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 a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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