Global Polyvinylidene Fluoride Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
"Global Polyvinylidene Fluoride Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global polyvinylidene fluoride market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polyvinylidene fluoride market report has been segmented on the basis of application, end-use industry, and region.
Polyvinylidene fluoride, also known as polyvinylidene difluoride (PVDF), is a fluoropolymer produced by polymerization of vinylidene difluoride. Polyvinylidene fluoride has low density similar to polytetrafluoroethylene (Teflon) and is used for various applications that requires high purity, as well as resistance to solvents, acids and bases. It is used in chemical, semiconductor, medical, defense, automotive, and other end-use industries, owing to its unique properties such as combination of flexibility, light weight, low thermal conductivity, high chemical corrosion resistance, and heat resistance.
Rising demand for coatings, lithium-ion batteries, and photovoltaic films, which in turn increase demand for polyvinylidene fluoride, is a major factor expected to drive growth of the global polyvinylidene fluoride market over the forecast period. In addition, increasing demand for polyvinylidene fluoride in electrical and electronics industry, owing to unique features such as flexibility, light weight nature, low thermal conductivity, high chemical and heat resistance, is another factor anticipated to fuel growth of the target market in the next coming years. Moreover, increasing preference of polyvinylidene fluoride in other end-use industries such as chemicals, oil & gas, construction, and automotive, is among some factor estimated to drive growth of the potential market over the forecast period.
However, high cost of raw materials is a factor which may hamper demand for polyvinylidene fluoride and restrain growth of the target market over the forecast period. Increasing adoption of polyvinylidene fluoride in energy and aerospace & defense sectors is expected to create a lucrative opportunity for growth of the global polyvinylidene fluoride market over the forecast period.
On the basis of application, the membranes segment is expected to hold major revenue share in the target market over the forecast period. Among end-use industry, the electrical & electronics segment is anticipated to register for significant share in terms of revenue in the global polyvinylidene fluoride market over the forecast period.
The polyvinylidene fluoride market in the North America accounts for highest share in terms of revenue in the target market and is expected to maintain its dominance over the forecast period. The Asia Pacific polyvinylidene fluoride market is expected to account for significant revenue share in the target market over the forecast period. Increasing industrialization coupled with growing demand for PVDF membranes in chemicals, construction, energy, pharmaceutical, and other end-use industries in countries in the region is expected drive revenue growth of Asia Pacific polyvinylidene fluoride market over the forecast period. China and India are the major share contributors in terms of revenue in the target market during the forecast period. The market in Europe is projected to witness moderate growth rate in the global polyvinylidene fluoride market over the forecast period followed by Latin America and Middle East & Africa respectively.
Market Segmentation and Key Players Operating in the Global Polyvinylidene Fluoride Market:
Segmentation on the Basis of Application:
- Others (Tubes and Cables)
Segmentation on the Basis of End-use Industry:
- Oil & Gas
- Electrical & Electronics
- Others (Automotive and Aerospace & Defense)
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Solvay SA
- Arkema S.A.
- Daikin Industries Ltd.
- 3M Company
- Kureha Corporation
- Shanghai 3f New Materials Company Limited
- Shanghai Ofluorine Chemical Technology Co. Ltd
- Quadrant Engineering Plastics Products Inc.
- Zhejiang Fotech International Co. Ltd.
- Zhuzhou Hongda Polymer Materials Co., Ltd.
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