US polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.5% over the forecast period (2021-2027). The key aspect that drives the US polyvinylidene fluoride (PVDF) market growth is the properties possessed by the PVDF. PVDF has a glass transition temperature (Tg) of about ?35 °C and is typically 50–60% crystalline. PVDF resin has been recorded stable up to 707 °F (375 °C). PVDF exhibits an increased chemical resistance and compatibility among thermoplastic materials. PVDF also possesses resistance to strong and weak acids, oxidants, weak bases, hydrocarbons, among others. Hence, these properties possessed make PVDF suitable for use across oil & gas industries. Hence, this creates scope for market growth.
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Another key factor that propels the market growth is the rapid growth in the oil & gas industries in the country over the forecast period. The US is also considered as one of the key countries in the exploration of unconventional crude oil reserves and the application of hydraulic fracturing. The production of oil has been increased over the past few years, which is likely to be enhancing the consumption of pipes and fittings in exploration and production activities. This, in turn, is likely to create a wide scope for the growth of the PVDF market in the country over the forecast period.
A Full Report of US Polyvinylidene fluoride (PVDF) Market is Available at: https://www.omrglobal.com/industry-reports/us-polyvinylidene-fluoride-pvdf-market
Market Coverage
- Market number available for – 2020-2026
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Applications and By End-User Industry
- Country Covered- The US
- 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
US 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.)
