Global Polyvinyl Butyral Market, By Application (Films and Sheet, Adhesive, Binders, Coatings, Others), End Use (Building and Construction, Automotive, Photovoltaic, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Polyvinyl Butyral Market
The polyvinyl butyral market is expected to witness market growth at a rate of approximately 6.43% in the forecast period of 2021 to 2028. Data Bridge Market Research report on polyvinyl butyral market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing usage in films and sheets application is escalating the polyvinyl butyral market.
Polyvinyl butyral (PVB) refers to an acetal and is formed from the reaction of an aldehyde and alcohol. The structure of PVB is made in a way such that the polymer is a mixture of PVB, polyvinyl and polyvinyl alcohol (PVOH). The relative amounts of these segments are controlled and randomly distributed through the molecular chain. The properties of the polymers could be optimized by controlling the ratios of the three segments.
The high utilization of laminated glasses in residential and non-residential buildings and the various properties of the component including durability, UV radiation control, weather resistance, UV radiation control and sound reduction are the major factors driving the polyvinyl butyral market. The product is utilized as a glass interlayer in several end-use industries including automotive and architectural applications and industries utilize limited glass as a protective interlayer fused among two panels of glass accelerate the polyvinyl butyral market growth. The increase in demand for PVB films and sheets, high usage in solar energy, building and construction and demand for photovoltaic modules in developing countries influence the polyvinyl butyral market. Additionally, the rise in popularity of the product owning to its properties such as good adhesion, excellent recyclability and security, its on, excellent recyclability and security coupled with, rise in awareness, growing research and development activities and surge in investments positively affect the polyvinyl butyral market. Furthermore, technological advancement in formulation and innovations extend profitable opportunities to the polyvinyl butyral market players in the forecast period of 2021 to 2028.
On the other hand, the fluctuation in the high recycling activities of polyvinyl butyral in developed economies is the factors expected to obstruct the polyvinyl butyral market growth. Limitation for the usage of PVB in automotive and construction applications is the projected to challenge the polyvinyl butyral market in the forecast period of 2021 to 2028.
This polyvinyl butyral market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polyvinyl butyral market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Polyvinyl Butyral Market Scope and Market Size
The polyvinyl butyral market is segmented on the basis of application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of application, the polyvinyl butyral market is segmented into films and sheet, adhesive, binders, coatings and others.
- On the basis of end use, the polyvinyl butyral market is segmented into building and construction, automotive, photovoltaic and others.
Global Polyvinyl Butyral Market Country Level Analysis
The polyvinyl butyral market is analyzed and market size, volume information is provided by country, application and end use as referenced above.
The countries covered in the global polyvinyl butyral market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polyvinyl butyral market due to the increase in the number of a construction and new construction in the residential sector in the region. Asia-Pacific is expected to witness significant CAGR during the forecast period of 2021 to 2028 because of the expanding automotive and construction industry, public sector investment, high demand for energy and increasing the application of polyvinyl butyral in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyvinyl Butyral Market Share Analysis
The polyvinyl butyral in the region competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyvinyl butyral in the region.
The major players covered in the polyvinyl butyral in the region report are Eastman Chemical Company, DuPont, Chang Chun Group, Sekisui Chemical Co. Ltd., KURARAY CO., LTD., Huakai plastic (Chongqing) Co.,Ltd., Kingboard(Fogang)Specialty Resins Limited, EVERLAM, Tiantai Kanglai Industrial Co.,Ltd., Diteco Limited, Guangzhou Aojisi New Materials Co., Limited, Qingdao Haocheng Industrial Co.,Ltd., JiangXi RongXin New Materials Co.,Ltd, Huzhou Xinfu New Materials Co., Ltd., Zhejiang Pulijin Plastic Co.,Ltd., Anhui Wanwei Group Co., Ltd, Kingboard(Fogang)Specialty Resins Limited, Saflex, Chang Chun Petrochemicals among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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