Polyvinylpyrrolidone (PVP) Market Upcoming Trends by 2030
The increasing use of the product in the manufacture of nail polish, lipstick, lotion, sunscreen and mascara.
The global Polyvinylpyrrolidone
(PVP) Market had a size of USD
1785.65 Million, and it is projected to achieve a revenue compound annual
growth rate (CAGR) of 6.2% during the forecast period. The significant factors
contributing to the growth of market revenue include the increasing demand for
Polyvinylpyrrolidone (PVP) in bioengineering and pharmaceutical applications,
as well as its use in various end-user industries such as pharmaceuticals,
cosmetics, personal healthcare, adhesives, and the beverage industry.
Furthermore, the rising utilization of this product in the production of nail
enamels, lipsticks, skin creams, sunscreen, and mascara also plays a crucial
role in driving the market's revenue expansion.
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Top Leading
Players In The Global Polyvinylpyrrolidone (PVP) Market Are:
BASF SE, Ashland Global Holdings Inc., Merck KGaA, Boai NKY
Pharmaceuticals Ltd., NIPPON SHOKUBAI CO., LTD., Thermo Fisher Scientific Inc.,
JH Nanhang Life Sciences Co., Ltd., Zhejiang NetSun Co., Ltd., Glide Chem
Private Limited, and Star-Tech & JRS Specialty Products Co., Ltd., among
others.
What are the
Notable innovation in the Polyvinylpyrrolidone (PVP) Market?
Polyvinylpyrrolidone
(PVP) is a water-soluble polymer that has numerous applications in various
industries such as pharmaceuticals, cosmetics, and food & beverages. In
recent years, there have been several notable innovations in the PVP market,
including:
1. Development of High Molecular Weight PVP: Manufacturers are focusing on
developing high molecular weight PVP, which has enhanced properties such as
improved solubility, viscosity, and adhesive strength. This has resulted in an
increased demand for PVP in the pharmaceutical and cosmetics industries.
2. PVP as a Disintegrant: PVP has gained popularity as a disintegrant in the
pharmaceutical industry, where it is used to improve the dissolution rate and
bioavailability of drugs. The use of PVP as a disintegrant has led to the
development of new drug delivery systems.
3. PVP as a Binder: PVP is widely used as a binder in the manufacture of
tablets, capsules, and granules. The use of PVP as a binder has led to the
development of new formulations and improved drug delivery systems.
4. PVP in Cosmetics: PVP is widely used in the cosmetics industry as a
thickener, emulsifier, and stabilizer. The use of PVP in cosmetics has led to
the development of new formulations and improved product performance.
5. PVP in Food & Beverages: PVP is used in the food &
beverages industry as a clarifying agent, emulsifier, and stabilizer. The use
of PVP in food & beverages has led to the development of new products with
improved quality and shelf life.
Overall, the PVP market
is continuously evolving with new innovations and applications being
discovered, which is driving the demand for PVP across various industries.
Segments covered
in the report:
Grade Outlook
(Revenue, USD Billion; 2019-2030)
- K12
- K17
- K25
- K30
- K90
- Others
Fiber Type
Outlook (Revenue, USD Billion; 2019-2030)
- Powder
- Liquid
Application
Outlook (Revenue, USD Billion; 2019-2030)
- Pharmaceuticals
- Solvents
- Electrical and
electronics
- Adhesives
- Cosmetics
- Others
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Polyvinylpyrrolidone (PVP) Market Upcoming
Growth:
Polyvinylpyrrolidone is
a water-soluble polymer used in a variety of industries such as
pharmaceuticals, cosmetics, food and beverage, and personal care products. The
market for PVP has seen steady growth in the past few years, and this trend is
expected to continue in the near future. Some of the key factors driving the
growth of the PVP market include:
1. Growing demand for pharmaceuticals: PVP is widely used as a binder,
disintegrant, and solubilizer in the pharmaceutical industry. With the
increasing demand for pharmaceuticals, the demand for PVP is also expected to
grow.
2. Rising demand for personal care products: PVP is used as a hair fixative,
thickener, and emulsifier in the personal care industry. With the growing
demand for personal care products, the demand for PVP is also expected to
increase.
3. Increasing use in food and beverage industry: PVP is used as a clarifying
agent and stabilizer in the food and beverage industry. With the increasing
demand for processed foods and beverages, the demand for PVP is also expected
to grow.
4. Growing demand from emerging economies: Emerging economies such as India
and China are witnessing rapid industrialization and urbanization, leading to
increased demand for PVP in various industries.
Regional Outlook:
·
North
America (U.S.A., Canada, Mexico)
·
Europe (Italy,
U.K., Germany, France, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
·
Latin
America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East &
Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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