Wilmington, Delaware, Oct. 09, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent industry analysis, the Global Polyvinylidene Fluoride Market value is US$ 8.2 million in 2023 and is expected to rise at a strong CAGR of over 6.5% over the forecast period of 2023-2030
Market Definition, Market Scope, and Report Overview
PVDF (polyvinylidene fluoride) is a thermoplastic polymer made from vinylidene fluoride monomers. PVDF is a versatile material utilized in a variety of applications due to its superior chemical resistance, mechanical strength, flame resistance, and weatherability.
PVDF is extremely thermally stable, preserving its characteristics even at high temperatures. This property qualifies it for high-temperature usage in industrial environments. The PVDF market is expanding, with constant R&D activities contributing to the expansion of its application areas.
- According to a deep-dive market assessment by RationalStat, the global polyvinylidene fluoride market has been analyzed on the basis of market segments, including application, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global polyvinylidene fluoride market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global polyvinylidene fluoride market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Polyvinylidene Fluoride Market: Segmental and Market Share Analysis
- On the basis of end user, oil and gas segment are likely to be important growth drivers for the PVDF market. However, the rising adoption of PVDF replacements is projected to restrict market growth.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 8.2 million |
| Market Size Forecast | US$ 13.5 million |
| Growth Rate | 6.5% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Producers and market players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global polyvinylidene fluoride market include,
- In November 2022, Solvay and Orbia announced a framework agreement to form a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF) for battery materials, resulting in the largest capacity in North America.
- In May 2021, Fillamentum, a major manufacturer of 3D printing materials, announced the release of high-performance engineering filament. Fluorodur is a PVDF material with a unique mix of chemical, mechanical, and thermal properties.
- Fluorodur is being used in Czech Academy of Sciences research projects to 3D print high-strength sealant structures for geological equipment.
Some of the prominent players and suppliers operating and contributing significantly to the global polyvinylidene fluoride market growth include Arkema, Daikin Industries Ltd, Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd, and Quadrant Engineering Plastics Products Inc., among others.
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RationalStat has segmented the global polyvinylidene fluoride market based on application, end user, and region
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
- Pipes and Fittings
- Films and Sheets
- Membranes
- Coatings
- Li-ion Batteries
- Wires and Semiconductor Processing
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by End User
- Electrical and electronics
- Oil and Gas
- Automotive Processing
- Chemical Processing
- Aerospace and Defense
- Building and Construction
- Others
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Deployment Mode
- On-premises
- Cloud
- Public
- Private
- Hybrid
- Network Function Virtualization (NFV)
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Organization Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Business Function
- Packet Filtering
- Stateful Packet Inspection
- Next-Generation Firewall
- Unified Threat Management
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Industry Vertical
- IT & Telecom
- Banking, Financial Services & Insurance (BFSI)
- Oil & Gas
- Healthcare
- Government & Defense
- Retail
- Manufacturing
- Energy & Power
- Logistics
- Others (Education, etc.)
- Global Polyvinylidene Fluoride Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Region
- North America Polyvinylidene Fluoride Market
- US
- Canada
- Latin America Polyvinylidene Fluoride Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Polyvinylidene Fluoride Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Polyvinylidene Fluoride Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Polyvinylidene Fluoride Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Polyvinylidene Fluoride Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Polyvinylidene Fluoride Market
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Key Questions Answered in the Polyvinylidene Fluoride Report:
- What will be the market value of the global polyvinylidene fluoride market by 2030?
- What is the market size of the global polyvinylidene fluoride market?
- What are the market drivers of the global polyvinylidene fluoride market?
- What are the key trends in the global polyvinylidene fluoride market?
- Which is the leading region in the global polyvinylidene fluoride market?
- What are the major companies operating in the global polyvinylidene fluoride market?
- What are the market shares by key segments in the global polyvinylidene fluoride market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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