PVA is widely used. PVA is a water-soluble macromolecule polymer made from vinyl acetate through polymerization and alcoholysis. It can dissolve rapidly in water and form stable colloid. Its performance is between plastics and rubber. Besides being used as fiber raw material, PVA is also widely used in the production of coatings, adhesives, paper processing agents, emulsifiers, dispersants, films and other products. It is widely used in textiles, food, medicine, construction and wood. Material processing, paper making, printing, agriculture, steel, macromolecule chemical industry and other industries.

The supply side of PVA industry contracted and its profitability improved. After years of shuffling, vulnerable enterprises have been withdrawing. At present, the PVA industry is concentrating on advantageous enterprises with high market share, strong R&D capability, advanced technology, long industrial chain, low cost and good benefits. In recent years, domestic demand for PVA has continued to grow, apparent consumption and net exports have increased year by year, while supply-side small and medium-sized production capacity has withdrawn. Therefore, domestic supply and demand for PVA have gradually balanced, the price of PVA has gradually rebounded, and the profitability has improved relatively.

At present, the consumption structure of PVA in China is still on the low side. Compared with the global consumption structure, China's consumption structure is higher than the world average in general application fields such as polymer additives, and lower than the world average in high-end areas such as PVB, film and so on.