The Asia-Pacific polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.4% over the forecast. China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific are the key economies contributing to the growth of the Asia-Pacific polyvinylidene fluoride (PVDF) market over the forecast period. The key aspect that drives the Asia-Pacific polyvinylidene fluoride (PVDF) market growth is the extensive growth in the building and construction industry in the region. China is the major contributor to the high growth of the polyvinylidene fluoride (PVDF) market in the Asia-Pacific region over the forecast period.
Further, a significant rise in smart city projects is further strengthening the growth of the market in the region. As per the German Asia-Pacific Business Association, the Chinese government is pushing the development of smart cities counting nearly 500 pilot projects in March 2019. Smart cities have buildings with many floors, which contribute to the demand for various building and construction materials including pipes and fittings, coatings and sheets, and many more which are likely to drive the growth of the Asia-Pacific polyvinylidene fluoride (PVDF) market over the forecast period. Furthermore, India and Japan markets are also likely to witness substantial growth in the near future.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered- By Applications and By End-User Industry
Regions Covered- Asia-Pacific
Competitive Landscape- 3M Co., Arkema Group, Daikin Industries Ltd., Dyneon GmbH, Kureha Corp., Mitsubishi Chemical Corp., RTP Co. Inc., SABIC, Saint-Gobain Performance Plastics, and Solvay SA among others
Asia-Pacific Polyvinylidene Fluoride (PVDF) Market – Segmentation
By Applications
- Films and Sheets
- Coatings
- Pipes and Fittings
- Wires and Semiconductor Processing
- Li-ion Batteries
- Others
By End-User Industry
- Electrical and Electronics
- Oil and Gas
- Chemical
- Transportation
- Building and Construction
- Other End-user Industries
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Asia-Pacific Polyvinylidene Fluoride (PVDF) Market – Segmentation by Region
- China
- India
- Japan
- ASEAN
- South Korea
Rest of Asia-Pacific
Company Profiles
- 3M Co.
- Arkema Group
- Daikin Industries Ltd.
- Kureha Corp.
- Mitsubishi Chemical Corp.
- RTP Co. Inc.
- SABIC
- Saint-Gobain Performance Plastics
- Shanghai 3F New Materials Co. Ltd
- Shanghai Ofluorine Chemical Technology Co. Ltd
- Solvay SA
- Zhejiang Fotech International Co. Ltd.
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