The global demand for PVDF Resin Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
PVDF (polyvinylidene fluoride) is a thermoplastic fluoropolymer resin that is chemically inert, stable, and resistant to abrasion and flame. It is made from vinylidene difluoride (VDF) polymerization and has excellent tensile strength, surface hardness, and heat and ultraviolet (UV) light resistance. As a result, it's used worldwide to make piping items, sheets, tubes, films, and plates. It's also used as a coating on metal roofs, garage doors, and wall panels, and it's used to make aluminium extrusions out of curtain walls, aluminium window and door framing, soffits, and sunshades. Aside from that, it's used in the automotive and transportation industries, agricultural, packaging, aerospace and military, oil and gas, pharmaceutical, biomedical, and chemical industries worldwide.
One of the significant determinants of the market is the increasing use of PVDF resins in the aerospace and military industries to protect equipment against moisture, shock, vibration, and chemicals. Furthermore, these resins are employed as a binder in the production of lithium-ion batteries worldwide. This, combined with rising demand for PVDF resins due to their ease of processing in moulding, extrusion, and compounding, is moving the market forward. PVDF resins are employed in wires and cables because of their lightweight, flexibility, and poor thermal conductivity. Commercial and military electronics, avionics, satellites, aircraft, helicopters, ships, railways, and offshore platforms all use these lines. Aside from that, the market is being positively influenced by the developing electronics industry, which is owing to rising sales of smartphones, portable computing devices, and gaming systems. Moreover, some nations' governments are heavily investing in the renewable energy sector, which is expected to boost the market's growth. Environmental and health issues, variable raw material prices, and possible replacements are projected to stifle market expansion in the future years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pvdf resin. The growth and trends of pvdf resin industry provide a holistic approach to this study.
This section of the pvdf resin market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type Of Crystalline Phase
By End-User Industry
- Pipes And Fittings
- Films And Sheets
- Wire And Cable
- Li-Ion Batteries
- Chemical Processing Industry
- Electrical And Electronics
- Building And Construction
- Oil And Gas
This section covers the regional outlook, which accentuates current and future demand for the PVDF Resin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PVDF Resin Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pvdf resin market include Arkema S.A., Daikin Industries, Ltd., Kureha Corporation, RTP Company, Inc., Shanghai Huayi 3F New Materials Co., Ltd., Shanghai Ofluorine Co., Limited, Solvay SA, 3M, Zhejiang Fotech International Co., Ltd., and Zhuzhou Hongda Polymer Materials Co., Ltd. Other players operating in the PVDF resin market are Agiplast, SKC, Sinochem Lantian, and Dongyue Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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