According to the "In-depth Research and Development Forecast Report on China's High-Strength and High-Model PVA Industry from 2024 to 2029" released by the China Industrial Research Institute, the global polyvinyl alcohol (PVA) film market size will reach 13.827 billion yuan in 2023, and is expected to reach 13.827 billion yuan by 2029. , this market size will grow to 14.368 billion yuan, and the composite materials forecast within the year has been 0.65%. Although this data directly targets the PVA film market, the strong point is that as an important application field of PVA, its market size growth trend should be consistent with or more significant than the overall PVA market.
In China, the market demand for high-strength and high-modulus PVA fibers is growing rapidly. According to statistics from the China Chemical Fiber Industry Association, the actual output of high-strength and high-modulus polyvinyl alcohol fiber in my country in 2020 was 44,800 tons. With the advancement of technology and the expansion of the market, production should increase in recent years. In particular, China's PVA-coated high-barrier film market will grow by 19.2% year-on-year in 2023, and is expected to grow by 7.8% year-on-year in 2024. This data shows the rapid growth of market demand in this field, and also indirectly reflects high-end products such as high-strength and high-modulus PVA fibers. The market demand is constantly expanding.
With the continued growth of the global economy and the continuous advancement of science and technology, the demand for high-performance fiber materials in high-end fields has become increasingly prominent. Especially in the fields of national defense, aerospace and other fields, the demand for high-strength and high-modulus polyethylene fibers will continue to grow. At the same time, the demand for high-strength and high-modulus PVA fibers in many industries such as building materials, textiles, papermaking, and coatings is also expanding.
In the context of increasing global environmental awareness, the high-strength high-mode PVA industry will also develop in a more environmentally friendly direction. By adopting environmentally friendly materials and optimizing production processes, pollution emissions in the production process are reduced and resource utilization efficiency is improved.
Website: www.elephchem.com
Whatsapp: (+)86 13851435272
E-mail: admin@elephchem.com
ElephChem Holding Limited, professional market expert in Polyvinyl Alcohol(PVA) and Vinyl Acetate–ethylene Copolymer Emulsion(VAE) with strong recognition and excellent plant facilities of international standards.