Increasing need for bio-based PVA alcohol products is key growth factor to drive polyvinyl alcohol market growth. In addition, rising demand from Asia Pacific region is further propelling the demand over the forecast period. The Global Polyvinyl Alcohol (PVA) Market is expected to reach USD 1.21 billion by 2025, according to a new report by Grand View Research, Inc. PVA is a synthetic water-soluble polymer, widely used in the formulation processes in various end-use industries. Polyvinyl alcohol is mainly driven by the demand from the packaging industry, as it is a material with an excellent barrier to oxygen, water solubility, and biodegradable properties. In terms of volume, food packaging accounted as the largest end-use segment in 2016 and is anticipated to continue its trends with a growth rate of 5.6% over the forecast period. Increasing need for biocompatible and non-toxic packaging solutions in food & beverage industry is expected to drive the growth. PVA is extens...