Polyvinylidene Fluoride (PVDF) Market Research Report | Industry Trends & Size to Cross USD 96 Billion by 2030
Research Reports
Apr 11, 2023
The Polyvinylidene Fluoride (PVDF) Market is likely to grow at a healthy CAGR of 7.00% between 2023 – 2030, revealing the new Market Research Future (MRFR) report. The market industry of Polyvinylidene Fluoride (PVDF) is projected to grow from USD 55 Billion in 2023 to USD 96 Billion by 2030 Polyvinylidene fluoride or PVDF is a specialty plastic that is used in different applications where bases and acids, inertness to solvents, and high purity are the desired properties. It is a porous and extremely hard material and may be used at temperatures varying -80-300°F. PVDF is accessible as an insulator, plate, films, tubing, sheet, and piping product. This can be welded, molded, or injected and mostly used in the defines, medical, semiconductor, and chemical industries along with lithium-ion batteries. PVDF also comes in cross-linked closed-cell foam that is increasingly used in aerospace and aviation applications.
Numerous factors are adding to the polyvinylidene fluoride market demand. Such factors, as revealed by the latest MRFR report, include an increase in the demand in photovoltaic films, flexible flow lines, lithium-ion batteries, and coatings, increasing investments in R&D, rising acceptance of PVDF, strategic alliances and collaborations between industry players, and its high-performance properties owing to which it is widely used in new energy & electronics.
On the contrary, health & environmental concerns and the increasing threat of alternatives are factors that may limit the polyvinylidene fluoride market growth over the forecast period.
Get a Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4472
Key Players
Key players profiled in the global polyvinylidene fluoride market report include 3M, Arkema, Daikin Industries, Ltd, Solvay S.A, Shanghai Sanai Fu New Material Co., Ltd., Kureha Corporation, Ofluorine Chemical Technology Co., Ltd., Zhejiang Fotech International Co., Ltd., Zhuzhou Hongda Polymer Materials Co., Ltd., and the Quadrant group of companies. Industry players have incorporated strategies such as mergers and acquisitions, strategic alliances, collaborations, new product launches and development, among others to create a niche in the market.
Market Segmentation
The Market Research Future Report provides an inclusive segmental analysis of the polyvinylidene fluoride market based on end use and resin type.
By resin type, the polyvinylidene fluoride market is segmented into delta, gamma, beta, and alpha phase.
By end use industry, the polyvinylidene fluoride market is segmented into pharmaceuticals, oil and gas, building and construction, electrical and electronics, chemicals, and others. Of these, the chemicals industry will lead the market over the forecast period. This will be followed by the electrical and electronics segment which is predicted to grow at a high CAGR over the forecast period.
Check Discount: https://www.marketresearchfuture.com/check-discount/4472
Regional Analysis
By region, the global polyvinylidene fluoride market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will have the lions share in the market over the forecast period for the increasing use of new energies and a constant upward trend in building & construction. India & China are the major contributors in the region.
The polyvinylidene fluoride market in North America will have a healthy growth over the forecast period for the expanding construction industry and huge developments in electrical & electronics sector. The US is the key contributor in the region for the presence of top industry players.
The polyvinylidene fluoride market in Europe is predicted to have notable growth over the forecast period for its increasing use in the chemical, aerospace, and automotive industry. France, the UK, Italy, and Germany are the key contributors in the region for the rise of lightweight and electronics vehicles.
The polyvinylidene fluoride market in Latin America is predicted to grow at a higher CAGR while that in the MEA will have a sound growth for the increasing end use industries of polyvinylidene fluoride in the region.
Access Complete Report @ https://www.marketresearchfuture.com/reports/polyvinylidene-fluoride-market-4472
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Related Reports:
Pressure Sensitive Labels Market https://www.marketresearchfuture.com/reports/pressure-sensitive-labels-market-1497
Plastic Packaging market https://www.marketresearchfuture.com/reports/plastic-packaging-market-1688
Shrink Sleeve Labels Market https://www.marketresearchfuture.com/reports/shrink-sleeve-labels-market-1785
Medical Device Packaging Market https://www.marketresearchfuture.com/reports/medical-device-packaging-market-1934
Ampoules Packaging Market https://www.marketresearchfuture.com/reports/ampoules-packaging-market-2420
Contact Information:
Contact: Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com
Tags:
Wire, Research Newswire, English