According to Stratistics MRC, the Global Polyvinyl Butyral (PVB) market is accounted for $2.35 billion in 2015 and is expected treach $3.82 billion by 2022 growing at a CAGR of 7.2%. Applaudable growth in architecture industry in addition with automotive glass market is carving demand in the global polyvinyl butyral (PVB) market. Varied applications of the PVB such as films & sheets, paints & coatings, and adhesives because of its characteristic properties are fueling the market. However, handling difficulty, high cost of storage, and low shelf life of PVB films and sheets are some of the factors hindering the market growth.
Films and sheet segment is expected tdrive the PVB application market owing tits diverse use in photovoltaic modules. In addition tthis, the films & sheets segment is driving construction industry segment in end-user market. North America accounts for the largest market share attributing tincreasing use of construction and automotive industry. However, Asia Pacific is expected tbe the fastest growing market on account of rapid industrialization coupled with rising automotive sector.
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Some of the key players of the Polyvinyl Butyral (PVB) market include Anhui Wanwei Group Co., Ltd., Chang Chun Petrochemicals Co., Ltd., Dulite PVB Film, DuPont, Eastman Chemical Company, Everlam, Guangzhou Aojisi New Materials Co., Ltd., Huakai Plastic (Chongqing) Co. Ltd., Hunan Xiangwei Co., Ltd., Huzhou Xinfu New Materials Co., Ltd., Jiangxi Rongxin New Materials Co., Ltd., Kingboard (FGang) Specialty Resins Limited, Kuraray Co., Ltd., Lifeng Group, QingdaHaocheng Industrial Company Limited, Sekisui Chemicals Co., Ltd., Specialty Resins CLTD, Tiantai Kanglai Industrial Co., Ltd. and Zhejiang Pulijin Plastic Co., Ltd..
Paints & Coatings
Films & Sheets
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Rest of Europe
Rest of Asia Pacific
Rest of the World
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