Global polyvinylidene fluoride (PVDF) market was valued at $ 470 million in 2021, is projected to grow at a CAGR of 5.5% during forecast period, owing to growing photovoltaic installations, increasing demand for PVDF from end-use industries including chemical processing and oil and gas owing to its properties such as high-performance material and chemical resistance. Furthermore, high purity, inertness to various acids, aromatic and aliphatic organic compounds, chlorinated solvents is further likely to increase demand for PVDF across various end use sectors. Additionally, rising demand in coatings, flexible flow lines and photovoltaic films is further anticipated to positively influence global PVDF market.

Global polyvinylidene fluoride market is experiencing significant growth which is expected to continue in the coming years as well. The growth is primarily driven by substantial amount of investments and expansions by various market players to serve the end-user applications industry.

Notably, the market for PVDF is segmented into application, end use industry and region. Based on application, the market has been segmented into sheets, pipes, coatings, fittings, tubes, powder, films, membranes & cables. While based on end use industry, the market has been segmented into construction, electrical and electronics, chemical processing, oil & gas & others. Among these, electrical and electronics is anticipated to be the largest demand generator for PVDF due to its properties such as high performance material and chemical resistance. Electrical and electronic devices are frequently subjected to electrostatic abrasion and chemical reactions. PVDF is also used in wires and cables. Inside every electronic device, there is a complex and compact network of printed circuit board (PCB) and miniaturized components which are vulnerable to corrosion, thereby impacting the reliability and shortening the device’s life. PVDF is fundamentally used as a binder material for electrodes and is used for producing battery separators, while providing various advantages in the design of the separator.

Among regions, North America is the largest consumer of PVDF, while Asia-Pacific is anticipated to grow at the highest CAGR. Countries such as China, India, and Japan are expected to dominate Asia-Pacific polyvinylidene fluoride market, with China holding the major share in the region’s PVDF market. Furthermore, rapid innovation and R&D activities in electronics industry is further likely to fuel growth in Asia-Pacific polyvinylidene fluoride market.

Some of the key players operating in global polyvinylidene fluoride (PVDF) market include, Donguye, Arkema S.A, Kureha, Solvay, Gujarat Fluorochemicals Ltd, Stratasys, Ltd., 3D Systems Corporation, Koninklijke DSM N.V., Materialise NV, Evonik Industries AG, Shandong Huaxia Shenzhou New Material Co., Ltd among others.

Objective of the Study:

To analyze and forecast global Polyvinylidene Fluoride (PVDF) market size.
To forecast global Polyvinylidene Fluoride (PVDF) market based on application, end-use industry and regional distribution.
To identify drivers and challenges for global Polyvinylidene Fluoride (PVDF) market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Polyvinylidene Fluoride (PVDF) market.
To conduct pricing analysis for Polyvinylidene Fluoride (PVDF) market.
To identify and analyze the profile of leading players involved in the manufacturing of Polyvinylidene Fluoride (PVDF).

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in global Polyvinylidene Fluoride (PVDF) market.

TechSci Research calculated global Polyvinylidene Fluoride (PVDF) market size using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Polyvinylidene Fluoride (PVDF) manufacturers and suppliers
Government and other regulatory bodies
Research institutes and organizations
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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Report Scope:

In this report, global Polyvinylidene Fluoride (PVDF) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Polyvinylidene Fluoride (PVDF) Market, By Application:
Sheets
Pipes
Coatings
Fittings
Tubes
Powder
Films
Membranes
Cables
Polyvinylidene Fluoride (PVDF) Market, By End Use Industry:
Chemical & Petrochemicals,
Electronics
EV Batteries
Solar Panels
Water Treatment Membranes
Oil & Gas
Others
Polyvinylidene Fluoride (PVDF) Market, By Region:
Asia-Pacific
China
Japan
India
South Korea
Australia
Singapore

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