Press release
Polyvinyl Butyral Market Size To Witness High Growth In Near Future
Global Market Insights, Inc. has added a new report on Polyvinyl Butyral Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape Industry in tandem with its competitive terrain.Rapid growth in the global automotive industry mainly focused in the developing countries of Europe and Asia Pacific will primarily drive the polyvinyl butyral market till 2024. Broad applications in producing safety glass like soundproof glasses and automotive windshields will significantly drive the demand over the forecast period.
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According to a new research report by Global Market Insights, Inc. Polyvinyl Butyral Market size will exceed USD 3.9 billion by 2024.
Increasing recycling activities of polyvinyl butyral in some of the developing nations of APAC will show an adverse impact on the polyvinyl butyral market by restraining its growth over the projected years.
Lamination applications held significant market share in 2016, and will also grow over a healthy CAGR in the forecast period. Rising laminating glass demand across construction and automobiles applications will boost the demand for polyvinyl butyral significantly, primarily in developing nations of Europe, and Asia Pacific.
Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/polyvinyl-butyral-pvb-market
Building & construction dominated the global polyvinyl butyral market, backed by transportation and defense verticals. In this vertical, both acoustic protection glass, and laminating glass demand will increase, and will majorly attribute to the substantial market share in the forecast period.
Regionally, Asia Pacific will have the lion’s share of global polyvinyl butyral market by 2024. Growing product consumption in end-user verticals like defense, building & construction, and transportation in this region will primarily account for higher market share till 2024.
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Vital operating players in global polyvinyl butyral market are Kuraray, Sekisui, and Eastman among others. Some of the additional players include Kingboard, Huakai Plastic, and Chang Chun Petrochemicals.
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.a
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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