Global Polyvinyldiene Chloride Resins Market: Overview
Polyvinyldiene chloride resins are used in flexible packaging applications. Polyvinyldiene chloride resins are clear and flexible synthetic thermoplastics produced by the polymerization of vinyldiene chloride. They offer excellent barrier to oxygen and water vapor. High gloss and strong barrier properties of polyvinyldiene chloride resins make them ideal for usage in food/medicine packaging in order to extend the shelf life. The gas barrier properties of Polyvinyldiene chloride resins are unaffected by relative humidity. Major applications of polyvinyldiene chloride resins include film coating, paper coating, binders, and flame-retardant binders. Polyvinyldiene chloride can be easily extruded and laminated. Generally, PVDC resins are often combined with commonly available plastics such as polypropylene. The shelf life of foods and pharmaceuticals can be extended significantly by packaging these with PVDC-coated films. PVDC resins offer oil resistance, chemical resistance, and heat sealability. Physical properties of PVDC resins are largely affected by storage temperature. Polyvinyldiene chloride resins are primarily used in packaging of food, drugs, cosmetics, and delicate products to extend their shelf life.
Global Polyvinyldiene Chloride Resins Market: Drivers and Restraints
Demand for polyvinyldiene chloride resins is high in the packaging sector. Demand for packaged food has been rising in emerging regions due to the rapid urbanization and growth in disposable income of consumers. Key applications of polyvinyldiene chloride resins in the food industry include packaging of poultry, cured meats, cheese, snack foods, tea, coffee, and confectionaries. Increase in population in countries such as China and India is anticipated to boost the food packaging industry in these countries. This, in turn, is expected to drive the polyvinyldiene chloride resins market. Rise in demand for polyvinyldiene chloride resins in the medical sector (osmotic bags) is also estimated to fuel the polyvinyldiene chloride resins market. Demand for polyvinyldiene chloride resins has been increasing in the military sector owing to their insulating and anti-corrosion properties. Polyvinyldiene chloride resins has minimal impact on the environment, as it meets the requirements of the governing authorities in North America and Europe.
Based on application, the global polyvinyldiene chloride resins market can be classified into food packaging, osmotic bags, insulating agents, and anti-corrosion agents. The food packaging segment can be further classified into packaging of poultry, cured meats, cheese, snack foods, tea, and confectionaries. Polyvinyldiene chloride resins are used to make wrap films, which offer low permeability to steam and oxygen to prevent food items from contamination. Advantages of PVDC resins in food packaging include controlled shrink, resistance against heat and high mechanical stress, and suitability for pasteurization. In terms of end-use, the global polyvinyldiene chloride resins market can be divided into food & beverages, medical, and military & aerospace.
Global Polyvinyldiene Chloride Resins Market: Regional Outlook
The global polyvinyldiene chloride resins market expanded significantly in 2017. This trend is estimated to continue during the forecast period. North America is a key region of the polyvinyldiene chloride resins market, owing to presence of highly attractive aerospace and defense industries in the region. Germany, the U.K., and France are some of the major importers of polyvinyldiene chloride resins in Europe, led by the presence of an expanding food packaging industry in these countries. Rise in population, increase in urbanization, and changes in lifestyle are projected to boost the polyvinyldiene chloride resins market in Asia Pacific during the forecast period. Demand for polyvinyldiene chloride resins is high in China, India, and Japan. The polyvinyldiene chloride resins market in Latin America and Middle East & Africa is likely to expand at a significant pace during the forecast period, owing to the recent economic progress in these regions.
Global Polyvinyldiene Chloride Resins Market: Key Players
Key players operating in the global polyvinyldiene chloride resins market include Solvay, Dow DuPont, and Asahi Kasei.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.