Europe Polyvinyl Butyral Market Size & Outlook, 2022-2030
Europe polyvinyl butyral market, 2019-2030 (US$M)
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Europe polyvinyl butyral market highlights
- The Europe polyvinyl butyral market generated a revenue of USD 899.4 million in 2022.
- The market is expected to grow at a CAGR of 5.9% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 899.4 million |
| Market revenue in 2030 | USD 1,423.6 million |
| Growth rate | 5.9% (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, Europe region accounted for 26.5% 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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Europe 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 74.66% in 2022. Horizon Databook has segmented the Europe 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.
Rising EU funding coupled with various supportive measures, including subsidies, tax breaks, and incentives, taken by governments in the region is expected to drive construction industry. The commencement of Construction 2020 Action Plan is also likely to boost the growth of construction sector in the region.
The growth of construction sector in various European countries including the UK, the Netherlands, Germany, Hungary, Poland, Sweden, and Ireland is likely to propel the product demand over the next eight years.
Moreover, Europe has been one of the leading producers of automobiles in the past and this trend is likely to continue in the coming years. This factor, in turn, is anticipated to further propel the demand for PVB in the region over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe polyvinyl butyral market , including forecasts for subscribers. This continent databook contains high-level insights into Europe polyvinyl butyral market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe polyvinyl butyral market size, by country, 2019-2030 (US$M)
Europe Polyvinyl Butyral Market Outlook Share, 2022 & 2030 (US$M)
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