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Polyvinylidene Fluoride (PVDF) Market Size Worth US $4.2 billion by 2031 and Growing at 7.8% CAGR over 2022-2031
PVDF Resin Market
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By region, Asia-Pacific held the major share in 2021, the same region would also showcase the fastest CAGR of 8.0% from 2022 to 2031. The other provinces assessed through the report include North America, Europe, and LAMEA.
The global polyvinylidene fluoride (PVDF) market is analyzed across the type of crystalline phase, application, end-use industry, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Application:
1. Membranes
2. Wire and Cable
3. Li-ion Batteries
4. Others
5. Pipes and Fittings
6. Films and Sheets
7. Coatings
By type of crystalline phase, the alpha phase of PVDF resin held the largest market share in 2021 and is projected to maintain its dominance by 2031. The beta phase segment, on the other hand, would showcase the fastest CAGR of 8.2% during the forecast period.
By end-use industry, the chemical processing segment contributed the largest share in the global polyvinylidene fluoride (PVDF) market share in 2021 and is projected to rule the roost by 2031. The automotive segment, on the other hand, would display the fastest CAGR of 7.8% throughout the forecast period.
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The key market players analyzed in the global polyvinylidene fluoride (PVDF) market report include 3M Company, Arkema, Daikin Industries Ltd., Dongyue Group Limited, Gujarat fluorochemicals limited, Kureha corporation, RTP Company, SABIC, Shanghai Ofluorine Co. Limited, Solvay and Zhejiang Fotech International Co. Ltd. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.
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