The Infinium Global Research analyzes the Polyvinyl Butyral Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global polyvinyl butyral market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of polyvinyl butyral. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the polyvinyl butyral market during the period.
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Polyvinyl butyral is a cheaper and tough polymeric material used to satisfy a wide range of industrial applications such as Ceramic binders, dye transfer ribbon inks, inks, paints and coatings, binders for magnetic media and binders for reflective sheet. It has adhesive properties with many materials such as metal, glass, plastics, and wood. The key players in the polyvinyl butyral market are Kuraray Co., Ltd, Chang Chun Petrochemicals Co., Ltd, DuLite PVB Film, Sekisui Chemical Co. Ltd, Eastman Chemical Company, Kingboard Chemical Holdings Ltd., Tiantai Kanglai Industrial Co., Ltd, Everlam and Huakai Plastic co., ltd.
Eastman Chemical Co. Expanded Saflex Polyvinyl Butyral (PVB) Facility in Suzhou, China.
In September 2018, Eastman chemical co., expanded saflex polyvinyl butyral facility. Seflex Q series is an advanced tri-layer PVB. It reduces noise levels over automotive windscreens and traditional tempered windows in order to create a superior driving experience for the consumer. This expansion will help Eastman to continue serving global consumer’s need with shorter lead time.
The polyvinyl butyral market is segmented on the basis of its application and end-use industry. On the basis of application, it is segmented into paints & coatings, film & sheets and adhesives. Polyvinyl butyral market on the basis of application segmented into automotive, construction and photovoltaic.
Rapidly Growing Building & Construction and Automotive Industry are Driving the Polyvinyl Butyral Market
The main application of polyvinyl butyral is in window covering owing to its ability to reduce noise in the house and building and energy saving. The application of polyvinyl butyral film sheets is expected to increase owing to its several properties such as used in such as impact resistance, transparency, elasticity, and high tensile strength. These properties make polyvinyl butyral sheet suitable for manufacturing of safety glass. Further, the rapidly growing building & construction and automotive industry are driving the polyvinyl butyral market. However, high cost associated with it hindering the growth of polyvinyl butyral market for the short term.
Asia-Pacific is the Largest Market Player for Polyvinyl Butyral
Global Polyvinyl butyral market is segmented into North America, Europe, the Asia-Pacific, and the RoW. The Asia-Pacific is the largest market player for polyvinyl butyral because of the presence of key manufacturers of polyvinyl butyral market and rapidly growing construction and automotive industry.
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- Comprehensive analysis of global as well as regional markets of the polyvinyl butyral.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.