Global Polyvinyl Butyral (PVB) Films and Sheets Market: Rising Number of Automobiles to Accelerate Growth, says TMR

Transparency Market
Research
Polyvinyl Butyral (PVB) Films and Sheets Market - Global
Industry Analysis and Forecast 2015 - 2023
Published Date
10-Sept-2015
121 Page Report
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REPORT DESCRIPTION
Polyvinyl Butyral (PVB) Films and Sheets Market for Building &
Construction, Ground Transportation, Solar Energy, and Other Endusers - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
The global polyvinyl butyral films and sheets market is highly competitive in nature and is
expected to witness intense competition in the next few years, states a research report by
Transparency Market Research (TMR). The prominent players operating in the global polyvinyl
butyral films and sheets, namely Sekisui Chemical Co., Ltd., Kingboard Chemical Holdings Ltd.,
Zhejiang Pulijin Plastic Co., Ltd., Eastman Chemical Company, Li & Fung Group Co., Ltd., and
Kuraray Co., Ltd. are expected to collectively hold a key share of the overall market in the near future.
To sustain in the competitive environment, these players are focusing on innovations and expansion
of the application base. In addition, with the rising number of strategic collaborations and mergers and
acquisitions, the market is expected to witness high growth in the next few years.
According to the research report by Transparency Market Research, the global market for polyvinyl
butyral films and sheets is projected to reach a value of US$4,633 mn by the end of 2023. The market
is expected to register a healthy 7.40% CAGR between 2015 and 2023.
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Asia Pacific to Witness Most Significant Growth
From a geographical viewpoint, in 2014, Asia Pacific led the global PVB films and sheets market and
is anticipated to remain in the leading position in the coming years. The high growth of this region can
be attributed to the growing demand for PVB films and sheets from the ground transportation
industry. In addition, the high contribution from India, China, and ASEAN countries is expected to
encourage the growth of the overall market in the next few years. Furthermore, Europe and North
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America are anticipated to witness progressive growth in the next few years, thanks to the recovery
from the economic slowdown.
On the basis of end use, the ground transportation segment is projected to account for a massive
share of the global market throughout the forecast period. The primary use of PVB films and sheets in
the manufacturing process of automotive windshields is one of the important factors expected to
encourage the growth of this segment in the next few years. Moreover, the rising demand for PVB
films and glasses for car rooftops is likely to accelerate the growth of the market. The building and
construction segment, on the other hand, is expected to witness significant growth in the near future.
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Growing Demand from Automotive Industry to Encourage Growth
The rising demand for PVB films and sheets from the automotive industry is one of the important
reasons predicted to fuel the development of the global market throughout the forecast period, says a
TMR analyst. The tremendously rising number of cars across the globe is expected to accelerate the
growth of the market. In addition, the rising focus of governments, especially in developing economies
to improve their infrastructure is projected to generate potential opportunities for the market players.
Furthermore, the growing number of construction activities and the expansion of product portfolio
along with its applications are some of the other factors estimated to augment global PVB films and
sheets market in the next few years.
High Cost of Storage to Curtail Growth of Global PVB Films and Sheets Market
The global PVB films and sheets market, on the contrary, is expected to witness a downward trend in
the next few years owing to some of the few challenges being faced by the market players. The
difficulty in product handling, low shelf life, and high cost of storage are some of the key factors
estimated to restrict the growth of the market in the coming years. In addition, the easy availability of
application specific substitutes is anticipated to hamper the growth of the global PVB films and sheets
market in the coming years. Nonetheless, a significant growth in the photovoltaic industry is likely to
drive the demand for PVB films and sheets, thus fuelling the growth of the market.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.2.1 Global PVB Films and Sheets Market Segmentation by End-user and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global PVB Films and Sheets Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Polyvinyl Butyral (PVB) Films and Sheets – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growth in Automotive Industry Expected to Drive PVB Films and Sheets Market
3.3.1.1 Global Automotive Market Volume, 2014 – 2023 (Mn Units)
3.3.2 Rise in Demand from Construction Industry and Infrastructure Industry Projected to Drive PVB Films
and Sheets Market
3.3.2.1 Global Construction Market Revenue, 2014 – 2023 (US$ Bn)
3.4 Restraints
3.4.1 Availability of Application Specific Substitutes Expected to Restrain Global PVB Films and Sheets Market
3.4.2 Difficulty in Handing, High Cost of Storage, and Low Shelf Life are Likely to Restrain PVB Films and Sheets
Market
3.5 Opportunity
3.5.1 Growth in Photovoltaic Industry Expected to Boost PVB Films and Sheets Market
3.5.1.1 Global Solar PV Annual Production, 2015 – 2023 (MW)
3.6 Porter’s Five Forces Analysis
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3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.7.1 PVB Films and Sheets Market Attractiveness, by End-user, 2014
3.8 Company Market Share Analysis
3.8.1 Global PVB Films and Sheets Market Share, by Company, 2014
Chapter 4 Raw Material and Price Trend Analysis
4.1 Raw Material:
4.2 Manufacturing Process
4.3 Global Raw Material Price Trends, 2014 – 2023
4.4 Global PVB Films and Sheets Price Trends, 2014 – 2023
Chapter 5 Polyvinyl Butyral (PVB) Films and Sheets Market – End-user Analysis
5.1 Global PVB Films and Sheets Market: Market Overview by End-user Segment
5.1.1 Global PVB Films and Sheets Market Volume Share, by End-users, 2014 and 2023
5.1.2 Building & Construction
5.1.3 Global PVB Films and Sheets Demand for Building & Construction, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.1.4 Ground Transportation
5.1.5 Global PVB Films and Sheets Demand for Ground Transportation, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.1.6 Solar Energy
5.1.7 Global PVB Films and Sheets Demand for Solar Energy, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.1.8 Others (Infrastructure, etc.)
5.1.9 Global PVB Films and Sheets Demand for Other End-users, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Polyvinyl Butyral (PVB) Films and Sheets Market - Regional Analysis
6.1 Global PVB Films and Sheets Market: Regional Overview
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6.1.1 Global PVB Films and Sheets Market Volume Share, by Region, 2014 and 2023
6.2 North America
6.2.1 North America PVB Films And Sheets Market Volume, by End-user Segment, 2014 – 2023 (Kilo Tons)
6.2.2 North America PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. PVB Films And Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.2.3.2 U.S. PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.2.4 Rest of North America
6.2.4.1 Rest of North America PVB Films And Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.2.4.2 Rest of North America PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023
(US$ Mn)
6.3 Europe
6.3.1 Europe PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023 (Kilo Tons)
6.3.2 Europe PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.3.3 France
6.3.3.1 France PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.3.2 France PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.4 Germany
6.3.4.1 Germany PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.4.2 Germany PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.5 Italy
6.3.5.1 Italy PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.5.2 Italy PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.6 Spain
6.3.6.1 Spain PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.6.2 Spain PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.7 U.K.
6.3.7.1 U.K. PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.7.2 U.K. PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.8 Rest of Europe
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6.3.8.1 Rest of Europe PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.8.2 Rest of Europe PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023 (Kilo Tons)
6.4.2 Asia Pacific PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.4.3 China
6.4.3.1 China PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023 (Tons)
6.4.3.2 China PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.4.4 Japan
6.4.4.1 Japan PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023 (Tons)
6.4.4.2 Japan PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.4.5 ASEAN
6.4.5.1 ASEAN PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.5.2 ASEAN PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023
(Tons)
6.4.6.2 Rest of Asia Pacific PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023
(US$ Mn)
6.5 Latin America
6.5.1.1 Latin America PVB Films and Sheets Market Volume, by End-user Segment, 2014 – 2023 (Kilo Tons)
6.5.1.2 Latin America PVB Films and Sheets Market Revenue, by End-user Segment, 2014 – 2023 (US$ Mn)
6.5.2 Brazil
6.5.2.1 Brazil PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.5.2.2 Brazil PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.5.3 Rest of Latin America
6.5.3.1 Rest of Latin America PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.5.3.2 Rest of Latin America PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6 Middle East & Africa
6.6.1.1 Middle East & Africa PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
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6.6.1.2 Middle East & Africa PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.2 GCC
6.6.2.1 GCC PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.2.2 GCC PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.3 South Africa
6.6.3.1 South Africa PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.3.2 South Africa PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.4 Rest of Middle East & Africa
6.6.4.1 Rest of Middle East & Africa PVB Films and Sheets Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.4.2 Rest of Middle East & Africa PVB Films and Sheets Market Revenue, by End-user, 2014 – 2023 (US$
Mn)
Chapter 7 Company Profile
7.1 KURARAY CO., LTD.
7.2 Eastman Chemical Company
7.3 SEKISUI CHEMICAL CO., LTD.
7.4 Chang Chun Group
7.5 Huakai Plastic (Chongqing) Co., Ltd.
7.6 Tiantai Kanglai Industrial Co., Ltd.
7.7 Zhejiang Decent Plastic Co., Ltd.
7.8 Kingboard Chemical Holdings Limited
7.9 Li & Fung Group Co., Ltd.
7.10 Zhejiang Pulijin Plastic Co., Ltd.
7.11 Jiangsu Daruihengte Technology & Science Co., Ltd.
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According to the research report by Transparency Market Research, the global market for polyvinyl butyral films and sheets is projected to reach a value of US$4,633 mn by the end of 2023. The market is expected to register a healthy 7.40% CAGR between 2015 and 2023.