Technavio newsroom has been monitoring the global polyvinyl butyral market and it is expected to grow by $ 1.28 bn, accelerating at a CAGR of about 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
This report provides a detailed analysis of the polyvinyl butyral market by application (films and sheets, paints and coatings, and others) and geography (APAC, North America, Europe, South America, and MEA). The report also provides a detailed analysis of around 25 vendors operating in the polyvinyl butyral market.
Polyvinyl Butyral Market: Segmentation by Application
During 2019, the polyvinyl butyral films and sheets segment accounted for the major share of the Polyvinyl Butyral Market. This report provides an accurate prediction of the contribution of all the segments to the growth of the polyvinyl butyral market size.
Polyvinyl Butyral Market: Segmentation by Geography
APAC was the largest Polyvinyl Butyral Market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Market growth in this region will be faster than the growth of the market in other regions.
Polyvinyl Butyral Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Chang Chun Group, DuLite Corp. and Eastman Chemical Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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