Increasing Demand from Ground Transportation Industry Set to Drive Polyvinyl Butyral (PVB) Films and Sheets Market.

Polyvinyl Butyral (PVB) films and sheets are polymer materials that can be used in glass laminated structures. These films and sheets have been the reference material for glass lamination in the construction and automotive industries since many years. Laminated glass, commonly used in the architecture and automotive fields, comprises a protective interlayer, usually PVB, fused between two panels of glass.

When laminated under heat and pressure conditions, the PVB interlayer binds the two panels of glass together. After sealing, the two glass panels act as a single unit and appear akin to normal glass. The PVB films and sheets market has been segmented into key end-user segments such as building & construction, ground transportation, solar energy, and others. The growing demand for PVB films and sheets in a diverse range of end-user industries is predicted to drive the global PVB films and sheets market during the next eight years.

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Transparency Market Research, a leading U.S.-based market research firm, has analyzed the PVB films and sheets market and projected a compounded annual growth rate of 6.0%, in terms of volume, for the period from 2015 to 2023.

Ground transportation is anticipated to be the largest end-user segment of the global PVB films and sheets market in the next few years. Demand for PVB films and sheets is expected to rise with increase in the use of protective windshields in automobiles. The increase in usage of PVB films and sheets for the manufacturing of glass for vehicle rooftops is also expected to boost the consumption of PVB films and sheets in the ground transportation end-user segment in the next eight years.

Construction end-user segment is also an important segment of the global PVB films and sheets market. The possibility of glass breakage exists in sloped glazing installations, glass skylights, sunspaces, and curtain walls. Therefore, many building codes across the globe employ laminated glass for overhead glazing. PVB films and sheets with their obvious advantage of safety and security improve building aesthetics. They also dampen and decrease noise transmission, reduce ultraviolet radiation transmission, and provide thermal insulation. The extensive use of PVB films and sheets in the construction industry is projected to act as a major driver for the PVB films and sheets market. In addition to the construction industry, the demand for PVB films and sheets from the infrastructure and solar energy industries is also expected to drive the demand for PVB films and sheets during the forecast period.

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Therefore, rising demand for PVB films and sheets from multiple end-user segments, especially the ground transportation segment, is set to drive the global PVB films and sheets market in the next few years.

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