The Global Polyvinylidene Difluoride (PVDF) Market size is projected to reach USD X.X billion by 2028, growing at a CAGR of 5.2% from 2017 to 2028. The growth can be attributed to the increasing demand for PVDF in various end-use industries such as architectural coatings, electronics and electricals, the energy industry, and others. In addition, the increase in adoption of green building norms across geographies is anticipated to fuel the demand for products that contain less volatile organic compounds including polymers that are used as adhesives or films such as PVDF-based films due to their flame retardant properties which makes them an ideal choice for insulation or fire protection applications.
PVDF is a type of fluoropolymer which belongs to the family of thermoplastics. It can be used in many applications such as adhesives, coatings, and sealants due to its chemical resistance properties. Polyvinylidene difluoride (PVDF) is a polymer of vinylidene fluoride. It has high chemical stability, good dielectric properties, and excellent insulation resistance. PVDF's primary use is as electrical insulation in the oil & gas industry. There are many benefits of using polyvinylidene difluoride (PVDF), including the following: - Versatility in terms of surface resistance and chemical compatibility, regardless of pH or temperature condition. PVDF can be used for a wide range of applications from solvents to water. It is also compatible with various chemicals that would otherwise attack a polymer coating such as vinyl acetate, acrylonitrile butadiene styrene, and epoxies. - High strength combined with excellent abrasion resistance provides high durability along with long-lasting protection against wear and corrosion under extreme weather conditions found on offshore installations, ships' hulls, etc. - The material has very good electrical insulation properties which makes it suitable for insulators and electromagnetic shields. - Being extremely heat resistant, PVDF is used extensively in the appliance industry particularly as a lining material for dishwashers & washing machines where it has to endure hot water temperatures of up to 80°C (176°F).
On the basis of Type, the global polyvinylidene difluoride (PVDF) market is segmented into Coating Grade, Injection/Extrusion Grade, Adhesive/Film Grade, and Other Grade.
Coating Grade type of polyvinylidene difluoride (PVDF) is a product that has been processed and prepared for application in the field of the coating industry. Coating grade polyvinylidene difluoride (PVDF) is a type of PVDF. It has a broad market opportunity in the global coating industry, thanks to its exceptional properties and their applications in architectural coatings, electronics & electrical, etc. The Coating Grade type of polyvinylidene difluoride (PVDF) offers the benefits such as flowability, processability, and high purity. Moreover, it is used in a wide range of applications where PVDF has excellent chemical resistance to a wide variety of chemicals including solvents, acids & bases.
Injection/Extrusion Grade type of polyvinylidene difluoride (PVDF) is manufactured by Thermal Polymer Corporation. It consists slightly better than the coating grade PVDF. The flowability, tear strength, and elongation properties are enhanced in this grade compared to other types of polyvinylidene difluoride (PVDF). Injection/Extrusion Grade is the premium grade that offers excellent chemical resistance, high purity, and superior physical properties. It can be used for a variety of purposes in electrical insulation coatings, adhesives & sealants among others. In addition to this, it provides an end-user with several benefits including: Wide application capabilities, Outstanding temperature tolerance capability which makes it useful in oil industry applications such as hydraulic injection system seals, pump parts, and valve seats, Cost-effective alternative when compared with other fluoropolymers, Excellent chemical resistance, High purity, and superior physical properties, Can be used in a wide range of applications including high voltage equipment, aerospace and automotive among others.
Adhesive/Film Grade type of polyvinylidene difluoride (PVDF) is a resin produced in film form. It offers excellent chemical resistance, thermal stability, and mechanical strength to the finished product. The high flow property makes it suitable for manufacturing products that are required to be highly flexible with good adhesive properties between layers. The Adhesive/Film Grade type of polyvinylidene difluoride (PVDF) has the features such as high dielectric strength, good aging resistance, and low water absorption. It is known for its excellent chemical stability with many polar chemicals and solvents.
On the basis of Application, the global polyvinylidene difluoride (PVDF) market is segmented into Architectural Coatings, Electronics & Electrical, and Other.
There are many applications of polyvinylidene difluoride (PVDF) in the Architectural Coatings industry. Some major uses include: PVDF coatings can be used to create a wide range of gloss levels for different decorative effects, including satin finishes and even an extremely high-gloss finish that simulates mirrors, PVDF paints have good weather ability, chemical resistance, abrasion resistance, thermal stability, and surface hardness, PVDF coatings can withstand high temperatures, making them great for both exterior and interior walls, Because of its unique chemical structure, the material has excellent insulating properties which help to reduce energy costs.
Polyvinylidene fluoride (PVDF) is a resin that can be used in the manufacturing of electronic components. Polyvinylidene difluoride (PVDF) is a polymeric material that has good dielectric properties, chemical resistance to acid and solvents. It also possesses outstanding mechanical strength, electrical resistivity with a low-temperature coefficient of capacitance stability against an electric field which makes it widely used in electronics industry applications.
On the basis of Region, the global polyvinylidene difluoride (PVDF) market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The UK is expected to be the fastest-growing country in the polyvinylidene difluoride (PVDF) market across North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The increase in population coupled with rising disposable incomes is some key factors responsible for this trend during 2016-2021. Some other countries such as Brazil and Argentina are also gaining growth momentum at a significant pace through 2021-2028.
North America is estimated to account for the largest share in the global polyvinylidene difluoride (PVDF) market. Growing demand from the energy industry and automotive industry are expected to drive North America’s growth during the forecast period. The European region accounts for a major share of the world PVDF market due to its large production capacity & growing demand from downstream industries such as automotive, consumer electronics, etc., China being one of the largest manufacturers globally. Factors such as increasing technological advancements leading to new product launches along with rising investments made towards infrastructure development will lead to a high growth rate during the forecast period. In addition, government support in the form of tax exemption & subsidies will lead to a high growth rate in emerging economies such as India and China.
The Asia Pacific region is slowly gaining prominence in the global market for polyvinylidene difluoride (PVDF). In addition, owing to growing demand from various application sectors such as the energy industry and architectural coatings, the Asia Pacific PVDF market has witnessed exponential growth over the past few years. The increasing consumption of fast-growing products such as residential buildings and automobiles along with rising investments by governments into renewable power generation are some of the leading factors that have contributed towards this surge in regional revenue proportion. The market for PVDF is expected to be driven by growing demand from the Middle East and Africa region. Countries such as Saudi Arabia, South Africa, Nigeria, and Algeria are witnessing rapid growth in the construction sector due to increased investment activities which is indirectly driving their respective polyvinylidene difluoride (PVDF) markets.
Up Market Research published a new report titled “Polyvinylidene Difluoride PVDF Sales Market research report which is segmented by Types (Coating Grade, Injection/Extrusion Grade, Adhesive/Film Grade, Other Grade), By Applications (Architectural Coatings, Electronics & Electrical, Energy Industry, Other), By Players/Companies Arkema, Solvay, Kureha, Dongyue Group, Shanghai 3F, 3M, Shandong Deyi, Zhejiang Fluorine, Sinochem Lantian, Zhejiang Juhua”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Polyvinylidene Difluoride PVDF Sales Market Research Report |
By Type | Coating Grade, Injection/Extrusion Grade, Adhesive/Film Grade, Other Grade |
By Application | Architectural Coatings, Electronics & Electrical, Energy Industry, Other |
By Companies | Arkema, Solvay, Kureha, Dongyue Group, Shanghai 3F, 3M, Shandong Deyi, Zhejiang Fluorine, Sinochem Lantian, Zhejiang Juhua |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 208 |
Number of Tables & Figures | 146 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Coating Grade, Injection/Extrusion Grade, Adhesive/Film Grade, Other Grade and By Application Architectural Coatings, Electronics & Electrical, Energy Industry, Other.
Some of the companies that are profiled in this report are:
Polyvinylidene Difluoride PVDF Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Polyvinylidene Difluoride PVDF Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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