Polyvinyl Butyral Market Overview to 2023
Polyvinyl Butyral (PVB) compounds are used to make resins. They offer excellent binding efficiency, optical clarity, strong adhesion to a large number of substrates, and toughness combined with flexibility. These properties have major applications in automobile, solar energy, and paint & coatings end-use industries. Additionally, the most important and widely used application of PVB is to laminate glass purposes. This is directly impacting the PVB consumption rate in installing solar panels. Rising demand for laminated glass in automobiles, and increasing expenditure on research activities. Moreover, demand for PVB is predicted to witness a significant growth over the assessment period due to surging paint & coatings industry. Rising steel production across the globe is anticipated to be an important driver for the PVB consumption as an anti-corrosive primer during the review period.
Global Top Key Players:
Some of the prominent players operating in the Global Polyvinyl Butyral Market are Kuraray Co., Ltd. (Japan), E. I. du Pont de Nemours and Company (U.S.), Eastman Chemical Company (U.S.), Huakai (China), Chang Chun Petrochemicals Co., Ltd. (Taiwan), Kingboard (Fo Gang) Specialty Resins Limited (China), Everlam (Belgium), Dulite PVB Film (Taiwan), Tiantai Kanglai Industrial Co., Ltd. (China), Guangzhou Aojisi New Materials Co., Ltd. (China), Anhui Wanwei Group Co., Ltd. (China), Qingdao Haocheng Industrial Company Limited (China), Huzhou Xinfu New Materials Co., Ltd. (China), Zhejiang Pulijin Plastic Co., Ltd. (China), and Hunan Xiangwei Co., Ltd. (China) among others.
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As per our Analysis, some of the prominent market factors and trends identified in the Global PVB Market. Foremost factor is that increasing global demand for energy and the need for more realistic and immediate action to address climate change is forcing governments, business and consumers to consider more holistic solutions that can reduce environmental impact is encouraging solar energy.Increasing automobile production and sales along with rising consumption of PVB in windshield glass lamination is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period 2017-2023. However, implementation of strict regulations by various government bodies has restricted the use of toxic organic chemicals in the production of Polyvinyl Butyral, which is expected to hamper the growth of the market.
Company Profiles
11.1 Kuraray Co., Ltd.
11.1.1 Company Overview
11.1.2 Application/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 E. I. Du Pont De Nemours And Company
11.2.1 Company Overview
11.2.2 Application/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Eastman Chemical Company
11.3.1 Company Overview
11.3.2 Application/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 Huakai
…..to be continue….
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Increasing automobile production and sales along with rising consumption of PVB in windshield glass lamination is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period 2017-2023. However, implementation of strict regulations by various government bodies has restricted the use of toxic organic chemicals in the production of Polyvinyl Butyral, which is expected to hamper the growth of the market.
Intended Audience
- Polyvinyl Butyral Manufacturers
- Traders and Distributors of Polyvinyl Butyral
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Regional Analysis:
The Global Polyvinyl Butyral (PVB) Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the highest CAGR during the review period, 2017-2023 on account of expanding industries. The demand for PVB is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high consumption rate in the construction industry. Moreover, the shift in global economic power has placed the Middle East at the center of many of the world’s fastest-growing markets. Dubai, in particular, has leveraged that position to turn itself into a global hub for aviation, tourism, and logistics, which is expected to increase the consumption of PVB to use as an anti-corrosive primer for the steel.
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