Poval

Poval Market Outlook

The global Poval market is projected to reach approximately USD 3.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 6.2% between 2025 and 2035. This growth trajectory is primarily driven by the increasing demand for eco-friendly materials in various applications, coupled with the rising trends in the packaging, textiles, and construction industries. The expansion of PVA-based products is further bolstered by enhanced technological advancements and innovations that improve product performance and sustainability. Additionally, the growing consumer awareness regarding the environmental impact of synthetic materials is compelling manufacturers to adopt PVA, a biodegradable alternative. The market dynamics indicate a robust opportunity for manufacturers to capitalize on the increasing need for sustainable solutions across multiple sectors.

Growth Factor of the Market

A significant growth factor for the Poval market is the rising awareness regarding the environmental footprints of various materials, which is driving consumers and businesses towards adopting biodegradable alternatives like Polyvinyl Alcohol (PVA). The versatility of PVA across diverse applications, including adhesives, paints, and textiles, also contributes to its growing popularity, as industries continuously seek efficient and sustainable options for production and packaging. Furthermore, the rapid urbanization and infrastructural development in emerging economies are creating heightened demand for PVA in construction applications, leading to market expansion. The ongoing research and development efforts to enhance the properties of PVA, such as its water solubility and adhesive characteristics, are further expected to foster growth in the coming years. Lastly, the trend towards e-commerce has allowed for easier distribution channels, making PVA products more accessible to consumers and businesses alike.

Key Highlights of the Market

• The Poval market is expected to grow at a CAGR of 6.2% from 2025 to 2035.
• Increasing demand for eco-friendly and biodegradable materials across various sectors.
• Rising applications of PVA in construction, textiles, and adhesives fostering market growth.
• Technological advancements leading to enhanced product formulations and innovations.
• Expanding distribution channels, including online stores, facilitating market accessibility.

By Product Type

PVA Resin:

PVA resin is a significant segment within the Poval market, primarily due to its versatile applications. This type of product is widely utilized in adhesives, coatings, and films because of its superior adhesive properties and water solubility. The demand for PVA resin is particularly high in the packaging industry, where it is used to create biodegradable films that serve as a sustainable alternative to conventional plastics. Additionally, innovations in formulation technology are allowing manufacturers to enhance the performance characteristics of PVA resin, making it even more desirable in various industrial applications. As industries continue to prioritize environmentally friendly materials, the market for PVA resin is expected to witness substantial growth in the coming years.

PVA Film:

PVA film is another essential product type in the Poval market, gaining traction due to its unique characteristics, such as high transparency and excellent barrier properties. These films are predominantly used in packaging applications, including food packaging and pharmaceutical products, where the need for shelf life extension and protection against contaminants is paramount. The growing trend toward sustainable packaging solutions is significantly driving the demand for PVA films, as they are biodegradable and contribute to reducing plastic waste in the environment. Additionally, advancements in film production technology are improving the durability and functionality of PVA films, further boosting their adoption across various sectors.

PVA Fiber:

PVA fiber is recognized for its high strength and elasticity, making it a preferred choice in textile applications. The fibers are often used in the production of non-woven fabrics, which find extensive use in hygiene products, medical textiles, and industrial applications. The increasing demand for high-performance textiles, combined with the growing focus on sustainable raw materials, is propelling the PVA fiber segment forward. As more textile manufacturers seek to reduce their environmental impact, the adoption of PVA fibers is expected to rise, marking a significant trend within the market. Furthermore, innovations in fiber technology are enabling the creation of specialized PVA fibers that enhance product performance and expand application possibilities.

PVA Sponge:

PVA sponge is unique due to its exceptional water absorption capacity and biodegradability, making it ideal for various applications, including cleaning products and personal care items. The sponge's ability to absorb water without releasing harmful substances aligns perfectly with the growing consumer demand for eco-friendly cleaning solutions. The versatility of PVA sponge allows it to be used in different formats, catering to sectors like cleaning, medical, and cosmetic applications. As industries look for sustainable materials that can perform well in demanding environments, the PVA sponge segment is anticipated to see growth as more manufacturers incorporate it into their product lines.

PVA Powder:

PVA powder is a crucial component in various industrial applications, offering excellent solubility and versatility across multiple sectors. The powder form is commonly used in the production of adhesives, coatings, and textile treatments, due to its ability to enhance product performance. As industries increasingly seek cost-effective and environmentally friendly solutions, the demand for PVA powder is expected to grow. Additionally, the rise of DIY and craft activities, particularly during the pandemic, has propelled the need for PVA powder in household applications such as arts and crafts. The ongoing development of innovative formulations using PVA powder is likely to drive its market further, providing new opportunities for growth.

By Application

Adhesives:

The adhesives application segment is a primary driver of the Poval market, as PVA-based adhesives are widely favored for their strong bonding properties and compatibility with various substrates. These adhesives are utilized across multiple industries, including woodworking, paper, and packaging, thanks to their excellent performance in providing durable bonds. As the demand for eco-friendly adhesives continues to rise, PVA adhesives, which are biodegradable and non-toxic, are gaining significant attention. This trend is likely to escalate, further propelling the PVA market as manufacturers strive to create sustainable solutions that meet both performance and environmental standards.

Paints & Coatings:

PVA is extensively used in the production of paints and coatings, owing to its ability to enhance moisture resistance and improve adhesion. This segment is growing due to the increasing demand for high-performance coatings in the construction and automotive sectors. PVA-based coatings are preferred for their low VOC emissions and environmental friendliness, making them an attractive option for manufacturers looking to comply with stringent environmental regulations. As the global trend moves toward high-quality, sustainable coatings, the contribution of PVA in this application is expected to expand, reinforcing its position in the market.

Textiles:

The textiles application segment is witnessing increased usage of PVA due to its excellent fiber characteristics and water solubility. In textiles, PVA is often employed in sizing agents that improve the strength and finish of fabrics. As the textile industry increasingly focuses on sustainability, the demand for PVA in textile applications is expected to increase significantly. Additionally, the ability of PVA to enhance the comfort and performance of textiles positions it as a favorable choice among manufacturers. As a result, the textiles segment is anticipated to contribute substantially to the overall growth of the Poval market in the coming years.

Construction:

PVA’s role in the construction industry is expanding, primarily due to its water-retaining properties and ability to improve the adhesion of cement and mortar. The use of PVA in construction applications enhances the durability and workability of building materials, making it an essential additive in various construction processes. The increasing construction activities globally, particularly in emerging markets, are likely to drive the demand for PVA in this sector. Additionally, the trend towards sustainable building materials is expected to further boost the PVA market, as it offers an effective alternative to traditional synthetic additives.

Others:

In addition to the aforementioned applications, PVA is used in several niche markets, including personal care, pharmaceuticals, and food processing. The versatility of PVA allows it to be formulated in ways that meet specific industry requirements, thereby carving out a significant niche in these sectors. As manufacturers continue to innovate and develop specialized PVA products for diverse applications, the ‘Others’ segment is expected to see notable growth. This trend is reflective of the overall versatility and adaptability of PVA, showcasing its potential in various markets beyond the traditional applications.

By Distribution Channel

Online Stores:

Online stores represent a growing distribution channel for Poval products, as e-commerce continues to transform retail landscapes. The convenience of online shopping allows consumers and businesses to easily access a wide range of PVA products from various manufacturers, facilitating informed purchasing decisions. Furthermore, the increasing trend of direct-to-consumer sales via e-commerce platforms is enabling manufacturers to reach a broader audience while minimizing distribution costs. As digital platforms become more prevalent, the online sales channel is anticipated to contribute significantly to the growth of the Poval market.

Specialty Stores:

Specialty stores act as important distribution channels for Poval products, particularly in industries requiring specific formulations and high-quality materials. These stores often provide a curated selection of PVA products tailored to meet the needs of professionals in sectors such as construction, textiles, and adhesives. The expertise offered by specialty retailers allows customers to receive personalized advice and support, facilitating tailored solutions for unique applications. As the demand for specialized products grows, specialty stores are expected to play a crucial role in the distribution of PVA, enhancing market access for consumers.

Direct Sales:

Direct sales constitute a significant distribution channel for Poval products, particularly for manufacturers looking to establish strong relationships with their clients. By bypassing intermediaries, manufacturers can offer competitive pricing while ensuring a direct line of communication to address customer needs and preferences. This approach is particularly prevalent in industries such as construction and textiles, where personalized service and customized solutions are essential. As businesses increasingly prioritize direct engagement with their suppliers, the direct sales channel is expected to grow, fostering closer relationships between manufacturers and their clients.

Wholesalers:

Wholesalers play an essential role in the distribution of Poval products, acting as intermediaries between manufacturers and retailers. They provide bulk purchasing options, enabling retailers to stock a wider variety of PVA products without incurring significant costs. The demand for PVA from various industries, such as construction and textiles, drives wholesalers to maintain a diverse inventory, allowing them to cater to a broad customer base. As the market for PVA expands, the importance of wholesalers in ensuring product availability and accessibility is expected to grow.

Others:

Other distribution channels, including trade shows and exhibitions, are also relevant for promoting and selling Poval products. These platforms allow manufacturers to showcase their offerings to potential clients and industry professionals, fostering networking opportunities and generating leads. As companies continue to seek innovative ways to market their products, participating in trade shows will remain a vital strategy for increasing visibility in the market. This segment contributes to the overall growth of the Poval market by facilitating connections between manufacturers, suppliers, and end-users.

By Ingredient Type

Polyvinyl Alcohol:

Polyvinyl Alcohol (PVA) is the primary ingredient type in the Poval market, serving as the backbone for various applications due to its unique properties. PVA is recognized for its excellent solubility in water, making it ideal for use in adhesives, films, and coatings. The growing trend towards environmentally friendly materials is propelling the demand for PVA, as it is biodegradable and non-toxic. Moreover, ongoing innovations in PVA formulations are enhancing its performance, leading to increased adoption across multiple industries. As industries strive to meet sustainability targets, the prominence of polyvinyl alcohol in the market is expected to grow substantially in the coming years.

Vinyl Acetate:

Vinyl acetate is another important ingredient used in the production of PVA, playing a crucial role in enhancing its adhesive properties. This ingredient is essential in manufacturing high-performance adhesives and coatings that meet stringent industry standards. The demand for vinyl acetate is closely linked to the growth of the adhesives market, particularly in sectors such as construction and automotive, where strong bonding solutions are required. As the need for effective adhesive materials continues to rise, vinyl acetate will remain a significant contributor to the overall growth of the Poval market.

Ethylene:

Ethylene is utilized in the production of various PVA formulations, enabling enhanced flexibility and performance characteristics in PVA products. The incorporation of ethylene into PVA products is particularly beneficial in applications where elasticity and durability are paramount, such as textiles and packaging. The growing demand for flexible and high-performance materials across various sectors is expected to drive the demand for ethylene-based PVA products. As manufacturers continue to explore the benefits of ethylene in PVA formulations, its significance in the market will likely increase.

Acetic Acid:

Acetic acid serves as a vital ingredient in producing PVA, contributing to the overall performance and stability of PVA formulations. This ingredient plays a crucial role in enhancing the solubility and compatibility of PVA with other materials, facilitating its use in diverse applications. As industries continue to prioritize high-quality and functional materials, the demand for acetic acid-based PVA products is expected to grow. Furthermore, the ongoing advancements in production technologies are anticipated to improve the efficiency of incorporating acetic acid into PVA formulations, thus driving market growth.

Others:

The 'Others' category includes various auxiliary ingredients that enhance the performance characteristics of PVA products, such as stabilizers, fillers, and colorants. These ingredients are essential for tailoring PVA formulations to meet specific industry requirements and performance standards. As manufacturers continue to innovate and develop customized PVA products for niche applications, the demand for these auxiliary ingredients is projected to increase. This segment reflects the ongoing evolution and diversification within the Poval market, showcasing the adaptability and multi-functional nature of PVA products.

By Region

The Poval market demonstrates significant regional variation in demand and growth potential. The Asia Pacific region is poised to dominate the market, accounting for over 40% of the total market share by 2035. This growth is attributed to rapid industrialization, urbanization, and a strong manufacturing base in countries like China and India. The increasing emphasis on sustainable materials in construction, textile, and packaging industries within this region is expected to further amplify the demand for PVA products, propelling a projected CAGR of 6.7% during the forecast period. Additionally, the burgeoning e-commerce landscape in Asia Pacific provides an essential avenue for the distribution of PVA products.

North America is expected to hold a significant share of the Poval market, primarily driven by the robust presence of key industries such as adhesives, paints, and textiles in the United States and Canada. The region's growing focus on sustainability and eco-friendly materials is fostering the adoption of PVA, further facilitating market growth. Additionally, the increasing trend of using PVA in construction and automotive applications is likely to boost demand within this region. The North American Poval market is projected to grow at a CAGR of approximately 5.8% between 2025 and 2035, reflecting a healthy expansion in various application segments.

Opportunities

The Poval market is witnessing several opportunities fueled by trends towards sustainability and environmental consciousness among consumers and industries. With governments around the world implementing stringent regulations against plastic usage, PVA, being a biodegradable alternative, is increasingly becoming a preferred choice for various applications. This shift towards eco-friendly materials is pushing manufacturers to innovate continuously, creating a demand for new and improved PVA formulations that meet specific industry requirements. Additionally, the rise in consumer awareness about sustainability is leading to a greater acceptance of PVA products in everyday applications, opening up new avenues for market expansion across numerous sectors.

Another key opportunity lies in the technological advancements that are being integrated into PVA product development. Innovations in manufacturing processes are leading to the creation of more durable, high-performance PVA products suitable for various demanding applications, such as construction and automotive. The ongoing research and development efforts aimed at enhancing the properties of PVA, such as its thermal stability and moisture resistance, will further bolster its applicability across diverse sectors. As industries continue to embrace advanced materials that provide superior performance while minimizing environmental impact, the Poval market is well-positioned to capitalize on these evolving trends and expand its reach significantly in the forthcoming years.

Threats

Despite the positive growth trajectory, the Poval market faces several threats that could hinder its progress. One of the primary concerns is the volatility in raw material prices, especially for ingredients like vinyl acetate and ethylene, which are crucial for PVA production. Fluctuations in these raw material costs can adversely affect the pricing strategies of manufacturers, leading to potential loss of competitiveness in the market. Additionally, the presence of substitute materials, such as synthetic polymers, poses a significant threat to the Poval market. As alternative solutions become more affordable and widely available, they may deter companies from adopting PVA products, thereby impacting market growth.

Moreover, the regulatory landscape surrounding the production and use of PVA materials is constantly evolving. While many regions are leaning towards stricter environmental regulations, manufacturers must ensure compliance with these standards, which can lead to increased operational costs. The complexities involved in navigating varying regulatory compliance across different countries can also become a considerable hindrance for businesses looking to expand their market presence. Therefore, these factors collectively create a challenging environment for the Poval market, necessitating strategic adaptability to mitigate potential risks and ensure ongoing growth.

Competitor Outlook

• Kuraray Co., Ltd.
• Sekisui Chemical Co., Ltd.
• Weifang Dazhong PVA Co., Ltd.
• China National Chemical Corporation (ChemChina)
• Jilin Chemical Group
• Huaian Dajiang Chemical Co., Ltd.
• Fujian Qihang Chemical Co., Ltd.
• Wacker Chemie AG
• Shandong Yanshan Chemical Co., Ltd.
• Evergreen Chemical Co., Ltd.
• Henan Yalong PVA Co., Ltd.
• Gohsen Chemical Co., Ltd.
• Guanhua Chemical Co., Ltd.
• Rudolf GmbH
• Jiangsu Haian Petrochemical Co., Ltd.

The competitive landscape of the Poval market is characterized by a mix of established players and emerging manufacturers, each striving to enhance their market presence through innovative product offerings and strategic partnerships. Companies are continually focusing on research and development to improve PVA formulations, ensuring they meet the evolving needs of end-users across various industries. Additionally, the competitive environment is marked by ongoing mergers and acquisitions, as companies seek to expand their product portfolios and geographical reach. The focus on sustainability is also influencing competitive strategies, with firms investing in eco-friendly production processes and biodegradable formulations to attract environmentally conscious consumers.

Among the prominent players in the market, Kuraray Co., Ltd. stands out as a leader in the production of PVA products, providing a broad range of applications across multiple sectors. The company's commitment to innovation and sustainability has enabled it to maintain a competitive edge, as it continuously adapts its product offerings to align with emerging market trends. Similarly, Sekisui Chemical Co., Ltd. is making significant strides in the Poval market, leveraging its advanced technological capabilities to develop high-performance PVA products tailored for specialized applications. This focus on innovation and customer-centric solutions is helping these companies reinforce their strong positions in the market while exploring new opportunities for growth.

Weifang Dazhong PVA Co., Ltd. is another key player in the Poval market, known for its extensive production capabilities and comprehensive product range. The company has been actively expanding its manufacturing facilities and investing in research and development to enhance its product offerings. Additionally, companies like China National Chemical Corporation (ChemChina) and Jilin Chemical Group are increasingly focusing on sustainable practices, looking to differentiate themselves in the competitive landscape by offering eco-friendly alternatives to traditional materials. As the Poval market continues to grow, these major companies, alongside emerging players, will play a pivotal role in shaping the future direction of the industry.

• 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 Rudolf GmbH
    • 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 Wacker Chemie AG
    • 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 Jilin Chemical Group
    • 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 Gohsen Chemical 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 Guanhua 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 Henan Yalong PVA 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 Sekisui Chemical 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 Evergreen Chemical 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 Weifang Dazhong PVA 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 Fujian Qihang Chemical 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 Huaian Dajiang Chemical 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 Shandong Yanshan Chemical 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 Jiangsu Haian Petrochemical 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 Poval Market, By Application
    • 6.1.1 Adhesives
    • 6.1.2 Paints & Coatings
    • 6.1.3 Textiles
    • 6.1.4 Construction
    • 6.1.5 Others
  • 6.2 Poval Market, By Ingredient Type
    • 6.2.1 Polyvinyl Alcohol
    • 6.2.2 Vinyl Acetate
    • 6.2.3 Ethylene
    • 6.2.4 Acetic Acid
    • 6.2.5 Others
  • 6.3 Poval Market, By Distribution Channel
    • 6.3.1 Online Stores
    • 6.3.2 Specialty Stores
    • 6.3.3 Direct Sales
    • 6.3.4 Wholesalers
    • 6.3.5 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 Poval Market by Region
  • 10.2 Europe - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 UK
      • 10.2.1.2 France
      • 10.2.1.3 Germany
      • 10.2.1.4 Spain
      • 10.2.1.5 Italy
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 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 Poval market is categorized based on

By Application

• Adhesives
• Paints & Coatings
• Textiles
• Construction
• Others

By Distribution Channel

• Online Stores
• Specialty Stores
• Direct Sales
• Wholesalers
• Others

By Ingredient Type

• Polyvinyl Alcohol
• Vinyl Acetate
• Ethylene
• Acetic Acid
• Others

By Region

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

Key Players

• Kuraray Co., Ltd.
• Sekisui Chemical Co., Ltd.
• Weifang Dazhong PVA Co., Ltd.
• China National Chemical Corporation (ChemChina)
• Jilin Chemical Group
• Huaian Dajiang Chemical Co., Ltd.
• Fujian Qihang Chemical Co., Ltd.
• Wacker Chemie AG
• Shandong Yanshan Chemical Co., Ltd.
• Evergreen Chemical Co., Ltd.
• Henan Yalong PVA Co., Ltd.
• Gohsen Chemical Co., Ltd.
• Guanhua Chemical Co., Ltd.
• Rudolf GmbH
• Jiangsu Haian Petrochemical Co., Ltd.