Polyvinyl Butyral Market Size: Demand, Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2024
Category: #health  By Partha Ray  Date: 2019-08-13
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Polyvinyl Butyral Market Size: Demand, Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2024

Over the recent years, Polyvinyl Butyral Market size has been amplifying at an exceptional pace owing to PVB’s extensive deployment by a host of prominent and high-growth industries including automotive and transportation, building and construction, and defense to name a few. Owing to PVB’s commendable properties, which include high strength, improved impact resistance ability, and toughness, the polymer has been increasingly cementing its reputation as a rather crucial component across a range of business verticals.
 
Apparently, it is quite self-evident from the aforementioned declarations that the global Polyvinyl Butyral Market, which held a rather striking remuneration portfolio in excess of USD 2.3 billion in 2016, is set to garner impressive popularity over the estimated time frame.

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While elaborating further upon the current polyvinyl butyral market trends, it is quite imperative to take note of the swift expansion of PVB’s application base, which has, in turn, vigorously embellished the growth potential of this business space. Amongst a range of applications of polyvinyl butyral, which includes binders, coatings, acoustic protection, and architectural glazing, the most lucrative application to have emerged over the past few years has been the lamination segment.

Concurrently, it would be prudent to take note of the fact that the foremost industry participants appear to be optimistic regarding the prospective growth of the global polyvinyl butyral market. Apparently, the rising optimism has resulted in innovative product launches by the leading market players, a trend which has favorably influenced the overall polyvinyl butyral industry share. 

Citing an instance, the European arm of Japan-based specialty chemicals manufacturer Kuraray Co. Limited, Kuraray Europe GmbH (KEG) has recently released a unique plasticizer-free PVB film based on its trademark brand name Mowital®. Reportedly, the latest PVB film has been named as Trosifol® Thin Film, which can be utilized to laminate different materials and can also be used as a thermoplastic interlayer courtesy – its excellent bonding prowess and outstanding optical transparency.

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Furthermore, according to the renowned polyvinyl butyral market player, the new PVB film is said to possess a slew of novel characteristics such as being non-toxic, transparent, equipped with almost unlimited shelf-life, and has multi-layer structures made of various substrates. Needless to say, such proactive and dynamic product innovations would compel other leading industry players to follow suit and release enhanced versions of their products, which would consequentially boost the fortunes of the polyvinyl butyral industry share in the forthcoming years.

The burgeoning demand for laminated safety glass in automobile sector has augmented the growth potential of polyvinyl butyral market share. In this regard, the prominent polyvinyl butyral market giants have been working relentlessly to enhance their existing product portfolio to offer improved laminated safety glasses. To cite an instance, one of the leading polyvinyl butyral industry behemoth, the Eastman Chemical Company has recently introduced Saflex® VIEW ST, an advanced multi-angle wedge interlayer which assists in correcting the head-up displays (HUD) image distortion in complex windscreens and refines the display capability of automotive glass.

Partial Chapter of the Table of Content:

Chapter 2. Executive Summary
2.1. Polyvinyl butyral industry 360° synopsis, 2013 – 2024
2.1.1.   Business trends
2.1.2.   End-user by application trends
2.1.3.   Application trends
2.1.4.   Regional trends
Chapter 3. Polyvinyl Butyral (PVB) Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1.   Vendor matrix
3.3.2.   Distributor channel analysis
3.3.3.   Profit margin
3.3.4.   Value addition at each stage
3.4. Industry impact forces
3.4.1.   Growth drivers
3.4.1.1.   Booming automotive industry in the BRICS countries
3.4.1.2.   Rapidly growing demand for PVB in construction industry in Asia Pacific
3.4.2.   Industry pitfalls & challenges
3.4.2.1.   High recycling activities of PVB in the developing nations of Asia Pacific
3.4.2.2.   Availability of product substitutes in the market
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1.   U.S.
3.6.2.   Europe
3.6.3.   China
3.7. Porter’s analysis
3.7.1.   Buyer’s power
3.7.2.   Supplier’s power
3.7.3.   Threat of substitutes
3.7.4.   Threat of new entrants
3.7.5.   Degree of competition
3.8. Competitive landscape
3.8.1.   Company market share analysis, 2016
3.8.2.   Strategy dashboard
3.8.3.   List of manufacturing plants
3.9. PESTEL analysis
3.10.       Cost structure analysis
3.10.1. Research & development costs
3.10.2. Manufacturing & equipment costs
3.10.3. Raw material costs
3.10.4. Distribution costs
3.10.5. Operating costs
3.10.6. Miscellaneous costs
3.11.    Regional pricing analysis

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Improved adhesiveness, recyclability and eco-friendly properties of PVB are likely to open up new growth avenues for the polyvinyl butyral industry biggies, which would eventually contribute toward the rapid growth of this business space over the years ahead. According to estimates, polyvinyl butyral market size is forecast to surpass a total valuation of USD 3.9 billion by 2024.

Browse Related Report:

Polymer Coated Fabrics Market Size Forecasts | Global Statistics Over 2019-2025

https://www.gminsights.com/industry-analysis/spray-polyurethane-foam-spf-market

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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