Middle East and Africa Polyvinylpyrrolidone (PVP) Market – Industry Trends and forecast period of 2021 to 2030.
The Middle East and Africa polyvinylpyrrolidone (PVP) market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.8% in the forecast period of 2023 to 2030 and is expected to reach USD 119,310.36 thousand by 2030. Application as an excipient in pharmaceutical products is an important factor for the Middle East and Africa polyvinylpyrrolidone (PVP) market.
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Market Definition
Polyvinylpyrrolidone is also known as povidone or PVP. It is popularly used in the pharmaceutical industry as a synthetic polymer vehicle for dispersing and suspending drugs. The PVP is used in various pharmaceutical operations, including binder for tablets and capsules, film former for ophthalmic solutions, flavoring liquids and chewable tablets and as an adhesive for transdermal systems. The PVP appears as a white to slightly off-white powder and can dissolve in both water and oil solvents. The PVP is increasingly being used for biocompatibility, absence of toxicity and high capacity to form interpolymer complexes. Thus, the PVP market is expected to grow due to the demand for PVP in designing materials for different applications as biomaterials for medical and nonmedical uses.
Middle East and Africa Polyvinylpyrrolidone (PVP) Market Scope
Middle East and Africa polyvinylpyrrolidone (PVP) market is categorized into grade, type, form, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Grade
- K30
- K90
- K12
- K25
- K17
- K60
- K120
- Crospovidone
- Copovidone
- XL-10
- Ultra-10
- Kollidon SR
- Kollidon CL
- Others
On the basis of grade, the market is segmented into K30, K90, K12, K25, K17, K60, K120, Crosopovidone, Copovidone, XL-10, Ultra-10, Kollidon SR, Kollidon CL and others.
Type
- Medium molecular weight
- High molecular weight
- Low molecular weight
On the basis of type, the market is segmented into medium molecular weight, high molecular weight, low molecular weight and others.
Form
- Powder
- Liquid
On the basis of form, the market is segmented into powder, liquid and others.
- Application
- Pharmaceutical
- cosmetics
- Solvents
- Electrical & electronics
- Adhesives
- Agrochemicals
- Food & beverage
- Membranes
- Ceramics
- Home care
- Metal quenching
- Others
On the basis of application, the market is segmented into pharmaceuticals, cosmetics, solvents, electrical & electronics, adhesives, agrochemicals, food & beverage, membranes, ceramics, home care, metal quenching and others.
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Segment Analysis:
By Grade (K30, K90, K12, K25, K17, K60, K120, Kollidon SR, Kollidon CL, Crospovidone, Copovidone, XL-10, Ultra-10 and Others), Type (Medium Molecular Weight, High Molecular Weight and Low Molecular Weight), Form (Powder and Liquid), Application (Pharmaceutical, Cosmetics, solvents, Electrical & Electronics, Adhesives, Agrochemicals, Food & Beverage, Membranes, Ceramics, Home Care, Metal Quenching and Others), Distribution Channel (Offline and Online)
CHALLENGE
Credible threat of other substitutes
Polyvinylpyrrolidone is one of the most used polymers because of its wide range of applications. It has the important role of excipients like a binder in the production of pharmaceutical products due to its unique properties. However, polyvinylpyrrolidone production requires harmful chemicals which have a negative side effects on health. The polymer is also non-biodegradable. Thus, it stays for a long time in the environment. Owing to such drawbacks, consumers are looking for other substitutes which are also sustainable in nature.
Hyaluronate is one of the naturally available alternatives for artificial polyvinylpyrrolidone, which has been replaced in intracytoplasmic sperm injection applications.
Recent Development
October 6 2022, According to the Times of India, the Middle East and Africa FMCG sector is well positioned to grow by USD 310.5 billion between 2022 and 2026, mostly due to an increase in the consumption of ready-to-eat food goods
Middle East and Africa Polyvinylpyrrolidone (PVP) Market Regional Analysis / Insights
Middle East and Africa polyvinylpyrrolidone (PVP) market is analyzed and market size information is provided by country, grade, type, form, application and distribution channel, as referenced above.
The countries covered are Egypt, Saudi Arabia, the United Arab Emirates, South Africa, Israel and the Rest of the Middle East and Africa.
South Africa is dominating the market due to growth in the fast-moving consumer good industry, and an increase in demand from end-user industries are expected to provide opportunities in the region.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
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Competitive Landscape and Polyvinylpyrrolidone (PVP) Market Share Analysis
The Middle East and Africa polyvinylpyrrolidone (PVP) market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the Middle East and Africa polyvinylpyrrolidone (PVP) market.
Some of the major players covered in the report are Ashland, BALAJI AMINES, BASF SE, and Merck KGaA, among others.
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Middle East and Africa Polyvinylpyrrolidone (PVP) Market
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Middle East and Africa Polyvinylpyrrolidone (PVP) Market
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