The demand for PVB is increasing because of its increased usage in the manufacturing of films & sheets application, which is further used in the automotive and construction industries for laminated glass manufacturing. With the growing automotive industry, the increased demand for excellent optical clarity, strong binding power, and outstanding adhesive and film forming properties drive the market for PVB films & sheets.
Complete report on Polyvinyl Butyral (PVB) Market spread across 146 pages, profiling 16 companies and supported with 91 tables and 44 figures is now available at http://www.rnrmarketresearch.com/polyvinyl-butyral-pvb-market-by-application-films-sheets-paints-coatings-and-adhesives-pvb-films-sheets-market-by-end-user-industry-automotive-construction-and-photovoltaic-and-by-regio-market-report.html
PVB is used in various end-use industries such as automotive, construction, and photovoltaic. The photovoltaic end-use industry is estimated to register the highest CAGR between 2016 and 2021, in terms of value and volume. Growing usage of PVB films & sheets in solar panel manufacturing drives the market for photovoltaic industry. Increasing demand for PVB films & sheets in safety and laminated glass manufacturing for the automotive industry is also a major driver for the PVB market.
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In 2015, Asia-Pacific accounted for the largest market share, in terms of value and volume. It is estimated to retain its market leadership during the forecast period. High industrial growth resulted in an increased demand for PVB in different applications such as paints & coatings, films & sheets, adhesives, and others. This growth is further supported by the growing construction industry in Asia-Pacific owing to the increased governmental investments in the infrastructure sector. China accounted for the largest market share in this region owing to the increased demand for infrastructure development in the past 2–3 years. Other emerging economies, such as India and Brazil, are the markets that are projected to grow rapidly in the coming years.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (33%); Tier 2 (60%) and other (7%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (56%), Directors Level (33%) and other (11%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (13%), Europe (47%), Asia-Pacific (20%), the Middle East & Africa (13%) and South America (7%).
The key companies profiled in this market research report are Eastman Chemical Company (U.S.), Kuraray Co., Ltd. (Japan), Sekisui Chemical Co., Ltd. (Japan), Huakai Plastic (Chongqing) Co. Ltd. (China), Chang Chun Petrochemicals Co. Ltd. (China), Kingboard Chemical Holdings Ltd. (China), Everlam (Belgium), DuLite PVB Film (Taiwan), Tiantai Kanglai Industrial Co., Ltd. (China), and other local players.
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Polymer Foam Market by Type (PU, PS, PVC, Phenolic, Polyolefin, Melamine, and Other), by Application (Packaging, Building & Construction, Furniture & Bedding, Automotive, and Others), by Region (North America, Europe, Asia-Pacific, and Row) — Global Forecasts to 2021. Now available at http://www.rnrmarketresearch.com/polymer-foam-market-by-types-polyurethane-polystyrene-polyvinyl-chloride-polyolefin-phenolic-melamine-and-others-applications-packaging-building-construction-furniture-bedding-automoti-market-report.html
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