Global industry analysis
The Polyvinyl Butyral Resins Market is expected to see considerable growth in the near future, due to its increasing demand for use in a variety of industrial applications. Polyvinyl butyral resins are widely used for the production of safety glass, such as car windshields and building windows.
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add advertising hereThe most common applications for polyvinyl butyral resins, a form of specialty thermoplastic resins, require optical clarity, strong bonding and adhesion to various surfaces, and flexibility and toughness. PVB resins, also known as polyvinyl butyral resins, are made commercially by reacting polyvinyl alcohol with butyraldehyde.
In order to manufacture laminated/interlayer safety glass sheet and sheet, polyvinyl butyral resins are commonly used as raw material. These products are mainly used in the construction and automotive industries. Film-based applications account for more than half of the world’s use of polyvinyl butyral resins.
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In the automobile industry, polyvinyl butyral resin-based laminated safety glass is generally used in the manufacture of windshields, and in recent years, laminated safety glass is used in roofs and side windows of luxury cars for the purpose of weight and noise reduction.
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add advertising hereLaminated/interlayer safety glass and sheet based on polyvinyl butyral resins are also widely used in the construction industry in the manufacture of windows and to promote energy savings due to its insulating properties and noise reduction.
Films and sheets based on polyvinyl butyral resins are also used in the manufacture of encapsulation materials for solar modules, as due to the predominant use of ethylene vinyl acetate (EVA) films for solar encapsulation, this application has a lower proportion compared to others. Compared to film-based applications, the non-film-based applications show lower consumption of polyvinyl butyral resins worldwide.
Non-film based applications of polyvinyl butyral resins include wash primers, wood coatings, ceramic binders, structural adhesives, ink/dry toner, composite fibers, etc. Polyvinyl butyral resin films are sold under brand names such as KB PVB, GlasNovations, Saflex, WINLITE, EVERLAM, Butacite, Trosifol and S-Lec among others.
Global Polyvinyl Butyral Resins Market: Dynamics
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add advertising hereThe ever-increasing rate of urbanization has accelerated the growth of construction industry and associated building and building materials market growth, which in turn is considered to be the key driving factor of the global polyvinyl butyral resin market.
The stricter regulations for energy-efficient buildings and the increasing propensity to adopt noise-reducing building materials have increased the consumption of laminated/interlayer safety glass, which is expected to positively impact the market growth of polyvinyl butyral resins in both developed and developing regions.
It is estimated that the growth in automotive production is driving the market growth of the global Polyvinyl Butyral Resins Market. Increasing demand for solar energy and solar photovoltaic modules in developed and developing countries will drive demand for polyvinyl butyral resins for solar encapsulation.
GDP growth, increasing adoption of renewable energy and rising living standards are expected to indirectly impact the global Polyvinyl Butyral Resins Market.
The availability of alternative solutions such as glass products and EVA films is expected to hamper the market growth of the global polyvinyl butyral resin market. In recent years, leading manufacturers involved in the global Polyvinyl Butyral Resins market have expanded their production capacities to meet the increasing market demand.
Global Polyvinyl Butyral Resins Market: Segmentation
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Global Polyvinyl Butyral Resins Market: Regional Outlook
With the growth of automotive and construction industries in Asia-Pacific, increasing acceptance of photovoltaic modules in countries such as China, India and Japan is driving demand for polyvinyl butyral resins. Increasing production capacities in China and Asia-Pacific are also expected to be a significant market for polyvinyl butyral resins.
The increasing number of stringent government regulations and increased government initiatives for energy efficient buildings in regions such as Europe and North America has greatly increased the demand for laminated/interlayer safety glass made from polyvinyl butyral resins for building applications.
But the decline in automobile production in these regions is expected to slow market growth. It is estimated that increasing demand for polyvinyl butyral resins from the building and construction industry makes LAMEA a potential market.
Global Polyvinyl Butyral Resins Market: Major Players
Some of the Key Players identified in the Global Polyvinyl Butyral Resins Market are:
Kuraray Co., Ltd., Chang Chun Company Limited, Kingboard Chemical Holdings Ltd., Eastman Chemical Company, Sekisui Chemical Co., Ltd., DuLite PVB Film, Everlam, Huakai Plastic (Chongqing) Co. Ltd., Siva Chemical Industries, Tiantai Among others, Kanglai Industrial Co., Ltd., Qingdao Haocheng Co., Ltd. and Dulite Co., Limited.
The Polyvinyl Butyral Resins Market research report provides a comprehensive assessment of the Polyvinyl Butyral Resins Market containing intelligent insights, facts, historical data and statistically supported and industry-validated market data.
It also includes forecasts using appropriate assumptions and methods. Polyvinyl Butyral Resins Market research report offers analysis and information by Polyvinyl Butyral Resins market segments such as regions, application and industry.
The report includes a comprehensive analysis
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Market Segments for Polyvinyl Butyral Resins
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Market Dynamics of Polyvinyl Butyral Resins
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Market size for polyvinyl butyral resins
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Supply and Demand Scenario for Polyvinyl Butyral Resins
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Current trends/problems/challenges in the polyvinyl butyral resin market
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Competition and companies involved in the Polyvinyl Butyral Resins market
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Technology used in the polyvinyl butyral resin market
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Value Chain of Polyvinyl Butyral Resins Market
Report Highlights:
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Detailed overview of the parent market
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Changing the market dynamics of Polyvinyl Butyral Resins in the industry
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Detailed segmentation of the Polyvinyl Butyral Resins market
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Historical, current and forecast market size in terms of volume and value
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Current industry trends and developments
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Polyvinyl Butyral Resins Market Competitive Landscape
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Strategies of the major players and products offered in the Polyvinyl Butyral Resin market
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Potential and niche segments, geographic regions with promising growth
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A neutral perspective on Polyvinyl Butyral Resins market performance
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Must-have information for market participants to maintain and improve their market presence
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