Polyvinylpyrrolidone Market Drivers, Consumption Pattern and Competitive Landscape till 2022
Global Polyvinylpyrrolidone Market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Polyvinylpyrrolidone (PVP), also termed as u201cPolyvidoneu201d or u201cPovidoneu201d, is a water-soluble polymer produced from the monomer N-vinylpyrrolidone. The factors that propel the growth of the market include increasing use of the polymer in brew beverages as a preservative extensively used in manufacturing oral liquids, particles, tablets, capsules, injections and sterilization disinfectant, increasing use of products, and increasing application scope of the polymer in numerous non-alcoholic drinks including, fruit juices, and tea drinks.
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