Polyvinyl Butyral Market Expected to Reach USD 5.55 Billion by 2030
The global polyvinyl butyral (PVB) market is set for substantial growth, with a projected increase from USD 3.67 billion in 2023 to USD 5.55 billion by 2030, at a CAGR of 6.1% during the forecast period from 2024 to 2030. This growth is driven by the expanding applications of PVB, particularly in laminated glass, and its advantageous properties as a resin-based product.
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Polyvinyl Butyral Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Polyvinyl Butyral Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Polyvinyl Butyral market, with forecasts outspreading to the year 2030.
Polyvinyl Butyral Market Scope and Methodology:
The paper employs SWOT and descriptive analysis as research approaches. The primary goal of the research is to perform a thorough analysis of the market Polyvinyl Butyral. In research, a variety of methods are employed, such as questionnaires and surveys. After then, techniques from statistics, maths, and numbers are applied to assess the information. Approaches that are qualitative or quantitative can impact the current situation of the market.
Direct buyer interactions, RD projects, creative RD techniques, market consolidation and acquisitions, and new industrial processes are other factors taken into account when assessing market potential. This study considers microeconomic variables, market leaders' strategies, portfolio analysis, in-depth analysis, organisational structure, and market trends in order to conduct a SWOT analysis.
Polyvinyl Butyral Market Regional Insights:
The Middle East, Africa, South Africa, Europe, and the Americas.
Understanding the complex dynamics of the global Polyvinyl Butyral business within the context of regional research is crucial. The foundation for international trade in goods is presented by this book. The research provides a comprehensive summary of the Polyvinyl Butyral market's size and growth rate. People talk about current business trends in many different countries and places. Europe, the Americas, the Middle East, Asia-Pacific, and South Africa.
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Polyvinyl Butyral Market Segmentation:
by Type
Adhesive Films
Paints and Coatings
Printing Inks and Lacquers
Others
According to type, the Polyvinyl Butyral market was led by the Adhesive Films segment, which generated the largest revenue share of 3.1 billion in 2023 and is predicted to continue leading the market with a CAGR of 5.48% throughout the forecast period. Most often, polyvinyl butyral is used as an encapsulant or as a film for protection. A well-known resin used in the automotive and architectural industries as a protective interlayer bonded between two glass panels is polyvinyl butyral. Heat and pressure are applied during the bonding process.
by End-User
Automotive
Construction
Power Generation
Others
In 2023, the Automotive category held the largest revenue share of 1.7 billion in the Polyvinyl Butyral market based on End-User, and it is anticipated that this segment would continue to dominate the market with a CAGR of 5.41% throughout the forecast period. Good mechanical properties make polyvinyl butyral a popular choice for interlayer materials in laminated glass. Both glass layers are adhered to by the PVB sheet, which prevents breakage even after impact. The PVB sheet does not delaminate easily because of the chemical bond that holds it to the glass.
by Application
Windshields
Rear and Front View Mirrors
Windows and Dashboard Displays
Others
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1. Chang Chun Group(Taiwan)
2. Hui Da Chemical (US)
3. DuLite PVB FILM(US)
4. Eastman Chemical Company(US)
5. WMC GLASS(US)
6. Eastman (Solutia)(US)
7. Everlam (Belgium)
8. Huakai Plastic (Chongqing) Co. Ltd(China)
9. Kingboard (FoGang) Specialty Resins Co. Ltd(China)
10.Anhui WanWei Bisheng New Material Co., Ltd.(China)
11.RongXin New Materials(China)
12.Xinfu Pharm(China)
13.Guangda Bingfeng(China)
14.Longcheng High-tech Material (China)
15.Sichuan EM Technology(China)
16.Kuraray Co. Ltd (Japan)
17.Sekisui Chemical Co. Ltd.(Japan)
18.Hubergroup(Germany)
19.Tridev Resin Pvt. Ltd.(India)
20.Genau Manufacturing Company LLP (GMC LLP)(India)
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Key questions answered in the Polyvinyl Butyral Market are:
- Which is the fastest growing region in the Polyvinyl Butyral Market?
- What is the growth rate of the Polyvinyl Butyral Market?
- What are the upcoming opportunities and trends for the Polyvinyl Butyral Market?
- What segments are covered in the Polyvinyl Butyral Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Polyvinyl Butyral Market?
- Which are the factors expected to drive the Polyvinyl Butyral Market growth?
- What is the CAGR at which the market will grow during the forecast period?
- What are the different segments of the Polyvinyl Butyral Market?
- What is Polyvinyl Butyral?
- What growth strategies are the players considering to increase their presence in Polyvinyl Butyral?
- Who are the leading companies and what are their portfolios in Polyvinyl Butyral Market?
- Who are the key players in the Polyvinyl Butyral market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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