Development of Food-grade PVA Films Triggering Growth Prospects in the Global PVA Films Market: Technavio Report

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  • The key vendors in the Global PVA Films Market 2015-2019 are Arrow Coated Products Ltd., Cortec Corp., Jiangmen Proudly Water-soluble Plastic Co. Ltd., Kuraray Co. Ltd. and Sekisui Specialty Chemicals

London, 10 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global PVA Films Market 2015-2019. The increased use of PVA films in the development of polarizers is one of the major trends emerging in the market. Polarizers are made from iodine-doped PVA films and are used in photography instruments and LCD technology as they improve the contrast ratio of touch screen displays. The growing need for polarizers in the electronic devices market is expected to lead to an increase in their demand. The Global PVA Films Market is expected to post a CAGR of 5.23% during the period 2015-2019.

PVA films are used to develop polarizers to be used in LCD panels and produce water-soluble packaging material for pack detergents, agrochemicals, dyes, and other chemicals. Their water- soluble property helps in the reduction of material losses. Also, they are also used to produce hospital laundry bags as they are tough and tear and puncture resistant. They are used to develop vacuum bagging, release films, and transfer printing, among others.

“Though the water-soluble packaging application of PVA films is limited to chemicals, dyes, and other materials, their demand in the food and nutraceutical sectors is expected to increase during the forecast period,” says Faisal Ghaus, Vice President of Technavio Research.

“These films are used as binding and coating agents to protect the contents of the package from moisture, oxygen, and environmental gasses because of their high barrier properties.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

If you are interested in more information on this topic and our upcoming research on the Global PVA Films Market 2015-2019; please send an e-mail to media@TechNavio.com

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