Trends

PVP is an antibacterial agent and antiseptic, whose prevalent use in cosmetics, medical products, and hair care products is augmenting the PVP market growth. Increasing concern of people about their health in accordance with the consciousness of appearance are improving the growth in above-mentioned industries.
PVP is a water soluble polymer. It is gaining traction from the medical industry because of its film forming properties. These properties are increasing the usage of PVP in the production of medicines. BPVP’s biocompatibility and capability to form stable compounds using various active compounds have been evolving it as the most prominent polymer in the pharmaceutical industry. Majorly drug manufacturers use PVP as an adhesive, binder, coating, stabilizer, film, and solubilizer.
Improved tensile strength, moisture holding capacity, anti-microbial and non-allergic properties of PVP has been driving emerging its growth in food and beverage applications. These properties play an important role to preserve food items, which are indirectly growing the scope of PVP in food products.

Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=16140

Polyvinylpyrrolidone Market: Competitive Landscape

Some of the main companies operating in the global polyvinylpyrrolidone market are noted as BASF SE, Sisco Research Laboratories, Zhangzhou Huafu Chemical Co. Ltd., Ashland Inc., Hangzhou Motto Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co., Ltd, Nippon Shokubai, Shanghai Qifuqing Material Technology Co., Ltd and The Good Scents Company.

Related Reports:

A. Water Soluble Film Market
https://www.industryarc.com/Report/15204/water-soluble-film-market.html

About IndustryARC:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: [email protected]
Organization: IndustryARC
Phone: (+1) 614-588-8538

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