Asia Pacific Polyvinyl Butyral Market Size & Outlook
Asia Pacific polyvinyl butyral market, 2019-2030 (US$M)
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Asia Pacific polyvinyl butyral market highlights
- The Asia Pacific polyvinyl butyral market generated a revenue of USD 1,138.4 million in 2022.
- The market is expected to grow at a CAGR of 7% from 2023 to 2030.
- In terms of segment, films & sheet was the largest revenue generating application in 2022.
- Films & Sheet is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,138.4 million |
| Market revenue in 2030 | USD 1,955.1 million |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Films & sheet |
| Fastest growing segment | Films & Sheet |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Films & Sheet, Adhesives & Sealants, Printing Inks, Paints & Coatings |
| Key market players worldwide | Eastman Chemical Co, Sekisui Chemical Co Ltd, Kuraray Co Ltd, Chang Chun Group, Kingboard Holdings Ltd, Specialty Resin & Chemical, EVERLAM, Tiantai Kanglai Industrial, Du-Lite |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 33.6% of the global polyvinyl butyral market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,955.1 million by 2030.
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Polyvinyl Butyral Market Scope
Polyvinyl Butyral Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific polyvinyl butyral market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyvinyl butyral market will help companies and investors design strategic landscapes.
Films & sheet was the largest segment with a revenue share of 74.75% in 2022. Horizon Databook has segmented the Asia Pacific polyvinyl butyral market based on films & sheet, adhesives & sealants, printing inks, paints & coatings covering the revenue growth of each sub-segment from 2019 to 2030.
Industrial expansion in Asia Pacific is anticipated to propel the demand for PVB-based paints, coatings, and adhesives in industrial machinery, equipment, and containers. Furthermore, ascending demand for fast-moving consumer goods in the region is likely to drive the consumption of PVB-based inks and packaging materials.
PVB is anticipated to witness increasing utilization in packaging application owing to the ascending demand for laminated glass and adhesives by hospitals in urban & rural areas in emerging economies. In addition, rising utilization of medical packaging in order to prevent infections and maintain health & safety standards is expected to positively impact the product demand over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polyvinyl butyral market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polyvinyl butyral market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific polyvinyl butyral market size, by country, 2019-2030 (US$M)
Asia Pacific Polyvinyl Butyral Market Outlook Share, 2022 & 2030 (US$M)
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