Rising Demand for High Performance Water-soluble Polymers Boosts Growth of Polyvinylpyrrolidone Market
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The global polyvinylpyrrolidone market is projected to expand at prodigious pace in the period of 2019 to 2027. This growth can be attributed to increased utilization of polyvinylpyrrolidone across pharmaceutical and cosmetic industries.
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On regional front, the polyvinylpyrrolidone market is estimated to gain promising growth opportunities in Asia Pacific.
ALBANY, N.Y., Feb. 9, 2021 /PRNewswire/ Polyvinylpyrrolidone, also known as polyvidone or povidone or PVP, refers to a water-soluble polymer. This white colored chemical is available in hygroscopic powder form with a weak characteristic odor. Polyvinylpyrrolidone is manufactured using free radical polymerization process of N-vinyl pyrrolidone monomer and 2-propanol or water.