Global Windshield PVB Recycling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Windshield PVB Recycling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Windshields typically consist of a layer of polyvinyl butyral (PVB) sandwiched between two sheets of glass. PVB works by removing air and utilizing heat to bond the windshield together while enhancing clarity. PVB can be separated from end-of-life windshields and used as a sustainable polymer. PVB is mainly used in the manufacture of items such as paints, textile or leather coatings, paper barrier coatings and anti-corrosion primers. Windshield PVB Recycling helps realize circular economy and reduce environmental pollution.

Market Overview:

The latest research study on the global Windshield PVB Recycling market finds that the global Windshield PVB Recycling market reached a value of USD 27.87 million in 2022. It’s expected that the market will achieve USD 51.51 million by 2028, exhibiting a CAGR of 10.78% during the forecast period.

Advantages of PVB glass

PVB glass is currently the most important car windshield. PVB glass has high strength and toughness. When the car is collided, the fragments of PVB glass will be bonded to the PVB film without splashing out, which reduces the secondary damage to drivers and pedestrians caused by car accidents. At the same time, the PVB film will arch when subjected to impact, so as to absorb part of the impact energy and have a certain buffering effect. According to the National Highway Traffic Safety Administration, an estimated 42,915 people will die in motor vehicle crashes in 2021, a 10.5 percent increase from 38,824 in 2020. Meanwhile, bipartisan infrastructure laws have dramatically increased funding for highway safety improvement programs. To improve safety, more and more cars are using PVB glass in the main windows. In addition to safety, PVB glass also has the functions of sound insulation, heat insulation, UV protection and energy saving. PVB film can filter infrared and ultraviolet rays, reduce energy consumption of air conditioners in the car, reduce fuel or electricity consumption, and prevent car interiors from fading and aging due to sunlight. In addition, with the advancement of automotive head-up display (HUD) technology, digital information can be projected on PVB glass, increasing the convenience for drivers to intuitively see vehicle navigation information and improving driving efficiency and safety. Therefore, PVB glass is widely used in the automotive industry, and the increasing demand for PVB glass in the automotive industry is conducive to the development of Windshield PVB Recycling industry.

The Development of the Automobile Recycling Industry

End-of-life vehicles often contain hazardous materials such as batteries, refrigerants, mercury switches, lead battery connectors, and more. Recycling end-of-life vehicles can develop a circular economy and reduce harm to the environment. At present, the international automobile recycling industry has a history of about 75 years. Automobiles are the most recycled consumer goods in the world, and governments around the world have been imposing high taxes on imported raw steel to maintain commodity prices and promote material recycling. The automotive recycling industry is growing rapidly due to the widespread use of scrap metal by automakers to manufacture vehicles to control costs, coupled with the growing awareness of the environmental benefits of using recycled materials due to awareness of the need to reduce dependence on natural resources. According to the Automobile Recycling Association, approximately 27 million end-of-life vehicles are recycled globally each year. 75% of cars in Europe are recycled. With more than 12 million vehicles recycled in the United States each year, the auto recycling industry ranks 16th in the United States and contributes $25 billion to the nation's GDP annually. About 86 percent of auto parts are recyclable, and about 95 percent of end-of-life vehicles are recycled each year. Among them, Safelite AutoGlass, the largest windshield recycling company in the United States, recycled 1.76 million windshields in 2016, and a total of 6 million windshields have been recycled since 2012. The above data show that the global automobile recycling industry is in a period of development and growth, and recycling end-of-life vehicles is the best strategy to deal with environmental challenges and increase the benefits of circular economy. Windshield PVB Recycling, as part of the automotive recycling industry, will continue to expand the market size.

Increased Environmental Trends

Windshield PVB Recycling can reduce the amount of landfill waste, improve climate issues, save resources and promote economic development. According to the EPA report, glass is one of the least biodegradable materials in the world, meaning it can be recycled indefinitely without loss of quality. More than 300 million vehicles in North America are equipped with PVB laminated windshields. More than 5% of windshields are damaged each year. Glass accounts for approximately 5% by weight of waste, and recycling glass can reduce collection and disposal costs in landfills. Glass manufacturing is an energy-intensive process that consumes large amounts of fossil fuels or electricity. For every six tons of recycled container glass used in glass production, one ton of CO2 is avoided. Windshield PVB Recycling not only significantly reduces the need for energy that is harmful to the environment, but also provides up to 95% replacement of raw materials. For every ton of glass recycled, more than a ton of natural resources are saved, including 1,300 pounds of sand, 410 pounds of soda ash, 380 pounds of limestone, 160 pounds of feldspar, and more. A normal glass recycling plant needs about 8-10 workers, and an additional 1 worker is needed for the glass landfill process. The jobs created by glass recycling businesses contribute to local economic progress. Therefore, the environmentally friendly development of Windshield PVB Recycling industry conforms to the increasing environmental protection trend in today's society, and the improvement of environmental protection awareness promotes the continuous expansion of Windshield PVB Recycling enterprises.

Region Overview:

In 2021, the share of the Windshield PVB Recycling market in Europe stood at 30.47%.

Company Overview

Shark Solutions, Dlubak Glass, Saperatec GmbH were the top 3 players in the Windshield PVB Recycling market in 2022, taking up a market share of 48.38% together.

Segmentation Overview:

By type, PVB particles segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Textile & Carpet segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Windshield PVB Recycling market covered in Chapter 3:

Dlubak Glass
Shark Solutions
Saperatec GmbH
ECOMAX TEXTILE
Laxmi Polymers

In Chapter 4 and Chapter 14.2, on the basis of types, the Windshield PVB Recycling market from 2018 to 2029 is primarily split into:

PVB particles
PVB powder
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Windshield PVB Recycling market from 2018 to 2029 covers:

Rubber products
Textile & Carpet
Paint
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)