PVB Resin Market
Report code - SRAM180 | Published On : NA | Status: Upcoming

Polyvinyl Butyral (PVB) Resin Market by Product Type (Films & Sheets, Paints & Coatings, Adhesives, and Others), by End-Use Industry Type (Automotive, Construction, Photovoltaic, Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This report, from Stratview Research, studies the PVB resin market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global PVB Resin Market Growth and Forecast:

Polyvinyl butyral (PVB) resins are used in applications where strong binding, optical clarity, adhesion to surfaces, toughness, and flexibility are required. The major route of manufacturing PVB resin is a reaction between a polyvinyl alcohol and butyraldehyde. Over the years, PVB resins have been widely used in automotive applications as an interlayer in the windshield. They are now increasingly used in luxury cars to make side and roof glass with the purpose to increase safety and reduce noise and light transfer. Furthermore, they are also used in architectural applications for window covering with the purpose to promote energy saving and reduce noise. PVB resin also finds applications in solar panel encapsulants but its relatively a small market at a present scenario.    

The global PVB resin market is projected to grow at an impressive CAGR of 4.5% during the period of 2018 to 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the automotive and construction industries; an increasing demand for energy-saving buildings, growing disposable income in emerging economies, and growing concern towards global warming are proliferating the growth of the PVB resin market.

PVB Resin Market: by Product Type

The PVB resin market is segmented based on the product type as Films & Sheets, Paints & Coatings, Adhesives, and Others. The films & sheets segment is expected to remain the growth engine of the PVB resin market during the forecast period of 2018 to 2023. An increased usage of PVB films & sheets in industries, such as automotive, construction, and photovoltaic for energy saving and noise reduction are the major factors that are proliferating the demand for PVB films & sheets.

PVB Resin Market: by End-Use Industry

Based on the end-use industry, the PVB resin market is segmented as Automotive, Construction, Photovoltaic, and Others. The automotive segment is expected to remain the most dominant segment of the PVB resin market during the forecast period. An extensive usage of PVB films & sheets in the automotive industry to increase safety and to reduce noise and light transfer is primarily driving the demand for PVB resins in the automotive industry. Additionally, increasing automobile production is likely to boost the demand for PVB films and sheets in the coming years. It is estimated that approximately 608.5 million units of automobiles (passenger cars, LCVs, and MHCVs) are likely to be produced worldwide during the next five years (2018-2023). 

PVB Resin Market: by Region 

Based on the regions, Asia-Pacific is expected to remain the largest PVB resin market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period. Rapidly expanding automotive and construction industries in the developing economies of the region, such as China and India, is the major driving factor behind the dominance of the Asia-Pacific region in the PVB resin market.  Out of the total vehicles produced worldwide during 2018-2023, approximately 54.2% will be produced in Asia-Pacific only, mainly in China, Japan, South Korea, India, and Thailand.

Europe is projected to remain the second largest market during the forecast period, driven by both automotive as well as construction industries. There has been an increasing usage of laminated safety glasses in the architectural industry in the region.

PVB Resin Market: Key Players and Major Strategies

The supply chain of this market comprises of raw material suppliers, PVB resin manufacturers, PVB films & sheets manufacturers, PVB adhesive manufacturers, PVB paints & coatings manufacturers, distributors, and end users. The key manufacturers of PVB resins are Eastman Chemical, Kuraray, Sekisui, Huakai Plastic (Chongqing) Co. Ltd., Chang Chun Petrochemicals Co., Ltd., Kingboard (Fo Gang) Specialty Resins Limited, and Everlam. Capacity expansion, forward integration, and formation of strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.

Most of the major PVB resin manufacturers are also forward integrated and manufacturing PVB sheets & films to serve a large number of customers located across the world Eastman Chemical, Kuraray, and Sekisui are the major player capturing more than 55% of the total PVB resin capacity. There are a large number of Chinese players actively producing PVB resins as well as PVB sheets & films to serve the local market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

The global PVB resin market is segmented into the following categories

Global PVB Resin Market, by Product Type

  • Films & Sheets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Paints & Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Adhesives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Global PVB Resin Market, by End-Use Industry Type

  • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Photovoltaic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Global PVB Resin Market, By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Italy, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, Korea, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

 

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Regional Segmentation

  • Current market size (2017) of PVB resin market in any of the North American country by product type

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.


List of Figures

List of Tables

Disclaimer

Copyright

Abbreviation

Currency Exchange

About Us

Report Scope

Report Objectives 

Research Methodology

Secondary Research

Key Information Gathered from Secondary Research

Primary Research

Key Information Gathered from Primary Research

Breakdown of Primary Interviews by Region, Designation, and Value Chain Node

Data Analysis and Triangulation

1.      Executive Summary  

2.      PVB Resin Market - Overview and Market Forces

2.1.                Introduction

2.2.                Market Classification

2.2.1.                         By Product Type

2.2.2.                         By End-Use Industry Type  

2.2.3.                         By Region

2.3.                Market Drivers

2.4.                Market Constraints

2.5.                Supply Chain Analysis

2.6.                Industry Life Cycle Analysis

2.7.                PEST Analysis

2.8.                Porter’s Five Forces Analysis

2.8.1.                         Bargaining Power of Suppliers

2.8.2.                         Bargaining Power of Customers

2.8.3.                         Threat of New Entrants

2.8.4.                         Threat of Substitutes

2.8.5.                         Competitive Rivalry

2.9.                SWOT Analysis

3.      PVB Resin Market Analysis – by Product Type 

3.1.                Strategic Insights 

3.2.                Films & Sheets: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

3.2.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

3.3.                Paints & Coatings: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

3.3.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

3.4.                Adhesives: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

3.4.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

3.5.                Others: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

3.5.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

4.      PVB Resin Market Analysis – by End-Use Industry Type

4.1.                Strategic Insights 

4.2.                Automotive: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

4.2.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

4.3.                Construction: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

4.3.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

4.4.                Photovoltaic: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

4.4.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

4.5.                Others: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

4.5.1.                         Regional Trend and Forecast (US$ Million, Kilotons)

5.      PVB Resin Market Analysis – by Region 

5.1.                Strategic Insights 

5.2.                North American PVB Resin Market Analysis

5.2.1.                         North American PVB Resin Market Trend and Forecast, by Country (US$ Million, Kilotons)

5.2.1.1.                                   The USA: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.2.1.2.                                   Canada: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.2.1.3.                                   Mexico: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.2.2.                         North American PVB Resin Market Trend and Forecast, by Product Type (US$ Million, Kilotons)

5.2.3.                         North American PVB Resin Market Trend and Forecast, by Industry Type (US$ Million, Kilotons)

5.3.                European PVB Resin Market Analysis

5.3.1.                         European PVB Resin Market Trend and Forecast, by Country (US$ Million, Kilotons)

5.3.1.1.                                   The UK: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.1.2.                                   Germany: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.1.3.                                   France: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.1.4.                                   Spain: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.1.5.                                   Italy: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.1.6.                                   Rest of Europe: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.3.2.                         European PVB Resin Market Trend and Forecast, by Product Type (US$ Million, Kilotons)

5.3.3.                         European PVB Resin Market Trend and Forecast, by Industry Type (US$ Million, Kilotons)

5.4.                Asia-Pacific’s PVB Resin Market Analysis

5.4.1.                         Asia-Pacific’s PVB Resin Market Trend and Forecast, by Country (US$ Million, Kilotons)

5.4.1.1.                                   China: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.4.1.2.                                   Japan: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.4.1.3.                                   India: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.4.1.4.                                   Korea: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.4.1.5.                                   Rest of Asia-Pacific: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.4.2.                         Asia-Pacific’s PVB Resin Market Trend and Forecast, by Product Type (US$ Million, Kilotons)

5.4.3.                         Asia-Pacific’s PVB Resin Market Trend and Forecast, by Industry Type (US$ Million, Kilotons)

5.5.                Rest of the World’s (RoW) PVB Resin Market Analysis

5.5.1.                         RoW’s PVB Resin Market Trend and Forecast, by Country (US$ Million, Kilotons)

5.5.1.1.                                   Brazil: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.5.1.2.                                   Argentina: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.5.1.3.                                   Rest of the World: PVB Resin Market Trend and Forecast (US$ Million, Kilotons)

5.5.2.                         RoW’s PVB Resin Market Trend and Forecast, by Product Type (US$ Million, Kilotons)

5.5.3.                         RoW’s PVB Resin Market Trend and Forecast, by Industry Type (US$ Million, Kilotons)

6.      Competitive Analysis

6.1.                Strategic Insights

6.2.                Presence by Product Type

6.3.                Presence by End-Use Industry

6.4.                Geographical Presence

6.5.                New Product Launches

6.6.                Strategic Alliances: Mergers and Acquisitions, Joint Ventures, etc.  

6.7.                Expert Opinion

6.8.                Market Share Analysis

7.        Strategic Growth Opportunities

7.1.                Strategic Insights

7.2.                Market Attractive Analysis

7.2.1.                         Market Attractiveness by Product Type

7.2.2.                         Market Attractiveness by End-Use Industry

7.2.3.                         Market Attractiveness by Region

7.2.4.                         Market Attractiveness by Country

7.3.                Emerging Trends

7.4.                Growth Matrix Analysis

7.5.                Key Success Factors

8.        Company Profile of Key Players

8.1.                Kuraray Co., Ltd.

8.2.                Eastman Chemical Company

8.3.                Sekisui Chemicals Co. Ltd.

8.4.                Huakai Plastic (Chongqing) Co. Ltd. 

8.5.                Everlam 

8.6.                Tiantai Kanglai Industrial Co., Ltd. 

8.7.                Kingboard (Fo Gang) Specialty Resins Limited

8.8.                Chang Chun Petrochemicals Co., Ltd. 

8.9.                Huzhou Xinfu New Materials Co., Ltd. 

8.10.              Hunan Xiangwei Co., Ltd.



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