Polyvinyl Butyral (PVB) Market Industry Trends Share & Size

Polyvinyl Butyral (PVB) Market worth US$ 5.1 Billion by 2027- Exclusive Report by MarketsandMarkets™ The report "PVB Market, by Applications (Films & Sheets, Paints & Coatings, Adhesives), End-use (Automotive, Construction, Electrical & Electronics), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) – Global Forecast to 2027". The global PVB 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.

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 PVB. PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234670896 Browse and in-depth TOC on "Polyvinyl Butyral (PVB) Market” 208 - Tables 41 - Figures 173 - Pages View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/polyvinyl-butyralpvb-market-234670896.html In terms of value, the paints & coatings segment is estimated to be the second-largest market in the global PVB market, by application, during the forecast period.

PVB paints & coatings are utilized in gloss surface protective paints for tennis rackets and varnish for cabinets.

PVBs are used as binders in inks, paints, metal powder, and primers owing to its strong adhesion and used in making anti-corrosion primers, stove enamel, and glazes.

Electrical & electronics and is estimated to be the third-largest end-use industry by value in 2022 PVB in the electronics & electrical industry have applications in renewable energy generation such as solar packaging. PVB is mainly used in thin-film solar cells as back sheet material of solar modules and protection from environmental conditions such as moisture and UV exposure.

Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=234670896 North America accounted for the third-largest region, by value, during the forecast period 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 PVB films & sheets in the region.

Major players operating in the 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).

Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=234670896 Browse Adjacent Markets: Resins and Polymers Market Research Reports & Consulting Reports &Consulting Related Reports: Ink Resin Market by Resin Type (Modified Rosins, Hydrocarbon, Modified Cellulose), by Technology (Oil, Solvent, Water, UV-curable), by Application (Printing & Publication, Flexible Packaging, Corrugated Cardboards & Cartons) Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/ink-resins-market-148158216.html Composite Resin Market by Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Layup, Filament Winding, Injection Molding, Pultrusion, Compression Molding, Resin Transfer Molding), Application and Region Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/composites-resin-market-66717271.html Chromatography Resin Market by Type, Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Mixed Mode), Application (Pharmaceutical & Biotechnology, Food & Beverage) and Region - Global Forecasts to 2027 https://www.marketsandmarkets.com/Market-Reports/chromatography-resins-market-933.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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