The global polyvinyl alcohol fibers market size was valued at USD 650 billion in 2021 and is poised to grow at a significant CAGR of 4% during the forecast period 2022-28. PVA (polyvinyl alcohol) is used in the wet spinning method to create synthetic fibers. It is a water-soluble synthetic polymer. It is abrasion and wrinkle resistant. PVA fibers have a higher hygroscopicity than any other synthetic fiber. The global polyvinyl alcohol fibers market is categorized into staples and filaments on the basis of product. Staples sector is anticipated to lead the market because of its huge array of application such as nonwoven materials, textiles and cement additives. Staples are even used in the formation of yarns. Increase in the application of staples for different purposes is going to create a demand for the growth of staples in the market. The global polyvinyl alcohol fiber market is anticipated to rise because of increased use of polyvinyl alcohol fiber in the textile industry and increased demand for cement in the building industry. Global polyvinyl alcohol fibers market anticipated to grow significantly during future period because of the increasing application of polyvinyl alcohol fibers as reinforcement in concrete and as a lubricant. But, the changing prices of raw materials and presence of substitute will hamper the market growth.

View the detailed report description here -  https://precisionbusinessinsights.com/market-reports/global-polyvinyl-alcohol-fibers-market/              

Asia Pacific accounted for major revenue share in the Global Polyvinyl Alcohol Fibers Market

The global polyvinyl alcohol fibers market report aims at providing complete outlook on market across the globe with special emphasis on the leading regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Among these regions, Asia Pacific got larger share in global polyvinyl alcohol fibers market because of the major production of polyvinyl alcohol fibers. North America polyvinyl alcohol fibers market is estimated to witness moderate CAGR due to the increasing use of polyvinyl alcohol as an alternate for asbestos. Europe exhibits a considerable growth in polyvinyl alcohol fibers market because of the increased application of polyvinyl alcohol fibers as reinforcement in concrete. Latin America market also grows at significant rate because of the growing demand for polyvinyl alcohol fibers from textile industry. Middle East and Africa polyvinyl alcohol fibers market is also likely to rise during the forthcoming years owing to increase in the use of polyvinyl alcohol as a substitute for asbestos.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=30570   

The global polyvinyl alcohol fibers market segmentation:

• By Product: Filaments, and Staples
• By Application: Cement Additives, Textiles, Nonwovens, Others (Fishing Net, Tire Cords, and Ropes)

The global polyvinyl alcohol fibers market Keyplayers are I. du Pont de Nemours and Company, Eastman Chemical Company and Sekisui Chemical Co. Ltd.

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

Contact:

Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553

Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747