Global 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 6.7% in the forecast period of 2023 to 2030 and is expected to reach USD 3,083,156.56 thousand by 2030. Application as an excipient in pharmaceutical products is an important factor for the global polyvinylpyrrolidone (PVP) market.

Polyvinylpyrrolidone (PVP) market report provides details of market share, new developments and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue-impact solution to achieve your desired goal.

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Market Analysis and Insights 

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.

Excipients are inert medicinal components utilized in the development of pharmaceutical products. Every excipient has its unique function, such as disintegrant, pH adjustment, binder or solvent. They are widely employed in the drug formulation process to enhance long-term stabilization, provide solid formulations with more strength and improve therapeutic drug bioavailability. The rise in chronic diseases, the growing demand for generic drugs and the development of new active pharmaceutical ingredients and vaccines are a few of the factors which are driving the demand and usage in pharmaceutical industries. The recent COVID-19 pandemic too influenced the growth of the worldwide excipient market due to increased demand for pharmaceutical drugs.

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Polyvinylpyrrolidone (PVP) Market Scope

Global 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.

Distribution Channel

• Offline
• Online

On the basis of distribution channels, the market is segmented offline and online.

Competitive Landscape and Polyvinylpyrrolidone (PVP) Market Share Analysis

Global polyvinylpyrrolidone (PVP) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global 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 Global Polyvinylpyrrolidone (PVP) market.

 Some of the major players operating in the  Polyvinylpyrrolidone (PVP) market are,

Ashland, Boai NKY Pharmaceuticals Ltd., BALAJI AMINES, Hangzhou Motto Science & Technology Co., Ltd., JH Nanhang Life Sciences Co., Ltd. NIPPON SHOKUBAI CO., LTD., BASF SE, Merck KGaA, Alfa Aesar, Thermo Fisher Scientific and Huangshan Bonsun Pharmaceuticals Co., Ltd., among others.

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