Polyvinylidene Fluoride (PVDF) Market Overview 2022 to 2030, Future Trends and Forecast | CAGR 6.7%

In accordance with the Polyvinylidene Fluoride (PVDF) market is set to grow at a CAGR of 6.7% over a forecast period (2022-2030).

Rising demand for PVDF in the building & construction industry due to its characteristic features such as high abrasion resistance, high chemical resistance, wear resistance, thermal resistance, UV resistance, and anti-skid. These factors are projected to boost the market during the forecast period.

Rising demand for PVDF coatings due to its excellent UV, chemical, and abrasion resistance in chemical processing and building & construction industries is driving the global polyvinylidene fluoride market. Additionally rising demand for PVDF for pipe and fittings to carry corrosive fluids in various industries such as oil & gas is anticipated to propel the demand for PVDF during the forecast period. PVDF liners offer high corrosion resistance and mechanical strength, under high pressure and vacuum conditions. PVDF-based pipe liners eliminate the usage of toxic corrosion inhibitors; reduce heat loss, which reduces potential pipe buckling; and reduce pumping costs; thus resulting in cost savings of up to 25%. High cost associated with transportation of raw materials such as vinyldiene fluoride (VF2) due to its high flammability properties is likely to hamper the market during the forecast period.

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The "Polyvinylidene Fluoride (PVDF) Market" Report includes qualitative and quantifiable insights into the major drivers, restraints, opportunities, and challenges affecting global market growth. The examination contains complete statistical market data on the major companies, as well as revenue forecasts. The Polyvinylidene Fluoride (PVDF) market study also includes information on the sales growth of many regional and country-level markets, as well as the competitive landscape and specific company analysis for the forecast period. The market report observes future growth aspects as well as the current status of market share, penetration of various types, technologies, applications, and geographies through 2030.

Polyvinylidene Fluoride (PVDF) Market Leading Players:

Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc.

This Research Considers the following Regions on Prime focus:

North America (U.S., Canada)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Regional Overview:

The growing need for Innovations in the industry to harmonize the technology to enhance product standards is estimated to complement development over the aforesaid period. There is no doubt that the U.S. has been dominating the market in North America with a share of over 80% in 2018 because of the high usage of technology in the pharmaceutical and healthcare industries.

After the US, the U.K., Italy, France, and Germany all together registered 71.2% of the total revenue in Europe.

The Asia Pacific market is estimated to show a CAGR growth by 15.6% over the estimated period due to the huge development of the pharmaceutical and food processing industries across the area.

Global Polyvinylidene Fluoride (PVDF) Market Segmentation:

By type:

Homopolymer

Copolymer

By Form:

Powder

Pellet

Latex

By application:

Chemical Processing

Oil & Gas

Electrical & Electronics

Solar

Automotive

Building & Construction

Others

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Year Considered Estimating the Market Size:

Historical Years: 2017-2021

Base Year: 2022

Estimated Year: 2022

Forecast Period: 2023-2030

Report Aim and Scope:

An overview of the Polyvinylidene Fluoride (PVDF) market based on geographical scope, segmentation, and financial performance of key players is presented in the report.
The report presents the estimated Polyvinylidene Fluoride (PVDF) market size by the end of the forecast period. Additionally, the historical and current market size is also examined in the report.
Based on various indicators, the Year-on-Year Growth (%) and compound annual growth rate (CAGR) for the given forecast period are offered.
The report presents current trends in the industry and the future scope of the market in North America, Asia Pacific, Europe, Latin America, and Europe.
The various parameters accelerating the growth of the Polyvinylidene Fluoride (PVDF) market is incorporated in the research report.
The report analyzes the growth rate, market size, and valuation of the market during the forecast period.

Key Reasons to Purchase:

- To gain insightful analyses of the market and have a comprehensive understanding of the global market and its industrial landscape.

- To identify and analyze the profile of leading players operating in the global Polyvinylidene Fluoride (PVDF) market.

- To understand the most affecting driving and restraining forces in the market and their impact on the global market.

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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials in various sectors including investment, information technology, telecommunications, consumer technology, and manufacturing markets. CDI helps investment communities, business executives and IT professionals make accurate, statistically-based decisions on technology purchases and promote strong growth tactics to maintain market competitiveness. Composed of a team of more than 100 analysts and a cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and national experience.

This release was published on openPR.