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
This study provides a particularized anatomy according to the L.E.A.P mechanism
- Latest trends and cardinal growth prospects
- Existing and future insights in growth
- Ascensions in technology
- Pain points
The regional analysis offers market assays across:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
Pain Points
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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