Stratview Research has recently added a new report titled PVB Interlayers Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the PVB Interlayers Market.

The years considered in this report to estimate the market size of the market are:

• History Year: 2016-2019

• Forecast Year: 2021 to 2026

The key players covered in this report are –

  • Eastman Chemical Company
  • Kuraray Co., Ltd
  • SEKISUI CHEMICAL CO., LTD
  • Everlam
  • Genau Manufacturing Company
  • KB PVB
  • Chang Chun Group
  • Dulite
  • Huakai Plastic (Chongqing) Co., Ltd
  • Willing Lamiglass Material GmbH (W.M.C)
  • Jiangsu Darui Hengte Technology
  • Tiantai Kanglai Industrial

Market Highlights

PVB Interlayers market is likely to witness an impressive CAGR of 7.8% during the forecast period. The growth of the market for PVB interlayers is mainly attributed to the increasing production of vehicles and imposition of mandatory safety glass regulations. Further, their properties, such as optical clarity, strong bonding, toughness, flexibility, and adhesion to various surfaces make them the ideal claimant to be extensively used in various end-use industries, such as automobile, construction, and photovoltaic sectors, majorly for protection from projectiles, acoustic insulation, UV insulation, and safety & security. All these factors are likely to underpin the growth of the PVB interlayers market during the forecast period.

Segment-wise analysis

Based on the type, the market is segmented as standard polyvinyl butyral and structural polyvinyl butyral. The standard polyvinyl butyral segment captured the larger share of the market in 2020, and is expected to govern the market during the forecast period as well. The growth of the segment is attributed to the extensive use of standard PVB interlayers in more than 70% of various laminated glass applications. The major advantages offered by these interlayers are enhancement in the safety and security performance and improvement in the acoustic and UV protection performance of glass.

Based on the end-use industry type, the PVB interlayers market is segmented as automotive, building & construction, and photovoltaic. Driven by the changing trends in automotive production, increasing focus on safety, and growing demand for energy & electricity along with the production of electric vehicles, the automotive industry dominates the market.

In terms of regions, Asia-Pacific is estimated to be the largest-growing market for PVB interlayers during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. The growth of the market is owned by the growth in production of electric vehicles, building & construction projects, and solar photovoltaic installations in China, India, Japan, South Korea, which is generating huge demand for PVB interlayers and the presence of a large number of PVB interlayer manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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The main steps in the investigation process are:

  • Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
  • The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
  • This report also provides market intelligence and throws light on critical insights into the market dynamics.

The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.

About Stratview Research

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