Polyvinyl Butyral (PVB) Market Size, Share & Trends Analysis Report By Application (Films & Sheets, Paints & Coatings, Adhesives), By Region, Competitive Landscape, And Segment Forecasts, 2018 - 2024

Published: Jul, 2018 | Pages: 150 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global polyvinyl butyral (PVB) market size is likely to reach USD 3.43 million by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.4% during the forecast period. Flourishing automotive industry in countries such as China, Japan, U.S., Germany, and Brazil is one of the key factors driving the market.

Polyvinyl butyral (PVB) is a resin that is primarily used in automotive and architectural applications, owing to its various properties including optical clarity, strong binding, excellent adhesion, flexibility, and toughness. Upswing in product demand in end-use industries is stoking the growth of the market.

PVB is substantially utilized in the ceramics industry owing to various properties including wear-resistance, thermal insulation, hardness, brittleness, chemical stability, and oxidation resistance. The demand for PVB in the ceramics industry is projected to exhibit a substantial growth over the coming years owing to its rising consumption in electrical and electronics.

High availability of PVB in various sizes and shapes is poised to augment its demand in the near future. However, price fluctuations of raw materials including polyvinyl alcohol and butyraldehyde are estimated to have a negative impact on the growth of the market. For example, In April 2015, Sekisui Specialty Chemicals, one of the major polyvinyl alcohol manufacturers, announced price hike of polyvinyl alcohol by USD 100 per metric ton.

Some of the prominent industries utilizing PVB adhesives are construction, transportation, consumer products, labelling, assembly, and packaging. Key properties of PVB adhesives include low water content, high boiling point, and hydrophobicity. Some of the leading market players are 3M Company, Bostik China Co., Ltd., Henkel AG & Company, and HB Fuller CO. Spiraling demand for adhesives in the automotive and building & construction industries in developing countries such as India, China, and Thailand is anticipated to fuel growth prospects.

Further key findings from the report suggest:

• Sheets & films application is expected to reach 435.95 kilo tons by 2024, at a CAGR of 4.5% from 2016 to 2024

• In terms of revenue, the paints & coatings segment is likely to register a 4.3% CAGR over the upcoming years

• Adhesives are projected to witness significant growth in the global polyvinyl butyral market over the coming years. In 2015, the segment accounted for approximately 4.5% of the overall market

• The U.S. PVB market is poised to exceed 96 kilo tons by 2024

• North America is estimated to experience a CAGR of 4.2% over the forecast period, owing to favorable demographic trends in North America.

• Asian countries, especially China, Vietnam, India, and Indonesia, are anticipated to observe remarkable growth in next few years

• The market is fragmented in nature, wherein major market participants are headquartered in Taiwan, U.S., China, and Japan

• Some of the key companies present in the market are Eastman Chemical Co., Chang Chun, Sekisui Chemicals, Huakai Plastic, Kuraray, Kingboard Specialty Resins, Qingdao Haocheng, Everlam, Zhejiang Pulijin Plastic, and Jiangxi Rongxin Materials

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

Chapter 2. Executive Summary
2.1. Market Snapshot

Chapter 3. Polyvinyl Butyral (PVB) Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Technological overview
3.4.1. Manufacturing
3.4.2. Recycling
3.5. Raw material outlook
3.5.1. Polyvinyl alcohol
3.5.2. Butyraldehyde
3.6. Regulatory framework
3.7. List of suppliers
3.8. Market dynamics
3.8.1. Market driver analysis
3.8.1.1. Growth of the construction sector in Asia Pacific
3.8.1.2. Growing automobile industry
3.8.1.3. Rising demand for photovoltaics
3.8.2. Market restraints analysis
3.8.2.1. Volatility in raw material prices
3.8.2.2. High recycling of PVB
3.9. Porter's analysis
3.10. PESTLE analysis

Chapter 4. Polyvinyl Butyral (PVB) Market: Application Estimates & Trend Analysis
4.1. Application Movement Analysis & Market Share, 2015 & 2024
4.2. Films & sheets
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.3. Automotive
4.2.3.1. Market estimates and forecasts, 2013 - 2024
4.2.3.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.4. Construction
4.2.4.1. Market estimates and forecasts, 2013 - 2024
4.2.4.2. Market estimates and forecasts, by region, 2013 - 2024
4.2.5. Photovoltaic
4.2.5.1. Market estimates and forecasts, 2013 - 2024
4.2.5.2. Market estimates and forecasts, by region, 2013 - 2024
4.3. Paints & coatings
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts, by region, 2013 - 2024
4.4. Adhesives
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts, by region, 2013 - 2024

Chapter 5. Polyvinyl Butyral (PVB) Market: Regional Estimates & Trend Analysis, by Application
5.1. Regional Movement Analysis & Market Share, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by application, 2013 - 2024
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2013 - 2024
5.2.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3. Europe
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2013 - 2024
5.3.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.4. UK
5.3.4.1. Market estimates and forecast, 2013 - 2024
5.3.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.3. China
5.4.3.1. Market estimates and forecast, 2013 - 2024
5.4.3.2. Market estimates and forecast, by application, 2013 - 2024
5.4.4. Japan
5.4.4.1. Market estimates and forecast, 2013 - 2024
5.4.4.2. Market estimates and forecast, by application, 2013 - 2024
5.5. Latin America
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by application, 2013 - 2024
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2013 - 2024
5.5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.6. Middle East & Africa (MEA)
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by application, 2013 - 2024

Chapter 6. Competitive Landscape
6.1. Company market share analysis, 2015
6.2. Vendor landscape
6.3. Competitive environment
6.4. Company market positioning
6.5. Strategy framework

Chapter 7. Company Profiles
7.1. Eastman Chemical Company
7.1.1. Company overview
7.1.2. Financial performance
7.1.3. Product benchmarking
7.1.4. Strategic Initiatives
7.2. DuPont
7.2.1. Company overview
7.2.2. Financial performance
7.2.3. Product benchmarking
7.2.4. Strategic Initiatives
7.3. Chang Chun Petrochemical Co., Limited
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.4. Sekisui Chemicals Co., Limited
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Kuraray Co., Limited
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Huakai Plastic Co. Limited
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.7. Kingboard (Fo Gang) Specialty Resins Limited
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.8. Everlam
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. TiantaiKanglai Industrial Co., Limited
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.10. DuliteCo. Limited
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. Guangzhou Aojisi New Materials Co., Limited
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.12. Qingdao Haocheng Industrial Company Limited
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. Product Benchmarking
7.13. Jiangxi Rongxin New Materials Co., Limited
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. Product Benchmarking
7.14. HuzhouXinfu New Materials Co., Limited
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. Product Benchmarking
7.15. Zhejiang Pulijin Plastic Co., Limited
7.15.1. Company Overview
7.15.2. Financial Performance
7.15.3. Product Benchmarking

List of Tables

1. Polyvinyl butyral- Key market driver analysis
2. Polyvinyl butyral- Key market restrain analysis
3. Global polyvinyl butyral films & sheets demand, 2013 - 2024 (Kilo Tons) (USD Million)
4. Global polyvinyl butyral films & sheets demand, by region, 2013 - 2024 (Kilo Tons)
5. Global polyvinyl butyral films & sheets demand, by region, 2013 - 2024 (USD Million)
6. Global polyvinyl butyral films & sheets demand in automotive, 2013 - 2024 (Kilo Tons) (USD Million)
7. Global polyvinyl butyral films & sheets demand in automotive, by region, 2013 - 2024 (Kilo Tons)
8. Global polyvinyl butyral films & sheets demand in automotive, by region, 2013 - 2024 (USD Million)
9. Global polyvinyl butyral films & sheets demand in construction, 2013 - 2024 (Kilo Tons) (USD Million)
10. Global polyvinyl butyral films & sheets demand in construction, by region, 2013 - 2024 (Kilo Tons)
11. Global polyvinyl butyral films & sheets demand in construction, by region, 2013 - 2024 (USD Million)
12. Global polyvinyl butyral films & sheets demand in photovoltaic, 2013 - 2024 (Kilo Tons) (USD Million)
13. Global polyvinyl butyral films & sheets demand in photovoltaic, by region, 2013 - 2024 (Kilo Tons)
14. Global polyvinyl butyral films & sheets demand in photovoltaic, by region, 2013 - 2024 (USD Million)
15. Global polyvinyl butyral paints & coatings demand, 2013 - 2024 (Kilo Tons) (USD Million)
16. Global polyvinyl butyral paints & coatings demand, by region, 2013 - 2024 (Kilo Tons)
17. Global polyvinyl butyral paints & coatings demand, by region, 2013 - 2024 (USD Million)
18. Global polyvinyl butyral adhesives demand, 2013 - 2024 (Kilo Tons) (USD Million)
19. Global polyvinyl butyral adhesives demand, by region, 2013 - 2024 (Kilo Tons)
20. Global polyvinyl butyral adhesives demand, by region, 2013 - 2024 (USD Million)
21. Global polyvinyl butyral demand by other application, 2013 - 2024 (Kilo Tons) (USD Million)
22. Global polyvinyl butyral demand by other application, by region, 2013 - 2024 (Kilo Tons)
23. Global polyvinyl butyral demand by other application by region, 2013 - 2024 (USD Million)
24. North America polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
25. North America polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
26. North America polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
27. North America polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
28. North America polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
29. U.S. polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
30. U.S. polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
31. U.S. polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
32. U.S. polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
33. U.S. polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
34. Europe polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
35. Europe polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
36. Europe polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
37. Europe polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
38. Europe polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
39. Germany polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
40. Germany polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
41. Germany polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
42. Germany polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
43. Germany polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
44. UKpolyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
45. UK polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
46. UK polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
47. UK polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
48. UK polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
49. Asia Pacific polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
50. Asia Pacific polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
51. Asia Pacific polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
52. Asia Pacific polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
53. Asia Pacific polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
54. China polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
55. China polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
56. China polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
57. China polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
58. China polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
59. Japan polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
60. Japan polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
61. Japan polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
62. Japan polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
63. Japan polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
64. Latin America polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
65. Latin America polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
66. Latin America polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
67. Latin America polyvinyl butyral demand, byend-use, 2013 - 2024 (Kilo Tons)
68. Latin America polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
69. Brazil polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
70. Brazil polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
71. Brazil polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
72. Brazil polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
73. Brazil polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)
74. MEA polyvinyl butyral market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
75. MEA polyvinyl butyral demand, by application, 2013 - 2024 (Kilo Tons)
76. MEA polyvinyl butyral market revenue, by application, 2013 - 2024 (USD Million)
77. MEA polyvinyl butyral demand, by end-use, 2013 - 2024 (Kilo Tons)
78. MEA polyvinyl butyral market revenue, by end-use, 2013 - 2024 (USD Million)

List of Figures

1. Polyvinyl butyral market segmentation
2. Polyvinyl butyral market, 2013 - 2024 (Kilo Tons) (USD Million)
3. Polyvinyl butyral value chain analysis
4. Polyvinyl butyral market dynamics
5. Polyvinyl butyral market key opportunities prioritized
6. Polyvinyl butyral market Porter's analysis 
7. Polyvinyl butyral company market share, 2015
8. Polyvinyl butyral market PESTEL analysis
9. Polyvinyl butyral market application movement analysis, 2015 & 2024
10. Polyvinyl butyral market end-use movement analysis, 2015 & 2024
11. Regional market place key takeaways, 2015 & 2024
12. Regional outlook, 2015 & 2024