PVA, or polyvinyl acetate, is a rubbery plastic that is man made, or a synthetic compound. PVA is used for many different types of glue, including wood glue and school glue, and it can be recycled.
Polyvinyl acetate is a synthetic compound used in adhesives, such as glue, and latex paints to provide the film-forming properties in the paints. After these substances have been used and are removed, they form a type of rubbery plastic.
PVA is considered a scrap plastic, which can be recycled. There are companies that will actually purchase your scrap plastic from you if you have large enough quantities. These companies will then recycle the scrap plastics.
Once PVA is collected for recycling, the recycling companies can make the scrap plastic into many different materials. Some of the items that recycled PVA can be used for are adhesive compounds, hard plastics and several other items depending on which recycling company you use.