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Polyvinyl Butyral (PVB) Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

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The Polyvinyl Butyral (PVB) Market is estimated to be valued at USD 4.4 million by 2029 end and is projected to register a CAGR of 5.3% during the forecast period 2019 to 2029. Polyvinyl butyral (PVB) compounds are used in making resins. They offer
Polyvinyl Butyral (PVB) Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2029
The Polyvinyl Butyral (PVB) Market is estimated to be valued at USD 4.4 million by
2029 end and is projected to register a CAGR of 5.3% during the forecast period 2019
to 2029.
Polyvinyl butyral (PVB) compounds are used in making resins. They offer optical
clarity, toughness coupled with flexibility, strong adhesion to a large number of
substrates and excellent binding efficiency. Polyvinyl butyral has application in
various industries like solar energy, paints and coatings and solar energy.
Factors Influencing the Market Growth
Drivers:
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There is a growing demand for renewable energy sources due to exhaustion of
conventional energy sources and changing climatic conditions resulting into
global warming. This has increased the installations of solar panels which has
increased the consumption of PVB thus augmenting the market
The paint and coatings industry is experiencing a surge which has increased
the demand for PVB as well
PVB is widely available in various shapes and sizes which supports the market
augmentation
Restraints:
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Polyvinly alcohol and butyraldehyde are the raw materials used in the
production of PVB are volatile in nature which affects its pricing thus impeding
the market augmentation especially in construction and automotive
applications
The price fluctuations of butyraldehyde and polyvinyl alcohol is poised to have
a negative impact on the market augmentation
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Insights on Global Polyvinyl Butyral Market
1. By Region
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Latin America
North America
Europe
Asia Pacific

Middle East and Africa
Latin America region dominated the market in 2015 and it is expected to showcase
similar market proliferation during the forecast period. Automotive manufacturing
sector is thriving in countries like Brazil, Argentina and Columbia resulting in the
augmentation of the market in the region as PVB is widely consumed in automobile
sector for laminating glass.
Asia Pacific region follows the Latin American market region owing to a soaring use
of PVB in packaging applications. Additionally, a soaring use of adhesives and
laminated glasses in medical packaging for the sake of preventing infections and
maintaining patient health shall support the market augmentation of the region.
2. By Application
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Adhesives
Films & Sheets
Paints & Coatings
The adhesives segment dominates the market owing to the excellent adhesion and
superior strength that PVB offers in various environmental conditions. In fact, PVB
structural adhesives can also act as a substitute to rivets in the aircraft industry
which augments the market further.
3. By End User
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Automobile
Solar Energy
Others
PVB is prominently used in automobile sector for making windshield glass lamination
which is the reason automobile segment dominates the market. Additionally, rapid
urbanization along with an increasing disposable income in emerging countries like
India and China.
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Competitive Landscape:
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Tier 1 players- established companies in the market with a major market share

Tier 2 players
Emerging players which are growing rapidly
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New Entrants
Key Market Players:
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Eastman Chemical Co.
Chang Chun Company Ltd.
Sekisui Chemical Company Ltd.
Kuraray Co. Ltd.
Huakai Plastic Co. Ltd.
Kingboard Speciality Resins Ltd.
Tiantai Kanglai Co. Ltd.
FutureWise Key Takeaways


The automobile industry is on a rise especially in the European region and
considering how crucial PVB is in making strong and durable windshields, the
market surely will expand significantly
The solar energy sector is being soaring due to increasing environmental
concerns and as PVB is widely used in manufacturing solar panels, the market
is expected to witness a significant augmentation
Objectives of the Study:
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To provide with an exhaustive analysis on the poly vinyl butyral market by
region, by application, by end user
To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— Latin
America, North America, Europe, Asia Pacific and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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