GITNUX MARKETDATA REPORT 2024

Polyvinyl Butyral Industry Statistics

The Polyvinyl Butyral industry is expected to experience steady growth in the coming years due to increasing demand in the automotive and construction sectors.

With sources from: grandviewresearch.com, statista.com, marketsandmarkets.com, alliedmarketresearch.com and many more

Statistic 1

DuPont and Eastman Chemical Company are among the leading players in the PVB market.

Statistic 2

The global demand for PVB resin in the construction industry is growing due to increased safety standards.

Statistic 3

The PVB market in Latin America is expected to see a CAGR of 4.5% by 2028.

Statistic 4

The PVB-based paint and coatings segment is projected to see steady growth of around 5% CAGR.

Statistic 5

The PVB market is expected to grow at a compound annual growth rate (CAGR) of around 6% from 2021 to 2028.

Statistic 6

The automotive laminated glass sector holds around 45% of the market volume share for PVB use.

Statistic 7

North America holds around 25% of the global PVB market share.

Statistic 8

Germany and France are the key countries driving the PVB market growth in Europe.

Statistic 9

The laminated glass segment holds a dominant share of over 60% in the global PVB market.

Statistic 10

The global polyvinyl butyral (PVB) market was valued at approximately $3.5 billion in 2020.

Statistic 11

The building and construction segment accounts for about 30% of the PVB market.

Statistic 12

The PVB film and sheet market segment is estimated to reach $4.6 billion by 2025.

Statistic 13

Japan and China together contribute over 50% of the Asia-Pacific PVB market.

Statistic 14

Advances in PVB film technologies are pushing the market growth in Europe and North America.

Statistic 15

The demand for PVB resin in the automotive sector is projected to grow at 5% CAGR from 2021 to 2028.

Statistic 16

Approximately 5% of PVB is used in photovoltaic cells and other renewable energy applications.

Statistic 17

Approximately 40% of PVB produced is used in the automotive industry for laminated safety glass.

Statistic 18

Asia-Pacific is the fastest-growing region in the PVB market with a CAGR of 7.2%.

Statistic 19

Europe contributes to roughly 35% of the global PVB market.

Statistic 20

The recycled PVB market is gaining traction with a growth potential of 6% CAGR.

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In this post, we explore the dynamic landscape of the polyvinyl butyral (PVB) industry, highlighting key statistics and trends shaping the market. From the significant players like DuPont and Eastman Chemical Company to the growing demand in sectors such as construction and automotive, the PVB market is witnessing notable developments worldwide. Join us as we delve into the latest statistics and projections that offer insights into the future of PVB industry growth and applications.

Statistic 1

"DuPont and Eastman Chemical Company are among the leading players in the PVB market."

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Statistic 2

"The global demand for PVB resin in the construction industry is growing due to increased safety standards."

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Statistic 3

"The PVB market in Latin America is expected to see a CAGR of 4.5% by 2028."

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Statistic 4

"The PVB-based paint and coatings segment is projected to see steady growth of around 5% CAGR."

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Statistic 5

"The PVB market is expected to grow at a compound annual growth rate (CAGR) of around 6% from 2021 to 2028."

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Statistic 6

"The automotive laminated glass sector holds around 45% of the market volume share for PVB use."

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Statistic 7

"North America holds around 25% of the global PVB market share."

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Statistic 8

"Germany and France are the key countries driving the PVB market growth in Europe."

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Statistic 9

"The laminated glass segment holds a dominant share of over 60% in the global PVB market."

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Statistic 10

"The global polyvinyl butyral (PVB) market was valued at approximately $3.5 billion in 2020."

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Statistic 11

"The building and construction segment accounts for about 30% of the PVB market."

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Statistic 12

"The PVB film and sheet market segment is estimated to reach $4.6 billion by 2025."

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Statistic 13

"Japan and China together contribute over 50% of the Asia-Pacific PVB market."

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Statistic 14

"Advances in PVB film technologies are pushing the market growth in Europe and North America."

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Statistic 15

"The demand for PVB resin in the automotive sector is projected to grow at 5% CAGR from 2021 to 2028."

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Statistic 16

"Approximately 5% of PVB is used in photovoltaic cells and other renewable energy applications."

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Statistic 17

"Approximately 40% of PVB produced is used in the automotive industry for laminated safety glass."

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Statistic 18

"Asia-Pacific is the fastest-growing region in the PVB market with a CAGR of 7.2%."

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Statistic 19

"Europe contributes to roughly 35% of the global PVB market."

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Statistic 20

"The recycled PVB market is gaining traction with a growth potential of 6% CAGR."

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Interpretation

The polyvinyl butyral industry is experiencing significant growth and evolution, driven by key players such as DuPont and Eastman Chemical Company. The demand for PVB resin in construction and automotive industries is on the rise, with market projections indicating steady growth rates. Regions like Latin America and Asia-Pacific are positioned as leading growth opportunities, while Europe and North America continue to drive market expansion through technological advancements. The market's diverse applications, from automotive safety glass to renewable energy technologies, showcase the versatility and promising outlook of the PVB market. With a strong emphasis on safety standards and sustainability, the industry is poised for continued growth and innovation in the coming years.

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