Polyvinyl butyral (PVB) is a transparent and amorphous thermoplastic produced by condensation of polyvinyl alcohol and butyraldehyde. This is ubiquitous for its excellent flexibility, film-forming and good adhesion properties along with an outstanding UV resistance. The primary application of PVB films is safety glass. PVB films are also used in the construction industry as laminated safety and security glass, as well as in the photovoltaic industry to improve the long-term durability of solar modules. PVB is suitable for flexible packaging applications.
The global polyvinyl butyral films market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global polyvinyl butyral films market is growing at a fast pace and increasing its geographical footprint rapidly. The global polyvinyl butyral films market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The increasing demand for the PVB films in the construction and automotive due to its chemical stability, flexibility, good adhesion properties is the major driving factor for the polyvinyl butyral (PVB) films. Additionally, the market is also expected to be driven by the growing applications in electrical and electronics industry. Since it is made up of plastic resin, it has a recyclable processing characteristic which is likely to aid the market demand.
The variation in the cost of raw materials like butyraldehyde and polyvinyl alcohol is likely to hinder the market growth. Moreover, various government restrictions for the reduction of the use of harmful organic chemicals are also likely to hamper the growth of the market.
The polyvinyl butyral films market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. The leading players in global polyvinyl butyral films market are EVERLAM, DuPont, ChangChun Group, Kingboard Chemical Holdings, Eastman Chemical, Kuraray, Huakai Plastic, and so on.
Research Methodology
The research process includes the market segmentation of the global polyvinyl butyral films market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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