MEA Polyvinylpyrrolidone (PVP) Market - Industry Trends and Forecast to 2030

MEA Polyvinylpyrrolidone (PVP) Market - Industry Trends and Forecast to 2030

Middle East and Africa Polyvinylpyrrolidone (PVP) Market, 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), Country (United Arab Emirates, Saudi Arabia, Egypt, South Africa, Israel, and the Rest of Middle East and Africa), Industry Trends and Forecast to 2030.

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.

Market Segmentation

The Middle East and Africa polyvinylpyrrolidone (PVP) market is segmented into five notable segments based on grade, type, form, application, and distribution channel.
• On the basis of grade, the market is segmented into K30, K90, K12, K25, K17, K60, K120, Crospovidone, Copovidone, XL-10, Ultra-10, Kollidon SR, Kollidon CL, and others
• On the basis of type, the market is segmented into medium molecular weight, high molecular weight, and low molecular weight
• On the basis of form, the market is segmented into the powder and liquid
• On the basis of application, the market is segmented into pharmaceutical, cosmetics, solvents, electrical & electronics, adhesives, agrochemicals, food & beverage, membranes, ceramics, home care, metal quenching, and others
• On the basis of distribution channel, the market is segmented into offline and online

Market Players

Some of the major players operating in the Middle East and Africa polyvinylpyrrolidone (PVP) market are listed below:
• BASF SE
• Ashland
• BALAJI AMINES
• Merck KGaA