PVB Interlayers Market Research Report: By Type (Structural PVB Interlayer, Standard PVB Interlayer) and By Application (Automotive, Construction, Photovoltaic Cells) – Forecast to 2030

Market Forecast

Global PVB Interlayers Market is forecast to register a CAGR of 7.5% to reach USD 5 Billion by 2025.

Polyvinyl butyral (PVB) is a resin valued for its properties of strong binding, optical clarity, and adhesion to many compounds. PVB interlayers are used in the manufacture of safety glass in the automotive and construction industries and in photovoltaic cells.

The growth of the automotive industry and construction boom are expected to drive market growth. Manufacturers are making inroads into the medical industry as the use of PVB interlayers keeps products sterile and discourages the growth of microorganisms.

Market USP

Market growth is expected to be driven by the demand for renewable energy due to widespread international support for renewable energy production. The traditional utility of PVB interlayers in the creation of safety glass is only growing with the expansion of the automotive and construction industries.

Market Drivers

• PVB has gained acceptance as a laminate to be used in photovoltaic solar cells


• Increased automobile production and stringent safety glass regulations


• Widespread use in the construction of multi-story buildings where the use of safety glass is mandated for higher floors


• Low manufacturing costs


• Excellent metal bonding properties


• Blocks harmful UV rays


• Emphasis on renewable sources of energy is propelling the use of photovoltaics

Market Restraints

• Availability of substitutes

• Prone to moisture absorption, making it unsuitable for use in humid environments.

Segmentation

By Type

• Structural PVB Interlayer: Used when glass adhesion and rigidity are priorities

• Standard PVB Interlayer: Commanding a larger market share, this type of PVB interlayer is used in the automotive industry and in photovoltaic cells.

By Application

• Automotive: The largest application segment, the increased production of automobiles is fueling the growth of the segment.

• Construction: The increase in the development of multistory buildings and skyscrapers is fueling demand for the PVB interlayers.

• Photovoltaic Cells: Segment with the highest growth rate owing to a global increase in demand for renewable sources of energy.

By Region

• North America


• Europe


• Asia-Pacific


• Latin America


• Middle East & Africa

Regional Analysis

• North America: An established automotive industry and emphasis on renewable energy sources is propelling the growth of the North American market.

• Europe: Renewable energy production is growing in Europe, driving market growth.

• Asia-Pacific: The largest and fastest-growing market for PVB interlayers due to high automobile production and an expanding construction industry.

• Latin America: A small but well-established automotive industry is fueling the growth of the market.

• Middle East & Africa: This region has the highest sunshine hours in a year in the world, offering the potential for power generation using solar panels .

Key Players

• Eastman Chemical Company (US)


• Kuraray (Japan)


• Sekisui Chemical Co., Ltd (Japan)


• Everlam NV (Belgium)


• Genau PVB (India)


• Chang Chun Group (Taiwan)


• DuLite PVB Film (Taiwan)


• Huakai Plastic (Chongqing) Co., Ltd (China)


• Tiantai Kanglai Industrial Co.,Ltd (China)


• JE Berkowitz (US)


• Jiangsu Daruihengte Technology & Science Co., Ltd (China)


• Kingboard (Fogang) Specialty Resins Limited (China)