Procurement Resource

In 2023, the polyvinyl alcohol market in Asia, Europe, and North America experienced a downward price trend. In Asia, low demand from paper, food, and textile industries led to increased stockpiles and reduced production rates. In Europe, declining feedstock prices, high inventories, and competition from cheap imports weakened the market, resulting in falling prices. In North America, prices followed a similar trajectory due to declining feedstock prices, sufficient inventories, and low demand from downstream industries. Rising interest rates further contributed to the southward dive in polyvinyl alcohol price forecast in the region. Definition Polyvinyl alcohol (PVA) is a water-soluble synthetic polymer derived from the polymerization of vinyl acetate and subsequent hydrolysis. It is known for its excellent film-forming and adhesive properties, as well as its biodegradability. PVA is widely used in various industrial applications, such as in the production of adhesives, coatings, and...