Polyvinyl Butyral (PVB) Films Market Analysis, Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2028
19 Aug 2019 - Global 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.
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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