Product Code: PM3080
The global polyvinyl butyral market size is expected to reach USD 6.62 billion by 2032, according to a new study by Polaris Market Research. The report "Polyvinyl Butyral Market Share, Size, Trends, Industry Analysis Report, By Application (Films & Sheet, Paints & Coating, Adhesive & Sealants, Printing Inks, and Others); By End Use; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Extensive rise in the application of PVB films in the automotive sector owing to its several beneficial properties, including high durability, heat & noise reduction, and better chemical stability, along with the surging consumer awareness regarding its ability to improve indoor air quality is among the major factors expected to drive the global market growth. Due to its highly powerful anti-shocking and anti-break-in properties, laminated glasses made of PVBs are widely used in buildings to prevent accidents and increase focus on innovating more enhanced products with better capabilities, resulting in high product demand.
For instance, in June 2022, Avient Corporation announced the launch of its new engineered polymer solutions that would improve the sustainability of automotive solutions. The two new grades added to the reSound REC thermoplastic elastomer portfolio are formulated with polyvinyl butyral.
In the last few years, the utilization of laminated glasses has grown drastically in both residential and non-residential buildings, and high product penetration as an interlayer in various end-use industries, including architectural applications, acts as an emerging trend in the market. Moreover, the exponential growth in many government infrastructural developments plan, including hospitals, office buildings, government accommodation, and defense infrastructure, has been fueling the demand and adoption of PVBs in the construction industry.
Due to the adhesive nature of polyvinyl butyral glue film, even in the glass breaks, fragments keep binding on thin film & the surface of glass particles remains smooth and also clear, which helps prevent pieces from falling or even penetrating. The sound-insulation effect of innovative PVB interlayer films is one of the crucial factors that evaluate the quality of the applications where the product is being applied, resulting in high product penetration globally.
Polyvinyl Butyral Market Report Highlights:
Films & sheet segment accounted for significant global market share in 2022, on account of its higher adoption as an interlayer in the manufacturing of numerous types of glasses for various industries
Electricals & electronics segment is expected to witness fastest growth during the projected period, which is mainly driven by increasing use of PVB films due to its convenient and are highly economical
Asia Pacific region dominated the global market in 2022, owing to the continuous rise in the demand for consumer goods and significant growth in the photovoltaic industry across major developing countries in the region
The global key market players include Eastman Chemical, Genau Manufacturing Company, Jiangxi RongXin, King Board Specialty, & Zhejiang Pulijin Plastic
Polaris Market Research has segmented the polyvinyl butyral market report based on application, end-user, and region:
Polyvinyl Butyral, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Films & Sheet
Paint & Coating
Adhesive & Sealants
Printing Inks
Others
Polyvinyl Butyral, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
Automotive
Building & Construction
Electrical & Electronics
Others
Polyvinyl Butyral, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Polyvinyl Butyral Market Insights
- 4.1. Polyvinyl Butyral Market - Industry Snapshot
- 4.2. Polyvinyl Butyral Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising investment in research & development activities
- 4.2.1.2. Technological advancements in the electricals & electronics industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High recycling activities of PVB
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Polyvinyl Butyral Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Polyvinyl Butyral Market, by End-User
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Polyvinyl Butyral, by End-User, 2019-2032 (USD Billion)
- 5.3. Automotive
- 5.3.1. Global Polyvinyl Butyral Market, by Automotive, by Region, 2019-2032 (USD Billion)
- 5.4. Building & Construction
- 5.4.1. Global Polyvinyl Butyral Market, by Building & Construction, by Region, 2019-2032 (USD Billion)
- 5.5. Electrical & Electronics
- 5.5.1. Global Polyvinyl Butyral Market, by Electrical & Electronics, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Polyvinyl Butyral Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Polyvinyl Butyral Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 6.3. Films & Sheet
- 6.3.1. Global Polyvinyl Butyral Market, by Films & Sheet, by Region, 2019-2032 (USD Billion)
- 6.4. Paints & Coating
- 6.4.1. Global Polyvinyl Butyral Market, by Paints & Coating, by Region, 2019-2032 (USD Billion)
- 6.5. Adhesive & Sealants
- 6.5.1. Global Polyvinyl Butyral Market, by Adhesive & Sealants, by Region, 2019-2032 (USD Billion)
- 6.6. Printing Inks
- 6.6.1. Global Polyvinyl Butyral Market, by Printing Inks, by Region, 2019-2032 (USD Billion)
- 6.7. Others
- 6.7.1. Global Polyvinyl Butyral Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Polyvinyl Butyral Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Polyvinyl Butyral Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Polyvinyl Butyral Market - North America
- 7.3.1. North America: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.3.3. Polyvinyl Butyral Market - U.S.
- 7.3.3.1. U.S.: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.3.4. Polyvinyl Butyral Market - Canada
- 7.3.4.1. Canada: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4. Polyvinyl Butyral Market - Europe
- 7.4.1. Europe: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.3. Polyvinyl Butyral Market - UK
- 7.4.3.1. UK: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.4. Polyvinyl Butyral Market - France
- 7.4.4.1. France: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.5. Polyvinyl Butyral Market - Germany
- 7.4.5.1. Germany: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.6. Polyvinyl Butyral Market - Italy
- 7.4.6.1. Italy: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.7. Polyvinyl Butyral Market - Spain
- 7.4.7.1. Spain: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.8. Polyvinyl Butyral Market - Netherlands
- 7.4.8.1. Netherlands: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.4.9. Polyvinyl Butyral Market - Russia
- 7.4.9.1. Russia: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5. Polyvinyl Butyral Market - Asia Pacific
- 7.5.1. Asia Pacific: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.3. Polyvinyl Butyral Market - China
- 7.5.3.1. China: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.4. Polyvinyl Butyral Market - India
- 7.5.4.1. India: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.5. Polyvinyl Butyral Market - Malaysia
- 7.5.5.1. Malaysia: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.6. Polyvinyl Butyral Market - Japan
- 7.5.6.1. Japan: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.7. Polyvinyl Butyral Market - Indonesia
- 7.5.7.1. Indonesia: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.5.8. Polyvinyl Butyral Market - South Korea
- 7.5.8.1. South Korea: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.6. Polyvinyl Butyral Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.6.3. Polyvinyl Butyral Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.6.4. Polyvinyl Butyral Market - UAE
- 7.6.4.1. UAE: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.6.5. Polyvinyl Butyral Market - Israel
- 7.6.5.1. Israel: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.6.6. Polyvinyl Butyral Market - South Africa
- 7.6.6.1. South Africa: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.7. Polyvinyl Butyral Market - Latin America
- 7.7.1. Latin America: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.7.3. Polyvinyl Butyral Market - Mexico
- 7.7.3.1. Mexico: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.7.4. Polyvinyl Butyral Market - Brazil
- 7.7.4.1. Brazil: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
- 7.7.5. Polyvinyl Butyral Market - Argentina
- 7.7.5.1. Argentina: Polyvinyl Butyral Market, by Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Polyvinyl Butyral Market, by End-User, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Eastman Chemical Company
- 9.1.1. Company Overview
- 9.1.2. Financial PerEnd-Userance
- 9.1.3. End-User Benchmarking
- 9.1.4. Recent Development
- 9.2. Kuraray
- 9.2.1. Company Overview
- 9.2.2. Financial PerEnd-Userance
- 9.2.3. End-User Benchmarking
- 9.2.4. Recent Development
- 9.3. Huakai Plastic
- 9.3.1. Company Overview
- 9.3.2. Financial PerEnd-Userance
- 9.3.3. End-User Benchmarking
- 9.3.4. Recent Development
- 9.4. Tiantai Kanglai Industrial
- 9.4.1. Company Overview
- 9.4.2. Financial PerEnd-Userance
- 9.4.3. End-User Benchmarking
- 9.4.4. Recent Development
- 9.5. Guangzhou Aojisi New Materials
- 9.5.1. Company Overview
- 9.5.2. Financial PerEnd-Userance
- 9.5.3. End-User Benchmarking
- 9.5.4. Recent Development
- 9.6. Jiangxi RongXin
- 9.6.1. Company Overview
- 9.6.2. Financial PerEnd-Userance
- 9.6.3. End-User Benchmarking
- 9.6.4. Recent Development
- 9.7. Genau Manufacturing
- 9.7.1. Company Overview
- 9.7.2. Financial PerEnd-Userance
- 9.7.3. End-User Benchmarking
- 9.7.4. Recent Development
- 9.8. Zhejiang Pulijin Plastic
- 9.8.1. Company Overview
- 9.8.2. Financial PerEnd-Userance
- 9.8.3. End-User Benchmarking
- 9.8.4. Recent Development
- 9.9. Sekisui Chemicals
- 9.9.1. Company Overview
- 9.9.2. Financial PerEnd-Userance
- 9.9.3. End-User Benchmarking
- 9.9.4. Recent Development
- 9.10. Chang Chun Petrochemical
- 9.10.1. Company Overview
- 9.10.2. Financial PerEnd-Userance
- 9.10.3. End-User Benchmarking
- 9.10.4. Recent Development
- 9.11. Qingdao Haocheng
- 9.11.1. Company Overview
- 9.11.2. Financial PerEnd-Userance
- 9.11.3. End-User Benchmarking
- 9.11.4. Recent Development