Polyvinyl butyral (PVB) is a thermoplastic resin that is soluble in most of the organic solvents. PVB is manufactured from the condensation reaction of polyvinyl alcohol (PVA) and n-butyraldehyde. Expansions, collaborations, and investments were the strategies adopted by the key players to achieve growth in the PVB market between 2011 and 2016. These strategies accounted for the largest share among all the strategies adopted by the market players. Properties such as high wear & blister resistance, excellent adhesion, flexibility, and tensile strength make them suitable for a variety of end-use applications such as automotive, construction, and photovoltaic.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234670896
Surging energy prices and demand for more technologically advanced PVB resin have encouraged various end-use industries to focus on using PVB resin and films & sheets, thus leading to increase in demand for PVB. These aspects have encouraged companies to adopt the strategy of expansions, contracts, and agreements in the PVB market. Some of the leading manufacturers of PVB, such as Eastman Chemical Company (U.S.), Kuraray Co., Ltd. (Japan), Sekisui Chemical Co., Ltd. (Japan), and Chang Chun Petrochemicals Co. Ltd. (China) are adopting this strategy to develop their business, globally.
Besides expansions, collaborations, and investments, the companies have adopted the strategy of acquisitions & agreements to expand their market share and distribution network. These strategies also accounted for a significant share of the total number of growth strategies adopted by the players in the global PVB market between 2011 and 2016.
Key companies, such as 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 PVB Film (Taiwan), Tiantai Kanglai Industrial Co., Ltd. (China), and other local players are the most active players in the global PVB market.
In 2016, Kuraray Co. Ltd. added the PVB film production facility to Ulsan plant in South Korea. The company plans to complete the construction of the PVB production facility by the end of 2017. This expansion will help the company cater to the Asian market.
In 2016, Kuraray Co., Ltd. opened a greenfield Kuraray POVAL plant in Pasadena, Texas, U.S., having an annual capacity of 40,000 MT. The new plant helps the company increase the production capacity of PVB resin in North America. In 2015, Huakai Plastic (Chongqing) Co. Ltd. signed an agreement with Google to promote the overseas network marketing strategy, and started building the online global network marketing platform for Huakai branded PVB films.
Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=234670896
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States