PUBLISHER: KBV Research | PRODUCT CODE: 1522073
PUBLISHER: KBV Research | PRODUCT CODE: 1522073
Asia Pacific Polyvinyl Butyral Market Size, Share & Trends Analysis Report By Application, By End-use, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Polyvinyl Butyral (PVB) Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 2,28,781.6 tonnes, showcasing a growth of 24.6% (2020-2023).
Polyvinyl Butyral (PVB) serves a multitude of purposes in the adhesives industry, thanks to its unique properties and versatile applications. PVB adhesives are widely utilized in industries such as construction, automotive, and aerospace for bonding various substrates including glass, metals, and plastics. In the construction sector, PVB adhesives are favored for their strong adhesion properties, making them ideal for laminating glass panels in architectural structures. Thus, the China market consumed 5,623.46 tonnes of this chemical in adhesives applications in 2023.
The China market dominated the Asia Pacific Others Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $52.4 million by 2031. The Japan market is registering a CAGR of 6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.3% during (2024 - 2031).
PVB coatings impart water resistance to textiles and leather, preventing moisture penetration and reducing the risk of water damage. The coatings also provide stain resistance, making cleaning and maintaining the materials easier by preventing liquids and dirt from adhering to the surface. PVB maintains the natural flexibility and softness of textiles and leather, ensuring the coated materials remain comfortable and pliable.
Furthermore, the construction industry increasingly adopts laminated safety glass for windows, doors, facades, and skylights to enhance building safety and security. PVB serves as a critical interlayer in laminated safety glass, holding glass fragments together upon impact, thus reducing the risk of injuries from broken glass. Architects and designers can use the flexibility and aesthetic alternatives offered by PVB-based laminated glass to create more creative and visually arresting building designs.
Australia's population is growing, driven by immigration and the increase in the natural population. Urbanization and demand for residential and commercial buildings in Australia are increasing. The expansion of construction work in Australia increases the demand for architectural glass, including laminated safety glass made with PVB interlayers. Australia invests in infrastructure development projects to support economic growth and urban development. In Australia, a wide range of functionalities, including highways, bridges, tunnels, and public transport systems, necessitate the use of safety glass. In Australia, commercial and residential construction is on the rise in response to the expanding need for retail establishments, office space, and housing. PVB-based laminated safety glass is used in commercial and residential buildings' windows, doors, facades, and interior partitions to enhance safety, security, and aesthetics in Australia. The Australian Bureau of Statistics reports that Australia's construction work increased by 0.7% to $65,440.5 m in the December 2023 quarter. Therefore, due to the above-mentioned factors, the polyvinyl butyral (PVB) market will grow significantly in this region.
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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
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
Asia Pacific 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)
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Polyvinyl Butyral (PVB) Market, by Application
- 1.4.2 Asia Pacific Polyvinyl Butyral (PVB) Market, by End-use
- 1.4.3 Asia Pacific 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. Asia Pacific Polyvinyl Butyral (PVB) Market by Application
- 5.1 Asia Pacific Films & Sheets Market by Country
- 5.2 Asia Pacific Paint & Coatings Market by Country
- 5.3 Asia Pacific Adhesives Market by Country
- 5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Polyvinyl Butyral (PVB) Market by End-use
- 6.1 Asia Pacific Automotive Market by Country
- 6.2 Asia Pacific Construction Market by Country
- 6.3 Asia Pacific Electronics & Electricals Market by Country
- 6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Polyvinyl Butyral (PVB) Market by Country
- 7.1 China Polyvinyl Butyral (PVB) Market
- 7.1.1 China Polyvinyl Butyral (PVB) Market by Application
- 7.1.2 China Polyvinyl Butyral (PVB) Market by End-use
- 7.2 Japan Polyvinyl Butyral (PVB) Market
- 7.2.1 Japan Polyvinyl Butyral (PVB) Market by Application
- 7.2.2 Japan Polyvinyl Butyral (PVB) Market by End-use
- 7.3 India Polyvinyl Butyral (PVB) Market
- 7.3.1 India Polyvinyl Butyral (PVB) Market by Application
- 7.3.2 India Polyvinyl Butyral (PVB) Market by End-use
- 7.4 South Korea Polyvinyl Butyral (PVB) Market
- 7.4.1 South Korea Polyvinyl Butyral (PVB) Market by Application
- 7.4.2 South Korea Polyvinyl Butyral (PVB) Market by End-use
- 7.5 Australia Polyvinyl Butyral (PVB) Market
- 7.5.1 Australia Polyvinyl Butyral (PVB) Market by Application
- 7.5.2 Australia Polyvinyl Butyral (PVB) Market by End-use
- 7.6 Malaysia Polyvinyl Butyral (PVB) Market
- 7.6.1 Malaysia Polyvinyl Butyral (PVB) Market by Application
- 7.6.2 Malaysia Polyvinyl Butyral (PVB) Market by End-use
- 7.7 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market
- 7.7.1 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by Application
- 7.7.2 Rest of Asia Pacific 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 Asia Pacific Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 4 Asia Pacific Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 5 Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 8 Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 9 Asia Pacific Films & Sheets Market by Country, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Films & Sheets Market by Country, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Films & Sheets Market by Country, 2020 - 2023, Tonnes
- TABLE 12 Asia Pacific Films & Sheets Market by Country, 2024 - 2031, Tonnes
- TABLE 13 Asia Pacific Paint & Coatings Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Paint & Coatings Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Paint & Coatings Market by Country, 2020 - 2023, Tonnes
- TABLE 16 Asia Pacific Paint & Coatings Market by Country, 2024 - 2031, Tonnes
- TABLE 17 Asia Pacific Adhesives Market by Country, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific Adhesives Market by Country, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific Adhesives Market by Country, 2020 - 2023, Tonnes
- TABLE 20 Asia Pacific Adhesives Market by Country, 2024 - 2031, Tonnes
- TABLE 21 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Others Market by Country, 2020 - 2023, Tonnes
- TABLE 24 Asia Pacific Others Market by Country, 2024 - 2031, Tonnes
- TABLE 25 Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 27 Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 28 Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 29 Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 30 Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 31 Asia Pacific Automotive Market by Country, 2020 - 2023, Tonnes
- TABLE 32 Asia Pacific Automotive Market by Country, 2024 - 2031, Tonnes
- TABLE 33 Asia Pacific Construction Market by Country, 2020 - 2023, USD Million
- TABLE 34 Asia Pacific Construction Market by Country, 2024 - 2031, USD Million
- TABLE 35 Asia Pacific Construction Market by Country, 2020 - 2023, Tonnes
- TABLE 36 Asia Pacific Construction Market by Country, 2024 - 2031, Tonnes
- TABLE 37 Asia Pacific Electronics & Electricals Market by Country, 2020 - 2023, USD Million
- TABLE 38 Asia Pacific Electronics & Electricals Market by Country, 2024 - 2031, USD Million
- TABLE 39 Asia Pacific Electronics & Electricals Market by Country, 2020 - 2023, Tonnes
- TABLE 40 Asia Pacific Electronics & Electricals Market by Country, 2024 - 2031, Tonnes
- TABLE 41 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 Asia Pacific Others Market by Country, 2020 - 2023, Tonnes
- TABLE 44 Asia Pacific Others Market by Country, 2024 - 2031, Tonnes
- TABLE 45 Asia Pacific Polyvinyl Butyral (PVB) Market by Country, 2020 - 2023, USD Million
- TABLE 46 Asia Pacific Polyvinyl Butyral (PVB) Market by Country, 2024 - 2031, USD Million
- TABLE 47 Asia Pacific Polyvinyl Butyral (PVB) Market by Country, 2020 - 2023, Tonnes
- TABLE 48 Asia Pacific Polyvinyl Butyral (PVB) Market by Country, 2024 - 2031, Tonnes
- TABLE 49 China Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 50 China Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 51 China Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 52 China Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 53 China Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 54 China Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 55 China Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 56 China Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 57 China Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 58 China Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 59 China Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 60 China Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 61 Japan Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 62 Japan Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 63 Japan Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 64 Japan Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 65 Japan Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 66 Japan Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 67 Japan Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 68 Japan Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 69 Japan Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 70 Japan Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 71 Japan Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 72 Japan Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 73 India Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 74 India Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 75 India Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 76 India Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 77 India Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 78 India Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 79 India Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 80 India Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 81 India Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 82 India Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 83 India Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 84 India Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 85 South Korea Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 86 South Korea Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 87 South Korea Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 88 South Korea Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 89 South Korea Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 90 South Korea Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 91 South Korea Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 92 South Korea Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 93 South Korea Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 94 South Korea Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 95 South Korea Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 96 South Korea Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 97 Australia Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 98 Australia Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 99 Australia Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 100 Australia Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 101 Australia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 102 Australia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 103 Australia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 104 Australia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 105 Australia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 106 Australia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 107 Australia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 108 Australia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 109 Malaysia Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 110 Malaysia Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 111 Malaysia Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 112 Malaysia Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 113 Malaysia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 114 Malaysia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 115 Malaysia Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 116 Malaysia Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 117 Malaysia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 118 Malaysia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 119 Malaysia Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 120 Malaysia Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, Tonnes
- TABLE 121 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market, 2020 - 2023, USD Million
- TABLE 122 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market, 2024 - 2031, USD Million
- TABLE 123 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market, 2020 - 2023, Tonnes
- TABLE 124 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market, 2024 - 2031, Tonnes
- TABLE 125 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, USD Million
- TABLE 126 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, USD Million
- TABLE 127 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2020 - 2023, Tonnes
- TABLE 128 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by Application, 2024 - 2031, Tonnes
- TABLE 129 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, USD Million
- TABLE 130 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2024 - 2031, USD Million
- TABLE 131 Rest of Asia Pacific Polyvinyl Butyral (PVB) Market by End-use, 2020 - 2023, Tonnes
- TABLE 132 Rest of Asia Pacific 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
