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- The global polyvinylpyrrolidone market is projected to expand at prodigious pace in the period of 2019 to 2027. This growth can be attributed to increased utilization of polyvinylpyrrolidone across pharmaceutical and cosmetic industries.
- On regional front, the polyvinylpyrrolidone market is estimated to gain promising growth opportunities in Asia Pacific.
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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Some key players in the polyvinylpyrrolidone market are:
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