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PUBLISHER: KBV Research | PRODUCT CODE: 1522072
PUBLISHER: KBV Research | PRODUCT CODE: 1522072
Europe Polyvinyl Butyral Market Size, Share & Trends Analysis Report By Application, By End-use, By Country and Growth Forecast, 2024 - 2031
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The Europe Polyvinyl Butyral (PVB) Market would witness market growth of 5.8% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1,12,079.9 tonnes, showcasing a growth of 23.9% (2020-2023).
Polyvinyl Butyral (PVB) finds extensive use in the Paint & Coating industry across various applications due to its versatile properties. Primarily utilized as a resin or binder, PVB enhances the adhesion, durability, and flexibility of coatings, making it indispensable in architectural coatings, automotive coatings, and industrial coatings. In architectural coatings, PVB contributes to the formulation of durable and weather-resistant paints for exterior surfaces, such as building facades and bridges, providing excellent adhesion to substrates and resistance to harsh environmental conditions. Thus, the Germany market consumed 6,706.75 tonnes of this chemical for paint and coatings applications in 2023.
The Germany market dominated the Europe Polyvinyl Butyral (PVB) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $351.4 million by 2031. The UK market is exhibiting a CAGR of 4.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.7% during (2024 - 2031).
PVB provides strong adhesion to glass and other surfaces, ensuring that the layers within the solar panel remain securely bonded. Over time, this stability is critical for preserving the structural integrity of the panels. PVB's robustness contributes to the long lifespan of solar panels. It protects the PV cells from environmental factors such as moisture, mechanical stress, and temperature variations, which can degrade the cells and reduce their efficiency.
The optical clarity PVB provides is crucial for electronic displays to ensure sharp and vibrant images. This property is crucial for smartphones, tablets, computers, and television applications where high display quality is a key selling point. PVB helps minimize visual distortions and improve the viewing experience, which is particularly important in high-resolution and high-definition displays.
According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the UK automotive sector with its varied products, encompassing volume, premium, and niche vehicles. Similarly, the most recent data available (December 2022) from the International Trade Administration (ITA) indicates that the automotive sector generated €92.7 billion in revenue in 2022, representing 9.3% of Italy's manufacturing turnover and 5.2% of the country's GDP. Italy produced 782,629 vehicles in 2022 (including 486,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses). In 2022, 1,335,487 new cars were registered. Thus, all these factors will uplift the regional market's expansion in the coming years.
Based on Application, the market is segmented into Films & Sheets, Paint & Coatings, Adhesives, and Others. Based on End-use, the market is segmented into Automotive, Construction, Electronics & Electricals, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Kuraray Co., Ltd.
- Eastman Chemical Company
- Sekisui Chemical Co. Ltd.
- Chang Chun Group
- Huakai Plastic (Chongqing) Co.,Ltd.
- Everlam BV
- Tridev Resins (India) Pvt. Ltd.
- WMC Glass
- Perry Chemical Corp.
- Shark Solutions ApS
Europe Polyvinyl Butyral (PVB) Market Report Segmentation
By Application (Volume, Tonnes, USD Billion, 2020-2031)
- Films & Sheets
- Paint & Coatings
- Adhesives
- Others
By End-use (Volume, Tonnes, USD Billion, 2020-2031)
- Automotive
- Construction
- Electronics & Electricals
- Others
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Polyvinyl Butyral (PVB) Market, by Application
- 1.4.2 Europe Polyvinyl Butyral (PVB) Market, by End-use
- 1.4.3 Europe Polyvinyl Butyral (PVB) Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. Europe Polyvinyl Butyral (PVB) Market by Application
- 5.1 Europe Films & Sheets Market by Country
- 5.2 Europe Paint & Coatings Market by Country
- 5.3 Europe Adhesives Market by Country
- 5.4 Europe Others Market by Country
Chapter 6. Europe Polyvinyl Butyral (PVB) Market by End-use
- 6.1 Europe Automotive Market by Country
- 6.2 Europe Construction Market by Country
- 6.3 Europe Electronics & Electricals Market by Country
- 6.4 Europe Others Market by Country
Chapter 7. Europe Polyvinyl Butyral (PVB) Market by Country
- 7.1 Germany Polyvinyl Butyral (PVB) Market
- 7.1.1 Germany Polyvinyl Butyral (PVB) Market by Application
- 7.1.2 Germany Polyvinyl Butyral (PVB) Market by End-use
- 7.2 UK Polyvinyl Butyral (PVB) Market
- 7.2.1 UK Polyvinyl Butyral (PVB) Market by Application
- 7.2.2 UK Polyvinyl Butyral (PVB) Market by End-use
- 7.3 France Polyvinyl Butyral (PVB) Market
- 7.3.1 France Polyvinyl Butyral (PVB) Market by Application
- 7.3.2 France Polyvinyl Butyral (PVB) Market by End-use
- 7.4 Russia Polyvinyl Butyral (PVB) Market
- 7.4.1 Russia Polyvinyl Butyral (PVB) Market by Application
- 7.4.2 Russia Polyvinyl Butyral (PVB) Market by End-use
- 7.5 Spain Polyvinyl Butyral (PVB) Market
- 7.5.1 Spain Polyvinyl Butyral (PVB) Market by Application
- 7.5.2 Spain Polyvinyl Butyral (PVB) Market by End-use
- 7.6 Italy Polyvinyl Butyral (PVB) Market
- 7.6.1 Italy Polyvinyl Butyral (PVB) Market by Application
- 7.6.2 Italy Polyvinyl Butyral (PVB) Market by End-use
- 7.7 Rest of Europe Polyvinyl Butyral (PVB) Market
- 7.7.1 Rest of Europe Polyvinyl Butyral (PVB) Market by Application
- 7.7.2 Rest of Europe Polyvinyl Butyral (PVB) Market by End-use
Chapter 8. Company Profiles
- 8.1 Kuraray Co., Ltd.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
- 8.2 Eastman Chemical Company
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 SWOT Analysis
- 8.3 Sekisui Chemical Co., Ltd.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
- 8.4 Chang Chun Group
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Huakai Plastic (Chongqing) Co.,Ltd.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Everlam BV
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Tridev Resins (India) Pvt. Ltd.
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 WMC Glass
- 8.8.1 Company Overview
- 8.9 Perry Chemical Corp.
- 8.9.1 Company Overview
- 8.10. Shark Solutions ApS
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Europe Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 2 Europe Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 3 Europe Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 4 Europe Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 5 Europe Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 6 Europe Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 7 Europe Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 8 Europe Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 9 Europe Films & Sheets Market by Country, 2020 - 2023, USD Million
- TABLE 10 Europe Films & Sheets Market by Country, 2024 - 2031, USD Million
- TABLE 11 Europe Films & Sheets Market by Country, 2020 - 2023, Tonnes
- TABLE 12 Europe Films & Sheets Market by Country, 2024 - 2031, Tonnes
- TABLE 13 Europe Paint & Coatings Market by Country, 2020 - 2023, USD Million
- TABLE 14 Europe Paint & Coatings Market by Country, 2024 - 2031, USD Million
- TABLE 15 Europe Paint & Coatings Market by Country, 2020 - 2023, Tonnes
- TABLE 16 Europe Paint & Coatings Market by Country, 2024 - 2031, Tonnes
- TABLE 17 Europe Adhesives Market by Country, 2020 - 2023, USD Million
- TABLE 18 Europe Adhesives Market by Country, 2024 - 2031, USD Million
- TABLE 19 Europe Adhesives Market by Country, 2020 - 2023, Tonnes
- TABLE 20 Europe Adhesives Market by Country, 2024 - 2031, Tonnes
- TABLE 21 Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 22 Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 23 Europe Others Market by Country, 2020 - 2023, Tonnes
- TABLE 24 Europe Others Market by Country, 2024 - 2031, Tonnes
- TABLE 25 Europe Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 26 Europe Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 27 Europe Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 28 Europe Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 29 Europe Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 30 Europe Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 31 Europe Automotive Market by Country, 2020 - 2023, Tonnes
- TABLE 32 Europe Automotive Market by Country, 2024 - 2031, Tonnes
- TABLE 33 Europe Construction Market by Country, 2020 - 2023, USD Million
- TABLE 34 Europe Construction Market by Country, 2024 - 2031, USD Million
- TABLE 35 Europe Construction Market by Country, 2020 - 2023, Tonnes
- TABLE 36 Europe Construction Market by Country, 2024 - 2031, Tonnes
- TABLE 37 Europe Electronics & Electricals Market by Country, 2020 - 2023, USD Million
- TABLE 38 Europe Electronics & Electricals Market by Country, 2024 - 2031, USD Million
- TABLE 39 Europe Electronics & Electricals Market by Country, 2020 - 2023, Tonnes
- TABLE 40 Europe Electronics & Electricals Market by Country, 2024 - 2031, Tonnes
- TABLE 41 Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 Europe Others Market by Country, 2020 - 2023, Tonnes
- TABLE 44 Europe Others Market by Country, 2024 - 2031, Tonnes
- TABLE 45 Europe Polyvinyl Butyral (PVB) Market by Country, 2020 - 2023, USD Million
- TABLE 46 Europe Polyvinyl Butyral (PVB) Market by Country, 2024 - 2031, USD Million
- TABLE 47 Europe Polyvinyl Butyral (PVB) Market by Country, 2020 - 2023, Tonnes
- TABLE 48 Europe Polyvinyl Butyral (PVB) Market by Country, 2024 - 2031, Tonnes
- TABLE 49 Germany Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 50 Germany Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 51 Germany Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 52 Germany Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 53 Germany Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 54 Germany Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 55 Germany Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 56 Germany Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 57 Germany Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 58 Germany Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 59 Germany Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 60 Germany Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 61 UK Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 62 UK Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 63 UK Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 64 UK Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 65 UK Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 66 UK Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 67 UK Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 68 UK Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 69 UK Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 70 UK Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 71 UK Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 72 UK Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 73 France Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 74 France Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 75 France Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 76 France Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 77 France Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 78 France Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 79 France Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 80 France Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 81 France Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 82 France Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 83 France Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 84 France Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 85 Russia Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 86 Russia Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 87 Russia Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 88 Russia Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 89 Russia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 90 Russia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 91 Russia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 92 Russia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 93 Russia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 94 Russia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 95 Russia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 96 Russia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 97 Spain Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 98 Spain Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 99 Spain Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 100 Spain Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 101 Spain Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 102 Spain Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 103 Spain Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 104 Spain Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 105 Spain Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 106 Spain Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 107 Spain Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 108 Spain Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 109 Italy Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 110 Italy Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 111 Italy Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 112 Italy Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 113 Italy Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 114 Italy Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 115 Italy Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 116 Italy Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 117 Italy Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 118 Italy Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 119 Italy Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 120 Italy Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 121 Rest of Europe Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 122 Rest of Europe Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 123 Rest of Europe Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 124 Rest of Europe Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 125 Rest of Europe Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 126 Rest of Europe Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 127 Rest of Europe Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 128 Rest of Europe Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 129 Rest of Europe Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 130 Rest of Europe Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 131 Rest of Europe Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 132 Rest of Europe Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 133 Key Information - kuraray europe gmbh
- TABLE 134 Key Information - Eastman Chemical Company
- TABLE 135 Key Information - Sekisui Chemical Co., Ltd.
- TABLE 136 Key Information - Chang Chun Group
- TABLE 137 Key Information - Huakai Plastic (Chongqing) CO., LTD.
- TABLE 138 Key Information - Everlam BV
- TABLE 139 Key Information - Tridev Resins (India) Pvt. Ltd.
- TABLE 140 Key Information - WMC Glass
- TABLE 141 Key Information - Perry Chemical Corp.
- TABLE 142 Key Information - Shark Solutions ApS
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