The global polyvinyl butyral (PVB) market size was USD 2.24 billion in 2015 and expanding government spending on solar power and construction infrastructure along with the growing population will augment industry expansion
1. Follow Us:
Polyvinyl butyral market size to reach $4.06 billion by 2024
The global polyvinyl butyral (PVB) market is expected to reach USD 4.06 billion
by 2024, according to a new report by Grand View Research, Inc. Rising demand for
the product as they provide superior resistance to weather & moisture, attractive
colors, optical clarity, strong binding, excellent adhesion, flexibility and toughness will
fuel industry growth over the next eight years.
Rising government spending on solar power and construction infrastructure along with
the growing population will augment industry expansion. Growing consumption of PVB
films & sheets in thin film solar modules on account of its low cost and environment-
friendly properties will drive market size over the next eight years.
Paints & coatings application segment is expected to witness substantial revenue
gains at a CAGR of 6.3% from 2016 to 2024. The product acts as a protector and
“The global polyvinyl butyral (PVB) market size was USD 2.24 billion in 2015 and
expanding government spending on solar power and construction infrastructure
along with the growing population will augment industry expansion.”
2. Follow Us:
corrosion preventer for various metals including steel, iron, zinc and aluminum.
Moreover, properties including superior adhesion and resistance to UV radiation will
induce the demand for the product over the forecast period.
Further key findings from the report suggest:
The global PVB market size was 369.8 kilo tons in 2015 and is expected to show
high gains in light of rapid infrastructural development in China, India, Mexico,
Saudi Arabia, Brazil, Singapore, Thailand, Indonesia and the U.S.
PVB adhesives will witness considerable volume gains at a CAGR of 5.7% from
2016 to 2024. Growing usage of these adhesives owing to their superior
strength, adhesion and binding properties in various environmental conditions is
expected to stimulate industry growth. Furthermore, rising usage in the paper,
packaging, automotive, construction, assembly, manufacturing, woodwork and
consumer products will fuel industry growth over the forecast period.
North America accounted for 23.4% of the overall volume share in 2015 and is
expected to witness gains in light of rising construction activities in the U.S.
coupled with growing automobile manufacturing in Mexico.
Latin America will show significant revenue increase at a CAGR of 7.4% from
2016 to 2024 owing to rapid economic growth along with increasing vehicle
production in Brazil. Increasing government efforts to promote solar energy
generation will stimulate product demand over the forecast period.
PVB industry is dominated by major participants including include Eastman
Chemical Company, DuPont, Chang Chun Petrochemical, Sekisui Chemicals
and Kuraray. Companies are expanding their production capacities to cater to the
growing global demand for the resin. For instance, in June 2016, Kuraray Co.,
Limited announced plans to construct a manufacturing facility for polyvinyl butyral
films at its South Korean plant.
3. Follow Us:
Table of content of Global Polyvinyl Butyral (PVB) MarketResearch Report:
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
Chapter 3. Polyvinyl Butyral (PVB) Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Technological overview
3.4.1. Manufacturing
3.4.2. Recycling
3.5. Raw material outlook
3.5.1. Polyvinyl alcohol
4. Follow Us:
3.5.2. Butyraldehyde
3.6. Regulatory framework
3.7. List of suppliers
3.8. Market dynamics
3.8.1. Market driver analysis
3.8.1.1. Growth of the construction sector in Asia Pacific
3.8.1.2. Growing automobile industry
3.8.1.3. Rising demand for photovoltaics
3.8.2. Market restraints analysis
3.8.2.1. Volatility in raw material prices
3.8.2.2. High recycling of PVB
3.9. Porter’s analysis
3.10. PESTLE analysis
5. Follow Us:
Chapter 4. Polyvinyl Butyral (PVB) Market: Application Estimates & Trend
Analysis
4.1. Application Movement Analysis & Market Share, 2015 & 2024
4.2. Films & sheets
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.3. Automotive
4.2.3.1. Market estimates and forecasts, 2013 - 2024
4.2.3.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.4. Construction
4.2.4.1. Market estimates and forecasts, 2013 - 2024
4.2.4.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.5. Photovoltaic
4.2.5.1. Market estimates and forecasts, 2013 - 2024
4.2.5.2. Market estimates and forecasts, by region, 2013 - 2024
4.3. Paints & coatings
4.3.1. Market estimates and forecasts, 2013 - 2024
6. Follow Us:
4.3.2. Market estimates and forecasts, by region, 2013 - 2024
4.4. Adhesives
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts, by region, 2013 - 2024
Chapter5. Polyvinyl Butyral (PVB) Market: Regional Estimates & Trend Analysis,
by Application
5.1. Regional Movement Analysis & Market Share, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by application, 2013 - 2024
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2013 - 2024
5.2.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3. Europe
7. Follow Us:
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2013 - 2024
5.3.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.4. UK
5.3.4.1. Market estimates and forecast, 2013 - 2024
5.3.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.3. China
5.4.3.1. Market estimates and forecast, 2013 - 2024
5.4.3.2. Market estimates and forecast, by application, 2013 - 2024
5.4.4. Japan
5.4.4.1. Market estimates and forecast, 2013 - 2024
5.4.4.2. Market estimates and forecast, by application, 2013 - 2024
8. Follow Us:
5.5. Latin America
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by application, 2013 - 2024
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2013 - 2024
5.5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.6. Middle East & Africa (MEA)
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by application, 2013 - 2024
Chapter 6. Competitive Landscape
6.1. Company market share analysis, 2015
6.2. Vendor landscape
6.3. Competitive environment
6.4. Company market positioning
6.5. Strategy framework
9. Follow Us:
Detailed Research Report available
at:http://www.grandviewresearch.com/industry-analysis/polyvinyl-butyral-pvb-
market
About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
Web – http://www.grandviewresearch.com/