The global polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.5% over the forecast period (2024-2031). The global polyvinylidene fluoride (PVDF) market is segmented on the basis of applications and the end-user industry. Based on the applications, the market is segmented as films and sheets, coatings, pipes and fittings, wires and semiconductor processing, li-ion batteries, and others. The Li-ion batteries segment of the market is projected to hold the most lucrative share in the global polyvinylidene fluoride (PVDF) market. Based on the end-user industry, the market is segmented as electrical and electronics, oil and gas, chemical, transportation, building and construction, and others.
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The key aspect that drives the li-ion batteries segmental growth of the global polyvinylidene fluoride (PVDF) market is the properties possessed by the PVDF which are required for the manufacturing of lithium-ion batteries. Hence, an increase in the demand for the li-ion batteries is likely to propel the growth of the PVDF market over the forecast period. Li-ion batteries are used in a wide range of applications including electric vehicles (EVs), consumer electronics, medical devices, toys, and drones. It also has various industrial applications for power sources and backup. With the increased adoption of green energy, Li-ion batteries are finding huge applications, especially in solar energy. Hence, owing to these aforementioned factors, the growth of the PVDF market is likely to be witnessed over the forecast period.
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Market Coverage
- Segment Covered- By Applications and By End-User Industry
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- 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/region dominates the market in base year?
- Which segment/region 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 region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 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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