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Polyvinyl Butyral (PVB) Market Size

Report ID: GMI2252
Published Date: Nov 2024
Report Format: PDF

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Polyvinyl Butyral Market Size

The global polyvinyl butyral market was valued at USD 4.1 billion in 2024 and is estimated to grow at a CAGR of over 6.4% CAGR from 2025 to 2034.

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Due to rising automotive market in the emerging economies is the key factor behind the growth of the global polyvinyl butyral industry in the study period. This product is widely used in making architectural and automotive laminated glass. Automotive OEM manufacturers utilize laminated glass for making sunroofs, side & back windows and windscreens. These laminated glasses are made through bonding PVB in between layers of two glass panels under extreme pressure and temperature conditions.

PVB's properties, such as excellent adhesion, transparency, and safety, make it ideal for laminated glass applications, particularly in windshields and architectural glass. The rise in vehicle production and stricter safety regulations are key factors propelling market expansion. Additionally, the construction industry's focus on energy efficiency and enhanced safety features is boosting PVB usage in buildings.

Polyvinyl Butyral Market Report Attributes
Report Attribute	Details
Base Year:	2024
Polyvinyl Butyral Market Size in 2024:	USD 4.1 Billion
Forecast Period:	2025–2034
Forecast Period 2025–2034 CAGR:	6.4%
2025–2034 Value Projection:	USD 7.4 Billion
Historical Data for:	2021–2024
No. of Pages:	200
Tables, Charts & Figures:	172
Segments covered:	Application, End Use and Region
Growth Drivers:	Increasing demand in the automotive industry. Growth in construction and architectural applications. Stricter safety regulations and standards.
Pitfalls & Challenges:	Raw material price volatility.

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The increasing demand in the automotive industry significantly boosts the polyvinyl butyral market, as manufacturers seek materials that enhance vehicle safety and performance. PVB's superior properties make it ideal for laminated glass used in windshields, which provide protection against shattering and improve sound insulation.

In the construction sector, the growth in architectural applications is driven by a focus on safety and energy efficiency. PVB is commonly used in building glass to create secure, energy-efficient structures that meet modern design standards. Its ability to hold together glass layers even when broken adds an essential safety feature in commercial and residential buildings.

Stricter safety regulations and standards worldwide are further propelling the demand for PVB. Governments are enforcing enhanced safety measures for vehicles and buildings, leading manufacturers to adopt materials that comply with these regulations, thereby increasing PVB's market penetration. These drivers collectively underscore PVB's critical role in evolving industrial needs.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for polyvinyl butyral was valued at USD 4.1 billion in 2024 and is projected to reach USD 7.4 billion by 2034, driven by a CAGR of over 6.4% from 2025 to 2034.

The building & construction segment held a 30.1% market share in 2024, amounting to USD 1.2 billion, and is projected to grow at a 6.7% CAGR from 2025 to 2034, driven by the demand for energy-efficient and safety-oriented materials.

U.S. market is projected to achieve USD 795.5 million by 2034, driven by a CAGR of 5.8% from 2025 to 2034, supported by increasing vehicle production and stringent safety regulations.

Major players in the industry include Chang Chun Petrochemicals, DuLite, DuPont, Eastman Chemical Company, Huakai Plastic (Chongqing) Co., Kingboard Chemical Holdings, Kuraray, SEKISUI CHEMICAL, Tiantai Kanglai Industrial, and Zhejiang Pulijin Plastic.