Polyvinyl Alcohol Fibers Market - Snapshot

Polyvinyl alcohol fibers are manufactured from polyvinyl alcohol resins. They were developed in Japan and were first commercialized by Kuraray Co. Ltd. Polyvinyl alcohol fibers are employed in textiles, fabrics, and clothing applications. These fibers are popular in Asia by the name of Vinylon. Polyvinyl alcohol fibers are also used in cement additives, nonwovens, and other applications such as ropes, tire cords, and fishing nets. In terms of production, Japan-based Kuraray Co. Ltd dominates the market. Production of polyvinyl alcohol fibers is concentrated in China and Japan. Many China-based players operate in the polyvinyl alcohol fibers market.

polyvinyl alcohol fibers market

Based on product, the global polyvinyl alcohol fibers market has been bifurcated into filaments and staples. Staples is the dominant segment of the polyvinyl alcohol fibers market. It is anticipated to expand at a rapid pace during the forecast period. Staples are available in the form of short cut discontinuous strands. Staple fibers are used in applications such as cement additives, textiles, and nonwoven materials. They are also employed in the production of twisted yarns. Staple fibers are used as cement additives for reinforcing cement. The staples segment is anticipated to remain dominant during the forecast period. The filaments segment is estimated to expand at a rapid pace during the forecast period.

Based on application, the global polyvinyl alcohol fibers market has been segmented into cement additives, textiles, nonwovens, and others (including ropes, tire cords, and fishing nets). The cement additives segment constituted significant share of the global polyvinyl alcohol fibers market in 2017. The segment is projected to expand rapidly during the forecast period. Polyvinyl alcohol fibers are used as reinforcing materials in fiber concrete and widely used as substitute for asbestos, which are detrimental to human health. Textiles is another significant consumer of polyvinyl alcohol fibers. The textiles segment is expected to expand at a moderate pace during the forecast period. The nonwovens segment is estimated to be one of the rapidly growing segments of the market in the near future.

Based on region, the global polyvinyl alcohol fibers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of demand, Asia Pacific held dominant share of the global polyvinyl alcohol fibers market in 2017. Europe and North America are other significant consumers of polyvinyl alcohol fibers. The polyvinyl alcohol fibers market in North America and Europe is expected to expand at a sluggish to moderate pace during the forecast period. Demand for polyvinyl alcohol fibers in these regions has been rising due to the increase in usage of these fibers as substitute for asbestos in cement additive applications. Latin America and Middle East & Africa accounted for small share of the global polyvinyl alcohol fibers market in 2017. Demand for polyvinyl alcohol fibers is anticipated to rise significantly in these regions during the forecast period due to the development of various application segments for polyvinyl alcohol fibers.

The global polyvinyl alcohol fibers market is monopolistic. It is dominated by Kuraray Co. Ltd. Other key players operating in the market include Unitika Ltd., Anuhi Wanwei Group, Sinopec SVW, Nitivy Ltd., Nycon Corporation, and MiniFiber. Production of polyvinyl alcohol fibers is primarily concentrated in Japan and China. The competition is high in China, as large numbers of players operate in the country. On the other hand, just a few players function in North America and Europe.

Polyvinyl Alcohol Fibers Market - Overview 

Polyvinyl alcohol fibers are manufactured from polyvinyl alcohol resins. These were developed in Japan and were first commercialized by Kuraray Co. Ltd. Polyvinyl alcohol fibers were developed for usage in textiles, fabrics, and clothing applications. These fibers are popular in Asia by the name of Vinylon. Polyvinyl alcohol fibers are also used in cement additives, nonwovens, and other applications such as ropes, tire cords, and fishing nets. In terms of production, Japan-based Kuraray Co. Ltd dominates the market. Production of polyvinyl alcohol fibers is concentrated in China and Japan. Many China-based players operate in the polyvinyl alcohol fibers market.

Based on product, the global polyvinyl alcohol fibers market has been bifurcated into filaments and staples. Staples are available in the form of short cut strands and discontinuous fibers. Stapes is the dominant segment of the polyvinyl alcohol fibers market. It is anticipated to expand at a rapid pace during the forecast period. Staple fibers are used in applications such as cement additives, textiles, and nonwoven materials. They can also be twisted to form yarns. Staple fibers are employed as cement additives for reinforcing cement.

In terms of application, the global polyvinyl alcohol fibers market has been segmented into cement additives, textiles, nonwovens, and others (including fishing nets, tire cords, and ropes). The cement additives segment accounted for the leading share of the global polyvinyl alcohol fibers market in 2017. The segment is estimated to expand rapidly during the forecast period. Polyvinyl alcohol fibers are used as reinforcing materials in fiber concrete and widely used as substitutes for asbestos, which are detrimental to human health. Textiles is another significant consumer of polyvinyl alcohol fibers. The segment is expected to expand at a moderate pace during the forecast period.

Based on region, the global polyvinyl alcohol fibers market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Asia Pacific was the leading region of the global polyvinyl alcohol fibers market in 2017. The region is also the major producer of polyvinyl alcohol globally. These fibers were first developed in Asia Pacific and have long been used in textile manufacturing as binder fibers. In terms of demand, Europe and North America are other significant consumers of polyvinyl alcohol. The polyvinyl alcohol fibers market in North America and Europe is projected to expand at a sluggish to moderate pace during the forecast period. Demand for polyvinyl alcohol fibers in these regions is anticipated to rise due to the increasing usage of these fibers as substitute for asbestos in cement additive applications. Demand for polyvinyl alcohol fibers is estimated to increase significantly in Middle East & Africa and Latin America in the near future. These two regions accounted for small share of the global polyvinyl alcohol fibers market in terms of demand in 2017. However, they are projected to create lucrative opportunities for manufacturers of polyvinyl alcohol fibers in the next few years.

The report analyzes and forecasts the polyvinyl alcohol fibers market at the global and regional levels. The market has been projected in terms of volume (tons) and value (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global polyvinyl alcohol fibers market. It also covers the expected impact of these drivers and restraints on the demand for polyvinyl alcohol fibers during the forecast period. The report also highlights growth opportunities for the polyvinyl alcohol fibers market at the global and regional levels. 

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global polyvinyl alcohol fibers market. Porter’s Five Forces model for the polyvinyl alcohol fibers market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein product and application industry segments have been benchmarked based on their market size, growth rate, and general attractiveness. 

The study provides a decisive view of the global polyvinyl alcohol fibers market by segmenting it based on product, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for polyvinyl alcohol fibers in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual product and application segments of the market in all the regions. 

The study includes profiles of major companies operating in the global polyvinyl alcohol fibers market. The global market is dominated by large players. Key players functioning in the market include Kuraray Co. Ltd., Unitika Ltd., Anuhi Wanwei Group, Sinopec SVW, Nitivy Ltd., Nycon Corporation, and MiniFiber. Market players have been profiled in terms of company overview, business strategies, and recent developments.

The report provides the estimated market size (in terms of value and volume) of the global polyvinyl alcohol fibers market for the base year 2017 and forecast for the period from 2018 to 2026. The market size and forecast for each product and application segment has been provided for the global and regional markets. 

Global Polyvinyl Alcohol Fibers Market, by Product

  • Filaments
  • Staples

Global Polyvinyl Alcohol Fibers Market, by Application

  • Cement Additives
  • Textiles
  • Nonwovens
  • Others (including Fishing Nets, Tire Cords, and Ropes)

Global Polyvinyl Alcohol Fibers Market, by Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe 
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa 

Key Takeaways

  • Extensive analysis of market trends from 2017 to 2026 to identify opportunities and market developments
  • Analysis of products and applications wherein polyvinyl alcohol fibers are used
  • Identification of key factors responsible for building a roadmap for upcoming opportunities for the polyvinyl alcohol fibers market at the global, regional, and country levels
  • Comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global polyvinyl alcohol fibers market between 2018 and 2026
  • Detailed competition landscape of key players operating in the market to understand competition level
  • Porters’ Five Forces analysis to highlight the power of buyers and suppliers in the market
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