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Global Competitive Analysis of Polyvinylidene Fluoride (PVDF) Market
Global Competitive Analysis of Polyvinylidene Fluoride (PVDF) Market
As per a report published by Transparency Market Research, global polyvinylidene fluoride market is likely to expand at a moderate CAGR of 9.1% over the period of forecast period (2019-2027).

Polyvinylidene Fluoride (PVDF) has approximately 59% of fluorinecontent. It is manufactured from emulsion and suspension processes. Weatherability,high thermal stability, high corrosion resistance, chemical tolerance, and goodadhesion are some of the characteristics of polyvinylidene fluoride. Owing toaforementioned properties of polyvinylidene fluoride, it is widely employed inchemical processing, electrical & electronics, building & construction,oil & gas, and automotive industries.

In addition, polyvinylidene fluoride is also used in the form of sheets,pipes, coatings, and tubes in various end-use industries. Numerous applicationsin various end-user industries are likely to boost polyvinylidene fluoridemarket.

As per a report published by Transparency Market Research, global polyvinylidene fluoride market islikely to expand at a moderate CAGR of 9.1% over the period of forecast period(2019-2027).

Further, polyvinylidene fluoride is also used for coating purpose. Itoffers excellent chemical, abrasion, and UV resistance. Hence, the coatingfinds application in building & construction and chemical processingindustries. 

Chemical Industry Emerging as Major Consumer Due toCorrosive Resistant Property of PVDF

In addition, demand for polyvinylidene fluoride for manufacturing ofpipe and fitting is rising. Implementation of PVDF based pipe allows passage ofcorrosive fluids in various industries such as oil and gas. This factor islikely to propel demand for polyvinylidene fluoride during the forecast period.

Asia Pacific is anticipated to hold prominent share in the globalpolyvinylidene fluoride market during forecast period. The region is has beenwitnessing rise in demand for polyvinylidene fluoride in various industrialcomponents such as piping systems, fabricated vessels, filters, tanks, heatexchangers, valves, tower packing, pumps, and chemical processing industries.

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In addition, polyvinylidene fluoride with gloss and fastness is used forarchitectural coating in several commercial, residential, institutional, andindustrial buildings. This, in turn, is fuelling the demand rat polyvinylidenefluoride.

Implementation of PVDF in Electronic Sector Pushingthe Market in Asia Pacific

Further, increasing production rate of semiconductors and lithium-ionbatteries in South Korea, Japan, and China are likely to provide lucrativegrowth opportunities to polyvinylidene fluoride manufactures in the regionduring the forecast period.

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Meanwhile, North America is likely to follow Asia Pacific growthtrajectory. The U.S. is one of the leading consumers of polyvinylidene fluoridein the region. Shale gas exploration activities are rising in the region. As aresult demand for pipe for natural gas distribution, fuel lines in trucksand automobile, pipes and umbilical cables for offshore exploration, andunderground pipe for gas stations is also increasing.

Hence, demand for polyvinylidene fluoride oil and gas industry isexpected to growth in coming years.

Some of the prominent players operating in the global polyvinylidenefluoride market are The Quadrant Group of Companies, Kureha Corporation,Ambofluor GmbH & Co., 3M Company, Hubei Everflon Polymer Co. Ltd., DaikinIndustries Ltd, Shanghai San Ai Fu New Material Technology Co. Ltd., RTPCompany, Arkema Group, Juhua Group Corporation, , Shanghai Ofluorine ChemicalTechnology Co. Ltd, Solvay Group, Zhejiang Fotech International Co. Ltd., andRochling GroupEnsinger GmbH KG Ltd.

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