Polyvinylpyrrolidone-K90 Market Revenue was valued at USD 150 Million in 2024 and is estimated to reach USD 300 Million by 2033, growing at a CAGR of 8.3% from 2026 to 2033.
The South Korea Polyvinylpyrrolidone-K90 Market is experiencing a surge in demand, driven by various industrial applications and growing recognition of the material's versatility. Polyvinylpyrrolidone (PVP) is a water-soluble polymer widely used in pharmaceutical, cosmetic, and food industries due to its excellent film-forming properties, solubility, and bio-compatibility. Among its various grades, Polyvinylpyrrolidone-K90 stands out for its high molecular weight and ability to enhance the stability and performance of products. The demand for PVP-K90 in South Korea has been growing steadily, owing to the increasing requirement for innovative, high-performance materials across multiple sectors.
Industries in South Korea are increasingly leveraging Polyvinylpyrrolidone-K90 for applications that demand enhanced solubility and stabilization. In the pharmaceutical industry, PVP-K90 is used in drug formulations, particularly in tablet and capsule binding, where its ability to form strong, stable films is crucial. Moreover, it is an essential excipient for injectable drug formulations, which require precision and stability. The increasing demand for PVP-K90 in the pharmaceutical sector is expected to keep growing, driven by the rising healthcare needs and advancements in drug development.
In the cosmetic and personal care industry, Polyvinylpyrrolidone-K90 is valued for its thickening and stabilizing properties. It is commonly used in hair care, skin care, and other cosmetic products as a binder and stabilizer. The growing trend of natural and organic personal care products in South Korea is likely to boost the demand for PVP-K90, as the material is considered safe for use in formulations. Additionally, its water-retention capabilities make it an attractive ingredient for moisturizing products.
Food industries are also capitalizing on PVP-K90 for use in food additives, where it functions as a stabilizer, emulsifier, and thickener. As the market for convenience foods and beverages continues to expand in South Korea, the demand for PVP-K90 as a food-grade additive is set to increase. Furthermore, its high solubility and ability to modify the texture of food products are driving its adoption in a variety of food applications.
The South Korea Polyvinylpyrrolidone-K90 market is expected to continue to grow due to the versatility and multi-industry requirements of the product. Its demand spans a wide range of sectors, each leveraging its unique properties to improve product performance and quality. As industries continue to innovate, the role of PVP-K90 in shaping future advancements will remain pivotal in driving market growth.
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BASF
Ashland
Boai Nky Pharmaceuticals
Ottokemi
CDH Fine Chemical
Merck KGaA
Spectrum Chemical
VedaOils
Ataman Kimya
Vita Actives
NIPPON SHOKUBAI
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Polyvinylpyrrolidone-K90 Market
Pharmaceuticals
Cosmetics and Personal Care
Food and Beverages
Industrial Applications
Powder
Granules
Liquid
Pharmaceutical Companies
Cosmetics Manufacturers
Food and Beverage Manufacturers
Industrial Product Manufacturers
Direct Sales
Online Retail
Distributors and Wholesalers
Pharmaceutical Grade
Food Grade
Industrial Grade
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Polyvinylpyrrolidone-K90 Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Polyvinylpyrrolidone-K90 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Polyvinylpyrrolidone-K90 Market, By Type
6. South Korea Polyvinylpyrrolidone-K90 Market, By Application
7. South Korea Polyvinylpyrrolidone-K90 Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Polyvinylpyrrolidone-K90 Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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