Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Polyvinyl Butyral (PVB) Films Market Size is Expected to Grow from USD 3.63 Billion in 2023 to USD 6.71 Billion by 2033, at a CAGR of 6.34% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Polyvinyl Butyral (PVB) Films Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Standard PVB Film and Specialty PVB Film), By Application (Photovoltaic Glass, Automotive, Architectural, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
PVB (Polyvinyl Butyral) film is a translucent, thermoplastic resin film with excellent adhesion, optical clarity, and durability. It is commonly used in architectural applications such as flooring, street furniture, commercial windows, and windows. PVB film is produced by melting and extruding PVB resin through a PVB film extrusion line, which is then laminated between glass layers to create laminated safety glass. It is a versatile material with recyclable and reusable properties, making it a popular choice in various industries. The architectural industry is increasingly recognizing the benefits of laminated safety glass, which includes standard films for glass protection. These films, known for their durability and resistance to UV rays, are primarily used in automotive applications, including windscreens and windows, thereby enhancing the PVB film market. PVB film in laminated glass in automobiles and construction is crucially attributed to safety laws and demand for security solutions, offering thermal insulation, noise reduction, and natural disaster resistance. However, PVB film production costs are affected by petrochemical raw materials prices, affecting profit margins and strategic planning. The industry's dependence on petroleum-based feedstocks makes it vulnerable to geopolitical events and economic fluctuations. Effective cost-management measures and exploring alternative raw material sources are needed to mitigate price volatility
The standard PVB films segment is expected to dominate the global polyvinyl butyral (PVB) films market during the projected timeframe.
Based on product type, the global polyvinyl butyral (PVB) films market is categorized as standard PVB films and specialty PVB films. Among these, the standard PVB films segment is expected to dominate the global polyvinyl butyral (PVB) films market during the projected timeframe. The standard PVB film segment is the most prevalent in the worldwide market owing to its extensive use in numerous kinds of industries, such as the construction and automotive sectors. Standard PVB films are an affordable and reliable option for laminated glass applications as they provide essential qualities including adhesion, durability, and optical clarity. These coatings fulfill the required security standards for automobile windshields and architectural glass and are prevalent in the PVB films.
The automotive segment is expected to hold the largest share of the global polyvinyl butyral (PVB) films market during the projected timeframe.
Based on the application, the global polyvinyl butyral (PVB) films market is categorized as photovoltaic glass, automotive, architectural, and others. Among these, the automotive segment is expected to hold the largest share of the global polyvinyl butyral (PVB) films market during the projected timeframe. PVB films are utilized significantly in the automotive industry to comply with safety standards and meet regulatory requirements, which accounts for their dominance. As PVB films are used for manufacturing laminated glass, side windows and windshields are ensured to remain intact during collisions, reducing the risk of glass shatter injuries.
Asia Pacific is projected to dominate the global polyvinyl butyral (PVB) films market over the forecast period.
Asia Pacific is projected to dominate the global polyvinyl butyral (PVB) films market over the forecast period. The Asia-Pacific market for PVB film is dominated by China and India attributed to growth in automotive and construction sectors, urbanization, and safety glass demand. The region's manufacturing capabilities and competitive pricing make it attractive.
North America is expected to grow at the fastest CAGR growth of the global polyvinyl butyral (PVB) films market during the forecast period. This is attributed to technological advancements, renewable energy investments, and stringent automotive safety regulations, making it a crucial market for solar applications.
Competitive Analysis
Major vendors in the global polyvinyl butyral (PVB) films market are Eastman Chemical, Sekisui Chemicals, Kuraray, EVERLAM, ChangChun Group, Kingboard Chemical Holdings, Huakai Plastic, Zhejiang Decent Plastic, Rehone Plastic, Tanshan Jichang New Material, Wuhan Honghui New Material, Weifang Liyang New Material, and others.
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global polyvinyl butyral (PVB) films market based on the below-mentioned segments:
Global Polyvinyl Butyral (PVB) Films Market, By Product Type
Global Polyvinyl Butyral (PVB) Films Market, By Application
Global Polyvinyl Butyral (PVB) Films Market, By Regional
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