Polyvinyl Butyral Market, Fueled by Growing Demand in Automotive and Construction Industries
“Automotive and Construction Sectors Dominate Market Shares”
The Polyvinyl Butyral Market is currently dominated by the automotive and construction sectors, claiming 54.7% and 38.2% of the market shares in 2021, respectively. An emerging sector, power generation, is anticipated to be the fastest-growing consumer during the forecast period, accounting for 4.9% of the market by 2020.
Polyvinyl Butyral Market Outlook:
The Polyvinyl Butyral market’s future trajectory has been projected based on region, type, and application, incorporating sales and revenue data. The Polyvinyl Butyral market research underscores aspects such as market share, primary suppliers, distributors, evolving price trends, and the intricate raw material supply chain. By offering these insights, the market report furnishes companies with profound understanding of the dynamics prevalent within the global Polyvinyl Butyral industry.
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Polyvinyl Butyral Market Scope and Research Methodology:
The core focus of the Polyvinyl Butyral market report centers on illuminating the dynamics encompassing drivers, restraints, challenges, and opportunities. This comprehensive insight into market dynamics is presented both regionally and by segment, rendering the report an indispensable resource for potential investors. Data collection for the report was achieved through the synergy of primary and secondary research methodologies, ensuring the Polyvinyl Butyral market report’s authenticity and accuracy.
The process of arriving at the total market size involved segmenting the market into various categories, each verified through primary research achieved by conducting extensive interviews with influential individuals within the Polyvinyl Butyral industry. Employing a bottom-up approach, the report estimated both regional and global Polyvinyl Butyral market sizes.
In addition, secondary research identified significant Polyvinyl Butyral industry key players, whose revenues were determined through a combination of primary and secondary research. The secondary research phase encompassed data collection from official databases of diverse organizations, government sources, industry journals, white papers, annual reports, and suppliers within the Polyvinyl Butyral industry. Meanwhile, primary research involved conducting in-depth interviews with industry experts and opinion leaders.
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 2022 and is predicted to continue dominating 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
End-user-wise, the automotive segment led the polyvinyl butyral market in 2022 with the most revenue share of 1.7 billion, and it is predicted to lead the market with the greatest compound annual growth rate (CAGR) of 5.41% over the course of 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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Polyvinyl Butyral Market Key Players:
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)
Polyvinyl Butyral Market Regional Analysis:
The Polyvinyl Butyral market report is segmented into key regions, such as North America, Asia Pacific, Europe, Middle East and Africa, and South America. Furthermore, the report includes market size, CAGR, import and export, and country-level analysis, integrating the demand and supply forces of the Polyvinyl Butyral market in these countries.
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Key Questions answered in the Polyvinyl Butyral Market Report are:
- What is the expected CAGR of the Polyvinyl Butyral market during the forecast?
- What is the expected Polyvinyl Butyral market size during the forecast period?
- Which regional Polyvinyl Butyral market is expected to hold the largest share during the forecast period?
- What are the market segments?
- Which production technology is utilized for Polyvinyl Butyral?
- What trends are driving the market growth?
- Who are the global key players in the Polyvinyl Butyral market?
- What is the global market status of the Polyvinyl Butyral market?
- What was volume, manufacture value, price, and revenue of Polyvinyl Butyral market?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
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