세계의 폴리비닐부티랄(PVB) 시장 규모, 점유율, 성장 분석 : 용도별, 최종 이용 산업별, 지역별 - 산업 예측(2025-2032년)

Polyvinyl Butyral Market size was valued at USD 5.62 billion in 2023 and is poised to grow from USD 5.98 billion in 2024 to USD 9.82 billion by 2032, growing at a CAGR of 6.4% during the forecast period (2025-2032).

The automotive and construction industries are driving robust growth in the polyvinyl butyral (PVB) market, attributed to PVB's exceptional durability, chemical stability, and sound insulation properties. PVB films prevent accidents in buildings with their anti-shocking and anti-break-in features, leading to increased demand for laminated glass solutions in residential and commercial sectors. The recent $1.2 trillion U.S. infrastructure bill is expected to amplify construction activity, further boosting PVB adoption in architectural applications, particularly in airport and railway projects. Innovations in sustainability, such as Kuraray's Life Cycle Assessment, highlight areas for improvement in PVB products, while Eastman's recent launch of bird-safe PVB interlayers offers new design options, appealing to modern architectural standards without sacrificing aesthetics.

Top-down and bottom-up approaches were used to estimate and validate the size of the Polyvinyl Butyral market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Polyvinyl Butyral Market Segments Analysis

Global Polyvinyl Butyral Market is segmented by Application, End-Use Industry and region. Based on Application, the market is segmented into Film & Sheets, Paints & Coatings, Adhesives and Others. Based on End-Use Industry, the market is segmented into Automotive, Construction, Electronics & Electricals and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Polyvinyl Butyral Market

The Polyvinyl Butyral (PVB) market is significantly influenced by the rise in renewable energy initiatives, particularly in solar energy production. This trend is bolstering the demand for PVB, which is utilized as an encapsulant in photovoltaic (PV) modules. PVB encapsulants play a crucial role in protecting PV cells from environmental factors like moisture and dust, ensuring their performance and longevity. As the global capacity for solar photovoltaic systems continues to grow at an accelerated pace, there is a corresponding surge in the requirement for high-quality encapsulation materials, such as polyvinyl butyral, to meet this expanding market need.

Restraints in the Polyvinyl Butyral Market

The polyvinyl butyral (PVB) market is significantly constrained by various environmental concerns. One of the primary issues is PVB's lack of biodegradability, raising alarms about its impact on the environment during both recycling and disposal processes. Improper disposal methods can lead to environmental pollution, exacerbating waste management challenges. Additionally, the recycling of PVB is complicated by both technical difficulties and economic hurdles, which further impede the implementation of sustainable practices within the industry. These factors collectively hinder the growth and adoption of PVB, emphasizing the need for improved management strategies to address environmental impacts.

Market Trends of the Polyvinyl Butyral Market

The polyvinyl butyral (PVB) market is witnessing significant growth fueled by technological advancements aimed at sustainability. As environmental consciousness rises, the demand for eco-friendly alternatives is compelling manufacturers to innovate. Companies are now focusing on the development of bio-based PVB solutions and recycling-friendly PVB products, which not only address the concerns surrounding non-biodegradable materials but also align with the global shift towards sustainability. This strategic investment in greener technologies is expected to provide businesses with a competitive edge, positioning them favorably in an evolving market landscape characterized by increasing regulatory pressures and consumer preference for environmentally responsible products.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Polyvinyl Butyral Market Size by Application & CAGR (2025-2032)

• Market Overview
• Film & Sheets
• Paints & Coatings
• Adhesives
• Others

Global Polyvinyl Butyral Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• Automotive
• Construction
• Electronics & Electricals
• Others

Global Polyvinyl Butyral Market Size & CAGR (2025-2032)

• North America (Application, End-Use Industry)
  • US
  • Canada
• Europe (Application, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Eastman Chemical Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sekisui Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuraray Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chang Chun Petrochemical Co., Ltd. (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EVERLAM (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DuPont de Nemours, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solutia Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huakai Plastic (Chongqing) Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kingboard Chemical Holdings Ltd. (Hong Kong)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tiantai Kanglai Industrial Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Daruihengte Technology & Science Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhejiang Pulijin Plastic Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Anhui Wanwei Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Qingdao Jinuo New Materials Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• 3M Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shenzhen Lifeng Plastic Products Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wuhan Honghui New Material Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangxi Rongxin New Materials Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Guangzhou Aojisi New Material Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhejiang Decent Plastic Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations