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  • China Polyvinyl Butyral (PVB) Resins Market Projected to Grow with CAGR of 5.09%

Polyvinyl Butyral Resins (Briefly known as PVB resin) is produced from the condensation reaction of PVA (Polyvinyl Acetate) and butylaldehyde, which is a thermoplastic resin. PVB resin is mostly used for applications that require strong binding, optical clarity, adhesion to many surfaces, toughness and flexibility.

 

The PVB resin and interlayer film industry is a technology-intensive industry with strong professionalism. The production technology requirements of PVB resin powder and PVB interlayer film are relatively high, and the process flow is relatively complex. At the same time, with the upgrading of downstream industries, the quality requirements of PVB interlayers are constantly improving, and the specifications and types are constantly changing.

 

Polyvinyl butyral (PVB) resins industry in China is highly concentrated. The key manufacturers of Polyvinyl Butyral in China market include Eastman Chemical, Kuraray, Sekisui Chemicals, ChangChun Group, Wanwei Group, Kingboard Chemical Holdings, etc. In 2022, the top five players hold a share approximately 64.21% in terms of revenue.

 

China Polyvinyl Butyral (PVB) Resins market size is projected to reach US$ 677.48 million by 2029, from US$ 470 million in 2022, at a CAGR of 5.09% during 2023-2029.

 

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