Polyvinyl Butyral (PVB) Market Size and Share

Polyvinyl Butyral (PVB) Market Summary
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Polyvinyl Butyral (PVB) Market Analysis by Mordor Intelligence

The Polyvinyl Butyral Market size is estimated at USD 4.06 billion in 2025, and is expected to reach USD 5.47 billion by 2030, at a CAGR of 6.14% during the forecast period (2025-2030). Tailwinds include the material’s near-universal acceptance for laminated safety glass, rising electric-vehicle (EV) penetration that prioritizes cabin acoustics, and accelerating solar-photovoltaic investments that seek long-life encapsulants. Adhesive films dominate demand because regulatory bodies—from U.S. highway authorities to Asia-Pacific building inspectors, require proven interlayer performance. Meanwhile, producers are scaling European and Asian capacity, signaling confidence that the polyvinyl butyral market will absorb additional output without eroding margins. Barriers to entry remain formidable thanks to intensive capital requirements, established automotive qualification cycles, and long-standing customer relationships favoring incumbent suppliers. 

Key Report Takeaways

  • By type, adhesive films captured 94.56% of polyvinyl butyral market share in 2024, while the segment is projected to expand at a 6.19% CAGR through 2030.
  • By end-user industry, automotive glazing accounted for 53.21% share of the polyvinyl butyral market size in 2024; power generation applications are advancing at an 8.27% CAGR through 2030.
  • By geography, Asia-Pacific led with 51.19% share of the polyvinyl butyral market in 2024 and is forecast to maintain the fastest regional CAGR at 6.38% to 2030.

Segment Analysis

By Type: Adhesive Films Dominate Through Safety Applications

Adhesive films accounted for 94.56% of polyvinyl butyral market share in 2024, reflecting their central role in laminated-glass safety systems across automotive and architectural sectors. The adhesive-film polyvinyl butyral market size is projected to reach USD 5.17 billion by 2030, advancing at a 6.19% CAGR alongside global construction upcycles. Strict windshield standards, city-center noise ordinances, and growth in panoramic roofs collectively lock adhesive films into multi-year OEM programs. Producers differentiate through specialty grades, structural, UV-blocking, and bird-friendly variants, withhich command premiums of 8-12 % over commodity resin.

Innovation centers on resin rheology, enabling thinner interlayers without sacrificing impact performance, thereby reducing vehicle weight and glazing costs. Eastman’s Saflex Structural series raises laminate strength by 30%, enabling frameless balustrades and reducing metal hardware in facades[2]Eastman Chemical Company, “Saflex Structural Interlayers,” eastman.com. Optical-grade PVB films for heads-up displays are an emerging niche, with Kuraray expanding Japanese capacity to serve LCD and augmented-reality windshields. Such specialization supports a resilient revenue outlook for adhesive films even as volumes mature.

Paints, coatings, printing inks, and niche applications collectively held 5.44% share in 2024, valued at USD 0.23 billion. While small, these segments provide margin buffers; PVB’s hydroxyl functionality delivers excellent pigment dispersion and adhesion to metal substrates, commanding higher price points per kilogram. Researchers are blending PVB with nanocellulose to create solvent-free binders for 3-D-printed composites, hinting at incremental demand pockets beyond legacy markets. Overall, non-film uses are forecast to grow at 4.2% CAGR, trailing the headline polyvinyl butyral market but preserving niche profitability.

Polyvinyl Butyral (PVB) Market: Market Share by Type
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By End-user Industry: Automotive Leadership Faces Power Generation Challenge

Automotive glazing accounted for 53.21% of the polyvinyl butyral market volume in 2024 and is projected to post a steady 5.9% CAGR through 2030, driven by mandatory windshield standards in over 100 jurisdictions. Added glass area per vehicle, spurred by larger infotainment displays and roof-light expansions, elevates square-meter consumption, partially offsetting a moderate slowdown in global unit production. Acoustic grades, priced roughly 15% above standard films, are gaining market share as OEMs compete on NVH (noise, vibration, harshness) metrics in battery-electric models.

Power generation, chiefly photovoltaic modules, contributed only 4.3% of 2024 consumption yet is on track for the fastest 8.27% CAGR, lifting its share to 6.1% by 2030. The power-generation polyvinyl butyral market size for encapsulants is projected to reach USD 0.33 billion by 2030, driven by the growth of large-format thin-film solar projects and the increasing adoption of bifacial glass-glass panels. DuPont’s PV5200 sheets demonstrated 40-year service life potential in accelerated-aging tests, appealing to utility-scale developers seeking lower levelized cost of electricity.

Construction represented 35% of 2024 demand, especially in Asia, where skyscraper cladding and balcony balustrades proliferate. Retrofitting programs in Europe and North America stimulate replacement demand, with some cities mandating acoustic-graded interlayers along transit corridors. Aerospace, defense, and specialty optics round out the “other” category, relying on PVB for impact-resistant transparencies in rotorcraft and armored vehicles.

Polyvinyl Butyral (PVB) Market: Market Share by End-user Industry
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Geography Analysis

Asia-Pacific held 51.19% of polyvinyl butyral market share in 2024, underpinned by integrated petrochemicals, glass finishing, and automotive assembly clusters in China, Japan, and South Korea. Regional volume is forecast to grow at 6.38% CAGR through 2030, solidifying its lead as EV production hubs scale. Government incentives, such as China’s NEV credits and Japan’s green-building subsidies, accelerate demand for acoustic and low-VOC interlayers. Nonetheless, feedstock tightness from olefin-cracker curtailments occasionally disrupts supply, highlighting the need for inventory buffers and multi-sourcing strategies.

North America accounted for 18.7% of 2024 demand. Growth centers on the rehabilitation of aging infrastructure and the elevated adoption of laminated side windows in premium vehicles. The region’s construction codes consistently require 0.76 mm PVB interlayers in overhead glazing, ensuring baseline volumes. Eastman’s Ghent capacity expansion enables nearby supply to U.S. and Mexican OEMs, mitigating trans-Atlantic shipping costs and CO₂ footprints. Circular-economy programs, such as glass-laminate recycling hubs in Ohio—are piloting closed-loop feedstock streams that could temper virgin PVB growth after 2028.

Europe captured 16.4% share in 2024 and exhibits mature but technologically sophisticated demand. Tight carbon regulations spur architects to select higher-performing acoustic and solar-control interlayers that lower operational energy use. Kuraray and Everlam collaborate with EU glassmakers on bird-safe and post-tensioned laminate innovations, aligning with biodiversity directives. Extended-producer-responsibility schemes under discussion in Germany may require PVB producers to finance collection and recycling of end-of-life windshields, influencing cost structures after 2027.

Latin America, the Middle East, and Africa collectively represented 13.7% of global volume in 2024. Market development hinges on new float-glass investments in the Gulf and expanded automotive production in Brazil. Currency volatility and import duties remain hurdles, but multilateral infrastructure funding is boosting demand for laminated glass in airports and stadiums, creating incremental volumes for the polyvinyl butyral market.

Polyvinyl Butyral (PVB) Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The polyvinyl butyral market is highly concentrated, with Eastman, Kuraray, and Sekisui accounting for an estimated 80-85% of global capacity, thereby sustaining an oligopolistic environment. These leaders operate backward-integrated value chains that encompass aldehyde derivatization and extrusion, granting cost and supply security advantages. Capital intensity, exceeding USD 150 million for a greenfield 50,000 t/y plant, deters new entrants. Long-term qualification protocols with OEMs, often spanning two model cycles, further entrench incumbents.

Players seek growth via high-margin niches and geographic proximity. Eastman’s 2024 Belgium revamp expands Saflex production for European acoustic and HUD applications, leveraging shorter lead times for German OEMs. Kuraray’s 2025 optical-film expansion in Japan taps booming LCD cover-glass and augmented-reality windshield demand. Sekisui targets Southeast Asia with Thailand capacity slated for 2026, capturing EV-related growth while diversifying outside its domestic base.

Strategic moves extend to sustainability. Everlam and Garland Glass co-develop solvent-free PVB recycling compatible with architectural films, aiming to integrate 40% recycled content by 2030. Patent filings show momentum in deep eutectic-solvent catalysis for butyral synthesis, offering 15% energy savings versus conventional acid catalysis. Smaller regional actors such as Qingdao Jiahua, Huakai, and Kingboard Special Resins, compete on localized supply and price flexibility, but lack the R&D heft to challenge premium niches currently controlled by the top three.

Polyvinyl Butyral (PVB) Industry Leaders

  1. Chang Chun Group

  2. Eastman Chemical Company

  3. Sekisui Chemical Co., Ltd.

  4. Kuraray Co., Ltd.

  5. Kingboard (Fogang) Special Resins Co., Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Polyvinyl Butyral (PVB) Market
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Recent Industry Developments

  • November 2024: Eastman Chemical Company announced an investment to upgrade and expand its polyvinyl butyral (PVB) interlayer extrusion capabilities at its Ghent, Belgium facility. This expansion addresses the increasing demand from automotive and architectural markets. The project will enhance the supply capabilities for Saflex PVB products, with completion expected by 2026.
  • July 2024: Sekisui Chemical announced an 8 billion yen investment to expand its PVB interlayer production capacity at its Rayong, Thailand facility. The new production line, scheduled to be operational in the second half of 2026, will focus on high-performance products for head-up displays and increase capacity by 7 million units annually.

Table of Contents for Polyvinyl Butyral (PVB) Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Construction and Infrastructure Boom
    • 4.2.2 Laminated-Glass Penetration in Automotive
    • 4.2.3 Mandatory Safety Glazing Regulations
    • 4.2.4 Solar-PV Build-Out using PVB Encapsulants
    • 4.2.5 EV-Driven Demand for Acoustic Interlayers
  • 4.3 Market Restraints
    • 4.3.1 Product Substitutes (EVA, SGP, Ionoplast)
    • 4.3.2 Intensifying PVB Recycling in Developed Regions
    • 4.3.3 Volatile Butyraldehyde Feedstock Supply
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Adhesive Films
    • 5.1.2 Paints and Coatings
    • 5.1.3 Printing Inks and Lacquers
    • 5.1.4 Other Types (Binders for Ceramics and Composite Fibres)
  • 5.2 By End-user Industry
    • 5.2.1 Automotive
    • 5.2.2 Construction
    • 5.2.3 Power Generation
    • 5.2.4 Other End-user Industries (Aerospace, Defence, etc.)
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 South America
    • 5.3.2.1 Brazil
    • 5.3.2.2 Argentina
    • 5.3.2.3 Rest of South America
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Russia
    • 5.3.3.6 Rest of Europe
    • 5.3.4 Asia-Pacific
    • 5.3.4.1 China
    • 5.3.4.2 Japan
    • 5.3.4.3 India
    • 5.3.4.4 South Korea
    • 5.3.4.5 Rest of Asia-Pacific
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, and Recent Developments)
    • 6.4.1 BouLing Chemical Co., Limited
    • 6.4.2 Chang Chun Group
    • 6.4.3 Eastman Chemical Company
    • 6.4.4 Everlam
    • 6.4.5 Genau Manufacturing Company LLP (GMC LLP)
    • 6.4.6 Huakai Plastic (Chongqing) Co., Ltd.
    • 6.4.7 Kingboard (Fogang) Special Resins Co., Ltd
    • 6.4.8 Kuraray Co., Ltd.
    • 6.4.9 Qingdao Jiahua Plastics Co., Ltd.
    • 6.4.10 Sekisui Chemical Co., Ltd.
    • 6.4.11 WMC Glass

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
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Global Polyvinyl Butyral (PVB) Market Report Scope

Polyvinyl butyral (PVB) is a clear, colorless, amorphous thermoplastic material that can be produced by reacting polyvinyl alcohol and butyraldehyde. It is mainly used in fabricating various laminated glass products for the automotive, construction, and photovoltaic end-user sectors, owing to its optical clarity and strong adhesive nature. The polyvinyl butyral (PVB) market is segmented by type, end-user industry, and geography. By type, the market is segmented into adhesive films, paints and coatings, printing inks and lacquers, and other types (binders for ceramics and composite fibers). By end-user industry, the market is segmented into automotive, construction, power generation, and other end-user industries (aerospace, defense). The report also covers the market size and forecasts for the polyvinyl butyral (PVB) market in 15 countries across the major regions. For each segment, the market sizing and forecast have been done on the basis of revenue (USD million).

By Type
Adhesive Films
Paints and Coatings
Printing Inks and Lacquers
Other Types (Binders for Ceramics and Composite Fibres)
By End-user Industry
Automotive
Construction
Power Generation
Other End-user Industries (Aerospace, Defence, etc.)
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
By Type Adhesive Films
Paints and Coatings
Printing Inks and Lacquers
Other Types (Binders for Ceramics and Composite Fibres)
By End-user Industry Automotive
Construction
Power Generation
Other End-user Industries (Aerospace, Defence, etc.)
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Key Questions Answered in the Report

What is the current size of the polyvinyl butyral market?

The polyvinyl butyral market size reached USD 4.06 billion in 2025 and is forecast to climb to USD 5.47 billion by 2030 at a 6.14% CAGR.

Which segment holds the largest polyvinyl butyral market share?

Adhesive films dominate with 94.56% share in 2024, largely driven by laminated safety-glass applications.

Why is Asia-Pacific the leading region for polyvinyl butyral demand?

Integrated automotive and construction supply chains in China, Japan, and South Korea give Asia-Pacific 51.19% global share and the highest regional CAGR of 6.38% through 2030.

How are electric vehicles influencing polyvinyl butyral consumption?

EVs amplify demand for acoustic PVB interlayers that cut cabin noise by up to 6 dB, prompting capacity expansions in Thailand and Japan targeted at this niche.

What challenges could slow polyvinyl butyral market growth?

Feedstock volatility, rising recycling rates that offset virgin demand, and competition from substitutes such as EVA and ionoplast materials could temper the market’s CAGR by up to 1.5 percentage points.

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