Polyvinyl Alcohol PVA Films

Polyvinyl Alcohol PVA Films Market Outlook

The global Polyvinyl Alcohol (PVA) films market is projected to reach approximately USD 1.2 billion by 2035, growing at a remarkable CAGR of around 6.5% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for eco-friendly packaging solutions across various industries, especially in food packaging and detergent sectors, where sustainability is becoming a critical focus. Additionally, the rise in the adoption of PVA films in the medical field for various applications such as drug delivery and wound care is expected to complement market growth. Furthermore, advancements in manufacturing technologies and innovation in product formulations are anticipated to enhance the applicability of PVA films, driving their demand. The growing awareness regarding environmental concerns and the shift towards biodegradable materials are also pivotal factors contributing to the market expansion.

Growth Factor of the Market

The growth of the Polyvinyl Alcohol (PVA) films market is largely driven by the increasing focus on sustainable and biodegradable packaging solutions. With the escalating global concern over plastic waste and pollution, companies are seeking alternatives that are both effective and environmentally friendly. PVA films, being water-soluble and biodegradable, are increasingly being adopted in various applications, particularly in the food and detergent sectors. Moreover, the pharmaceutical industry's need for specialized packaging solutions for medical products has further stimulated the market's expansion. Additionally, technological advancements in the production processes of PVA films are resulting in improved qualities, such as enhanced barrier properties and water solubility, which meet the specific needs of diverse applications. The versatility of PVA films in terms of customization for different industries also plays a vital role in boosting their utilization.

Key Highlights of the Market

• The global PVA films market is expected to grow at a CAGR of 6.5% from 2025 to 2035.
• Increasing demand for eco-friendly packaging solutions is a significant driving force.
• PVA films are gaining traction in the pharmaceutical and medical sectors.
• Technological innovations are enhancing the properties of PVA films.
• The versatility of applications in various industries supports market expansion.

By Product Type

Water-Soluble PVA Films:

Water-soluble PVA films are primarily used for packaging applications due to their unique property of dissolving in water. This characteristic makes them particularly desirable in the food and detergent packaging industries, where such films can be used to create single-use applications that eliminate the need for traditional plastics. The increasing focus on reducing plastic waste is propelling the demand for these films, as they offer an eco-friendly alternative that can decompose without leaving harmful residues. The growth in e-commerce and the demand for convenient packaging solutions further enhances their market appeal, making them a key segment in the overall PVA films market.

Polarizer PVA Films:

Polarizer PVA films are extensively utilized in the electronics industry, predominantly in the production of LCD screens and displays. These films play a crucial role in enhancing image quality and contrast in electronic devices. With the continuous advancement in display technology and the growing popularity of smart devices, the demand for polarizer PVA films is on the rise. Additionally, the increasing proliferation of electronic devices, including smartphones, tablets, and televisions, further drives the need for high-quality polarizer films. This segment is expected to witness significant growth as manufacturers invest in developing innovative polarizer solutions to cater to the evolving market demands.

Barrier PVA Films:

Barrier PVA films are designed to provide excellent moisture and gas barrier properties, making them ideal for various packaging applications, especially in food packaging. The ability of these films to preserve the freshness and extend the shelf life of perishable goods contributes to their growing demand in the food industry. Additionally, the rise in health-conscious consumers seeking high-quality packaged products further boosts the requirement for barrier PVA films. This segment's growth is also supported by stringent regulations related to food safety and packaging standards, as manufacturers strive to comply with these requirements by utilizing advanced barrier film solutions.

Agricultural PVA Films:

Agricultural PVA films are increasingly being adopted for various applications within the agricultural sector, including crop protection and mulching. These films are biodegradable and contribute to reducing environmental impact, aligning with the global trend towards sustainable agriculture practices. The growing emphasis on organic farming and the need for effective pest control solutions are propelling the demand for agricultural PVA films. As farmers seek innovative methods to enhance crop yield while minimizing environmental damage, the adoption of PVA films in agricultural applications is expected to grow significantly over the forecast period.

Others:

This category encompasses a range of specialized PVA films tailored for unique applications across various industries, including textile, construction, and personal care. The versatility of PVA films allows for custom formulations that meet specific industry requirements, driving innovation and growth in this segment. As industries continue to evolve and adopt new technologies, the demand for specialized PVA films is likely to expand, catering to niche markets that require specific functionalities such as enhanced strength, flexibility, or surface properties.

By Application

Food Packaging:

The food packaging segment is one of the most significant applications of PVA films, driven by the increasing demand for sustainable and safe packaging solutions. PVA films are particularly advantageous due to their ability to maintain food quality while being biodegradable, making them a desirable choice for environmentally conscious consumers. The growing trend of packaged food consumption and the rising need for single-use and portion-controlled packaging further enhance the market for PVA in this application. Additionally, regulatory pressures to reduce plastic usage in the food industry are prompting manufacturers to adopt PVA films, significantly boosting this segment's growth potential.

Detergent Packaging:

PVA films have witnessed considerable adoption in detergent packaging due to their water-soluble properties, which provide a convenient solution for single-use detergent pods. This application aligns with the rising consumer preference for convenient and efficient cleaning products. The ability of PVA films to dissolve in water eliminates the need for additional packaging materials, further reducing waste. The market for detergent packaging is expected to grow significantly as more manufacturers enter this segment, driven by the demand for eco-friendly packaging solutions and the convenience offered by water-soluble films.

Medical:

In the medical sector, PVA films are utilized for various applications, including drug delivery systems and wound care products. Their biocompatibility and ability to form hydrogels make them suitable for controlled release applications, enhancing the effectiveness of medical treatments. The growing emphasis on advanced healthcare solutions and the increasing prevalence of chronic diseases are driving the demand for innovative medical packaging solutions, including PVA films. As healthcare continues to evolve, the role of PVA films in enhancing patient care and treatment efficiency is expected to expand significantly.

Textile:

PVA films are gaining traction in the textile industry due to their properties that enhance fabric performance, such as water resistance and improved durability. These films are applied as coatings in various textile products, providing desirable characteristics that meet consumer demand for high-quality fabrics. The increasing focus on sustainable textiles and the adoption of eco-friendly materials are further propelling the use of PVA films in this sector. As manufacturers seek innovative solutions to differentiate their products in a competitive market, the demand for PVA films in textiles is anticipated to rise.

Others:

This category includes diverse applications of PVA films across various industries, such as personal care, construction, and packaging of industrial products. The versatility of PVA films allows for their customization to meet specific application requirements, driving innovation and expansion in this segment. As industries continue to explore new applications and functionalities of PVA films, the demand in this category is expected to grow, supported by advancements in technology and an increasing focus on sustainable solutions.

By Distribution Channel

Online Stores:

The online distribution channel for PVA films has seen significant growth, driven by the increasing trend of e-commerce and the changing consumer purchasing behavior. Online stores offer a wide range of PVA products, providing customers with convenient access to various options and competitive pricing. The ability to compare products easily and read customer reviews enhances consumer confidence when purchasing PVA films online. The COVID-19 pandemic has accelerated the shift toward online shopping, and this trend is expected to continue, further boosting the market for PVA films through e-commerce platforms.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets serve as traditional distribution channels for PVA films, providing customers with easy access to a variety of products. These retail outlets often carry PVA films in the packaging section, catering to consumers looking for eco-friendly packaging solutions. The convenience of shopping at physical stores and the ability to personally inspect products are key factors driving sales through this channel. Additionally, as sustainability becomes a more pressing concern among consumers, supermarkets and hypermarkets are increasingly expanding their offerings of eco-friendly products, including PVA films.

Specialty Stores:

Specialty stores cater to specific market segments and are essential in promoting PVA films among niche consumers. These stores often focus on eco-friendly or biodegradable products, attracting environmentally conscious customers seeking sustainable packaging solutions. The expert knowledge and personalized service provided by specialty store staff can help educate consumers on the benefits and applications of PVA films. As awareness of sustainable products increases, the role of specialty stores in promoting PVA films is expected to grow, contributing to market expansion.

Industrial Stores:

Industrial stores play a crucial role in the distribution of PVA films for commercial and industrial applications. These stores cater to businesses that require bulk orders of PVA films for various manufacturing processes, including food production, textiles, and medical supplies. The ability to source large quantities of PVA films through industrial stores is vital for businesses looking to meet production demands efficiently. As industries continue to embrace sustainable practices and seek eco-friendly materials, the role of industrial stores in the PVA films market is expected to increase, driving growth in this segment.

Others:

This category encompasses various alternative distribution channels for PVA films, including direct sales from manufacturers, trade shows, and industrial exhibitions. These channels provide manufacturers with opportunities to showcase their products to potential customers and build relationships within the industry. As the demand for PVA films continues to rise, the exploration of varied distribution channels will become increasingly important for manufacturers seeking to expand their market reach and penetrate new segments.

By Ingredient Type

Polyvinyl Alcohol:

Polyvinyl Alcohol is the primary ingredient in the production of PVA films, providing essential properties such as water solubility and biodegradability. The quality of the PVA used in film manufacturing significantly influences the performance and application range of the films. Manufacturers are continuously working to enhance the purity and properties of Polyvinyl Alcohol to meet the diverse needs of various industries. The demand for high-quality PVA is expected to rise as industries increasingly prioritize sustainability and eco-friendliness, further propelling the growth of this ingredient segment.

Plasticizers:

Plasticizers are crucial additives used in the formulation of PVA films, as they enhance flexibility and workability. The incorporation of plasticizers allows manufacturers to produce films that meet specific performance criteria for different applications. The growing demand for more flexible and high-performance PVA films across industries such as packaging and textiles is driving the market for plasticizers. As innovation continues to play a significant role in the development of new film formulations, the importance of plasticizers in the PVA films market is expected to grow.

Colorants:

Colorants are added to PVA films to provide aesthetic appeal and branding opportunities, particularly in the packaging industry. The use of colorants can enhance product visibility and attract consumer attention, which is vital in a competitive market. As brands increasingly focus on packaging design and consumer engagement, the demand for colorful and visually appealing PVA films is expected to rise. Furthermore, advancements in colorant technology that promote eco-friendly and safe applications will play a significant role in driving this segment of the market.

Stabilizers:

Stabilizers are essential ingredients used in PVA film formulations to enhance their durability and performance during manufacturing processes. These additives help to improve the thermal stability and overall lifespan of the films, making them suitable for various applications. The increasing demand for high-quality, long-lasting films in industries such as food packaging and medical applications is driving the need for effective stabilizers in PVA formulations. As manufacturers continue to innovate and improve the durability of PVA films, the market for stabilizers is expected to witness considerable growth.

Others:

This category includes a variety of additional ingredients used in PVA film formulations, such as preservatives, surfactants, and fillers. Each of these ingredients plays a specific role in enhancing the properties and performance of the final product. The demand for tailored PVA films that meet specific application requirements is driving the need for a diverse range of ingredient types. As industries evolve and seek new solutions to address their needs, the market for various ingredient types used in PVA films is expected to expand significantly.

By Region

The Asia Pacific region is projected to dominate the PVA films market, accounting for approximately 40% of the global market share by 2035. This dominance can be attributed to the rapid industrialization and urbanization occurring in countries such as China, India, and Japan. The growing demand for packaging solutions in the food and consumer goods sectors, coupled with an increased focus on sustainable materials, is driving the growth of PVA films in this region. Furthermore, the rising awareness of environmental issues and the push for eco-friendly products among consumers are expected to create significant opportunities for PVA films in the Asia Pacific market. The region is anticipated to experience a CAGR of around 7% during the forecast period, reflecting strong growth potential.

North America is expected to be the second-largest market for PVA films, holding approximately 25% of the global share by 2035. The region's growth is driven by stringent regulations on plastic usage, leading manufacturers to seek sustainable alternatives like PVA films. The increasing demand for eco-friendly packaging in industries such as food and personal care is further propelling the market. The presence of key market players and an established infrastructure for manufacturing and distribution are additional factors contributing to the market growth in North America. The region is expected to grow at a CAGR of around 5.5% during the forecast period, indicating steady demand for PVA films.

Opportunities

The PVA films market presents numerous opportunities for growth, particularly in the context of the increasing demand for sustainable packaging solutions. As governments and organizations worldwide implement stricter regulations on single-use plastics, companies are under pressure to transition to eco-friendly alternatives. PVA films, being biodegradable and water-soluble, are well-positioned to meet this market need. This opens up avenues for manufacturers to innovate their product offerings and develop new formulations that cater to the evolving preferences of environmentally conscious consumers. Furthermore, the growing popularity of e-commerce has created opportunities for convenient packaging solutions, such as single-use and portion-controlled products that align with the trend of sustainability.

Another significant opportunity lies in the expanding applications of PVA films across diverse industries. Beyond traditional sectors like food and detergent packaging, PVA films are making inroads into medical applications, agriculture, and textiles. As manufacturers recognize the versatility of PVA films, they can capitalize on emerging markets where demand for specialized film formulations is increasing. Innovations in manufacturing technologies and product development will be key to unlocking these new opportunities. Additionally, collaborations and partnerships between manufacturers and end-users can facilitate the exploration of novel applications, further driving the growth of the PVA films market in the coming years.

Threats

Despite the promising outlook for the PVA films market, there are several threats that could hinder its growth trajectory. One of the primary challenges is the intense competition from alternative packaging materials, such as biodegradable plastics and other eco-friendly options that are gaining popularity in the market. As manufacturers continue to innovate and improve the performance of these alternatives, the demand for PVA films may face pressures, particularly in price-sensitive markets. Companies will need to differentiate their products and showcase the benefits of PVA films to maintain market share against these emerging competitors.

Another potential threat is the volatility of raw material prices, which can significantly impact production costs and profitability for manufacturers of PVA films. Fluctuations in the prices of Polyvinyl Alcohol and other key ingredients used in film production can affect overall market dynamics. Additionally, any changes in regulations or compliance standards regarding the production and use of PVA films could pose challenges for manufacturers. Adapting to these regulatory changes may require additional investments in research and development, further impacting operational costs and market competitiveness.

Competitor Outlook

• Kuraray Co., Ltd.
• NEEPA HINGE
• Suzhou Saiding New Material Co., Ltd.
• Fujian Dali Plastics Co., Ltd.
• Huaian Dadi Plastic Co., Ltd.
• Jiangxi Aoxin New Material Co., Ltd.
• Hangzhou Zhongtian Plastic Co., Ltd.
• Shandong Dazhong Plastic Co., Ltd.
• Sumitomo Chemical Co., Ltd.
• Vibra-Stop
• Wuxi Huanxing Plastic Co., Ltd.
• Changzhou Huasheng Plastic Co., Ltd.
• Shenzhen Hutech Co., Ltd.
• Yunnan Huayi Co., Ltd.
• China National Chemical Corporation (ChemChina)

The competitive landscape of the Polyvinyl Alcohol (PVA) films market is characterized by the presence of several key players, each vying for market share through innovation and strategic partnerships. These companies focus on enhancing their product offerings to meet the growing demand for sustainable packaging solutions. Major players such as Kuraray Co., Ltd. and Sumitomo Chemical Co., Ltd. are investing in research and development to improve the properties of PVA films, such as water solubility, barrier characteristics, and mechanical strength. The emphasis on sustainability and eco-friendliness is driving these companies to explore bio-based alternatives and more innovative production methods to reduce their environmental footprint.

In addition to product innovation, strategic partnerships and collaborations are essential strategies employed by key players in the market. By forming alliances with suppliers, manufacturers, and end-users, companies can enhance their supply chain capabilities and expand their market reach. For example, partnerships with agricultural companies to develop specialized PVA films for crop protection can open new avenues for growth. Companies are also focused on enhancing their distribution channels to improve product availability and accessibility to a wider customer base, particularly in emerging markets.

Furthermore, the competitive landscape is marked by the emergence of regional players and new entrants that are challenging established companies. These players often focus on niche markets or specialized applications of PVA films, providing tailored solutions that meet specific customer needs. This trend is fostering healthy competition within the market, encouraging innovation and driving improvements in product quality. Companies must remain agile and responsive to changing market dynamics to maintain their competitive edge in this evolving landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Vibra-Stop
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 NEEPA HINGE
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Kuraray Co., Ltd.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Yunnan Huayi Co., Ltd.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Shenzhen Hutech Co., Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Sumitomo Chemical Co., Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Huaian Dadi Plastic Co., Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Fujian Dali Plastics Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Wuxi Huanxing Plastic Co., Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Shandong Dazhong Plastic Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Changzhou Huasheng Plastic Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Hangzhou Zhongtian Plastic Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Jiangxi Aoxin New Material Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Suzhou Saiding New Material Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Chemical Corporation (ChemChina)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Polyvinyl Alcohol PVA Films Market, By Application
    • 6.1.1 Food Packaging
    • 6.1.2 Detergent Packaging
    • 6.1.3 Medical
    • 6.1.4 Textile
    • 6.1.5 Others
  • 6.2 Polyvinyl Alcohol PVA Films Market, By Product Type
    • 6.2.1 Water-Soluble PVA Films
    • 6.2.2 Polarizer PVA Films
    • 6.2.3 Barrier PVA Films
    • 6.2.4 Agricultural PVA Films
    • 6.2.5 Others
  • 6.3 Polyvinyl Alcohol PVA Films Market, By Ingredient Type
    • 6.3.1 Polyvinyl Alcohol
    • 6.3.2 Plasticizers
    • 6.3.3 Colorants
    • 6.3.4 Stabilizers
    • 6.3.5 Others
  • 6.4 Polyvinyl Alcohol PVA Films Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Supermarkets/Hypermarkets
    • 6.4.3 Specialty Stores
    • 6.4.4 Industrial Stores
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Polyvinyl Alcohol PVA Films Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Polyvinyl Alcohol PVA Films market is categorized based on

By Product Type

• Water-Soluble PVA Films
• Polarizer PVA Films
• Barrier PVA Films
• Agricultural PVA Films
• Others

By Application

• Food Packaging
• Detergent Packaging
• Medical
• Textile
• Others

By Distribution Channel

• Online Stores
• Supermarkets/Hypermarkets
• Specialty Stores
• Industrial Stores
• Others

By Ingredient Type

• Polyvinyl Alcohol
• Plasticizers
• Colorants
• Stabilizers
• Others

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Kuraray Co., Ltd.
• NEEPA HINGE
• Suzhou Saiding New Material Co., Ltd.
• Fujian Dali Plastics Co., Ltd.
• Huaian Dadi Plastic Co., Ltd.
• Jiangxi Aoxin New Material Co., Ltd.
• Hangzhou Zhongtian Plastic Co., Ltd.
• Shandong Dazhong Plastic Co., Ltd.
• Sumitomo Chemical Co., Ltd.
• Vibra-Stop
• Wuxi Huanxing Plastic Co., Ltd.
• Changzhou Huasheng Plastic Co., Ltd.
• Shenzhen Hutech Co., Ltd.
• Yunnan Huayi Co., Ltd.
• China National Chemical Corporation (ChemChina)