The latest Polyvinylidene Fluoride market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws reader’s attention to the ever-changing patterns of the Polyvinylidene Fluoride industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Polyvinylidene Fluoride industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.
The global Polyvinylidene Fluoride (PVDF) market size is expected to reach USD 1,433.5 Million at a steady CAGR of 6.6% in 2028, according to latest analysis by Emergen Research. High demand for PVDF from various end-use industries such as electrical, chemical processing, and construction is driving market revenue growth to a significant extent over the forecast period. Robust performance and increasing adoption of PVDF in a range of applications is expected to continue to fuel revenue growth of the market going ahead.
Rising investment by major players in R&D of PVDF to explore further scope of applications due to good radiation resistance and abrasion resistance, as well as due to the fact that the material is melt processable is a key factor expected to support market growth going ahead. Products made from PVDF offer resistance to algae and microbial growth. It also resists smoke and fire, damage from ozone exposure, and is naturally unaffected by UV degradation that most plastics are susceptible to. These factors contributing significantly to rising demand for PVDF and the trend is expected to continue going forward.
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The report by Emergen Research, titled ‘Global Polyvinylidene Fluoride Market,’ studies a wide spectrum of factors impacting the performance of the Polyvinylidene Fluoride market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2028).
The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Polyvinylidene Fluoride market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Polyvinylidene Fluoride industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.
The research offers an in-depth survey about the performance of each key player in the Polyvinylidene Fluoride market. It provides information about their current advancements and key market strategies. The Polyvinylidene Fluoride report also aims to provide additional information about suppliers, buyers, and manufacturers. The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. The company profiles of the established and new players have also been assessed in the Polyvinylidene Fluoride report through effective analytical tools like SWOT analysis.
Top key Companies in Polyvinylidene Fluoride Market are:
Solvay S.A., Arkema, SABIC, 3M, Kureha Corporation, Daikin Industries Ltd., Shanghai Ofluorine Chemical Technology Co. Ltd., Dyneon GmbH, Quadrant Engineering Plastics Products Inc., and Zhuzhou Hongda Polymer Materials Co. Ltd.
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The report further segments the Polyvinylidene Fluoride market on the basis of product types and application spectrum offered in the market. The report also offers insights into the segment expected to show significant growth over the projected period. The study focuses on the growth rate of every segment and is explained through detailed graphs, figures, charts, and tables. These segments are analysed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Polyvinylidene Fluoride industry in key regions.
Emergen Research has segmented the global PVDF market on the basis of application, end-use, and region:
- Application Outlook (Revenue, USD Million; 2018–2028)
- Pipes and Fittings
- Wires and Semiconductor Processing
- Films and Sheets
- Li-ion Batteries
- End-use Channel Outlook (Revenue, USD Million; 2018–2028)
- Electrical and Electronics
- Oil and Gas
- Automotive Processing
- Building and Construction
- Chemical Processing
- Aerospace and Defense
Some Key Highlights From the Report
- In May 2021, Fillamentum, which is a leading 3D printing material provider, announced the launch of high-performance engineering filament. The product Fluorodur is a PVDF material and is characterized by combination of chemical, mechanical, and thermal properties. Fluorodur is being used in research projects at Czech Academy of Sciences to 3D print high-strength sealant structures for geology equipment.
- Pipes and fittings segment accounted for a significantly large revenue share in 2020. PVDF pipes are easy to install, cost-effective, chemical-resistant, and environmentally sound. PVDF pipes have high dielectric and mechanical properties, which makes it the ideal material for applications in oil & gas and chemical processing industries. Surge in adoption of PVDF material pipes in the construction industry is also driving revenue growth of this segment.
- Oil & gas industry is one of the major consumers of PVDF pipes and fittings. Offshore oil & gas production has some of the most extreme and demanding conditions. Pipes and fittings used in the sector must be highly weather resistant and long-lasting. Expansion of oil & gas facilities is creating major demand for PVDF. ONGC has produced blueprints to increase production of crude oil by 4 million metric ton, and plans to double its natural gas production by 2021. This will drive growth of the oil and gas segment to some extent going ahead.
- PVDF market in Asia Pacific accounted for significantly rapid revenue growth rate in 2020 due to high demand from China. Expansion of chemical processing sites in China by leading manufacturers such as CNCP and SINOPEC is expected to drive market revenue growth. Surge in demand for filtration of industrial wastewater and water treatment in the region will continue to boost Asia Pacific PVDF market growth.
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The report gives a comprehensive analysis of the Polyvinylidene Fluoride market at the global and regional level, and the forecast has been presented in terms of value and price for the period of 8 years from 2020-2027. The report covers an extensive study of the market drivers and restraints on the global scale and provides an impact analysis of those market drivers and restraints on the demand and supply ratio for the Polyvinylidene Fluoride market throughout the forecast period.
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Global Polyvinylidene Fluoride Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
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Key takeaways of the Global Polyvinylidene Fluoride Market report:
- The report sheds light on the fundamental Polyvinylidene Fluoride market drivers, restraints, opportunities, threats, and challenges.
- It elaborates on the new, promising arenas in the leading Polyvinylidene Fluoride market regions.
- It examines the latest research & development projects and technological innovations taking place in the key regional segments.
- The research report reviews the regulatory framework for creating new opportunities in various regions of the Polyvinylidene Fluoride market
- It focuses on the new revenue streams for the players in the emerging Polyvinylidene Fluoride markets.
- Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.
Overview of the TOC of the Report:
- Introduction, Scope, and Overview
- Opportunities, Risks, and Drivers
- Competition landscape analysis with sales, revenue, and price
- Extensive Profiling of the Polyvinylidene Fluoride key competitors with the sales figures, revenue, and market share
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the Polyvinylidene Fluoride market by type, application, and manufacturers
- Polyvinylidene Fluoride Market Segmentation based on types
- Polyvinylidene Fluoride Market segmentation based on applications
- Historical and forecast estimation
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