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PVB Market size worth over $3.9 bn by 2024

  • Published Date: August 22, 2019

Polyvinyl Butyral Market size will likely surpass USD 3.9 billion by 2025; according to a new research report by Global Market Insights Inc.
 

Rising product usage in the building & construction industry will augment the polyvinyl butyral (PVB) market by 2024. PVB is widely utilized for a variety of construction applications including building of industrial & commercial facades, overhead glazing, balustrades, floors & stairs, etc. PVB is also used in the commercial building segment including shopping malls, airport terminals, defense offices, stadiums, etc. Increasing growth in the construction industry of major countries of Europe and Asia Pacific will boost the polyvinyl butyral demand by 2024.
 


Another key growth enabling factor for the industry is increasing product usage in the automotive industry. PVB is utilized in making laminated glass to enhance the key optical and mechanical properties of vehicle glass systems and to ensure overall safety. Rising automotive industry demand in emerging economies including Brazil, Russia, China, South Africa and India (BRICS) will substantially increase the polyvinyl butyral consumption in coming years. BRICS nations have reported an increase in the number of vehicle production from 20 million units in 2009 to 36 million units in 2016. Increasing disposable income along with rising population are key factors responsible for the growth of automotive manufacturing in these nations. Thus, increasing vehicle demand in BRICS countries will boost product demand in the forecast period.
 

Polyvinyl Butyral Market

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Browse key industry insights spread across 250 pages with 292 market data tables & 27 figures & charts from the report, “Polyvinyl Butyral (PVB) Market Size By Application (Acoustic Protection, Lamination, Binders, Coatings, Architectural Glazing), By End-user (Building & Construction, Transportation, Defense), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/polyvinyl-butyral-pvb-market
 

Defense is a key end-user industry in the polyvinyl butyral market share and will generate a revenue of approximately USD 900 million by 2024. PVB is extensively used as prepregs to produce helmets, ceramic baking, vehicle armor, etc. The product also provides protection against bullets, explosives and blunt impact.
 

Acoustic protection segment will account for more than 15% share of the total industry in the forecast timeframe. Growing polyvinyl butyral demand for providing acoustic protection in government offices, hospitals, airports, etc. will augment its market in the forecast period. Binders segment will also grow at a considerable rate over the forecast time frame. This is owing to increasing PVB usage in the manufacturing of ceramics used for fuel cells and in the production of resistors, inductors and capacitors.
 

Europe will generate a revenue of around USD 750 million by 2024 due to increasing product demand in the building and construction sector. The region has reported a growth of approximately 10% in its building & construction industry from the year 2010 to 2016. Rising urbanization in Eastern European countries will propel construction material’s demand in the near future. For instance, Germany will have more than 3 million people migrating to urban areas by 2020, which will result in a sharp increase in housing demand. Furthermore, rising vehicle production in Germany will further enhance the Europe polyvinyl butyral market development in the forecast timeframe.
 

Some of the key participants in the polyvinyl butyral market share include DuPont, Kingboard Chemical Holdings, Zhejiang Pulijin Plastic, Sekisui Chemical, Kuraray, Huakai Plastic (Chongqing) Co, Eastman Chemical Company, Tiantai Kanglai Industrial, Guangzhou Aojisi New Materials, Chang Chun Petrochemicals, DuLite, Anhui Wanwei Group, Everlam and Hunan Xiangwei.
 

Polyvinyl butyral (PVB) market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2014 to 2025, for the following segments:
 

Polyvinyl Butyral Market by Polymer

  • Epoxy Resin
  • Polyamide
  • Polyethylene
  • Polypropylene
  • Others

Polyvinyl Butyral Market Material by Nanomaterials

  • Nanoclays
    • Automotive & Aerospace
    • Electrical & Electronics
    • Packaging
    • Biomedical
    • Paints & Coatings
    • Others
  • Carbon Nanotubes
    • Automotive & Aerospace
    • Electrical & Electronics
    • Packaging
    • Biomedical
    • Paints & Coatings
    • Others
  • Nanofibers
    • Automotive & Aerospace
    • Electrical & Electronics
    • Packaging
    • Biomedical
    • Paints & Coatings
    • Others
  • Nano-oxides
    • Automotive & Aerospace
    • Electrical & Electronics
    • Packaging
    • Biomedical
    • Paints & Coatings
    • Others
  • Others
    • Automotive & Aerospace
    • Electrical & Electronics
    • Packaging
    • Biomedical
    • Paints & Coatings
    • Others

Polyvinyl Butyral (PVB) Market Material by Application

  • Automotive & Aerospace
  • Electrical & Electronics
  • Packaging
  • Biomedical
  • Paints & Coatings
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • The Nordic Countries
    • Russia
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • Taiwan
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Israel
Authors: Kiran Pulidindi