PVB Interlayers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
PVB Interlayers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Report Digest
Global PVB Interlayers Market: Overview
The global PVB interlayers market is likely to experience notable growth over the forecast period, thanks to the augmented production of vehicles and regulations for mandatory safety glass.
Polyvinyl butyral resin is used in the making of PVB interlayers. Polyvinyl butyral resin comes with properties like flexibility, strong bond, adhesion, toughness, optical clarity, and good adhesive quality. Laminated glass refers to the glasses with interlayers. Laminated glass finds use in various industries like photovoltaic, construction, and automobile industries.
The global PVB interlayers market is segmented on the basis of type, end-use and region. Photovoltaic industry generates most of the demand for PVB interlayers market.
Global PVB Interlayers Market: Notable Developments
The global PVB Interlayers market has undergone some of the following developments in the recent times. One such key development is mentioned below:
- In 2019, Turkey’s one of the lading flat glass manufacturer, Sisecam Flat Glass announced that the company has finally invented an extremely strong laminated glass. The newly invented glass is made from a combination of two or more panels of glass and will offer enhanced safety. Placing polyvinyl butyral (PVB) interlayer under pressure and heat has made this glass stiff. This invention is likely to find application in automotive and construction industry owing to its improved safety and stiffness features.
Some of the key market players of the global PVB interlayers market are
- Jiangsu Darui Hengte Technology
- Eastman Chemical Company
- Genau Manufacturing Company
- Willing Lamiglass Materials
- Tiantai Kanglai Industrial
- Chang Chun Group
- Kuraray
- Sekisui Chemical
Global PVB Interlayers Market: Growth Drivers
Increased Demand for Renewable Energy to Drive Growth of the Market
The global PVB interlayers market is expected to gain popularity from its increasing use in the photovoltaic industry. Growing demand for solar energy will accelerate the growth of photovoltaic industry. PVB interlayers when used as an encapsulant in photovoltaic modules offer more benefits than other plastic materials.
In an event of breaking of glass, the interlayers provide resistance to impact and offer more safety. PVB interlayers are used in many end-use industries like building & construction, automotive, and others, thanks to their properties like acoustic insulation, protection from projectiles, UV resistance and enhanced safety features, and others.
The global PVB interlayers market is likely find extensive use in the making of safety glass in the automotive industry. Components like backlights, windshields are made utilizing PVB interlayers market. PVB interlayers offer substantial safety features, which makes them ideal for use in the automotive industry. The global PVB interlayers market is likely to be driven by the rising demand for electronic vehicles as well, during the forecast period.
Furthermore, PVB interlayers also find application in the making of bulletproof glass, staircases, shower rooms, glass sliding doors, fences, glass partition, tabletops, glass facade, and many other things. Growing emphasis on the building of green and energy efficient buildings are also anticipated to further the demand for PVB interlayers.
On the other hand, PVB structured interlayers and ionoplast interlayers can replace PVB interlayers thereby posing a threat to the growth of the global PVB interlayers market.
Global PVB Interlayers Market: Regional Outlook
From the regional standpoint, the global PVB interlayers market is divided into the regions of Asia Pacific, the Middle East & Africa, South America, Europe, and North America. Asia Pacific is likely to dominate the global market of PVB interlayers, thanks to the augmented solar photovoltaic installation, production of electric vehicle, and expanding construction and building projects in the region.
The global PVB interlayers market is segmented as:
Type
- Standard Polyvinyl Butyral
- Structural Polyvinyl Butyral
End-Use
- Automotive
- Building & Construction
- Photovoltaic
The study presents reliable qualitative and quantitative insights into:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand chain of the market
- Market valuation (revenue and/or volume)
- Key trends/opportunities/challenges
- Forces defining present and estimated future state of the competitive landscape
- Technological developments
- Value chain and stakeholder analysis
The regional analysis covers:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
- A detailed analysis of key segments of the market
- Recent developments in the market’s competitive landscape
- Detailed analysis of market segments up to second or third level of segmentation
- Historical, current, and projected future valuation of the market in terms of revenue and/or volume
- Key business strategies adopted by influential market vendors
- Outline of the regulatory framework surrounding and governing numerous aspects of the market
- Growth opportunities in emerging and established markets
- Recommendations to market players to stay ahead of the competition
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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