Market Overview:
The global Polyvinyl Acetate (Food Grade) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food grade polyvinyl acetate from various applications such as gum candy, fresh fruit, and others. In addition, the growing demand for food grade polyvinyl acetate from emerging countries such as China and India is also contributing to the growth of this market. However, volatility in prices of raw materials is restraining the growth of this market.
Product Definition:
Polyvinyl acetate (PVA) is a water-soluble polymer made from the vinyl alcohol monomer. It is used in adhesives, coatings, textile fibers, and other products.
Granular Polyvinyl Acetate:
Granular polyvinyl acetate is a highly water-soluble polymer, which has the ability to form Networks or Granules. It is used as an excipient in pharmaceuticals and nutraceuticals industries. It also finds application in food & beverage industry for granulating sugar and corn starch products. The product helps increase the viscosity of solutions without affecting their properties such as taste, odor, color etc.
Flakes Polyvinyl Acetate:
PVAc is used in food applications such as bakery products, meat products, and confectionery. PVAc has high molecular weight which helps in binding of the ingredients to give firm structure to baked goods. It also imparts smooth texture and reduces crumbliness of bread crumbs.
Application Insights:
Fresh fruit was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Polyvinyl acetate has been used as a fresh fruit coating material for more than 150 years owing to its superior characteristics, such as water resistance, heat resistance, and ability to protect fruits from spoilage bacteria.
The gum candy application segment accounted for 5% of global volume in 2017. Polyvinyl acetate is widely used in the manufacturing of various confectionery items including chewing gums, candies & chocolate bars due to its adhesive properties and high-temperature stability. It can also be used as an ingredient in ice creams or cakes on account of its sweet taste and excellent mouth feel properties. These aforementioned factors are likely to propel product demand over the coming years.
Regional Analysis:
Asia Pacific emerged as the largest consumer and accounted for over 45% of the global revenue in 2016. Asia Pacific is also expected to be one of the fastest-growing regions with a CAGR of XX% from 2017 to 2030 owing to increasing gum production in China, India, Vietnam and Thailand coupled with growing consumption across various countries including Japan, South Korea, Singapore and Taiwan.
The Gum Application segment dominated the overall market accounting for over 80% share in 2016 due to high demand from end-use industries such as confectionery & bakery products and packaging materials which are majorly consumed by consumers aged between 10 - 40 years old group across emerging economies such as China & India.
Growth Factors:
- Increasing demand from food and beverage industry: The global food and beverage industry is growing at a rapid pace. This is expected to drive the demand for polyvinyl acetate (PVA) in the coming years.
- Rising awareness about hygiene and safety: There is an increasing awareness among consumers about hygiene and safety issues related to food products. This is likely to boost the demand for PVA in the near future.
- Growing popularity of ready-to-eat foods: The popularity of ready-to-eat foods is rising rapidly across the globe due to hectic lifestyles of people. This is expected to create a positive outlook for PVA market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyvinyl Acetate(Food Grade) Market Research Report
By Type
Granular Polyvinyl Acetate, Flakes Polyvinyl Acetate
By Application
Gum Candy, Fresh Fruit, Others
By Companies
Wacker, VINAVIL, Brenntag Specialties, Jiangsu Yinyang Gumbase Materials, Foreverest Resources Ltd., Celanese, Nacalai, Shuanghui Rubber Nantong CO.,LTD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Polyvinyl Acetate(Food Grade) Market Report Segments:
The global Polyvinyl Acetate(Food Grade) market is segmented on the basis of:
Types
Granular Polyvinyl Acetate, Flakes Polyvinyl Acetate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gum Candy, Fresh Fruit, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wacker
- VINAVIL
- Brenntag Specialties
- Jiangsu Yinyang Gumbase Materials
- Foreverest Resources Ltd.
- Celanese
- Nacalai
- Shuanghui Rubber Nantong CO.,LTD
Highlights of The Polyvinyl Acetate(Food Grade) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Granular Polyvinyl Acetate
- Flakes Polyvinyl Acetate
- By Application:
- Gum Candy
- Fresh Fruit
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyvinyl Acetate(Food Grade) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyvinyl Acetate is a type of plastic that is used to make food packaging. It is also known as PVC, and it can be found in items like water bottles and grocery bags.
Some of the key players operating in the polyvinyl acetate(food grade) market are Wacker, VINAVIL, Brenntag Specialties, Jiangsu Yinyang Gumbase Materials, Foreverest Resources Ltd., Celanese, Nacalai, Shuanghui Rubber Nantong CO.,LTD.
The polyvinyl acetate(food grade) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyvinyl Acetate(Food Grade) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Polyvinyl Acetate(Food Grade) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polyvinyl Acetate(Food Grade) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Polyvinyl Acetate(Food Grade) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Polyvinyl Acetate(Food Grade) Market Size & Forecast, 2018-2028 4.5.1 Polyvinyl Acetate(Food Grade) Market Size and Y-o-Y Growth 4.5.2 Polyvinyl Acetate(Food Grade) Market Absolute $ Opportunity
Chapter 5 Global Polyvinyl Acetate(Food Grade) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
5.2.1 Granular Polyvinyl Acetate
5.2.2 Flakes Polyvinyl Acetate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyvinyl Acetate(Food Grade) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
6.2.1 Gum Candy
6.2.2 Fresh Fruit
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyvinyl Acetate(Food Grade) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyvinyl Acetate(Food Grade) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyvinyl Acetate(Food Grade) Analysis and Forecast
9.1 Introduction
9.2 North America Polyvinyl Acetate(Food Grade) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
9.6.1 Granular Polyvinyl Acetate
9.6.2 Flakes Polyvinyl Acetate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
9.10.1 Gum Candy
9.10.2 Fresh Fruit
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyvinyl Acetate(Food Grade) Analysis and Forecast
10.1 Introduction
10.2 Europe Polyvinyl Acetate(Food Grade) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
10.6.1 Granular Polyvinyl Acetate
10.6.2 Flakes Polyvinyl Acetate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
10.10.1 Gum Candy
10.10.2 Fresh Fruit
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyvinyl Acetate(Food Grade) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyvinyl Acetate(Food Grade) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
11.6.1 Granular Polyvinyl Acetate
11.6.2 Flakes Polyvinyl Acetate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
11.10.1 Gum Candy
11.10.2 Fresh Fruit
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyvinyl Acetate(Food Grade) Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyvinyl Acetate(Food Grade) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
12.6.1 Granular Polyvinyl Acetate
12.6.2 Flakes Polyvinyl Acetate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
12.10.1 Gum Candy
12.10.2 Fresh Fruit
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyvinyl Acetate(Food Grade) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyvinyl Acetate(Food Grade) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyvinyl Acetate(Food Grade) Market Size Forecast by Type
13.6.1 Granular Polyvinyl Acetate
13.6.2 Flakes Polyvinyl Acetate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyvinyl Acetate(Food Grade) Market Size Forecast by Applications
13.10.1 Gum Candy
13.10.2 Fresh Fruit
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyvinyl Acetate(Food Grade) Market: Competitive Dashboard
14.2 Global Polyvinyl Acetate(Food Grade) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wacker
14.3.2 VINAVIL
14.3.3 Brenntag Specialties
14.3.4 Jiangsu Yinyang Gumbase Materials
14.3.5 Foreverest Resources Ltd.
14.3.6 Celanese
14.3.7 Nacalai
14.3.8 Shuanghui Rubber Nantong CO.,LTD