The report of Polyvinylidene Fluoride (PVDF) market by Type (Homopolymer and Copolymer), Product (Powder, Pellet and Latex), End-user Industry (Chemical Processing, Oil & Gas, Electrical & Electronics, Solar, Automotive, Building & Construction, Others (including Food & Beverage Equipment, Fishing Lines, Aerospace, and Nonwoven Fabrics), Application (Pipes & Fittings, Films & Sheets, Wires & Semicon Processing, Coatings, Membrane and Li-ion Batteries) and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Polyvinylidene Fluoride is used in various chemical processing industries in various applications like mechanical components, fabricated pumps, valves, filters, vessels, tanks, heat exchangers, tower packing, and piping systems. Increase in mandate for polyvinylidene fluoride in lithium-ion batteries electrode formulations to offer opportunities in PVDF market, due to lithium-ion batteries have high energy storage capacity, rechargeable, renewable integration, and improvement in battery abuse tolerance.
Powder Segment is expected to grow at the highest XX% CAGR during the forecast period.
The powder form of polyvinylidene fluoride finds more applications in coating, piping and fittings. It is commonly used to coat metal substrates consist of aluminum, galvanized steel. Aluminized steel for providing outstanding chemical resistance, which is used in metal roofing and siding, door and window frames, curtain walls, and various metal trim and components. Therefore, powder segment is expected to grow at the highest XX% CAGR during the forecast period.
The Asia Pacific dominated the Polyvinylidene Fluoride (PVDF) Market in 2018
On the basis of region Polyvinylidene Fluoride (PVDF) market divided into five region such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, North America had largest market share in 2018 and is projected to lead the market during the forecast period, by reason of rise in demand for electric vehicles, for solar panels (high UV resistance), for PVDF coatings in architectural applications and increase in FDI in photovoltaic especially in China, are projected to create profitable opportunities for PVDF manufacturers. Furthermore, rapid industrialization and increasing demand for PVDF coatings in the chemical processing industry for handling harsh, corrosive environment in the region.
In 2018, Arkema Group increases its production capacity by 27% for its PVDF product line Kynar in Changshu complex near Shanghai, China.
Key players operating the Polyvinylidene Fluoride (PVDF) market are Kureha Corporation, 3M Company, Arkema Group, Solvay Group, Rochling Group, Shanghai Ofluorine Chemical Technology, The Quadrant Group of Companies, Daikin Industries Ltd, RTP Company, Ensinger GmbH, Ambofluor GmbH & Co. KG, Shanghai San Ai Fu New Material Technology Co, Zhejiang Fotech International Co.Ltd., Hubei Everflon Polymer Co.Ltd, and Juhua Group Corporation..
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Polyvinylidene Fluoride (PVDF) Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Polyvinylidene Fluoride (PVDF) Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Polyvinylidene Fluoride (PVDF) Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Polyvinylidene Fluoride (PVDF) Market”
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