Polyvinylidene Fluoride (PVDF) Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2027, at CAGR of 9.3 % during forecast period of 2019 to 2027.

Polyvinylidene Fluoride (PVDF) is a versatile material used as insulation on electrical wires, because of its combination of flexibility, low thermal conductivity, low weight, high chemical corrosion resistance, and heat resistance. Also, 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.

Polyvinylidene Fluoride (PVDF) Market Drivers and Restrains

Polyvinylidene Fluoride (PVDF) offers high thermal and chemical corrosion resistance for applications in tanks for storing liquids. It is widely used as metallic coatings in galvanic plants, particularly in the electrochemical process to proliferate their chemical resistance.

Increasing applications of PVDF in the metal preparation industry to provide corrosion resistance, in the pulp & paper industry to provide resistance against bleaching agents, in the mining industry to provide abrasion resistance, in the food & beverage industry to provide resistance to acidic foods and steam cleaning, in nuclear waste processing to provide high thermal stability, etc., is expected to drive the polyvinylidene fluoride market during the forecast period. Furthermore, PVDF is used in water treatment plants, ventilation plants, steel-pickling plants, and exhaust-air cleaning plants.

PVDF offers high resistance to harsh halogenated chemicals such as chlorine dioxide, chlorine, NaOCl bleach, aromatics, ozone, chloramines and acids, peroxides, and oxidants. These factors are propelling the ultimatum for PVDF in chemical processing industries. 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, improvement in battery abuse tolerance, high voltage stability, high dimensional stability and controlled crystallinity.

These factors are projected to provide lucrative opportunities to the manufacturers in PVDF Market during the forecast period.

Polyvinylidene Fluoride is synthesized from the gaseous vinylidene fluoride (VDF) monomer by a free-radical polymerization process have production cost US$ 19-25 / kg. Vinylidene fluoride is flammable liquefied gas, which is difficult to transport and is highly toxic in nature. Vinylidene fluoride can form explosive mixtures when combined with air. Additionally, expensive and inert to modification limits its application in many fields. This is expected to obstruct the demand for PVDF during the forecast period.

Manufacturers in the Polyvinylidene Fluoride (PVDF) are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.

Polyvinylidene Fluoride (PVDF) Market Segmentation Analysis

The polyvinylidene fluoride (PVDF) market has been segmented based on type, product, type, End-user Industry, application and region. In terms of type market bifurcated into Homopolymer and Copolymer. On the basis of product, the market has been separated into powder, pellet, and latex. The powder segment leads the market, due to 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. Also, polyvinylidene fluoride powder finds application in automotive, building and construction, solar, pharmaceutical, mining and mineral, oil and gas, and in food & beverage industries. Based on end-user Industry, the market has been distributed into chemical processing, oil and gas, electrical and electronics, solar, automotive, building and construction, and others. Based on region, it is studied across Asia Pacific, North America, Europe, Latin America and Middle East Africa.

Polyvinylidene Fluoride (PVDF) Market Regional Analysis

On the basis of region Polyvinylidene Fluoride (PVDF) market divided into five regions such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, the Asia Pacific had the largest market share in 2018 and is projected to lead the market during the forecast period, Due to rapid industrialization and increasing demand for PVDF coatings in the chemical processing industry for handling harsh, corrosive environment in the region.

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. Production capacity expansion and new product launches in the region are some factors that are likely to provide lucrative opportunities to manufacturers in the near future. In 2018, Arkema Group expanded its production capacity by 27% for its PVDF product line Kynar in Changshu complex near Shanghai, China.

The objective of the report is to present comprehensive analysis of Polyvinylidene Fluoride (PVDF) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Polyvinylidene Fluoride (PVDF) Market dynamics, structure by analyzing the market segments, and project the Polyvinylidene Fluoride (PVDF) Market size. Clear representation of competitive analysis of key players by Polyvinylidene Fluoride (PVDF) Type, price, financial position, product portfolio, growth strategies, and regional presence in the Polyvinylidene Fluoride (PVDF) Market make the report investor’s guide.

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Scope of the Polyvinylidene Fluoride (PVDF) Market

Polyvinylidene Fluoride (PVDF) Market, by Type

• Homopolymer
• Copolymer
Polyvinylidene Fluoride (PVDF) Market, by Product

• Powder
• Pellet
• Latex
Polyvinylidene Fluoride (PVDF) Market, by End-user Industry

• Chemical Processing
• Oil & Gas
• Electrical & Electronics
• Solar
• Automotive
• Building & Construction
• Others (including Food & Beverage Equipment, Fishing Lines, Aerospace, and Nonwoven Fabrics)
Polyvinylidene Fluoride (PVDF) Market, by Application

• Pipes & Fittings
• Films & Sheets
• Wires & Semicon Processing
• Coatings
• Membranes
• Li-ion Batteries
Polyvinylidene Fluoride (PVDF) Market, by Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Polyvinylidene Fluoride (PVDF) Market, Major Players

• 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.
• Juhua Group Corporation.

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