The Global Polyvinylidene Fluoride (PVDF) Market is estimated to reach USD 1,435.5 Million by 2030 and has a CAGR of 6.70% by year end (2022-2030)

Polyvinylidene Fluoride (PVDF) Market Overview:

Polyvinylidene fluoride is a very commonly used non-reactive thermoplastic fluoropolymer which is assimilated by polymerization of advanced and modern vinylidene difluoride. Excellent chemical resistance, abrasion resistance, UV stability, tensile strength, and abrasion resistance. PVDF has a specific monomeric repeating unit called (–CH2–CF2–) and appears in five different crystalline forms: α-phase, β-phase, γ-phase, δ-phase and ε-phase. The phase changes and differs in the individual patterns of crystallographic space groups, the total number of formal units per unit cell, and the different packing and morphology of the polymer chains. PVDF can be easily molded, usually injected, and easily welded to produce discrete polymer sheets and films, and is applied in the manufacture of a wide variety of applications such as major electrical and electronic, branded piping and tubing, photovoltaic films, and defense equipment. , lithium ion batteries, etc.

Polyvinylidene Fluoride (PVDF) market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Polyvinylidene Fluoride (PVDF) market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Polyvinylidene Fluoride (PVDF) Industry Research:

Market Key Players:
Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc.

By Type:

• Homopolymer
• Copolymer

By Form:

• Powder
• Pellet
• Latex

By Application:

• Chemical Processing
• Oil & Gas
• Electrical & Electronics
• Solar
• Automotive
• Building & Construction
• Others

By Region:

The growing need for innovation in the industry to harmonize technologies to improve product standards is expected to complement developments over the aforementioned period. There is no doubt that the United States has dominated the North American market with a share of over 80% in 2018 owing to high technology usage in pharmaceutical and healthcare industries.

Following the US, the UK, Italy, France and Germany accounted for 71.2% of total sales in Europe.

The Asia Pacific market is expected to witness a CAGR of 15.6% growth over the forecast period, owing to tremendous development in the pharmaceutical and food processing industries across the region. Another external factor favoring the industry is the government policy encouraging FDI to the pharmaceutical industry in India and China, which has been instrumental in growing the healthcare sector in Asia Pacific.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Major Drivers:

The polyvinylidene fluoride market scope is expected to witness vigorous growth at a CAGR of 6.7% during the projected period 2019-2025. Growing demand for PVDF in lithium-ion batteries is a major driver for PVDF market expansion due to its high-voltage stability and profound bonding insulation healthy capacity combined with increasing production of electric vehicles. The changing preference for various electric and hybrid vehicles due to stringent policies on environmental protection is expected to drive the demand for PVDF in lithium-ion batteries. According to data from the International Energy Agency, global electric vehicle revenues in 2018 exceeded 5.1 million, up 2 million from 2017, and the total number of new electric vehicles on sale actually doubled. Along with this, the substantial healthy growth of the photovoltaic industry is responsible for the increasing use of PVDF in photovoltaic films, which is expected to have a significant positive impact on the growing market. Demand for photovoltaic films is expected to increase in the coming years as demand for various renewable energy modern solutions rises against a backdrop of escalating environmental pollution.

There are four major regions globally mainly involved in the global Polyvinylidene Fluoride market industry: North America, Europe, Asia Pacific, and Rest of the World (RoW), based on country-level market size. The professional definition is very comprehensive. You need to understand all elements of the market. Despite COVID 19, there is no arguing that the market's current trends and future opportunities will see tremendous growth opportunities.

Opportunities:

Major companies around the world are focusing on this process. Major multinationals are taking notice of this trend dominating the global platform. They widely use this market technology to manufacture and distribute products worldwide.

The Polyvinylidene Fluoride Market Overview is very extensive. There are a number of emerging markets such as India, China and Brazil that are expected to grow rapidly over the forecast period. Also, a large portion of Asia Pacific is growing rapidly, followed by Latin America.

Market Restraints:

The COVID-19 outbreak has severely disrupted the industry's growth rate and the company's profit share has fallen due to forced closures of factories and consumer markets around the world. COVID19 has disrupted the entire supply chain. The continued lockdown had a negative impact and affected creator morale. Major retailers such as the pharmaceutical industry, food supermarkets and hypermarkets, and textiles have suffered severe shortages despite demand in certain parts of the world.

Market Challenges:

The polyvinylidene fluoride market overview size is projected to reach USD 1,169 Mn by 2025. A healthy lifestyle with a CAGR of around 6.7% during the evaluation period (2018-2023) is reinforcing the concept because of high demand. It focuses on marketplaces by category. The company is strategizing and executing modern business operations through innovation. Many factors such as market size, global technology trends, capital investment, etc. influence the growth of this segment. The market is huge, but it requires innovation, technology and capital.

Polyvinylidene Fluoride (PVDF) Market report scope:

Key Takeaways from this Polyvinylidene Fluoride (PVDF) Report

• Estimate Polyvinylidene Fluoride (PVDF) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Polyvinylidene Fluoride (PVDF) market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Polyvinylidene Fluoride (PVDF) market?

The Polyvinylidene Fluoride (PVDF) Market is growing at a CAGR of 6.70% During Forecast Period.

What are the key types of Polyvinylidene Fluoride (PVDF) market?

Homopolymer, Copolymer

What are the key applications of Polyvinylidene Fluoride (PVDF) market?

Chemical Processing, Oil & Gas, Electrical & Electronics, Solar, Automotive, Building & Construction, Others

Who are the key players in Polyvinylidene Fluoride (PVDF) market?

Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc.