Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Polyvinyl Alcohol (PVA) Market Trends:
The global market is primarily driven by the increasing demand for efficient food packaging solutions. Supported by the inflating disposable income levels of the masses and their shifting dietary preferences, this has created an escalating requirement for food packaging with excellent protection against moisture, oxygen, and other environmental components. PVA films not only offer exceptional barrier properties but also allow for easy handling of packaged products, which has resulted in their widespread adoption as a preferred food packaging solution. The market is further driven by the rising applications of PVA as a coating agent in the formulation of tablets and capsules across the pharmaceuticals sector. Moreover, PVA is extensively utilized as an additive in mortar and cement to minimize the drying time and prevent the chapping of the concrete material. It is also employed to improve the cohesion and fluidic properties of the cement while enhancing its adaptability. Significant growth in the construction sector across the globe is creating a positive outlook for the market. Also, an enhanced focus on sustainable development and the advent of bio-based PVA films in the market are expected to provide an impetus to the market growth. Some of the other factors contributing to the market include extensive research and development (R&D) activities and the increasing usage of PVA as thin-film transistors for the manufacturing of low-cost and versatile electronics. On account of the aforementioned factors, the market is expected to reach a value of US$ 1164 Million by 2026, expanding at a CAGR of 4.30% during 2021-2026.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Polyvinyl Alcohol (PVA) Market Segmentation:
Our report has categorized the market based on region, grade, end use industry and imports and exports.
Breakup by Grade:
Breakup by End Use Industry:
Imports and Exports:
Breakup by Region:
Key highlights of the report:
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