Polyvinyl Butyral (PVB) Films Market
is projected to grow considerably in the coming years due to increasing
industrialization and urbanization. Polyvinyl butyral (PVB) is a colorless,
amorphous thermoplastic acquired by reaction of butyraldehyde and polyvinyl
alcohol. Polyvinyl butyral (PVB) films are used in laminated safety glass to
shield automotive. These are also used in security glass and photovoltaic
industry to enhance durability of solar modules.
The factors influencing the growth of polyvinyl butyral
(PVB) films market comprise increase in demand from industries like building
and construction and automotive due to product features like chemical
stability, flexibility, toughness, and strong binding among others. Moreover,
the market is also expected to be driven by the growing applications in
electrical and electronics industry in the forecast period and availability of
PVB in different shapes and sizes. Conversely, fluctuating prices of raw
materials like butyraldehyde and polyvinyl alcohol and government regulations
for reducing the use of harmful organic chemicals are expected to hamper the
growth of the market.
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High demand for energy on the global scale is the trend in the market. Increasing need for introducing efficient products to withstand the changing climatic conditions is an opportunity for the market players. Polyvinyl butyral (PVB) films market is categorized on the basis of type, application, and geography. On the basis of type, market is divided into high performance film, standard film and others.
Based on application, market is bifurcated into
architectural, automotive, photovoltaic glass, and others. Photovoltaic glass
segment is expected to lead the market due to rising use of polyvinyl butyral
(PVB) films in photovoltaic modules.
Geographically, market is segmented as North America, Latin
America, Europe, Asia Pacific, and Middle East & Africa. North America is
also expected to hold larger share of the market owing to humongous growth of automobile
industry. Asia Pacific and Latin America are also expected to dominate the
polyvinyl butyral (PVB) films industry due to rise in demand from building and
construction sector.
The prominent players in polyvinyl butyral (PVB) films
market comprise EVERLAM, DuPont, ChangChun Group, Kingboard Chemical Holdings,
Eastman Chemical, Kuraray, Huakai Plastic, Tangshan Jichang New Material,
Zhejiang Decent Plastic, Sekisui, and Rehone Plastic.
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Market Segment:
Leading players of
Polyvinyl Butyral (PVB) Films including:
• Eastman Chemical
• KURARAY
• SEKISUI CHEMICAL
• Kingboard Chemical Holdings
• Huakai Plastic
• Zhejiang Decent Plastic
• Tiantai Kanglai Industrial
• Zhejiang Pulijin Plastic
Market split by Type,
can be divided into:
• Films
• Sheets
Market split by
Application, can be divided into:
• Building & Construction
• Ground Transportation
• Solar Energy
• Others (Including Infrastructure, Etc.)
Market split by Sales
Channel, can be divided into:
• Direct Channel
• Distribution Channel
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