Polyvinyl Butyral (PVB) Resins Market categorizes the global market by PVB Films & Sheets Market by End-user Industry (Construction, Automotive and Photovoltaic), Application (Films & Sheets, Paints & Coatings and Adhesives) & Geography.
Dallas, TX -- (SBWIRE) -- 01/28/2015 -- The report, "Polyvinyl Butyral (PVB) Resins Market by Application (Films & Sheets, Paints & Coatings and Adhesives), PVB Films & Sheets Market by End-user Industry (Automotive, Construction and Photovoltaic) & by Region – Trends and Forecasts to 2019", defines and segments the PVB resins and PVB films & sheets market with analysis and forecast of the market size.
Browse 104 market data tables and 61 figures spread through 185 pages and in-depth TOC on "Polyvinyl Butyral (PVB) Resins Market – Trends and Forecasts to 2019"
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PVB resins Market is projected to a value of $3,710.19 Million by 2019, signifying firm annualized growth of 5.61% between 2014 and 2019.
PVB films & Sheets is projected to a value of $3,391.43 Million by 2019, signifying firm annualized growth of 5.67% between 2014 and 2019.
Asia-Pacific – The biggest market of PVB resins and PVB films & sheets
PVB is manufactured from the condensation reaction of polyvinyl alcohol (PVA) and n-butyraldehyde.
The PVB resins market in Asia-Pacific is one of the fastest-growing consumers across the globe and the trend is expected to continue in the near future. Asia-Pacific is the biggest market for PVB resins, and accounted for a share of more than 39.68% of the total market size in terms of volume in 2013 which was majorly contributed by China. It is also estimated that China is the fastest-growing market of PVB resins in the region. The high growth in this region is mainly driven by growing population, vast economies–developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.
Films & sheets – The fastest-growing market for PVB resins
The PVB films & sheets market is one of the fastest-growing applications globally and the trend is expected to continue in the near future. Asia-Pacific is the biggest market for PVB films & sheets, and accounted for a share of more than 46.87% of the total market size in 2013. It is also estimated that China is the fastest-growing market of PVB films & sheets in the region.
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The U.S. and China are at forefront of PVB resins and PVB films & sheets consumption, while Germany, Belgium, Japan, and U.K. are other key markets for PVB resins & PVB films & sheets consumption. China is the key market in Asia-Pacific, consuming more than half of the demand for resins and PVB films & sheets, followed by Japan, Taiwan, South Korea, and India where consumption is growing at a steady rate. Increase in the consumption of PVB resins for films & sheets, paints & coatings and adhesives has been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. Films & sheets are projected to be the fastest-growing application segment followed by adhesives between 2014 and 2019. PVB resins market is expected to witness a slow growth due to the stagnant market at European economy.
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