Polyvinyl Butyral Market 2019 | Emerging Trends, Highlights and Challenges Forecast 2023

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Polyvinyl Butyral Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Polyvinyl Butyral Market Research Report-
Forecast to 2023
Polyvinyl Butyral Market - Overview
Polyvinyl Butyral (PVB) compounds are used to
make resins. They offer excellent binding
efficiency, optical clarity, strong adhesion to a
large number of substrates, and toughness
combined with flexibility. These properties have
major applications in automobile, solar energy,
and paint coatings end-use industries.
Additionally, the most important and widely used
application of PVB is to laminate glass
purposes. As per our Analysis, some of the
prominent market factors and trends identified in
the Global PVB Market. Foremost factor is that
increasing global demand for energy and the need
for more realistic and immediate action to
address climate change is forcing governments,
business and consumers to consider more holistic
solutions that can reduce environmental impact is
encouraging solar energy. This is directly
impacting the PVB consumption rate in installing
solar panels. Rising demand for laminated glass
in automobiles, and increasing expenditure on
research activities. Moreover, demand for PVB is
predicted to witness a significant growth over
the assessment period due to surging paint
coatings industry. Rising steel production across
the globe is anticipated to be an important
driver for the PVB consumption as an
anti-corrosive primer during the review period.
Increasing automobile production and sales along
with rising consumption of PVB in windshield
glass lamination is estimated to fuel the growth
of the market. Furthermore, rapid urbanization
coupled with increasing disposable income in
emerging economies is predicted to propel the
growth of the market during the assessment period
2017-2023. However, implementation of strict
regulations by various government bodies has
restricted the use of toxic organic chemicals in
the production of Polyvinyl Butyral, which is
expected to hamper the growth of the market.
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Polyvinyl Butyral Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Polyvinyl Butyral Market is
categorized on the basis of Application, End Use
Industry, and Region. On the basis of the
Application, the market is bifurcated into glass
lamination, ceramic binder, composite fiber
binder, wash primer, and others. On the basis
of the End Use Industry, the Polyvinyl Butyral
Market is categorized into the automobile, solar
energy, paint coatings, and others. On the
basis of the Region, the market is categorized
into Asia Pacific, Europe, Latin America, North
America, and the Middle East Africa. Access
Report Details _at_ https//www.marketresearchfuture.
com/reports/polyvinyl-butyral-market-5059


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Polyvinyl Butyral Market Research Report-
Forecast to 2023
Regional Outlook
The Global Polyvinyl Butyral (PVB) Market
consists of five regions Asia Pacific, Europe,
Latin America, North America, and the Middle East
Africa. Among these, Asia Pacific is predicted
to grow at the highest CAGR during the review
period, 2017-2023 on account of expanding
industries. The demand for PVB is predicted to
surge in numerous countries of the Middle East
Africa such as Iraq, the United Arab Emirates,
Saudi Arabia, Iran, and Kuwait due to high
consumption rate in the construction industry.
Moreover, the shift in global economic power has
placed the Middle East at the center of many of
the worlds fastest-growing markets. Dubai, in
particular, has leveraged that position to turn
itself into a global hub for aviation, tourism,
and logistics, which is expected to increase the
consumption of PVB to use as an anti-corrosive
primer for the steel. North American Polyvinyl
Butyral Market is predicted to witness a
tremendous growth on account of high consumption
potential, increasing production capacities, and
rising economic growth rate. As of 2016, the U.S
accounts for one of the largest global markets
and it is estimated to grow at a moderate CAGR on
account of growing production of glass for
architectural purposes. In Europe, the demand for
PVB is predicted to grow in various countries
such as Italy, Germany, Spain, the U.K, France,
and Russia due to increased expenditure in
innovation and growing purchasing power of
consumers. Moreover, the presence of major
automobile manufacturers, specifically, in
Germany is expected to give momentum to the
market growth. Latin American countries such as
Argentina, Colombia, and Brazil are also
predicted to witness a substantial growth owing
to increasing consumer spending on passenger cars
as well as the involvement of new technologies
and inventions in Polyvinyl Butyral. Asia Pacific
PVB market is predicted to grow at a moderate
CAGR due to developing crude oil processing and
expanding petroleum refineries in India and
China. Moreover, continuous growth of solar
energy production capacities in various economies
of Asia Pacific such as China, India, Malaysia,
Thailand, and Japan is expected to raise the
demand for laminated solar glass panels, which,
in turn, is predicted to fuel the demand for PVB
over the forecast period.
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Polyvinyl Butyral Market Research Report-
Forecast to 2023
Major Players in this Research

• Polyvinyl Butyral Market Prominent Players
• E. I. du Pont de Nemours and Company (U.S.)
• Eastman Chemical Company (U.S.)
• Chang Chun Petrochemicals Co., Ltd. (Taiwan)
• Kingboard (Fo Gang) Specialty Resins Limited
  (China)
• Everlam (Belgium)
• Dulite PVB Film (Taiwan)
• Guangzhou Aojisi New Materials Co., Ltd. (China)
• Anhui Wanwei Group Co., Ltd. (China)
• Qingdao Haocheng Industrial Company Limited
  (China)
• Huzhou Xinfu New Materials Co., Ltd. (China)
• Zhejiang Pulijin Plastic Co., Ltd. (China)
• Hunan Xiangwei Co., Ltd. (China)

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