Polyvinyl Butyral (PVB) Films and Sheets Market to Undertake Strapping Growth During 2023
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Market Research has released a new market report titled “Polyvinyl
Butyral (PVB) Films and Sheets Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2015 - 2023.” According
to the report, the global PVB films and sheets market was valued at
US$ 2,452.5 Mn in 2014 and is anticipated to reach US$ 4,633 Mn by
2023, expanding at a CAGR of 7.4% between 2015 and 2023.
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Report Overview @
PVB
films and sheets are made up of PVB resin used as an interlayer in
glass laminated structures. Laminated glass comprises a protective
layer usually PVB films and sheets. PVB stands for polyvinyl butyral.
PVB films and sheets exhibit characteristics such as high tensile
strength, transparency, impact resistance, and elasticity. The
polymer interlayer of polyvinyl butyral is tough so that the brittle
cracks would not pass from one side of the laminate to the other.
These properties make PVB films and sheets suitable for the
manufacture of safety glass. Laminated glass, commonly used in
architecture and automotive fields, comprises a protective
interlayer, usually PVB, fused between two panels of glass. PVB films
and sheets have been reference material for glass lamination in
building & construction and ground transportation industries
since many years. Availability of limited number of application
specific substitutes coupled with increasing usage of PVB films and
sheets in photovoltaic modules has resulted in growing demand for PVB
films and sheets.
Ground
transportation was the largest end-user segment of the PVB films and
sheets market, accounting for over 45% share in 2014. PVB films and
sheets are primarily used in the manufacturing of automotive
windshields. Rising demand for automotive windshields and increasing
usage in the manufacture of glass rooftop for cars is likely to drive
demand for PVB films and sheets in the ground transportation segment.
Building & construction, solar energy, and infrastructure
segments are also anticipated to account for significantly high share
of the PVB films and sheets market in the near future. With increase
in use of solar energy the demand for photovoltaic modules is also
increasing. Lately the use of PVB films and sheets in photovoltaic
modules is on rise which in turn is likely to augment the demand for
PVB films and sheets in the near future.
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Key
players operating in the PVB films and sheets market include Eastman
Chemical Company, KURARAY CO., LTD., SEKISUI CHEMICAL CO., LTD., Li &
Fung Group Co., Ltd., Kingboard Chemical Holdings Ltd., Huakai
Plastic (Chongqing) Co., Ltd., Zhejiang Decent Plastic Co., Ltd.,
Tiantai Kanglai Industrial Co., Ltd., Jiangsu Daruihengte Technology
& Science Co., Ltd. and Zhejiang Pulijin Plastic Co., Ltd.
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