Rising Demand for High Performance Water-soluble Polymers Boosts Growth of Polyvinylpyrrolidone Market
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ALBANY, N.Y., Feb. 9, 2021 /PRNewswire/ -- Polyvinylpyrrolidone, also known as polyvidone or povidone or PVP, refers to a water-soluble polymer. This white colored chemical is available in hygroscopic powder form with a weak characteristic odor. Polyvinylpyrrolidone is manufactured using free radical polymerization process of N-vinyl pyrrolidone monomer and 2-propanol or water.
According to analysts at Transparency Market Research (TMR), the global polyvinylpyrrolidone market will expand at a promising CAGR of over 13% throughout the forecast period 2019–2027. Thus, the market for polyvinylpyrrolidone is likely to account for around US$ 7.5 Bn by the end of 2027.
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Polyvinylpyrrolidone Market: Major Takeaways
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Polyvinylpyrrolidone Market: Leading Segments
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Polyvinylpyrrolidone Market: Growth Boosters
Polyvinylpyrrolidone Market: Well-Established Participants
Some key players in the polyvinylpyrrolidone market are:
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