Global PVB Film Market Overview

According to Global Market Monitor, the global PVB film market size is $3867.05 million in 2024 and is expected to grow to $5227.16 million by 2029.

PVB Film is a kind of polymer material film formed by PVB resin powder through plasticizer plasticization and extrusion. The appearance of PVB Film is a translucent film, free of impurities, smooth surface, certain roughness, and good flexibility. It has the characteristics of transparency, heat resistance, cold resistance, humidity resistance, and high mechanical strength. PVB interlayer film has strong adhesion to inorganic glass and is an excellent bonding material for laminated glass.

The continuous growth of new energy vehicles drives the demand for PVB laminated glass for automobiles.  

With the development of applied technology and the improvement of consumer requirements, the automotive industry is developing in multiple directions such as environmental protection, energy saving, quietness, intelligence, and integration. The emergence of new energy vehicles and policy support have made it a driving force for the growth of the automotive market. At the same time, as the added value of automotive laminated glass continues to increase and the demand for functional automotive laminated glass increases rapidly, the market scale will further expand. As one of the important raw materials for automobile laminated glass production, PVB film has sufficient market demand.

The Quality of Products is Uneven

The high-end PVB interlayer film market has long been occupied by industry leaders among international companies. Due to the limitations of technology and production capacity, other competitors in the market can only use their products in the middle and low-end markets. China's PVB film market is developing rapidly, but due to the uneven level of enterprise development, there are fewer large and advanced companies, uneven production technology, low automation, and quality cannot be guaranteed. Most companies are concentrated in the middle and low-end markets. As a result, the quality of products on the market varies greatly.

The PVB film industry is not only a technology-intensive industry, but also a capital-intensive industry. The production of PVB resin powder and interlayer film requires a large area, high production environment requirements, high production equipment value, high automation level requirements, and more auxiliary equipment such as environmental protection and safety. Therefore, the formation of PVB resin The complete production chain to the membrane requires a large amount of capital investment. At the same time, labor costs are gradually rising, the daily production and operation liquidity pressure is greater, and the daily operation of the enterprise to expand the scale, and the capital required is also greater. The PVB membrane industry has an increasing demand for funds for operations, which has become a constraint on the further development of the industry.

Company Name	Eastman Chemical Company
Website	www.eastman.com
Established Time	1920
Plants Distribution	Worldwide
Sales Region	Worldwide
Product Introduction	Eastman Chemical Company is an international chemical company that produces chemicals, fibers, and plastics. The Company's operations include coatings, adhesives, specialty polymers, inks, fibers, performance chemicals and intermediates, performance polymers, and specialty plastics.

For more industry information, please refer to our latest released "2023 Global PVB Film Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".