Polyvinyl Butyral (PVB) Market by Application (Films & Sheets, Paints & Coatings and Adhesives), PVB Films & Sheets Market by End-user Industry (Automotive, Construction and Photovoltaic) and by Region - Trends and Forecasts to 2019

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Apr 08, 2015, 07:25 ET

LONDON, April 8, 2015 /PRNewswire/ -- PVB is manufactured from the condensation reaction of polyvinyl alcohol (PVA) and n-butyraldehyde. PVB is compatible with phthalate ester, phosphate ester, fatty ester, glycol derivatives and many other plasticizers. In addition; PVB resins can be blended with nitrocellulose and ketone resin to increase its hardness. PVB resins find their application in films & sheets, paints & coatings and adhesives in order to enhance their physical as well as chemical characteristics, such as excellent optical clarity, strong binding power and outstanding adhesive and film forming properties. It is also is used in other applications such as safety glass interlayers, paints, lacquers & varnishes, printing inks, and temporary binders.

Asia-Pacific is the global leader in the consumption of PVB resins and PVB films & sheets and this dominance is expected to continue till 2019. China is the key market in the region, consuming more than half of the demand for PVB resins and films & sheets, followed by Japan, South Korea, and India where consumption is growing at a steadily. Increase in the consumption of PVB resins for films & sheets, paints & coatings, and adhesives have been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. The continuous growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry.

PVB films and sheets are coatings that are primed from specialty PVB resins. PVB film is one of the most popular interlayer used for glass lamination. Laminated glass comprises of a protective interlayer, usually PVB which is bonded between two panels of glass. The bonding process takes place under heat and pressure. PVB films & sheets are used in different end-user industries such as automotive, construction and photovoltaic.

This study on PVB resins and PVB films & sheets market estimates the market value for PVB and projects the same by 2019. As a part of quantitative analysis, the study segments the market by application and end-user industry at country level with the current market estimation and forecast till 2019. The countries covered in the report are China, Japan, Taiwan, India, South Korea, Brazil, Germany, the U.K., Belgium, the Netherlands, and the U.S. The segmentation by application includes films & sheets, paints & coatings and adhesives. The segmentation by end-user industry includes automotive, construction and photovoltaic.

Further as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including Eastman Chemical Company (U.S.), Kuraray Co.,Ltd (Japan), Sekisui Chemicals (Japan), Kingboard (Fo Gang) Specialty Resins Co LTD (Hongkong) , Zhejiang Bisheng Plastics Co.Ltd (China), Huakai Plastic (Chongqing) Co., Ltd (China), Chang Chun Petrochemicals Co., Ltd. (Taiwan), Lifeng group co,. Ltd (China), and Guangzhou Aojisi New Material Co., Ltd (China).

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