Plastics are vastly used by mankind everywhere, while they are mostly harmful for nature, among them is Polyvinyl Alcohol which is quite different.
Polyvinyl alcohol (also known as PVA or PVOH) is a water-soluble synthetic polymer, in other words, it is a plastic which is solved in the water.
It is safe and environmentally friendly. The FDA recognizes polyvinyl alcohol as generally safe.
Retro Raw Materials is involved in the international trade of this environmentally friendly plastic and is aiming to pass the borderline of one thousand Mt/year.
PVA film has many distinctive and useful properties. It exhibits excellent tensile strength and elongation. It has one of the best oxygen barriers known to science, making it ideal for preventing food spoilage. It also provides a superior barrier to oil grease and solvents, which can damage, adhere to or bleed-through other substrates.
Typical PVA properties are:
Polyvinyl alcohol is encountered in various applications, from medications to food packaging to detergent pods. It is used in papermaking, textile warp sizing, as a thickener, in a variety of coatings, and 3D printing. PVA-based polymers are used widely in additive manufacturing. Another application of PVA is photographic film.
It is commonly used in food packaging, as well as capsules for dietary supplements. In the form of film, Polyvinyl Alcohol has good barrier properties to gases, that is why it is used in food packing vastly. It’s safe to consume in normal quantities.
Polyvinyl alcohol is currently used in recycling paper and cardboard. Because of its solubility, it does not contaminate recycling streams for other materials as it evacuates in the rinse process.
Retro is developing its connections and supplying market in the region of Asia Pacific because it is this region which drives global demand growth, and even the global production capacities are largely located in Asia Pacific.
Global consumption of PVA is growing and is forecast to reach 1.5 million metric tons by 2024. Global demand is dominated by China, which is forecast to reach 0.6 million metric tons by 2024. The global polyvinyl alcohol market size was estimated at around USD 1 Billion in 2020.
The polyvinyl market is facing high competition. It is rising due to a wide range of expansions, mergers, collaborations, and partnerships in the market.
Retro is using this rise as an opportunity to increase its market share in this emerging industry.
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