Polyvinyl Alcohol Price Trend

Polyvinyl Alcohol Prices December 2023

The polyvinyl market is USA witnessed a rise in Q4 2023 because of low inventory levels in the market which leads to the rising prices of PVA. The latest price of polyvinyl alcohol in Q4 2023 in the USA was 2117/MT. Even though the market was stable the PVA prices experienced a decline from November to December in the United States.

The Japanese polyvinyl alcohol market experienced a significant decrease in prices during the second half of quarter as compared to first half. The weak performance of textile industry and high levels of inventories in the market significantly contributed to the decline in prices in Japan. The price for PVA in Japan reached 1631/MT at the end of the fourth quarter.

The Netherlands saw a gradual decrease in PVA prices because of reduced demand from textile industry and these stocking activities towards the end of the year. There was a significant decrease in prices of PVA as compared to the previous quarter. The price of PVA in Netherlands reached 2863/MT add the end of fourth quarter of 2023.

Polyvinyl Alcohol Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Polyvinyl Alcohol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyvinyl alcohol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of polyvinyl alcohol at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polyvinyl alcohol price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing polyvinyl alcohol price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Polyvinyl Alcohol Market Analysis

The global polyvinyl alcohol market size reached US$ 1.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 1.7 Billion, at a projected CAGR of 4.60% during 2023-2032.

• Polyvinyl alcohol is generally used as a coating agent in the packaging and paper industries because of its excellent film forming, emulsifying and adhesive properties. The rise in the demand mainly driven by ecommerce and food packaging is one of the significant drivers of the polyvinyl alcohol market. According to a report published by Ministry of Food Processing Industries, with the turnover of 24.6 billion U.S. dollar and the growth rate of 13% to 15%, the Indian packaging industry was expected to reach USD 32 billion by the year 2020. The Indian packaging industry is ranked 11th in the world. Within the packaging industry the packaged and processed foods hold the maximum share of 48% further followed by personal care packaging which consists of 27 and from a packaging with 6%. The rising demand within the packaging industry is also driving the market growth for various coating agents like polyvinyl alcohol.
• As stringent environmental regulations are applied globally there is a growing push towards sustainable and ecofriendly materials. Polyvinyl alcohol stands out in this shift because of its biodegradable and non-toxic properties. Mainly in the production of water-soluble films PVA is a highly sought after product for its minimal environmental impact. These films are used in various applications such as detergent pods and agricultural films where they tend to reduce the waste by completely dissolving in water. The increase in environmental consciousness among the consumers and industries is a significant driver that boosts the demand for PBA as a preferred material in ecofriendly product formulation.
• PVA is also used in the construction industry mainly as a binder and as an additive in mortar and cement mixes. The ongoing global expansion and construction activities mainly in emerging economies boosts the demand for polyvinyl alcohol. According to a report published by Deloitte, the construction industry saw a significant growth of 7% in 2023 along with a 6% increase in nominal gross output as compared to year 2022. In the third quarter of 2023 the nominal construction spending maintained a steady upward growth. The gradual growth in construction industries is also propelling the market growth for binders and additives like polyvinyl alcohol further across the world.

Polyvinyl Alcohol News

The report covers the latest developments, updates, and trends impacting the global polyvinyl alcohol market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in polyvinyl alcohol production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polyvinyl alcohol price trend.

Latest developments in the polyvinyl alcohol industry:

• In 2024, Eastman, a global specialty materials company, has selected Longview, Texas for a new $1.2 billion manufacturing facility. The project will create 1,000 construction jobs and 600 permanent positions, significantly boosting the local economy. The facility will produce advanced materials for various industries, including automotive and electronics.
• In 2024, DuPont and Point Blank Enterprises have formed an exclusive partnership to offer body armor made with Kevlar EXO aramid fiber for North American State and Local Law Enforcement departments.

Product Description

Polyvinyl alcohol also known as PVA is a kind of synthetic polymer that is soluble in water and also possesses unique properties which makes it a highly versatile polymer across various industries. Poly vinyl polymer is produced by the polymerization of vinyl acetate followed by a process called hydrolysis which removes the acetate groups to leave behind the hydrophilic alcohol groups. This transformation imparts PVA with its characteristic water solubility. Poly vinyl alcohol is generally known for its excellent film forming abilities resistance to grease and oils and good adhesive strength. These properties make it an ideal for use in creating protective barriers in packaging especially for products sensitive to moisture and air. Its biodegradability and non-toxic nature also make it popular in environmental applications such as water treatment and biodegradable films.

Regional Coverage

The report provides a detailed analysis of the polyvinyl alcohol market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the polyvinyl alcohol price trend.

Global Polyvinyl Alcohol Price

The report offers a holistic view of the global polyvinyl alcohol pricing trends in the form of polyvinyl alcohol price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of polyvinyl alcohol but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes. 

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed polyvinyl alcohol demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Polyvinyl Alcohol Price

During Q4 2023, the European Polyvinyl Alcohol (PVA) market saw a bearish trend due to low demand, high inventory levels, and an expected fall in import prices from Asia. The decreased demand from the textile industry in the Netherlands and Germany resulted in lower prices of imports from China. Meanwhile, production costs are expected to increase due to rising natural gas prices leading to higher LNG costs.

This analysis can be extended to include detailed polyvinyl alcohol price information for a comprehensive list of countries.

North America Polyvinyl Alcohol Price

The Polyvinyl Alcohol market in North America remained stable with high supply in Q4 2023. While the demand from downstream industries and international markets maintained steady, PVA prices experienced decline due to destocking market activity and lower demand. In contrast, the USA saw a slight increase in PVA prices due to low inventory levels. Rising coal prices were expected to increase production costs, while natural gas prices were expected to remain low.

Specific polyvinyl alcohol historical data within the United States and Canada can also be provided.

Middle East and Africa Polyvinyl Alcohol Price

The report explores the polyvinyl alcohol pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on polyvinyl alcohol prices for countries can also be provided.

Asia Pacific Polyvinyl Alcohol Price

The last quarter of 2023 saw a decline in the Polyvinyl Alcohol (PVA) market in the APAC region, particularly in Japan. The market was impacted by heavy destocking activity, high levels of inventories, and rising production costs. The weak performance of the textile industry and high levels of inventories contributed to the declining prices in Japan. Prices of imports from China remained stable, leading to constant prices of imports.

This polyvinyl alcohol price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Polyvinyl Alcohol Price

The analysis of polyvinyl alcohol prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of polyvinyl alcohol pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting polyvinyl alcohol price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polyvinyl alcohol price charts ensure our clients remain at the forefront of the industry.