Polyvinyl Butyral Market - Forecast(2023 - 2028)

Report Code: CMR 51558 Report Format: PDF + Excel
Polyvinyl Butyral Market size is forecast to reach $3.5 billion by 2025, after growing at a CAGR of 6.9% during 2020-2025. With rise in the consumption of polyvinyl butyral (PVB) in Vehicles and architectural works, the polyvinyl butyral (PVB) market is witnessing an increase in demand, as. Growing public interest towards sustainable and environment-friendly products will further enhance the overall market demand for polyvinyl butyral (PVB) during the forecast period. 

Report Coverage
The report: “Polyvinyl Butyral Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polyvinyl Butyral Industry. 

By Application: Films & sheets, Paint & Coatings, Adhesives, Others
By End Use: Automotive, Aviation, Buildings & Construction, Electronics, Others
By Geography: North America, South America, Europe, APAC, RoW

Key Takeaways
  • Asia-Pacific dominates the Polyvinyl Butyral Market owing to increasing demand from industries such as automotive and aviation industries. 
  • The growing demand for  colored sheets, such as for the blue or green "shade band" at the top edge of many automobile windshields, is likely to aid in the market growth of polyvinyl butyral market.
  • Increasing adoption of sustainable and environment friendly products will increase the market demand for polyvinyl butyral (PVB) in the near future.
  • Stringent government regulations related to colored sheets on vehicles will be the small hurdle for polyvinyl butyral market.

Application – Segment Analysis

Films and sheets holds the largest share in polyvinyl butyral market as one of the major uses of PVB is safety glass. Due to PVB's good adhesion to glass, most of the splinters of fractured glass will adhere to the surface of the PVB film and thus prevent personal injury by large and sharp glass fragments. PVB laminated glass also offers an improved sound barrier, good impact resistance, and almost 100% absorption of UV light. PVB films are also important for the protection of interiors from fading due to UV exposure. PVB films also find applications in the construction or Real Estate industry, as laminated safety and security glass, as well as in the photovoltaic industry to improve the long-term durability of solar modules. So, due to these wide use of PVB, the polyvinyl butyral market will grow.

End-Use – Segment Analysis

Automotive industry holds the largest share for the polyvinyl butyral market, as PVB films used for safety glass, are mostly used in the automotive industry. Because of the continuous increase in number of vehicles around the world, the polyvinyl market is also growing. The interlayer film is applied in car windshields, side-, back- and roof-glazing, for passenger safety. It also offers benefits to the automotive industry by offering eco-friendly environmental comfort, noise reduction, protection against UV-rays, protection against break-in, acoustic protection and InfraRed-protection. Every company in automotive sector are using PVB films, as this is one of the most important component used during the manufacturing of any vehicle.  

Geography – Segment Analysis

APAC has dominated the polyvinyl butral market, as APAC have most number of vehicles in the world. According to the production statistics 2019 from the International Organization of motor vehicle manufacturer (OICA), APAC had produced 52.65 million vehicles, which is the most number of vehicles produced around the globe. Countries such as China, India among with others in the APAC region, will be the core regions for the polyvinyl butyral market, as these countries consist the most number of vehicles in the APAC. So, as the automotive industry rises, the demand for polyvinyl market will also increase. APAC also have the largest roadway network in the world, AH1 is the longest route of the Asian Highway Network, running from Tokyo, Japan via Korea, China, Southeast Asia, Bangladesh, India, Pakistan, Afghanistan and Iran to the border between Turkey and Bulgaria west of Istanbul where it joins end-on with European route E80.

Drivers – Polyvinyl Butyral Market

Growing Demand of PVB films and sheets in building & construction Industries

PVB properties such as absorption of UV light, protection against break-in, acoustic protection and InfraRed-protection had increased the demand for polyvinyl butyral (PVB) in the Buildings and construction market.  Contractors are also looking more toward the use of PVB films or sheets in the corporate offices.

Easily Manufacturable and cost Efficient

Polyvinyl butyral (PVB) is easy to manufacture and are available in market at a very reasonable prices. So, they are easily available to the different industries. Polyvinyl butyral (PVB) is prepared by reaction of polyvinyl alcohol in aqueous solution and butyric aldehyde, in the presence of an acid catalyst and sodium dioctylsulphosuccinate as an emulsifier.

Challenges – Polyvinyl Butyral Market

Impact of Covid 19

The rapid spread of coronavirus has had a major impact on global Polyvinyl Butyral markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing Polyvinyl Butyral (PVB) films. One of the major difficulties, market is facing are the shutdown of all kinds of International transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in PVB’ production and exports had slowdown the market for PVB Butyral (PVB). 

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Polyvinyl Butyral Market. In 2019, the market of Polyvinyl Butyral (PVB) has been consolidated by the top five players accounting for xx% of the share. Major players in the Polyvinyl Butyral Market are Eastman Chemical Company, Kuraray Co., Ltd., Sekisui Chemical Co., Ltd., Huakai Plastic Co. Ltd., Chang Chun Petrochemicals Co. Ltd., Kingboard Chemical Holdings Ltd., among others. 

Acquisitions/Technology Launches
  • In September 2017, Kuraray acquired Calgon Carbon Corporation for $1.1B. 
  • In April 2018, SEKISUI CHEMICAL CO Completes Acquisition Of AIM Aerospace which  is a leading designer and producer of advanced composite structures, systems, engine components and thermoplastic technology for the global aerospace industry and leading the way in the implementation of advanced thermoplastics and intelligent automation for aerospace in North America.
1. Polyvinyl Butyral Market - Overview
        1.1 Definitions and Scope
2. Polyvinyl Butyral Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Polyvinyl Butyral Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Polyvinyl Butyral Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Polyvinyl Butyral Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Polyvinyl Butyral Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Polyvinyl Butyral Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Polyvinyl Butyral Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Polyvinyl Butyral Market - By Type (Market Size -$Million / $Billion)
10. Polyvinyl Butyral - By Application Type (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1. Films & Sheets Automotive Construction Photovoltaic
10.3.2. Paints & Coatings
10.3.3. Adhesives
10.3.4. Others
11. Polyvinyl Butyral- By Geography (Market Size -$Million / $Billion)
        11.1 Polyvinyl Butyral Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Polyvinyl Butyral- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Polyvinyl Butyral- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Polyvinyl Butyral - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 Polyvinyl Butyral - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. Polyvinyl Butyral Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Polyvinyl Butyral Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Polyvinyl Butyral Market - Key Company List by Country Premium
15. Polyvinyl Butyral Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Dulite polyvinyl butyral Film
        15.3 Eastman Chemical Company
        15.4 Everlam
        15.5 Qingdao Haocheng Industrial Company Limited
        15.6 Company 5
        15.7 Company 6 & More
*Financials would be provided on a best efforts basis for private companies
16. Polyvinyl Butyral Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Polyvinyl Butyral Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends