The North America polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.3% over the forecast period (2021-2027). The US and Canada are the key economies contributing to the growth of the North America polyvinylidene fluoride (PVDF) market over the forecast period. The key aspect that drives the North America polyvinylidene fluoride (PVDF) market growth includes rapid evolution in end-user industries such as electrical and electronics, oil and gas, chemical, transportation, building and construction, and other end-user industries. The rise in urbanization provides ample opportunities for the North America polyvinylidene fluoride (PVDF) market growth as growing urbanization creates massive demand for PVDF products such as pipes and fitting and others in the building and construction industry.
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Further, the well-established chemical sector in the country. The chemical industry in the region contributed $866 billion to the North American GDP in 2017 as per ICCA. As per the World Bank Data, North America’s GDP was $22.3 trillion in 2018. In the region, there has been an increase in the domestic oil and natural gas production, due to the increased demand from the end-use market, which positively impacted the growth of the market. The presence of the key players such as 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 are also contributing to the growth over the forecast period.
A Full Report of North America Polyvinylidene fluoride (PVDF) Market is Available at: https://www.omrglobal.com/industry-reports/north-america-polyvinylidene-fluoride-pvdf-market
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Applications and By End-User Industry
- Regions Covered- North America
- 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
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in base year?
- Which segment will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
North America 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
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
