PVB Interlayer Market: Trends, Opportunities and Competitive Analysis [2023-2028]

PVB Interlayer Market Trends and Forecast

The future of the global PVB interlayer market looks promising with opportunities in the automotive, building & construction, and photovoltaic end use industries. The global PVB interlayer market is expected to reach an estimated $5.86 billion by 2028 with a CAGR of 7.0% from 2023 to 2028. The major drivers for this market are increasing automotive production, introduction of stringent glass safety regulations, and growing demand for renewable sources for energy generation, globally.

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PVB Interlayer Market by Segment

The study includes trends and forecast for the global PVB interlayer market by type, end use industry, and region, as follows:

PVB Interlayer Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Standard PVB Interlayer
• Structural PVB Interlayer

PVB Interlayer Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

• Automotive
• Building & Construction
• Photovoltaic

PVB Interlayer Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of PVB Interlayer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, PVB interlayer companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PVB interlayer companies profiled in this report include:

• Eastman Chemical Company
• Kuraray
• Sekisui Chemicals
• Huakai Plastic
• Everlam
• Genau Manufacturing Company
• KB PVB
• Chang Chun Group

PVB Interlayer Market Insights

• Lucintel forecasts that standard PVB interlayer will remain the larger type segment over the forecast period because it is used in more than 70% of various laminated glass applications owing to its enhanced safety and security performance. Standard PVB interlayer also ensures improvement in the acoustic and UV protection performance of glass.
• Within this market, photovoltaic is expected to remain the end use industry segment with the highest growth because it provides benefits over other plastic materials encapsulating in the photovoltaic modules.
• APAC will remain the largest region during the forecast period due to increasing production of electric vehicles and growing number of building & construction projects in countries, such as China, India, Japan, and South Korea, in the region.

Features of the PVB Interlayer Market

• Market Size Estimates: PVB interlayer market size estimation in terms of value ($B)
• Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: PVB interlayer market size by various segments, such as by type, end use industry, and region
• Regional Analysis: PVB interlayer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different types, end use industries, and regions for the PVB interlayer market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the PVB interlayer market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

• Q1. What is the PVB interlayer market size?
• Answer: The global PVB interlayer market is expected to reach an estimated $5.86 billion by 2028.
• Q2. What is the growth forecast for PVB interlayer market?
• Answer: The global PVB interlayer market is expected to grow with a CAGR of 7.0% from 2023 to 2028.
• Q3. What are the major drivers influencing the growth of the PVB interlayer market?
• Answer: The major drivers for this market are increasing automotive production, introduction of stringent glass safety regulations, and growing demand for renewable sources for energy generation, globally.
• Q4. What are the major segments for PVB interlayer market?
• Answer: The future of the global PVB interlayer market looks promising with opportunities in the automotive, building & construction, and photovoltaic end use industries.
• Q5. Who are the key PVB interlayer companies?
• Answer: Some of the key PVB interlayer companies are as follows:
  • Eastman Chemical Company
  • Kuraray
  • Sekisui Chemicals
  • Huakai Plastic
  • Everlam
  • Genau Manufacturing Company
  • KB PVB
  • Chang Chun Group
• Q6. Which PVB interlayer segment will be the largest in future?
• Answer:Lucintel forecasts that standard PVB interlayer will remain the larger type segment over the forecast period because it is used in more than 70% of various laminated glass applications owing to its enhanced safety and security performance and ensures improvement in the acoustic and UV protection performance of glass.
• Q7. In PVB interlayer market, which region is expected to be the largest in next 5 years?
• Answer: APAC will remain the largest region during the forecast period due to increasing production of electric vehicles and growing number of building & construction projects in countries, such as China, India, Japan, and South Korea, in the region.
• Q8. Do we receive customization in this report?
• Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the global PVB interlayer market by type (standard PVB interlayer and structural PVB interlayer), end use industry (automotive, building & construction, and photovoltaic), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?