Press release
Polyvinyl Butyral Market (PVB Market) worth $5.1 Billion by 2027 - POLYVINYL BUTYRAL (PVB) MARKET STATUS AND TREND ANALYSIS 2017-2026
Polyvinyl Butyral Market size is projected to grow from USD 3.7 Billion in 2022 to USD 5.1 Billion by 2027, at a CAGR of 6.5% between 2022 and 2027, according to a new report by MRA. PVB is a transparent, tough, and flexible thermoplastic used to develop fracture-resistant and high clarity films & sheets, paint & coating, and adhesives. Development in electronics & electricals industry has increased the consumption of PVB as a sealing material for solar modules. PVB is widely used in paint & coatings applications such as wood paints, leather paints, stoving paints, and priming paint for metallic materials, such as steel, aluminum, galvanized iron, and copper. Electrophotographic coating and thermos photographic coating also utilize PVB in coating applications. Substitute material such as SGP ionoplast interlayer hinders the growth of the market. However, SGP cannot be combined with PVB based interlayers and comparatively less cost effective than Polyvinyl Butyral.Free sample report - click below
https://www.mraccuracyreports.com/request/download/3/200683/Polyvinyl-Butyral-PVB-Market-Status-and-Trend-Analysis-2017-2026-COVID-19-Version
North America accounted for the third-largest region, by value, during the forecast period
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https://www.mraccuracyreports.com/marketreports/3/200683/Polyvinyl-Butyral-PVB-Market-Status-and-Trend-Analysis-2017-2026-COVID-19-Version
Polyvinyl Butyral Market (PVB Market) growth in the region is anticipated to be driven by a strong rebound in the construction activity of the US. The growth in US construction industry is expected to boost the demand for PVB paints & coatings applications during the forecast period. Additionally, rising investment in the electronics & electrical industry and automotive industry in Canada will support the growth of Polyvinyl Butyral films & sheets in the region.
Major players operating in the Polyvinyl Butyral Market (PVB Market) includes Kuraray Co. Ltd.(Japan), Eastman Chemical Company (US), Sekisui Chemical Co. Ltd.(Japan), Hubergroup (Germany), Chan Chun Group (Taiwan), Anhui WanWei Bisheng New Material Co., Ltd.(China), Kingboard (fo gang) Specialty Resins (China), Qingdao Jinuo New Materials Co., (China), Huakai Plastic (China), Tridev Resin Pvt. Ltd.(India).
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Based on the type of product, the global Polyvinyl Butyral (PVB) market segmented into
Alkaline Alcoholysis
Acidic Alcoholysis
Based on the end-use, the global Polyvinyl Butyral (PVB) market classified into
Construction Industry
Solar Sector
Automotive Industry
Others
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