[146 Pages Report] The market size of polyvinyl butyral (PVB) is estimated to reach USD 3.04 Billion by 2021 at a CAGR of 6.83%, in terms of value. The base year considered for the study is 2015 while the forecast period is between 2016 and 2021. The polyvinyl butyral market is driven by its growing usage in films & sheets application. The report includes analysis of the polyvinyl butyral market by region, namely, Asia-Pacific, Europe, North America, the Middle East & Africa, and South America.

Objectives of the Study:

To define, describe, and forecast the polyvinyl butyral market on the basis of application, end-use industry, and region

To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contribution to the total market

To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders

To strategically profile key players and comprehensively analyze their market shares and core competencies2

Note1: Micromarkets are the subsegments of the PVB market included in the report

Note2: Core competencies of companies are determined in terms of their key developments, SWOT analysis, and key strategies adopted by them to sustain in the market

Both top-down and bottom-up approaches have been used to estimate and validate the size of the global polyvinyl butyral market and estimate the size of various other dependent submarkets. The research study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, Commonwealth Scientific and Industrial Research Organization (CSIRO), Securities and Exchange Commission (SEC), American National Standards Institute (ANSI), Organization for Economic Co-operation and Development (OECD), and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the PVB market.

To know about the assumptions considered for the study, download the pdf brochure

polyvinyl butyral is mainly manufactured from polyvinyl alcohol (PVOH) and N-butyl aldehyde. Companies such as Carst & Walker (South Africa) and BouLing Chemical Co., Ltd. (China) supply these raw materials to the major manufacturers of polyvinyl butyral such Eastman Chemical Company (U.S.), Kuraray Co., Ltd. (Japan), Sekisui Chemical Co., Ltd. (Japan), Huakai Plastic (Chongqing) Co. Ltd, (China), Chang Chun Petrochemicals Co. Ltd. (China), Kingboard Chemical Holdings Ltd. (China), Everlam (Belgium), DuLite polyvinyl butyral Film (Taiwan), and Tiantai Kanglai Industrial Co., Ltd. (China). These manufacturers are also focusing on increasing their geographical presence by undertaking strategies such as joint ventures, expansions, and acquisitions. They are also providing advanced technology and effective cooling equipment by introducing new products.

Key Target Audience:

Manufacturers of PVB and PVB films & sheets

Traders, distributors, and suppliers of PVB and PVB films & sheets

Regional manufacturer associations and general PVB associations

Government and regional agencies and research organizations

Investment research firms

�This study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments.�

Scope of the Report:

This research report categorizes the global polyvinyl butyral market on the basis of application, end-use industry, and region.

On the basis of Application/End-Use Industry:

Films & sheets Automotive Construction Photovoltaic Others

PVB Resins Paints & Coatings Adhesives Others



On the basis of Region:

Asia-Pacific

Europe

North America

Middle East & Africa

South America

The market is further analyzed for the key countries in each of these regions.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs. The following customization options are available for the report:

Regional Analysis:

Country-level analysis of the PVB market, by application.

Country-level analysis of the PVB films & sheets market, by end-use industry.

Company Information:

Detailed analysis and profiling of additional market players.

The market size of polyvinyl butyral (PVB) is estimated to reach USD 3.04 Billion by 2021 at a CAGR of 6.83%.

The polyvinyl butyral market has witnessed significant growth in the recent years, and this growth is projected to persist in the coming years. polyvinyl butyral resins is used in a wide range of applications such as films & sheets, paints & coatings, and adhesives owing to its characteristic properties such as wear & blister resistance, excellent adhesion, flexibility, and tensile strength. PVB films & sheets are used in different end-use industries such as automotive, construction, and photovoltaic. The use of polyvinyl butyral films & sheets has been increasing over the years owing to growing demand from the automotive and construction industries.

The main applications of PVB such as films & sheets, paints & coatings, adhesives, and others are included in this report. Film & sheets accounted for the largest market share in 2015 because of their suitability in a number of applications in various end-use industries. It is the fastest-growing application of polyvinyl butyral because of its increasing acceptance in end-use industries such as automotive, construction, and photovoltaic.

In 2015, the automotive end-use industry accounted for the largest market share, in terms of value and volume, followed by construction and photovoltaic. The photovoltaic industry is projected to register the highest CAGR between 2016 and 2021.

Asia-Pacific, North America, Europe, the Middle East & Africa, and South America are considered as the main regions for the polyvinyl butyral market in this report. Cuurently, Asia-Pacific dominates the polyvinyl butyral market. The rising demand for polyvinyl butyral in this region is mainly driven by its increased use in the construction and automotive industries. Europe is the second-largest consumer of polyvinyl butyral, globally. The market in this region is mainly driven by the growing opportunities from the construction and automotive industries and the growing photovoltaic industry. South America is the second fastest-growing region after Asia-Pacific owing to the growing automotive industry in the region.

Although the PVB market is growing at a significant rate, few factors such as decreasing crude oil prices and rising cost of production restrict its growth, globally.

Eastman Chemical Company (U.S.), Kuraray Co., Ltd. (Japan), Sekisui Chemical Co., Ltd. (Japan), Chang Chun Petrochemicals Co. Ltd. (China), Kingboard Chemical Holdings Ltd. (China), and others are the leading companies, with an excellent foothold in the U.S., China, and Japan. These companies are expected to account for a significant market share in the near future. Entering into related industries and targeting new markets will enable the polyvinyl butyral manufacturers to overcome the effects of volatile economy, leading to diversified business portfolio and increase in revenue. Other major manufacturers of polyvinyl butyral are Huakai Plastic (Chongqing) Co. Ltd. (China), Everlam (Belgium), DuLite PVB Film (Taiwan), Tiantai Kanglai Industrial Co., Ltd. (China), and Anhui Wanwei Group Co., Ltd. (China).

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