Press release
Polyvinylidene Fluoride (PVDF) Market Demand, Trends, Share, Scope & Forecast To 2028
Polyvinylidene Fluoride (PVDF) Market
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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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.
• 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.
• 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.
Emergen Research has segmented the global PVDF market on the basis of application, end-use, and region:
• Application Outlook (Revenue, USD Million; 2018–2028)
o Pipes and Fittings
o Wires and Semiconductor Processing
o Films and Sheets
o Membranes
o Coatings
o Li-ion Batteries
o Others
• End-use Channel Outlook (Revenue, USD Million; 2018–2028)
o Electrical and Electronics
o Oil and Gas
o Automotive Processing
o Building and Construction
o Chemical Processing
o Aerospace and Defense
o Others
Moreover, the report covers extensive analysis of the competitive landscape and the overall market growth and trends with regards to the key geographical regions such as North America, Latin America, Europe, AsiaPacific, and Middle East & Africa.The regional analysis segments are formulated in a way that offers a strong and effective business outlook of the global Polyvinylidene Fluoride (PVDF) market. The report also sheds light on the growth prospects, threats, drivers & restraints, limitations, and expansion opportunities along with current and emerging trends for the forecast period of 2021-2028.
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In conclusion, the report on the Polyvinylidene Fluoride (PVDF) industry is a detailed assessment of the market that offers the readers insightful data on the workings of the Polyvinylidene Fluoride (PVDF) sector, along with the global and regional scenarios. It also provides a competitive advantage to the reader to assist them in capitalizing on the prominent aspects of the Polyvinylidene Fluoride (PVDF) market.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Polyvinylidene Fluoride (PVDF) Market Segmentation & Impact Analysis
4.1. PVDF Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increase in demand from the military and aerospace sector
4.2.2.2. Rising demand for Lithium-ion batteries
4.2.3. Market restraints analysis
4.2.3.1. Negative impact of COVID-19
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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