A recent report published by Infinium Global Research on polyvinyl butyral market provides an in-depth analysis of segments and sub-segments in the global as well as regional polyvinyl butyral market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional polyvinyl butyral market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global polyvinyl butyral market. According to the report, the global polyvinyl butyral market is projected to grow at a CAGR of 5.0% over the forecast period of 2019-2025.
Polyvinyl butyral is an acetal that formed from the reaction of an aldehyde and alcohol. Polyvinyl butyral is a resin, which is stronger in binding, sharper in optical clarity and ability to provide flexibility and toughness. It is used as a constituent part of a composite. The polyvinyl butyral has numerous applications such as primers binders, laminated safety glass, paint and adhesive. The polyvinyl butyral has hydrophobic vinyl butyral groups and hydrophilic vinyl alcohol groups. These groups act as a promoter of binders and polymer adhesive for organic moieties. The composite material of polyvinyl butyral is synthesized via chemical as well as physical protocols. It is used as a constituent part in the formation of the composite. The polyvinyl butyral is used as an interlayer material in laminated automotive safety glass that prevents a sudden breakage of glass. It is a suitable polymeric material in the formation of solid electrolyte which is a component of electrochromic cell.
The polyvinyl butyral resin is used as a raw material for laminated safety glass sheet in architectural and automotive applications. Growing demand for energy savings, reduced noise and laminated safety glass driving the demand for polyvinyl butyral market. However, the high cost associated with it is hindering the growth of the market for the short term. Moreover, the rapidly growing construction and automotive industry provide opportunities for the growth of polyvinyl butyral market.
Geographically, the polyvinyl butyral market is segmented into North America, Europe, the Asia Pacific and the RoW. The Asia-Pacific is the largest player of the polyvinyl butyral market, owing to the presence of major manufacturers of PVB and the growing automotive and construction industries.
The report on global polyvinyl butyral market covers segments such as application and end-use industry. On the basis of application, the sub-markets include paints & coatings, film & sheets, and adhesives. On the basis of end-use industry, the sub-markets include automotive, construction, and photovoltaic.
The report provides profiles of the companies in the market such as Kuraray Co., Ltd, Chang Chun Petrochemicals Co., Ltd, DuLite PVB Film, Sekisui Chemical Co. Ltd, Eastman Chemical Company, Kingboard Chemical Holdings Ltd, Tiantai Kanglai Industrial Co., Ltd, Everlam, and Huakai Plastic co., ltd.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of polyvinyl butyral market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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