Polyvinyl Butyral (PVB) Market - Trends Forecast Till 2028

Polyvinyl Butryal (PVB) market by Type (Standard Polyvinyl Butyral and Structural Polyvinyl Butyral), End-use Industry (Automotive, Building & Construction, and Photovoltaic), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-CM-PVBM-369

Format:  

Number of Pages: 340

Domain: Chemicals & Materials

Polyvinyl Butyral (PVB) – Trends Forecast Till 2028

The global Polyvinyl Butyral (PVB) market size is projected to reach USD 4.9 billion by 2026 at a CAGR of 7.8% from USD 3.5 billion in 2021 during the forecast period 2021-2028.

PVB better known as Polyvinyl butyral is a class of thermoplastic which is clear, colourless and amorphous in its physical appearance. It is manufactured by the condensation reaction between polyvinyl alcohol and butyraldehyde. Its unique properties include its flexibility, film forming ability and great adhesion ability along with a grater ability to block UV radiations. It is soluble in organic solutions like alcohol.

Due to the recent large-scale demand from the automotive sector along with the surge in demand from the construction industry are some of the factors that have supported long-term expansion for Polyvinyl Butyral (PVB).

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe.

Polyvinyl Butryal Market Analysis

 

APAC is expected to be the largest market during the forecast period. The rise in production of electric vehicle, building and construction process along with APAC being the largest consumer base have led to growth in the commercial refrigeration equipment in the region.

Polyvinyl Butyral (PVB) market is segmented into Type, End-Use Industry and geography.

On the basis of Type

  • Standard
  • Structural

On the basis of End-Use Industry

  • Automotive
  • Construction
  • Photovoltaic

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Polyvinyl Butryal Market Primary Respondent

 

Key Players

  • Eastman Chemical Company
  • Kuraray
  • Sekisui Chemicals
  • Everlam
  • Genau Manufacturing Company
  • KB PVB, Chang Chun Group
  • DuLite, Huakai Plastic
  • Willing Lamiglass Materials
  • Jiangsu Darui Hengte Technology
  • Tiantai Kanglai Industrial

Recent Developments

  • Kuraray has expanded to various geographic locations. In 2017, Kuraray established a USD 50 million PVB films production facility at the Ulsan plant in South Korea. This allowed the company to supply in accordance to the demand.
  • Sekisui Chemical expanded their business so as to increase their offerings. In December 2017, the company announced about the third production line at its Mexico plant. This would enable the company to produce automotive interlayer films due to the growing demand from Central and South America.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Polyvinyl Butyral (PVB) so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 3.5 billion

Growth Rate

CAGR of 7.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, End-Use Industry and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Eastman Chemical Company, Kuraray, Sekisui Chemicals, Everlam, Genau Manufacturing Company, KB PVB, Chang Chun Group, DuLite, Huakai Plastic, Willing Lamiglass Materials, Jiangsu Darui Hengte Technology, and Tiantai Kanglai Industrial

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