Polyvinyl Butyral Resins Market will grow at a CAGR of 5.4%, globally during 2016 and 2021
Global polyvinyl butyral market was valued at USD 3.0 billion in 2015 and is expected to reach USD 3.9 billion by 2021, growing at a CAGR of 5.4% between 2016-2021
Global polyvinyl butyral market was valued at USD 3.0 billion in 2015 and is expected to reach USD 3.9 billion by 2021, growing at a CAGR of 5.4% between 2016-2021
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Polyvinyl</strong> <strong>Butyral</strong> (PVB) <strong>Market</strong><br />
The polyvinyl butyral is widely used in various applic<strong>at</strong>ions such as films & sheets, paints & co<strong>at</strong>ings,<br />
adhesives <strong>and</strong> others. Films & sheets segment was largest segment in terms <strong>of</strong> revenue owing to<br />
increasing use <strong>of</strong> PVB sheets in automotive applic<strong>at</strong>ions across the globe. PVB is widely used in paints<br />
<strong>and</strong> co<strong>at</strong>ing applic<strong>at</strong>ions owing to its strong adhesiveness to metals, <strong>and</strong> good bond ability to surface<br />
co<strong>at</strong>ings. Thus, paints & co<strong>at</strong>ings are expected to show significant <strong>grow</strong>th in the years to come.<br />
Based on end-user, the polyvinyl butyral market can be segmented into automotive, construction <strong>and</strong><br />
photovoltaic. Automotive was the leading segment in the market <strong>and</strong> is expected to show strong <strong>grow</strong>th<br />
in the near future. This is mainly due to increasing usage <strong>of</strong> PVB in lamin<strong>at</strong>ed safety glass for automobile<br />
windshields. Construction is another leading segment in the polyvinyl butyral market. PVB has gained<br />
acceptance among manufacturers <strong>of</strong> photovoltaic thin film solar modules. Thus, photovoltaic segment is<br />
an important segment <strong>of</strong> polyvinyl butyral market <strong>and</strong> is expected to show substantial <strong>grow</strong>th within the<br />
forecast period.<br />
http://www.marketresearchstore.com/report/polyvinyl-butyral-<br />
Request for sample report @<br />
market-z68174#RequestSample<br />
Asia Pacific was the largest regional market led by China in 2015. Moreover product innov<strong>at</strong>ions, industry<br />
consolid<strong>at</strong>ions coupled with <strong>grow</strong>ing the industrializ<strong>at</strong>ion <strong>and</strong> manufacturing units in developing countries<br />
is expected to drive the dem<strong>and</strong> for PVB resins in the years to come. North America was another leading<br />
segment in the PVB market <strong>and</strong> is expected to exhibit significant <strong>grow</strong>th in the year to come. The<br />
polyvinyl butyral market in Europe is anticip<strong>at</strong>ed to witness substantial <strong>grow</strong>th over the years on account<br />
<strong>of</strong> recovery from the economic slowdown.<br />
The polyvinyl butyral market is highly consolid<strong>at</strong>ed in n<strong>at</strong>ure domin<strong>at</strong>ed by major players such as DuPont,<br />
Kuraray, Eastman Chemical Company <strong>and</strong> Sekisui Chemical. Other key participants in PVB market<br />
sales@marketresearchstore.com
Change language