Dallas, TX -- (SBWIRE) -- 12/29/2014 -- PVB resins Market is projected to a value of $3,710.19 Million by 2019, signifying firm annualized growth of 5.61% between 2014 and 2019. PVB films & Sheets is projected to a value of $3,391.43 Million by 2019, signifying firm annualized growth of 5.67% between 2014 and 2019. The growth is mainly driven by the growing demand in the Asia-Pacific region. Asia-Pacific is the biggest market for PVB resins followed by North America and Europe, which together accounted for more than 69.16% market share in 2013. Films & sheets is the fastest-growing application segment of PVB resins growing at a CAGR of 4.85% between 2014 and 2019. The U.S. is the biggest market for PVB films & sheets, followed by China, which is projected to grow at a CAGR of 5.20% between 2014 and 2019.

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Asia-Pacific is the global leader in the consumption of PVB resins and PVB films & sheets and this dominance is expected to continue till 2019. China is the key market in the region, consuming more than half of the demand for PVB resins and films & sheets, followed by Japan, South Korea, and India where consumption is growing at a steadily. Increase in the consumption of PVB resins for films & sheets, paints & coatings, and adhesives have been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. The continuous growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry.

Companies profiled in this research report are Eastman Chemical Company (U.S.), Kuraray Co.,Ltd (Japan), Sekisui Chemicals (Japan), Kingboard (Fo Gang) Specialty Resins Co LTD (Hongkong) , Zhejiang Bisheng Plastics Co.Ltd (China), Huakai Plastic (Chongqing) Co., Ltd (China), Chang Chun Petrochemicals Co., Ltd. (Taiwan), Lifeng group co,. Ltd (China), and Guangzhou Aojisi New Material Co., Ltd (China).

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PVB films and sheets are coatings that are primed from specialty PVB resins. PVB film is one of the most popular interlayer used for glass lamination. Laminated glass comprises of a protective interlayer, usually PVB which is bonded between two panels of glass. The bonding process takes place under heat and pressure. PVB films & sheets are used in different end-user industries such as automotive, construction and photovoltaic.

This study on PVB resins and PVB films & sheets market estimates the market value for PVB and projects the same by 2019. As a part of quantitative analysis, the study segments the market by application and end-user industry at country level with the current market estimation and forecast till 2019. The countries covered in the report are China, Japan, Taiwan, India, South Korea, Brazil, Germany, the U.K., Belgium, the Netherlands, and the U.S. The segmentation by application includes films & sheets, paints & coatings and adhesives. The segmentation by end-user industry includes automotive, construction and photovoltaic. Further as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market

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