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Polyvinyl Alcohol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22608
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Polyvinyl Alcohol Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Polyvinyl Alcohol | Petrochemicals | USA | 2117 USD/MT |
| Polyvinyl Alcohol | Petrochemicals | Japan | 1631 USD/MT |
| Polyvinyl Alcohol | Petrochemicals | Netherlands | 2863 USD/MT |
The polyvinyl alcohol prices in the USA for Q4 2023 reached 2117 USD/MT in December owing to low inventory levels, despite a generally stable market environment. While natural gas costs remained relatively low, rising coal prices suggested higher production costs, influencing market dynamics.
The price trend for polyvinyl alcohol in Japan for Q4 2023, reached 1631 USD/MT in December due to high inventory levels and weak demand from the textile sector. Stable import prices from China also contributed to the subdued domestic market conditions.
The price trend for polyvinyl alcohol in Netherlands for Q4 2023, reached 2863 USD/MT in December, driven by lower demand from the textile sector and heavy destocking activities. Anticipated reductions in import prices from Asia further pressured the market, reflecting a bearish trend.
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 the current price but also provides insights into polyvinyl alcohol historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into polyvinyl alcohol 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
In the Q4 of 2023, the polyvinyl alcohol market in Europe was characterized by a bearish outlook. Key factors included elevated inventory levels, substantial destocking operations, and expectations of declining import costs from Asia. Both Germany and the Netherlands experienced lower PVA prices, driven by moderate product consumption in the textile sector and reduced import costs from China, Europe’s primary supplier. Meanwhile, increasing natural gas prices indicated rising production costs, adding pressure to the market.
This analysis can be extended to include detailed polyvinyl alcohol price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Polyvinyl Alcohol Price
In the fourth quarter of 2023, the North American polyvinyl alcohol industry experienced stability, supported by consistent consumption in end use industries. Despite this steady market environment, prices decreased in December, attributed to significant destocking operations and reduced demand. While coal prices were on the rise, increasing production costs, the USA noted a slight uptick in product prices owing to limited inventories. The market's direction was influenced by fluctuating natural gas costs and rising product consumption in the textile sector, which helped maintain market stability even as some downward price pressures persisted.
Specific polyvinyl alcohol historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
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.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Polyvinyl Alcohol Price
During Q4 of 2023, the polyvinyl alcohol industry in the Asia Pacific region faced a downturn. High inventory levels, significant destocking efforts, and growing manufacturing costs were key challenges. Japan, in particular, saw the most substantial drops in product costs, with notable reduction both from the last quarter and within Q4. The overall market sentiment remained bearish due to subdued demand and ongoing destocking activities across the region.
This polyvinyl alcohol price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
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.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Polyvinyl Alcohol |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polyvinyl Alcohol Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
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.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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