PVB Interlayers are thin films that are packed between two panels of glass to improve protection. Furthermore, these films provide additional safety and support owing to its features including toughness, optical clarity, flexibility, and adhesion. A higher number of these resins enhance water resisting abilities of the polymer. It is further cross-linked with multiple resins comprising phenolic, epoxy, and melamine resins that in turn develops high quality solvent coatings.
The global PVB Interlayers market worth US$ 5.51 Bn by 2027, growing at a CAGR of 7%
The PVB Interlayers are utilized across buildings, construction, photovoltaic, and automotive is further driving the industry. Thus, surging adoption of vehicles along with increasing focus toward safeguarding and safety features is further positively influencing the industry growth. Furthermore, the growing focus toward improving the PVB capability is expected to augment the product demand.
PVB Interlayers raw material are obtained from carbon compound and petroleum in which price volatility plays a critical role. Hence, the price of the product mainly depends on the price of raw material. The growing efforts to fix the price in order to reduce the price uncertainty associated with the product is driving the industry size.
Key Segment Of The PVB Interlayers Market
by Type, 2020-2027 (USD Million)
• Standard Polyvinyl Butyral
• Structural Polyvinyl Butyral
by End Use Industry, 2020-2027 (USD Million)
• Automotive, Building & Construction
Regional Overview, 2020-2027 (USD Million)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
PVB interlayer is a resin that is used across various industries including automotive and construction. These layers are deployed between the between the glass panels. High transparency, enhanced elasticity, improved tensile strength are few of the prime features that are offered by the interlayers when compared to the other alternatives is positively impacting the business outlook. In addition, its increasing usage across multiple sectors including transportation, solar energy, and automotive, paint & coatings sector will further accelerate the industry outlook over the forecast timeline.
Its impressive characteristics such as better appearance and gloss finish along with recycling capabilities turn is complementing the business landscape. Further, rising research and development activities to enhance its characteristics is poised to stimulate the business landscape in the coming years.
On the basis of the end-user segment, the market is categorized into construction, automotive, photovoltaic, and others. The automotive segment is analyzed to hold a significant share across the segment in 2018 and photovoltaic is projected to observe substantial CAGR in the coming years.
PVB Interlayers market is segmented into Standard PVB and Structural PVB. In 2018, standard PVB accounted for major contributors in revenue and it is expected to lead the PVB Interlayers industry thorough the forecast timeline.
Asia Pacific is projected to experience a substantial upsurge over the forecast timeline. Growing migration coupled with increasing disposable income have upheld the demand leading to establishment of apartments, and commercial complexes is positively swaying the demand for PVB industry. Moreover, extensive investment across solar power, leading to accelerated installation of solar panels is stimulating the industry landscape.
The major players of the global PVB Interlayer’s market are Saflex, Kuraray, Genau Manufacturing Company, Huakai Plastic, Willing Lamiglass Materials, Sekisui Chemicals, Eastman Chemical Company, EVERLAM, Jiangxi Huatesheng, New Material Limited Company, BANDA PVB COMPANY and others. As of 2018, the market moderately consolidated with the presence of established global and domestic players across the globe.