Tuesday, October 16, 2018

Polyvinyl Butyral Market worth US$3.9 bn with CAGR over 5.5% to 2024


Polyvinyl butyral (pvb) market share for defense industry will grow at a CAGR over 4.5% in the coming years owing to wide usage in defense end-user applications as a protection against attacks due to its excellent high-strength property.
Some of the major polyvinyl butyral market participants mentioned in this report are Kuraray Co., Ltd., Eastman Chemical Company and Sekisui Chemical Co., Ltd., Kingboard (Fo Gang) Specialty Resins Co Ltd, Huakai Plastic, Zhejiang Bisheng Plastics Co., Ltd., and Chang Chun Petrochemicals Co., Ltd.

Global Market Insights, Inc. presents most up-to-date research report on “Polyvinyl Butyral (PVB) Market with recent research (2013-2017) and the current scenario (2018) along with future market potential (2019-2024), Size, Share, By Application (Acoustic Protection, Lamination, Binders, Coatings, Architectural Glazing), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC)”.

Report predicts the polyvinyl butyral market size is forecast to hit USD 3.9 billion by 2024. Rapid growth in the global automotive industry mainly focused in the developing countries of Europe and Asia Pacific will primarily drive the polyvinyl butyral market till 2024. Broad applications in producing safety glass like soundproof glasses and automotive windshields will significantly drive the demand over the forecast period.

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Lamination applications held significant market share in 2016, and will also grow over a healthy CAGR in the forecast period. Rising laminating glass demand across construction and automobiles applications will boost the demand for polyvinyl butyral significantly, primarily in developing nations of Europe, and Asia Pacific.

Building & construction dominated the global polyvinyl butyral market, backed by transportation and defense verticals. In this vertical, both acoustic protection glass, and laminating glass demand will increase, and will majorly attribute to the substantial market share in the forecast period.

Polyvinyl Butyral Market Growth drivers:
1.   Booming automotive industry in the BRICS countries
2.   Rapidly growing demand for PVB in construction industry in Asia Pacific

Speaking about product advancements, it is noteworthy to state that leading manufacturers of specialty polymers are constantly working on optimizing the properties of PVB. For instance, the pioneering participant in polyvinyl butyral market, Kuraray Europe GmbH is continually striving to develop innovative applications of PVB in domains such as ceramic laminates, laminates for metal films, thermoplastic prepregs, fiberglass laminates, and lightweight construction.

Browse key industry insights from the report@ https://www.gminsights.com/industry-analysis/polyvinyl-butyral-pvb-market

Besides, the growing adoption of electric vehicles mainly across European countries and China, owing to the increasing deployment of regulatory norms about energy efficiency along with increasing awareness regarding carbon dioxide emissions from vehicles, has also been augmenting polyvinyl butyral industry outlook.

Regionally, Asia Pacific will have the lion’s share of global polyvinyl butyral market by 2024. Growing product consumption in end-user verticals like defense, building & construction, and transportation in this region will primarily account for higher market share till 2024.

Europe polyvinyl butyral market size was more than USD 500 million by end of 2016. This is highly attributed to the consistent growth of construction activities in this region.

Some of the major polyvinyl butyral market participants mentioned in this report are Kuraray Co., Ltd., Eastman Chemical Company and Sekisui Chemical Co., Ltd., Kingboard (Fo Gang) Specialty Resins Co Ltd, Huakai Plastic, Zhejiang Bisheng Plastics Co., Ltd., and Chang Chun Petrochemicals Co., Ltd.

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Browse Related Report:

1. Hydrophobic Coatings Market Size, By Product (Polysiloxanes, Fluoro-Alkylsilanes, Fluoropolymers, Titanium Dioxide), By Substrate (Metals, Glass, Concrete, Ceramics, Polymers, Textile/leather), By Property (Anti-Microbial, Anti-Icing/Wetting, Antifouling, Anti-Corrosion, Self-Cleaning), By Application (Aerospace, Automotive, Construction, Medical, Optical, Oil & Gas) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, Japan, India, South Korea, Malaysia, Thailand, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024.

Hydrophobic Coatings Market size was over USD 1.5 billion in 2017 and industry expects consumption of above 15 kilo tons by 2024.

https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market

 

2. Industrial Floor Coatings Market Size By Product (Epoxy, Polyaspartic, Polyurethane, Acrylic, Epoxy Cementitious, Methyl Methacrylate ), By Component (Single Component, Double Component, Three Component, Four Component), By Flooring Material (Concrete, Mortar, Terrazzo), By Application (Manufacturing, Food Processing, Aviation & Transportation, Warehousing), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, Qatar, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024.

Global Industrial Floor Coatings Market size was worth over USD 4.1 billion in 2017 and will witness CAGR over 7.2% up to 2024.

https://www.gminsights.com/industry-analysis/industrial-floor-coating-market


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