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Global Polyvinyl Butyral (PVB) market report, share, trends and forecast to 2028

According to Stratistics MRC, the Global Polyvinyl Butyral (PVB) Market is accounted for $3.49 billion in 2022 and is expected to reach $5.64 billion by 2028 growing at a CAGR of 8.3% during the forecast period. 

A transparent, robust, and flexible thermoplastic called PVB is used to create adhesives, paint and coatings, and films and sheets with great clarity and resistance to fracture. PVB use as a sealing material for solar modules has expanded as a result of advancements in the electronics and electrical industries. PVB is frequently used in paint and coatings for metallic materials such steel, aluminium, galvanised iron, and copper as well as wood, leather, stove, and primer paints.

PVB interlayer’s for laminating glass will be used in material science innovation and growth-driven end-use industries like the automobile. PVB is a strong, high-temperature chemically stable material. PVB films and sheets are frequently utilised in applications to enhance passenger safety, noise reduction, and UV radiation blocking. Designer windscreens, rear glass, quarter glass, and sunroofs can all be made of PVB, which also offers the best light transmission and glare reduction. The PVB market will have growth prospects as the manufacturing of electric vehicles increases and the need for qualities such light weighting, sophisticated solar control, and design freedom is met.

By geography, North America is projected to have the highest CAGR over the forecast period, owing to the expansion of the market has been positively impacted by a rise in the number of construction projects in the area. The market for polyvinyl butyral products is anticipated to be driven by new residential building. Due to the regional economic slowdown, the market for polyvinyl butyral in Europe is predicted to expand slowly; however, in the next years, the market is anticipated to rebound, which is likely to spur market expansion.

Some of the key players profiled in the Polyvinyl Butyral (PVB) Market include Sekisui Chemical CO. LTD, Kuraray CO., LTD., Eastman Chemical Company, Kingboard (FO GANG) Specialty Resins Limited, Huber Group, Anhui Wanwei Bisheng New Material CO., LTD, Chang Chun GROUP, Huakai Plastic CO., LTD., Tridev Resins PVT. LTD., Huakai Plastic CO., LTD.

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By Types:

  • Alkaline Alcoholises
  • Acidic Alcoholises
  • Other Types

By Applications:

  • Adhesive & Sealants
  • Films & Sheet
  • Printing Inks
  • Paints & Coating
  • Lamination
  • Architectural Glazing
  • Binders
  • Acoustic Protection
  • Other Applications

By End Users:

  • Building & Construction
  • Automotive
  • Electrical & Electronics
  • Photovoltaic
  • Defense
  • Other End Users

Free Customization Offerings: 

All the customers of this report will be entitled to receive one of the following free customization options: 

  • Company Profiling 
  • Comprehensive profiling of additional market players (up to 3) 
  • SWOT Analysis of key players (up to 3) 
  • Regional Segmentation 
  • Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check) 
  • Competitive Benchmarking 
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances 

 

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