Polyvinylidene fluoride (PVDF) possesses a wide range of properties. Some of the key properties possessed by the PVDF include good mechanical strength and toughness, abrasion resistance, creep resistance, stiffness, high dielectric strength, high purity, chemical inertness, low moisture absorption, and low flammability among others. The global polyvinylidene fluoride (PVDF) market is projected to grow at a modest CAGR of 6.5% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the various properties possessed by the PVDF, owing to which, it is widely being adopted across various end-user industries such as electrical and electronics, oil and gas, chemical, transportation, building and construction, and others. Hence, this is likely to contribute to the growth of the global PVDF market over the forecast period.
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The global polyvinylidene fluoride (PVDF) market is segmented on the basis of applications and the end-user industry. Based on the applications, the market is segmented as films and sheets, coatings, pipes and fittings, wires and semiconductor processing, li-ion batteries, and others. Based on the end-user industry, the market is segmented as electrical and electronics, oil and gas, chemical, transportation, building and construction, and others.
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The global polyvinylidene fluoride (PVDF) market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Polyvinylidene fluoride (PVDF) market in the region. The regional growth of the market is accredited to the rising building and construction industry in the region especially in the economies such as China and India. Increasing income levels and population migration from rural to urban areas are some of the key factors that are likely to accelerate the demand for the building and construction sector in the country. Hence, this, in turn, is projected to drive the growth of the global PVDF market over the forecast period. Further, the European region is also likely to witness substantial growth in the near future, owing to the presence of the key players in the region and a well-established chemical sector in the region.
Global Polyvinylidene fluoride (PVDF) Market – Segmentation
by Applications
Films and Sheets
Coatings
Pipes and Fittings
Wires and Semiconductor Processing
Li-ion Batteries
Others
by End-User Industry
Electrical and Electronics
Oil and Gas
Chemical
Transportation
Building and Construction
Other End-user Industries
Global Polyvinylidene fluoride (PVDF) Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
3M Co.
Arkema Group
Daikin Industries Ltd.
Dyneon GmbH
Kureha Corp.
Mitsubishi Chemical Corp.
Quadrant Engineering Plastics Products Inc.
RTP Co. Inc.
SABIC
Saint-Gobain Performance Plastics
Shanghai 3F New Materials Co. Ltd
Shanghai Ofluorine Chemical Technology Co. Ltd
Solvay SA
Zhejiang Fotech International Co. Ltd.
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