Global Polyvinyl Butyral Market Growth 2025-2031
The global Polyvinyl Butyral market size is predicted to grow from US$ 1838 million in 2025 to US$ 2347 million in 2031; it is expected to grow at a CAGR of 4.2% from 2025 to 2031.
Polyvinyl Butyral (PVB) Resins are a highly concentrated industry known for their applications in safety glass and coatings. PVB resins are valued for their excellent clarity, adhesion, and toughness, making them ideal for use in automotive and architectural glass to enhance safety. Key global manufacturers of PVB resins include Eastman Chemical, Kuraray, Sekisui Chemicals, ChangChun Group, Huakai Plastic, Qingdao Haocheng, Kingboard Chemical Holdings, Zhejiang Decent Plastic, and Wanwei Group. As of 2023, the top five players in the market hold approximately 82.06% of the global revenue share.
The primary consumption regions for PVB resins are Europe, the USA, and China. Asia-Pacific is the largest consumption region, accounting for about 49.00% of global consumption in 2023. This growth in the Asia-Pacific region is driven by increased demand for safety glass in the construction and automotive industries. As economic development and urbanization continue, the demand for PVB resins in this region is expected to grow further.
The PVB resin market is characterized by a high level of concentration, with a few major players dominating the industry. This concentration helps these companies leverage technological innovation, production efficiency, and market competitiveness. With the rising demand for safety and functional glass, the PVB resin market is anticipated to continue expanding, driven by increased requirements from the construction and automotive sectors.
The PVB resin market is also witnessing a trend towards increased innovation and technological advancements. Manufacturers are focusing on developing new formulations and applications to meet the evolving needs of the market. For instance, advancements in PVB resin technology are enhancing the performance of safety glass by improving its durability, impact resistance, and UV stability. Additionally, there is a growing emphasis on sustainability, with companies exploring eco-friendly production methods and recyclable PVB materials. As environmental regulations become more stringent and consumer preference shifts towards greener products, the industry is expected to see a rise in the adoption of sustainable practices. This focus on innovation and sustainability is likely to drive the market's growth and transformation in the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Polyvinyl Butyral Industry Forecast” looks at past sales and reviews total world Polyvinyl Butyral sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyvinyl Butyral sales for 2025 through 2031. With Polyvinyl Butyral sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyvinyl Butyral industry.
This Insight Report provides a comprehensive analysis of the global Polyvinyl Butyral landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyvinyl Butyral portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyvinyl Butyral market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyvinyl Butyral and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyvinyl Butyral.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyvinyl Butyral market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Molecular Weight Grade PVB Resin
Medium Molecular Weight Grade PVB Resin
Low Molecular Weight Grade PVB Resin
Modified PVB Resin
Segmentation by Application:
Automotive
Architectural
Photovoltaic
Paints, Glues, Ink
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Eastman Chemical
Kuraray
Sekisui Chemicals
ChangChun Group
Kingboard Chemical Holdings
Huakai Plastic
Zhejiang Decent Plastic
Wanwei Group
Sichuan EM Technology
Xinfu Pharm
Qingdao Haocheng
Longcheng High-tech Material
Guangda Bingfeng
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyvinyl Butyral market?
What factors are driving Polyvinyl Butyral market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyvinyl Butyral market opportunities vary by end market size?
How does Polyvinyl Butyral break out by Type, by Application?
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