According to the latest report by IMARC Group, titled “Polyvinyl Alcohol (PVA) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global polyvinyl alcohol (PVA) market size reached US$ 905.00 Million in 2020. Polyvinyl alcohol (PVA) is a synthetic polymer that is soluble in water. It is obtained by the partial or complete hydrolysis of polyvinyl acetate. Not characterized by a specific odor, it exhibits excellent resistance to oils, grease and solvents. It is also tasteless, translucent and highly biodegradable in nature, due to which it is utilized in film forming and emulsifying applications.