The Global Fully Hydrolyzed Polyvinyl Alcohol Market was valued at USD 1.45 Billion in 2025 and is projected to reach USD 1.98 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period (2024–2030). This growth is being driven by increasing demand from the construction, packaging, and textile industries, alongside the accelerating adoption of water-soluble and eco-friendly polymer solutions across various manufacturing sectors.

As industries worldwide shift towards sustainable and high-performance materials, the spotlight is on the key polymer producers who are driving innovation, quality, and specialized application development. In this blog, we profile the Top 10 Companies in the Fully Hydrolyzed Polyvinyl Alcohol Industry—a mix of global chemical giants and specialized manufacturers shaping the future of this versatile polymer.

---

🔟 1. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: POVAL™ Fully Hydrolyzed PVA, various viscosity grades

Kuraray is a global leader in the production of polyvinyl alcohol and its derivatives. The company’s POVAL™ brand is recognized for high purity, consistency, and performance across applications like film, adhesives, and textiles. Kuraray maintains a strong focus on R&D to develop new PVA grades for emerging applications.

Innovation and Market Focus:

• Development of high-performance PVA for barrier films
• Expansion of production capacity in Asia and North America
• Strategic focus on sustainable and biodegradable polymer solutions

Download FREE Sample Report:
Fully Hydrolyzed Polyvinyl Alcohol Market – View in Detailed Research Report

---

9️⃣ 2. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: SELVOL™ Fully Hydrolyzed PVA

Sekisui Chemical is a major global supplier of polyvinyl alcohol, with its SELVOL™ brand serving diverse markets including paper, construction, and electronics. The company’s extensive product portfolio caters to specific customer requirements for viscosity, solubility, and chemical resistance.

Innovation and Market Focus:

• Specialty PVA grades for electronic and optical applications
• Development of low-viscosity grades for specific industrial uses
• Global supply chain optimization for consistent quality delivery

---

8️⃣ 3. Anhui Wanwei Group Co., Ltd.

Headquarters: Chaohu, Anhui, China
Key Offering: VINEX® Fully Hydrolyzed PVA

Anhui Wanwei Group is one of China’s largest producers of polyvinyl alcohol and vinyl acetate derivatives. The company’s VINEX® brand has gained significant market share in Asia and globally, supported by large-scale production facilities and competitive pricing.

Innovation and Market Focus:

• Large-scale production capacity exceeding 300,000 tons annually
• Focus on cost-effective PVA solutions for construction and textiles
• Expansion into high-value PVA applications and export markets

---

7️⃣ 4. Nippon Chemical Industrial Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: NICCA CHEMICAL PVA, specialty grades

Nippon Chemical Industrial specializes in high-quality chemical products, including fully hydrolyzed PVA for demanding applications. The company focuses on developing specialized grades with specific properties for niche markets and advanced manufacturing processes.

Innovation and Market Focus:

• Specialty PVA for pharmaceutical and cosmetics industries
• High-purity grades for electronic component manufacturing
• Customized solutions for specific customer applications

Download FREE Sample Report:
Fully Hydrolyzed Polyvinyl Alcohol Market – View in Detailed Research Report

---

6️⃣ 5. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: FULLY HYDROLYZED PVA, various application grades

Chang Chun Group is a leading chemical manufacturer with significant production capacity for polyvinyl alcohol. The company serves global markets with a comprehensive range of PVA products designed for different industrial applications and processing requirements.

Innovation and Market Focus:

• Broad product portfolio covering multiple viscosity ranges
• Strong presence in Asian and North American markets
• Investment in sustainable production technologies

---

5️⃣ 6. Inner Mongolia Shuangxin Environment

Headquarters: Inner Mongolia, China
Key Offering: Fully Hydrolyzed PVA for industrial applications

Inner Mongolia Shuangxin Environment has emerged as a significant producer in China’s rapidly growing PVA market. The company leverages regional advantages in raw material sourcing and energy costs to offer competitive PVA products for various industrial uses.

Innovation and Market Focus:

• Cost-competitive PVA production using local resources
• Focus on standard grades for construction and adhesive applications
• Expansion of production capacity to meet domestic demand

---

4️⃣ 7. Chuanwei Chemical

Headquarters: Sichuan, China
Key Offering: Fully Hydrolyzed PVA, industrial grades

Chuanwei Chemical is a prominent Chinese manufacturer of polyvinyl alcohol with a strong domestic market presence. The company produces various grades of fully hydrolyzed PVA tailored to the specific needs of the Chinese industrial sector.

Innovation and Market Focus:

• Specialization in PVA for textile and paper applications
• Development of customized solutions for local manufacturers
• Quality improvement initiatives for international market entry

---

3️⃣ 8. Ningxia Dadi Circular Development

Headquarters: Ningxia, China
Key Offering: Fully Hydrolyzed PVA, standard industrial grades

Ningxia Dadi Circular Development focuses on the production of polyvinyl alcohol with an emphasis on circular economy principles. The company integrates PVA manufacturing with other chemical processes to optimize resource utilization and minimize environmental impact.

Innovation and Market Focus:

• Circular economy approach to PVA production
• Cost-effective solutions for price-sensitive markets
• Expansion into specialty PVA applications

---

2️⃣ 9. SINOPEC Shanghai Petrochemical Company

Headquarters: Shanghai, China
Key Offering: Fully Hydrolyzed PVA, petroleum-based grades

As part of the SINOPEC group, Shanghai Petrochemical Company brings significant petrochemical expertise to PVA production. The company produces fully hydrolyzed PVA using integrated petrochemical processes, ensuring consistent quality and reliable supply.

Innovation and Market Focus:

• Integrated petrochemical production for quality control
• Strategic focus on domestic Chinese market needs
• Development of PVA for construction and industrial applications

---

1️⃣ 10. JAPAN VAM & POVAL

Headquarters: Tokyo, Japan
Key Offering: Fully Hydrolyzed PVA, specialty and standard grades

JAPAN VAM & POVAL specializes in vinyl acetate monomer and polyvinyl alcohol production, with a focus on high-quality products for demanding applications. The company’s technical expertise supports the development of specialized PVA grades for niche markets.

Innovation and Market Focus:

• Technical expertise in PVA polymerization processes
• Focus on high-value applications and specialty grades
• Strong customer technical support and application development

---

🌍 Outlook: The Future of Fully Hydrolyzed Polyvinyl Alcohol Is Innovation-Driven

The fully hydrolyzed polyvinyl alcohol market is experiencing steady growth driven by its unique combination of properties including water solubility, film-forming ability, and biodegradability. While traditional applications continue to dominate consumption, the industry is investing in new application development and sustainable production methods.

📈 Key Trends Shaping the Market:

• Growing demand for eco-friendly packaging and water-soluble films
• Expansion of PVA applications in construction and textile industries
• Development of high-performance grades for electronic and pharmaceutical uses
• Increasing production capacity in Asia, particularly China

Get Full Report Here:
Fully Hydrolyzed Polyvinyl Alcohol Market – View in Detailed Research Report

The companies listed above are not only supplying essential polymer materials—they’re driving innovation and sustainability across multiple industries.