Year | Value |
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2024 | USD 2.63 Billion |
2035 | USD 5.46 Billion |
CAGR (2025-2035) | 6.98 % |
Note – Market size depicts the revenue generated over the financial year
The world polyvinyl butyral (PVB) market is estimated to reach a size of $2,633,893,400 in 2024, which is projected to reach $ 5,467,125,000 by 2035. This growth is a result of a strong CAGR of 6.98% from 2025 to 2035. The key driver of this growth is the rising demand for PVB in various applications, especially in the automotive and construction industries. The safety regulations are becoming more and more stringent, and the need for high-performance interlayer materials in laminated glass is expected to increase. In addition, the technological development of the manufacturing process and the formulation of new types of PVB have a positive effect on the market. The major companies in the industry, such as Eastman, Kuraray and Sekisui, are actively pursuing the strategy of establishing strategic alliances and increasing R & D investment to enhance their product offerings and expand their market share. The recent launch of green PVB products reflects the trend towards the development of sustainable industries. These factors all indicate that the market for PVB will continue to grow in the coming years.
The polyvinyl butyral (PVB) market is growing dynamically in many regions, mainly driven by increasing demand from the automobile and construction industries. In North America, the market is characterized by a strong presence of leading manufacturers and a focus on innovation, especially in safety glass applications. Europe, with its stringent regulations, is promoting the use of PVB in sustainable building practices. The Asia-Pacific region is experiencing rapid industrialization and urbanization, which is driving demand for a wide range of applications. The Middle East and Africa are experiencing growth, mainly in the construction industry, while Latin America is gradually embracing the use of PVB in the automobile and architectural industries.
“Polyvinyl butyral is not only used for the manufacture of automobile safety glass, but also plays a significant role in the manufacture of solar cells, making them more durable and effective.” — International Journal of Renewable Energy Research
Polyvinyl Butyral (PVB) is a key market for the entire market, with a primary application as an interlayer for laminated glass. This market is currently experiencing stable growth, with increased demand from the automobile and construction industries. This growth is driven by a combination of stricter regulations for the use of laminated glass, as well as the growing preference for high-performance glass with soundproofing and sun protection.
The use of polyvinylidene is now at a mature stage, and leading companies such as Eastman Kodak and Kuraray Co. are putting a great deal of effort into its development. Polyvinylidene is used in automobile glass and glass facades. It increases both the safety and the structural strength of the glass. In recent years, owing to the “green” movement, manufacturers are concentrating on reducing the use of polyvinylidene and on developing methods of reusing and re-cycling it. In addition, improvements in the production technology, such as improved polymerization processes, are contributing to the development of products with higher quality and performance.
The Polyvinyl Butyral (PVB) market is expected to grow at a CAGR of 6.98 per cent from 2024 to 2035. The demand for the product is primarily being driven by the rising demand for automobiles and construction, where its use in laminated safety glass is becoming a necessity. The use of PVB in automobiles is expected to reach around 70 per cent in 2035, up from the current 55 per cent. In the construction industry, the growing focus on energy-efficient and sustainable building materials will drive the use of the product in architectural applications.
The development of high-performance PVB films and the integration of recycled materials into the production of PVB films will enhance the product range and meet the evolving preferences of consumers. Furthermore, government support for the use of sustainable materials and the reduction of carbon footprints will support the growth of the market. Lastly, the growing use of smart glass technology and the increasing emphasis on safety and the long-term performance of building materials will also have a major impact on the market. These factors will not only increase the size of the market but also lead to an expansion in its applications, making it a vital component of various industries.
Covered Aspects:Report Attribute/Metric | Details |
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Growth Rate |   5.8% (2022–2030) |
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