Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Polyvinyl butyral (PVB) is a resin commonly used for applications that demand strong optical clarity, binding, adhesion to number of surfaces, toughness and flexibility. It is made by reaction of polyvinyl alcohol with butyraldehyde. The major application of PVB is laminated safety glass for automobile windshields, residential and commercial building and photovoltaic application. Moreover, PVB interlayer can be available in colored sheets, such as for the green or blue shade band at the top edge of several automobile windshields. They can also be available in different colors for architectural laminated glass manufacture ranging from Gray, Bronze, Brown, Green, White and many more.
Growth in the United States building & construction industry, stringent automobile safety codes, and growing investment in infrastructure projects the country are major growth factors that attributed to the growth of the PVB interlayers market. Rapid growth in the United States automotive industry is further boosting the growth of the market. For instance, according to SelectUSA, the United States has one of the largest automotive markets in the globe. In 2018, U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales reached or surpassed 17 million units.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the PVB interlayers market. In addition, complete analysis of changes on PVB interlayers market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 pandemic has negatively impacted end use industries such as automotive, construction and photovoltaic industries. This is owing to the shutdown of various United States automotive manufacturing facilities and shortage of labor force and raw materials during early pandemic period.
The study analyses United States PVB interlayers market based on type, and end use industry.
Two major types such as standard PVB interlayers and structural PVB interlayers are analyzed in the United States PVB interlayers market. The standard PVB interlayers segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. However, structural PVB interlayers segment is expected to witness rapid growth in the coming years. Increasing use of standard PVB interlayers in laminated glass applications is attributed to the segment growth. Laminated glass’ safety feature is widely suitable in areas that need high-security such as money-exchange centers, banks, museums, jewellery shops, and art galleries.
Major end use industries of the United States PVB interlayers market are automotive, construction and photovoltaic. The automotive end use industry is expected to dominate the market during the estimated period. On the other side, photovoltaic and constructions segments are likely to improve the PVB interlayers market in the coming years. PVB interlayers as laminated glass, widely used in the architectural and automotive fields, comprises a protective interlayer, usually polyvinyl butyral, bonded between two panels of glass. The bonding process takes place under heat and pressure. When laminated under these conditions, the PVB interlayer becomes optically clear and binds the two panes of glass together.
The major key players of market include Eastman Chemical Company, Kuraray, Sekisui Chemicals, Everlam, KB PVB, Chang Chun Group, Dulite Co.Limited, Huakai Plastic Co., Ltd and Willing Lamiglass Materials among others.
March 2021: Eastman Chemical Company announced it is making an investment to expand and upgrade its extrusion capabilities for production of interlayers product lines at its Springfield, Massachusetts, manufacturing facility. The investment will strengthen the company’s supply capability to respond to global and regional demand for Saflex polyvinyl butyral (PVB) products in the architectural and automotive markets.
November 2020: Eastman Chemical announced the partnership with Seen, a Swiss architectural-surfaces specialist, to market a line of bird-safe interlayers for laminated architectural glass. The partnership fits in with the company’s current business in polyvinyl butyral (PVB) interlayers for automotive and architectural safety glass.
The study analyses United States PVB interlayers market based on type, and end use industry. Two major types such as standard PVB interlayers and structural PVB interlayers are analyzed in the United States PVB interlayers market. The standard PVB interlayers segment is likely to dominate the market over the forecast period. Increased adoption of standard PVB interlayers in glass industry owing to its several benefits is attributed to the market growth. Major end use industries of the United States PVB interlayers market are automotive, construction and photovoltaic. The automotive segment is likely to register fastest growth in years to come owing to the growing adoption of PVB interlayers by this industry.
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