Market Size – USD 856.5 Million in 2020, Market Growth – at a CAGR of 6.6%, Market Trends – Increased demand from oil & gas industries The global Polyvinylide
ne 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.
The report on the Global Polyvinylidene Fluoride (PVDF) Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth. The report further sheds light on the competitive landscape of the Polyvinylidene Fluoride (PVDF) market to offer the readers an advantage over others
.Browse Full Report with Facts and Figures of Polyvinylidene Fluoride (PVDF) Market Report https://www.emergenresearch.com/industry-report/polyvinylidene-fluoride-market
The competitive landscape section of the report talks about the recent advancements in the R&D and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
Some Key Highlights From the Report
- 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 prominent players profiled in the report are:
Major players in the market include 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.
Regional Analysis Covers:
- North America (U.S., Canada)
- 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)
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
- Membranes
- Coatings
- Li-ion Batteries
- Others
- 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
- Others
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