Polyvinylpyrrolidone (PVP) Market Accounted To Reach USD 2.75 Billion By 2024: Grand View Research Inc.
San Francisco, 25 March 2019: The Report Polyvinylpyrrolidone (PVP) Market Analysis By Application (Adhesives, Pharmaceuticals, Cosmetics and Food & Beverage) And Segment Forecasts To 2024 The global Polyvinylpyrrolidone (PVP) Market is expected to reach USD 2.75 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for the product in the pharmaceutical industry as an excipient and binder is expected to be a key driver for the market growth. The product exhibits various properties such as superb film forming, good solubility and physiological impermissibility, which makes it suitable for manufacturing various drugs. The product is widely used in manufacturing tablets, particles, capsules, oral liquids, injections and sterilization disinfectant, thus promoting its growth over the projected period. The increasing use of the polymer in brew beverages as a stabilizer is expected to propel demand over the forecast period. Furthermore, ri