Home » Global PVDF Resin Market 2022 | Enhancing Huge Growth and Latest Trends by Top Players

Global PVDF Resin Market 2022 | Enhancing Huge Growth and Latest Trends by Top Players

by ivosmith98
PVDF Resin Market

The global PVDF resin market reached a value of US$ 880.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,285.0 Million by 2027, exhibiting at a CAGR of 6.20% during 2022-2027, according to the latest report by IMARC Group.

Polyvinylidene fluoride (PVDF) is a thermoplastic resin that is stationary and steady with an excellent aversion to abrasions, flames and chemicals. It is manufactured from the polymerization of vinylidene difluoride (VDF) and offers high stability, heat and ultraviolet light (UV) and surface hardness resistance. Consequently, it is utilized for manufacturing piping products, plates, tubes, sheets and films across the globe. It is also helpful as coatings on garage doors, wall panels and metal roofs, and applied on sunshades, soffits, curtain walls, aluminum windows and door framings to form aluminum extrusions.

Global PVDF Resin Industry Trends and Drivers:

One of the primary factors driving the market is the increasing utilization of PVDF resins in the defense and aerospace industry to shield the equipment from shock, vibration, chemicals and moisture exposure. Additionally, the application of PVDF resins as a binder to produce lithium-ion batteries and increasing demand for these resins for easy processing of extrusion, molding and compounding is catalyzing the market growth.

Besides this, they are utilized in cables and wires owing to their flexible, low-conductive and lightweight nature. These are further used in the military and commercial electronics, satellites, avionics, ships, trains, aircraft and offshore platforms. Furthermore, the rising electronics industry due to the increase in the sales of portable computing devices, gaming systems and smartphones is impelling the market growth. Moreover, governments of several nations are extensively investing in the renewable energy sector, thus creating a positive market outlook.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/pvdf-resin-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global PVDF Resin Market Analysis and Segmentation:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, AGC Chemicals (AGC Inc.), Akzo Nobel N.V., Arkema S.A, Daikin Industries Ltd., Dongyue Group, Kureha Corporation, PPG Industries Inc., Sinochem Lantian Co. Ltd., Solvay S.A, The Sherwin-Williams Company and Zhejiang Fotech International Co. Ltd.

The report has segmented the market on the basis of region, type, type of crystalline phase, application and end use industry.

Breakup by Type:

  • PVDF Granule
  • PVDF Powder

Breakup by Type of Crystalline Phase:

  • Alpha
  • Beta
  • Gamma
  • Delta

Breakup by Application:

  • Coating
  • Injection and Extrusion Products
  • Lithium-ion Battery Binders
  • Photovoltaic Film
  • Water Treatment Membranes
  • Filament

Breakup by End Use Industry:

  • Chemical Processing
  • Electrical and Electronics
  • Construction
  • New Energies
  • Oil and Gas
  • Pharmaceutical and Biomedical
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Also read: Mobile Imaging Services Market Demand Analysis and Projected huge Growth by 2027

Related Videos

Leave a Comment