by The polyvinyl butyral market size is poised to grow by USD 8.06 billion by 2032 from USD 4.26 billion in 2022, exhibiting a CAGR of 6.58% during the forecast period 2023-2032.
Key Takeaways:
- Asia Pacific region generated more than 34% of revenue share in 2022.
- By Type, the automotive segment dominated the market with a 50% of revenue share in 2022.
- By Application, the films and sheets segment captured over 75% of revenue share in 2022.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Polyvinyl butyral market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Polyvinyl butyral Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Polyvinyl Butyral Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 4.54 Billion |
| Market Size by 2032 | USD 8.06 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 6.58% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Read More: Generative AI in Supply Chain Market Size To Gain USD 12,941.14 Mn by 2032
The empirical study on the global Polyvinyl butyral market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Polyvinyl butyral Market. Our market report for the Polyvinyl butyral market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Regional Snapshot:
The Asia Pacific region held a dominant position in the market, accounting for more than 34% of the revenue share in 2021. This strong market presence was primarily driven by the region’s industrial expansion, particularly in the machinery, equipment, and container sectors, which resulted in increased demand for PVB-based paints, coatings, and adhesives. Additionally, the growing popularity of fast-moving consumer goods in the area led to a rise in the consumption of PVB-based inks and packaging materials.
Furthermore, the demand for PVB in packaging applications is expected to rise due to the increasing use of laminated glass and adhesives by hospitals in both urban and rural areas in emerging economies.
The photovoltaic industry in the Asia Pacific has also played a significant role in driving the adoption of PVB films. PVB films are utilized as encapsulation materials for double-glazing elements with integrated solar cells, effectively extending the lifespan of solar panels. The growth of the photovoltaic industry can be attributed to the rise in solar energy generation projects, leading to a surge in demand for PVB resins. Manufacturers are responding to this demand by expanding their PVB resin facilities in developing economies, further boosting consumption in the photovoltaic sector.
Moving to the European market, the construction industry is expected to witness substantial growth, fueled by increased EU funding and supportive measures such as subsidies, tax breaks, and incentives implemented by governments in the region. The Construction 2020 Action Plan is also set to contribute to the expansion of the construction sector in various European countries, including the U.K., the Netherlands, Germany, Italy, and others. As a result, the demand for polyvinyl butyral is projected to rise in the upcoming years, driven by its applications in the construction industry.
Top Key Players:
- Anhui Wanwei Group Co., Ltd
- DuLite
- Everlam
- Chang Chun Petrochemicals Co. Ltd
- Zhejiang Pulijin Plastic Co., Ltd
- Tiantai Kanglai Industrial Co., Ltd
- Kingboard Chemical Holdings Limited
- Sekisui Chemical Co., Ltd
- DuPont
- Kuraray Co., Ltd
- Eastman Chemical Company
- Tridev Resin Pvt. Ltd.
- Huakai Plastic
- Qingdao Jinuo New Materials Co.
- Specialty Resins
- Kingboard
- Hubergroup
Data Sources and Methodology
To gather comprehensive insights on the Global Polyvinyl butyral Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Polyvinyl butyral Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Polyvinyl butyral market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Polyvinyl Butyral Market Segmentation:
By Type
- Electrical & Electronics
- Building & Electronics
- Automotive
- Others
By Application
- Printing Inks
- Adhesive & Sealants
- Paints & Coatings
- Films & Sheet
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Polyvinyl butyral market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Polyvinyl butyral market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Polyvinyl butyral market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Polyvinyl butyral market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Polyvinyl Butyral Market
5.1. COVID-19 Landscape: Polyvinyl Butyral Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Polyvinyl Butyral Market, By Type
8.1. Polyvinyl Butyral Market Revenue and Volume, by Type, 2023-2032
8.1.1. Electrical & Electronics
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Building & Electronics
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Automotive
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Polyvinyl Butyral Market, By Application
9.1. Polyvinyl Butyral Market Revenue and Volume, by Application, 2023-2032
9.1.1. Printing Inks
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Adhesive & Sealants
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Paints & Coatings
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Films & Sheet
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Polyvinyl Butyral Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.1.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.2.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.3.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.4.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.5.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
10.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 11. Company Profiles
11.1. Anhui Wanwei Group Co., Ltd
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. DuLite
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Everlam
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Chang Chun Petrochemicals Co. Ltd
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Zhejiang Pulijin Plastic Co., Ltd
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Tiantai Kanglai Industrial Co., Ltd
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Kingboard Chemical Holdings Limited
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Sekisui Chemical Co., Ltd
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. DuPont
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Kuraray Co., Ltd
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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