2022 Professional Survey Report on Polyvinylpyrrolidone (PVP), Forecast to 2027

The global PVP market is experiencing growth due to the rising incidence of healthcare-associated infections (HAIs) in developing countries. These infections are primarily caused by inadequate hygiene practices and the increasing prevalence of infections worldwide. Hospitals’ use of disinfectants helps reduce infection risks and limits bacterial entry into patients’ bodies. Disinfectants based on PVP are effective in these applications, thereby helping meet global demand. Furthermore, heightened health and hygiene awareness—and the consequent increased demand for disinfectants—is driving global demand for PVP. Additionally, age-related diseases are becoming increasingly prevalent worldwide. Elderly populations’ growing expectations for extended lifespans are compelling healthcare enterprises to focus on appropriate treatments and medications. Consequently, demand for PVP’s disinfectant properties is rising globally. Market Restraints Volatility in Raw Material Prices and Low End-User Awareness: Pricing is a major challenge in the polyvinylpyrrolidone (PVP) market. Raw material price trends are primarily driven by shifts in supply and demand. For most bulk chemicals, market prices are chiefly determined by producers’ marginal production costs and the global pricing of petroleum—which significantly influences commodity and chemical production costs. Moreover, some end-users are actively seeking alternative bio-based raw materials due to the rapid shift toward Environmental, Social, and Governance (ESG) compliance. These factors collectively constrain market growth. Competitive Landscape: The competitive landscape of the polyvinylpyrrolidone (PVP) market is moderately fragmented, with a few key players operating at both global and regional levels. Major participants engage in strategic alliances to expand their respective portfolios and secure a solid foothold in the global market. This WK research market report aims to help clients enhance their market positioning; simultaneously, it provides detailed analyses of several leading PVP companies—including BASF SE, Ashland Global Holdings Inc., Merck KGaA, Boai NKY Pharmaceutical Co., Ltd., NIPPON SHOKUBAI Co., Ltd., Thermo Fisher Scientific Inc., JH Nanhang Life Sciences Co., Ltd., Zhejiang Netnew Co., Ltd., Glide Chem Private Limited, Star Tech & JRS Specialty Products Ltd., and other players. On June 2, 2021, Boai NKY Pharmaceutical Co., Ltd. partnered with Harke Pharma to expand the distribution of PVP and PVPP across Eastern Europe. This collaboration positions the two companies as strategic excipient distributors and solution providers in this field. Polyvinylpyrrolidone (PVP) Market Segmentation: By grade, the global polyvinylpyrrolidone (PVP) market is segmented into K12, K17, K25, K30, K90, and others. In 2022, the K12 segment accounted for the largest revenue share. Polyvinylpyrrolidone (PVP) K12 is a hygroscopic, amorphous polymer—a low-molecular-weight, linear, nonionic polymer exhibiting pH stability and solubility in both water and organic solvents. Polyvinylpyrrolidone (PVP) K12 possesses tackiness, cohesiveness, and dispersibility, and forms hard, glossy, transparent films.

URGENT! Air Quality Emergency Response Measures in Shandong Province Expanded Again! Chemical Market Set for Strong Price Hike of RMB 8,000 Next Year

On the evening of December 9, Zhengguang Co., Ltd. announced that, in active response to and compliance with the epidemic prevention and control notice issued by the Ningbo Petrochemical Economic and Technological Development Zone Management Committee—its local administrative authority—the Company’s wholly owned subsidiary, Ningbo Zhengguang Resin Co., Ltd., decided to temporarily suspend production starting December 10, 2021. The resumption of normal operations will be determined according to local government epidemic control requirements. This suspension is expected to have a certain adverse impact on the Company’s operating performance in Q4 2021. On the morning of December 10, Yangfan New Materials announced that its Shangyu production base (“Shangyu Base”) recently received a notice from the Shaoxing Shangyu District authorities implementing enhanced control measures, requiring all enterprises within the district—except those essential for epidemic prevention or livelihood security—to cease operations immediately. Hazardous chemical enterprises must orderly suspend production while ensuring safety. In full compliance with government epidemic prevention policies and in accordance with the spirit of the official notice, the Company initiated an orderly shutdown beginning December 10; the timing of resumption will be determined by relevant departments based on the evolving epidemic situation. Will production restrictions at major domestic petrochemical bases significantly impact the chemical industry? Many regions in Zhejiang Province where epidemic control measures have been upgraded are concentrated chemical industrial zones—housing textile raw material production, downstream polyester consumption, aromatic hydrocarbon industries, polyolefin industries, and hazardous chemical production. Among them, Zhenhai District—recognized as a major national petrochemical base—has seen intensified controls, exerting relatively significant impacts on certain chemical products. The actual extent of impact depends on resulting supply-side disruptions. Longest shutdowns lasting up to 50 days; year-end inspections at large plants continue Sichuan Chemical: Reduced operating temperature for one-third of acetylene units; shut down natural gas feedstock supply system and entered scheduled maintenance mode. Sichuan Meifeng announced plans to conduct rotating shutdown maintenance on production facilities at its Sichuan Meifeng Fertilizer Branch and Compound Fertilizer Co., Ltd., expected to conclude by mid-January 2022. Kemite Gas announced that its headquarters would begin routine plant shutdown maintenance on November 8, 2021, with an estimated duration of 35 days. According to Wanhua Chemical’s announcement, its wholly owned subsidiary Wanhua Chemical (Ningbo) Co., Ltd.’s Phase I MDI facility (400,000 tons/year) began shutdown maintenance on November 27, 2021, with an estimated maintenance period of approximately 45 days. Its Phase II MDI facility (800,000 tons/year) commenced shutdown maintenance on December 11, 2021, with a planned maintenance duration of around 45 days. Jiangsu Suopu Chemical: Initiated shutdown maintenance of acetic acid and ethyl acetate production units on November 18, with an estimated maintenance and downtime of approximately 28 days. Fujian Baihong: Commenced shutdown maintenance of its 2.5-million-ton-per-year PTA facility on December 1, with a maintenance period of approximately 25 days. INEOS: Scheduled maintenance for its 1.1-million-ton-per-year PTA facility in mid-December. Anhui Hong Sifang: Pure alkali production unit scheduled for maintenance starting December 15, with an estimated duration of 15 days and capacity of 300,000 tons. Fude Energy: Unplanned 45-day maintenance for its 500,000-ton-per-year ethylene glycol facility. Sinochem Quanzhou: Scheduled 50-day maintenance for its 500,000-ton-per-year ethylene glycol facility. Ningbo Fude: Scheduled shutdown maintenance of its 600,000-ton-per-year methanol facility beginning December 2. Will prices rise again? Major foreign-invested companies have already announced plans for price hikes next year!

Ashland Global Holdings Stock Hits 52-Week High at $68.32

Jul 15, 2026

Ashland Global Holdings stock reached a 52-week high of $68.32, marking a 33% annual increase. Activist investor Ancora Holdings Group is pushing for a sale with a potential 33% premium.

Investing.com South Africa

2026-04-01

Ashland Inc Stock: Specialty Chemicals Leader Faces Evolving Industrial Demands in 2026

2026-04-04

Allspring Global Investments Reduces Stake in Ashland Inc. to $25.69 Million

2026-04-06

Ashland Raises Prices Across Product Lines Amid Cost Pressures

2026-04-11

Ashland Inc. (NYSE:ASH) Given Consensus Rating of "Hold" by Analysts

2026-04-13

Massachusetts Financial Services Co. Lowers Stock Position in Ashland Inc.