Product Code: GVR-1-68038-184-9
Polyvinyl Butyral Market Growth & Trends:
The global polyvinyl butyral market size is expected to reach USD 5.51 billion by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. The Polyvinyl butyral market is expected to witness significant growth during the forecast period owing to its increasing applications in various end-use industries including automotive, construction, and photovoltaic.
Properties such as good adhesion, high durability & safety, and excellent recyclability, coupled with its ability to reduce noise and UV radiation, are expected to boost the product demand. Moreover, the easy manufacturing process of PVB is likely to increase its demand during r the forecast period. The abundant availability of PVB in various sizes and shapes is expected to augment its demand in the near future.
The increasing number of off-grid solar projects, as well as residential and commercial buildings, in the Asia Pacific and Central & South America, is expected to propel the demand for laminated and safety glasses. The growing use of PVB in solar panels is anticipated to open new market avenues during the forecast period. In addition, its high application in the construction industry owing to resistance against UV and harsh weather is expected to drive market growth.
Major manufacturers are adopting strategies for their market expansion such as production facility expansions, new product development, mergers & acquisitions, and joint ventures. For instance, in June 2022, Avient Corporation announced two new grades in its REC thermoplastic elastomer portfolio. These grades are formed from the recycled polyvinyl butyral from the automotive glass by Shark Solutions.
Polyvinyl Butyral Market Report Highlights:
- Asia Pacific polyvinyl butyral market was valued at USD 1.08billion in 2021 and is estimated to grow at a CAGR of 7.0% from 2022 to 2030. The growth of the construction industry in the emerging economies of Asia Pacific and increased infrastructure spending in the current fiscal budget by the governments of India and China are key factors likely to contribute to the growth of the PVB market during the forecast period
- Films & Sheet accounted for more than 74.0% share of the market revenue in 2021, of the global polyvinyl butyral market. PVB films & sheets are widely used as an interlayer in the manufacturing of laminated glasses, used in the automotive and architectural sectors. Growing demand for the films & sheets in automobile windshields and architectural projects, on account of their beneficial properties such as noise reduction, durability, weather resistance, and high strength, are expected to stimulate the market growth
- Automotive segment accounted for more than 50.0% market share of the polyvinyl butyral market, in 2021 and is estimated to continue its dominance throughout the forecast period. Growing demand for the films & sheets in automobile windshields and architectural projects, on account of their beneficial properties such as noise reduction, durability, weather resistance, and high strength are expected to accelerate the market growth
- Paints & Coating accounted for more than 10.0% share of the market revenue in 2021. PVB-based paints & coatings are used mainly in industrial sector as they offer superior gloss and treat rapidly on steel, iron, zinc, aluminum, and other light metals. PVB resins are used in wash primers as they offer several means of preventing corrosion.
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Research Methodology
- 1.2 Research Scope & Assumptions
- 1.3 List of Data Sources
- 1.4 List of Abbreviations
Chapter 2 Executive Summary
- 2.1 Market Snapshot, 2021 (USD Million)
- 2.2 Segmental Outlook
Chapter 3 Market Variables, Trends & Scope
- 3.1 Global Market Lineage Outlook
- 3.2 Penetration & growth prospect mapping
- 3.3 IndustryValue chain analysis
- 3.4 Raw material Trends
- 3.4.1 Vinyl Acetate Monomer (VAM)
- 3.4.2 Polyvinyl alcohol
- 3.4.3 Butyraldehyde
- 3.5 Pricing Analysis
- 3.6 Technological Trends
- 3.7 Regulatory Framework
- 3.7.1 Standards & Compliances
- 3.7.2 Safety
- 3.8 Market dynamics
- 3.8.1 Market Driver Analysis
- 3.8.2 Market restraint analysis
- 3.8.3 Market Opportunity Analysis
- 3.8.4 Market Challenge Analysis
- 3.9 Polyvinyl butyral market Porter's analysis
- 3.10 Polyvinyl Butyral - PESTEL Analysis
- 3.11 Eastern European Geopolitical Implication Overview
- 3.12 Impact of COVID-19 Pandemic on Polyvinyl Butyral Market
Chapter 4 Polyvinyl Butyral Market: Application Estimates & Trend Analysis
- 4.1 Application Movement Analysis & Market Share, 2021 & 2030
- 4.2 Films & sheets
- 4.2.1 Global polyvinyl butyral market estimates and forecasts in films & sheets, 2019 - 2030 (Kilotons) (USD Million)
- 4.3 Paints & Coatings
- 4.3.1 Global polyvinyl butyral market estimates and forecasts in paints & coatings, 2019 - 2030 (Kilotons) (USD Million)
- 4.4 Adhesives & Sealants
- 4.4.1 Global polyvinyl butyral market estimates and forecasts in adhesives & sealants, 2019 - 2030 (Kilotons) (USD Million)
- 4.5 Printing Inks
- 4.5.1 Global polyvinyl butyral market estimates and forecasts in printing inks, 2019 - 2030 (Kilotons) (USD Million)
- 4.6 Others
- 4.6.1 Global polyvinyl butyral market estimates and forecasts in others, 2019 - 2030 (Kilotons) (USD Million)
Chapter 5 Polyvinyl Butyral Market: End-Use Estimates & Trend Analysis
- 5.1 End-Use Movement Analysis & Market Share, 2021 & 2030
- 5.2 Automotive
- 5.2.1 Global polyvinyl butyral market estimates and forecasts in automotive, 2019 - 2030 (Kilotons) (USD Million)
- 5.3 Building & Construction
- 5.3.1 Global polyvinyl butyral market estimates and forecasts in building & construction, 2019 - 2030 (Kilotons) (USD Million)
- 5.4 Electrical & Electronics
- 5.4.1 Global polyvinyl butyral market estimates and forecasts in electrical & electronics, 2019 - 2030 (Kilotons) (USD Million)
- 5.5 Others
- 5.5.1 Global polyvinyl butyral market estimates and forecasts in others, 2019 - 2030 (Kilotons) (USD Million)
Chapter 6 Polyvinyl Butyral Market: Regional Estimates & Trend Analysis
- 6.1 Regional Movement Analysis & Market Share, 2021 & 2030
- 6.2 North America
- 6.2.1 North America polyvinyl butyral market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.2 North America polyvinyl butyral market estimates and forecasts, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.3 North America polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.4 U.S.
- 6.2.4.1 U.S. polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.4.2 U.S. polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.4.3 U.S. polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.5 Canada
- 6.2.5.1 Canada polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.5.2 Canada polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.5.3 Canada polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.6 Mexico
- 6.2.6.1 Mexico polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.6.2 Mexico polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.2.6.3 Mexico polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe polyvinyl butyral market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.2 Europe polyvinyl butyral market estimates and forecasts, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.3 Europe polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.4 Germany
- 6.3.4.1 Germany polyvinyl butyral market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.4.2 Germany polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.4.3 Germany polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.5 U.K.
- 6.3.5.1 U.K. polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.5.2 U.K. polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.5.3 U.K. polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.6 France
- 6.3.6.1 France polyvinyl butyral market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.6.2 France polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.6.3 France polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.7 Spain
- 6.3.7.1 Spain polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.7.2 Spain polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.7.3 Spain polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.8 Italy
- 6.3.8.1 Italy polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.8.2 Italy polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.3.8.3 Italy polyvinyl butyral market estimates and forecasts, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.2 Asia Pacific polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.3 Asia Pacific polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.4 China
- 6.4.4.1 China polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.4.2 China polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.4.3 China polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.5 Japan
- 6.4.5.1 Japan polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.5.2 Japan polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.5.3 Japan polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.6 India
- 6.4.6.1 India polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.6.2 India polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.6.3 India polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.7 South Korea
- 6.4.7.1 South Korea polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.7.2 South Korea polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.4.7.3 South Korea polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.5 Central & South America
- 6.5.1 Central & South America polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.2 Central & South America polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.3 Central & South America polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.4 Brazil
- 6.5.4.1 Brazil polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.4.2 Brazil polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.4.3 Brazil polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.5 Argentina
- 6.5.5.1 Argentina polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.5.2 Argentina polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.5.5.3 Argentina polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.2 Middle East & Africa polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.3 Middle East & Africa polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.4 GCC Countries
- 6.6.4.1 GCC Countries polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.4.2 GCC Countries polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.4.3 GCC Countries polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.5 South Africa
- 6.6.5.1 South Africa polyvinyl butyral market estimates and forecast, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.5.2 South Africa polyvinyl butyral market estimates and forecast, by applications, 2019 - 2030 (Kilotons) (USD Million)
- 6.6.5.3 South Africa polyvinyl butyral market estimates and forecast, by end-use, 2019 - 2030 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
- 7.1 Recent developments & impact analysis, by key market participants
- 7.2 Vendor landscape
- 7.2.1 List of key distributors and channel partners
- 7.2.2 List of potential customers
- 7.3 List of Public & Private Companies
- 7.3.1 Geographical Presence
- 7.4 Competitive Dashboard Analysis
Chapter 8 Company Profiles
- 8.1 Eastman Chemical Company
- 8.1.1 Company Overview
- 8.1.2 Financial Performance
- 8.1.3 Product Benchmarking
- 8.1.4 Strategic Initiatives
- 8.2 Chang Chun Petrochemical Co., Ltd.
- 8.2.1 Company Overview
- 8.2.2 Financial Performance
- 8.2.3 Product Benchmarking
- 8.3 Sekisui Chemicals Co., Ltd.
- 8.3.1 Company Overview
- 8.3.2 Financial Performance
- 8.3.3 Product Benchmarking
- 8.3.4 Strategic Initiatives
- 8.4 Kuraray Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 Financial Performance
- 8.4.3 Product Benchmarking
- 8.4.4 Strategic Initiatives
- 8.5 Huakai Plastic Co., Ltd.
- 8.5.1 Company Overview
- 8.5.2 Financial Performance
- 8.5.3 Product Benchmarking
- 8.6 Kingboard (Fogang) Specialty Resins Limited
- 8.6.1 Company Overview
- 8.6.2 Financial Performance
- 8.6.3 Product Benchmarking
- 8.7 Everlam
- 8.7.1 Company Overview
- 8.7.2 Financial Performance
- 8.7.3 Product Benchmarking
- 8.7.4 Strategic Initiatives
- 8.8 Tiantai Kanglai Industrial Co., Ltd.
- 8.8.1 Company Overview
- 8.8.2 Financial Performance
- 8.8.3 Product Benchmarking
- 8.9 Dulite Co., Limited
- 8.9.1 Company Overview
- 8.9.2 Financial Performance
- 8.9.3 Product Benchmarking
- 8.10 Guangzhou Aojisi New Material Co., Ltd.
- 8.10.1 Company Overview
- 8.10.2 Financial Performance
- 8.10.3 Product Benchmarking
- 8.11 Qingdao Haocheng Industrial Co., Ltd.
- 8.11.1 Company Overview
- 8.11.2 Financial performance
- 8.11.3 Product benchmarking
- 8.12 Jiangxi RongXin New Materials Co., Ltd.
- 8.12.1 Company Overview
- 8.12.2 Financial performance
- 8.12.3 Product benchmarking
- 8.13 Huzhou Xinfu New Materials Co., Ltd.
- 8.13.1 Company overview
- 8.13.2 Financial performance
- 8.13.3 Product benchmarking
- 8.14 Zhejiang Pulijin Plastic Co., Ltd.
- 8.14.1 Company overview
- 8.14.2 Financial performance
- 8.14.3 Product benchmarking
- 8.15 Genau Manufacturing Company LLP
- 8.15.1 Company overview
- 8.15.2 Financial performance
- 8.15.3 Product benchmarking
- 8.16 WMC Glass
- 8.16.1 Company overview
- 8.16.2 Financial performance
- 8.16.3 Product benchmarking
- 8.17 Perry Chemical Corp
- 8.17.1 Company overview
- 8.17.2 Financial performance
- 8.17.3 Product benchmarking
- 8.18 Shark Solutions ApS
- 8.18.1 Company overview
- 8.18.2 Financial performance
- 8.18.3 Product benchmarking
- 8.19 Tridev Resins (India) Pvt. Ltd
- 8.19.1 Company overview
- 8.19.2 Financial performance
- 8.19.3 Product benchmarking