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The global food grade polyvinyl acetate market is expected to grow at a CAGR of 5.10% in the forecast period of 2024-2032.
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North America is one of the significant regions of the food grade polyvinyl acetate industry due to the robust growth of the food and beverages industry. As food and beverage manufacturers as well as retailers are incorporating food-grade polyvinyl acetate solutions into their product portfolios to extend the shelf life of the edibles, the market is growing rapidly. Meanwhile, the Asia Pacific region is witnessing robust growth due to the rising use of polyvinyl acetate in food-grade materials by manufacturers. The growing use of food grade polyvinyl acetate as an alternative for synthetic plastic for food applications is driving the market growth. The rising awareness regarding the harmful effects of contamination is increasing the demand for food grade polyvinyl acetate, hence significantly contributing to the growth of the overall market.
Food grade polyvinyl acetate is a synthetic polymer that is biocompatible, bioadhesive, and non-toxic. It is typically utilised as a raw material in manufacturing chewing gums. It coats citrus fruits, sweets, chocolate, and apples in a glossy finish and is used to layer fruits. The new apples or citrus fruits with PVA coatings appear fresh and delicious, due to which they are extensively used to enhance the freshness and shelf stability of food products.
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By type, the market is divided into:
The major applications of food grade polyvinyl acetate in the market include:
The EMR report looks into the regional markets of food grade polyvinyl acetate like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growth of the global market can be attributed to the increasing demand for food grade polyvinyl acetate in various applications such as in the coating of gum candy and fresh fruit. In addition, the growing demand for high-quality and ready-to-eat foods with extended shelf lives are leading to the development of new manufacturing technologies that efficiently preserve the freshness, appearance, and flavour profile of products. This, in turn, is surging the demand for food grade polyvinyl acetate in the food and beverage industry, which is anticipated to provide further impetus to the growth of the market in the forecast period.
The report gives a detailed analysis of the following key players in the global food grade polyvinyl acetate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global food grade polyvinyl acetate market is projected to grow at a CAGR of 5.10% between 2024 and 2032.
The industry is being fuelled by the increasing awareness regarding health and safety issues related to plastic materials used in food packaging, the robust growth of the food and beverages industry, and the introduction of stringent regulations regarding the use of plastics in the food and beverages industry.
The increasing demand for food grade polyvinyl acetate in various applications, and the growing demand for natural food and beverages with extended shelf life are predicted to propel the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of food grade polyvinyl are granular and flakes.
The significant applications of food grade polyvinyl acetate in the market include gum candy and fresh fruit, among others.
The major players in the industry are Wacker, Brenntag Specialties, Vinavil, Jiangsu Yinyang Gumbase Materials, Celanese, Foreverest Resources Ltd., and Nacalai, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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