Product Code: ETC342330 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Polyvinyl Butyral Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.43% in 2025, the market peaks at 15.18% in 2027, and settles at 13.40% by 2029.
The Polyvinyl Butyral market in Vietnam is projected to grow at a exponential growth rate of 15.18% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam polyvinyl butyral market has seen steady growth, driven primarily by the construction and automotive sectors. Polyvinyl butyral is widely used in laminated safety glass for buildings and vehicles, enhancing safety and security. The construction boom in Vietnam has resulted in a higher demand for safety glass, boosting the polyvinyl butyral market. Additionally, the automotive industry`s expansion has led to increased adoption of polyvinyl butyral in windshields and side windows. The market is expected to maintain its growth trajectory as safety standards and construction activities continue to rise.
The Vietnam polyvinyl butyral (PVB) market is on an upward trajectory owing to several driving factors. PVB is primarily used in the production of safety glass, which is in high demand in the construction and automotive industries. The increasing focus on building safety standards in Vietnam has led to a surge in the use of laminated glass containing PVB interlayers. Furthermore, the expanding automotive market in the country is driving the adoption of PVB in windshields and windows due to its shatterproof properties. This increasing demand from multiple sectors is propelling the growth of the PVB market in Vietnam.
The Vietnam polyvinyl butyral market grapples with challenges related to market competition and technology advancements. Competition from other interlayer materials used in laminated glass and safety glass production can impact market share and pricing strategies. Staying updated with technological advancements in glass manufacturing and adhering to safety standards is essential. Moreover, addressing concerns about the recyclability and environmental impact of polyvinyl butyral materials is important for market sustainability.
The Vietnam polyvinyl butyral (PVB) market saw varying effects of the COVID-19 pandemic. PVB is used in the production of laminated glass, which is essential in construction and automotive industries. During the pandemic, the construction and automotive sectors experienced slowdowns, affecting the demand for PVB. However, the demand for safety glass, which incorporates PVB for enhanced security and protection, saw an uptick in certain applications. As the economy recovers and infrastructure projects resume, the PVB market is expected to gradually recover.
In the Vietnam Polyvinyl Butyral market, Kuraray Vietnam Co., Ltd. is a leading supplier. Kuraray is a global leader in PVB resins, which are widely used in laminated glass production for construction and automotive applications. Their commitment to safety and quality has made them a trusted partner for industries requiring reliable and durable materials.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Polyvinyl Butyral Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Polyvinyl Butyral Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Polyvinyl Butyral Market - Industry Life Cycle |
3.4 Vietnam Polyvinyl Butyral Market - Porter's Five Forces |
3.5 Vietnam Polyvinyl Butyral Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Polyvinyl Butyral Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automotive safety glass, which uses polyvinyl butyral as a key component. |
4.2.2 Growth in the construction industry, where polyvinyl butyral is used in laminated glass for buildings. |
4.2.3 Rising awareness about the benefits of polyvinyl butyral in enhancing glass strength and safety. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices can impact the production cost of polyvinyl butyral. |
4.3.2 Competition from alternative materials in the glass industry, such as ionoplast polymers. |
4.3.3 Regulatory challenges related to environmental concerns and waste management. |
5 Vietnam Polyvinyl Butyral Market Trends |
6 Vietnam Polyvinyl Butyral Market, By Types |
6.1 Vietnam Polyvinyl Butyral Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Polyvinyl Butyral Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Vietnam Polyvinyl Butyral Market Revenues & Volume, By Films & sheets, 2021-2031F |
6.1.4 Vietnam Polyvinyl Butyral Market Revenues & Volume, By Paints & coatings, 2021-2031F |
6.1.5 Vietnam Polyvinyl Butyral Market Revenues & Volume, By Adhesives, 2021-2031F |
6.1.6 Vietnam Polyvinyl Butyral Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Polyvinyl Butyral Market Import-Export Trade Statistics |
7.1 Vietnam Polyvinyl Butyral Market Export to Major Countries |
7.2 Vietnam Polyvinyl Butyral Market Imports from Major Countries |
8 Vietnam Polyvinyl Butyral Market Key Performance Indicators |
8.1 Adoption rate of polyvinyl butyral in new construction projects. |
8.2 Number of partnerships and collaborations between polyvinyl butyral manufacturers and glass producers. |
8.3 Research and development investment in enhancing the properties of polyvinyl butyral for new applications. |
9 Vietnam Polyvinyl Butyral Market - Opportunity Assessment |
9.1 Vietnam Polyvinyl Butyral Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Polyvinyl Butyral Market - Competitive Landscape |
10.1 Vietnam Polyvinyl Butyral Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Polyvinyl Butyral Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |