Polyvinylpyrrolidone (PVP) Market is Expected to Expand at an Impressive Rate by 2027

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Polyvinylpyrrolidone Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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Polyvinylpyrrolidone Market - Product
Introduction 

• Polyvinylpyrrolidone, also commonly known as PVP
  or polyvidone or povidone, is a water-soluble
  polymer made from N-vinyl pyrrolidone monomer by
  free radical polymerization in water or
  2-propanol.
• It is a white, hygroscopic powder with weak
  characteristic odor
• Polyvinylpyrrolidone polymers are available in
  several viscosity grades, ranging from low to
  high molecular weight.
• The molecular weight range and solubility in
  aqueous and organic solvent systems combined with
  its nontoxic character are key properties that
  provide polyvinylpyrrolidone polymers superior
  flexibility

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Global Polyvinylpyrrolidone Market Highlights 

• In terms of value, the global polyvinylpyrrolidone
  market is anticipated to expand at a CAGR of
  more than 13.0 to reach US 7.0 Bn by 2027
• Rise in need of high performance water soluble
  polymers and increase in demand for
  polyvinylpyrrolidone in various applications such
  as pharmaceutical, solvents, and cosmetics are
  anticipated to drive the demand for
  polyvinylpyrrolidone during forecast period
• North America was the leading region for
  polyvinylpyrrolidone market, however, Asia
  Pacific is expected to exhibit significant CAGR
  between 2019 and 2027
• In 2017, the U.S. Food Drug Administration
  (FDA) issued the final rule on safety and
  effectiveness for 30 active ingredients in
  over-the-counter health care antiseptic hand
  washes and rubs in the medical field
  povidone-iodine was one of these thirty products 

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Composites in Oil and Gas Market Trends

• There has been major advances in the fields of
  composite pipe work and fluid handling.
  Cost-cutting due to composites replacing steel
  piping in retrofit applications is a major driver
  for the market.
• Cost advantage can also be witnessed during the
  manufacturing process of risers, tubings, and
  storage and transport systems in offshore
  platforms when composites are used in place of
  expensive corrosion-resistant metals.
• Another important propellant for the market is
  amplified longevity of new, reliable, safe, and
  cost-effective construction, which can withstand
  severe conditions anticipated in an offshore
  environment.

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Key players operating in the global
polyvinylpyrrolidone market are

• ASHLAND GLOBAL HOLDINGS INC.
• BASF SE
• NIPPON SHOKUBAI CO. LTD.
• Boai NKY Pharmaceuticals Ltd
• JH Nanhang Life Sciences Co. Ltd.
• Hangzhou Sunflower Technology Development Co.
  Ltd.
• Star-Tech Specialty Products Co. Ltd.

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