Polyvinylidene fluoride (PVDF), also known as polyvinylidene difluoride, is an engineering plastic that belongs to the family of semi-crystalline fluoropolymers. It is a highly non-reactive fluoropolymer produced by the polymerization of vinylidene difluoride (VDF). PVDF is employed in applications involving high resistance, strength, and purity to acids, bases, solvents, and heat. It is also used as an important ingredient in high-end coatings for metal roofing in both, residential and commercial applications. PVDF membranes are widely used for immobilizing proteins owing to their affinity towards amino acids. Moreover, PVDF finds extensive use as sheets, films, tubes, and coatings in various end-user industries such as chemical processing, oil & gas, construction, and electrical & electronics.
Global PVDF market is expected to grow at a CAGR of 7.5% from 2016 to 2022, and reach $1,490 million by 2022 from $901 million in 2015. The world demand for PVDF resin has witnessed a noticeable growth over the past few years and the trend is expected to continue over the forecast period, owing to increase in demand in numerous applications and government support for R&D to find new commercial avenues. Rise in demand for lithium-ion batteries, photovoltaic films, and coatings is anticipated influence the market growth. PVDF has high demand in Europe, U.S., and other emerging economies such as China, India, and others. However, the increase in use of substitutes is expected to hamper the market growth.
The report segments the world PVDF resin market on the basis of end-user industry, type of crystalline phase, and geography. On the basis of end-user industry, it is divided into chemical processing, electrical & electronics, construction, automotive & transportation, new energies, oil & gas, pharmaceuticals & biomedical, and others. Based on type of crystalline phase, the market is segmented into alpha-, beta-, gamma- and delta-phase. The demand for beta-phase PVDF resin is expected to grow at the fastest rate over the forecast period owing to the superior piezoelectric properties. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is expected to be the largest region, both in terms of value and volume, followed by Asia-Pacific and Europe over the forecast period.
Major players in the world PVDF resin market focus on expanding their geographical presence and broaden their product portfolio by means of significant investments, mergers and collaborations in emerging economies. For instance, major companies such as Arkema S.A. have made significant investments for the expansion of PVDF polymer capacity in emerging economies such as China to meet the rapidly growing demand for PVDF resins. The company is also focused on expanding its portfolio of PVDF resin material in Brazil with the expansion of their coatings production capacity. This strategic investment would help the company offer diversified, more domestically produced additives, and waterborne emulsions, which are substantially taxed as imports in Brazil.
Comprehensive competitive analysis and profiles of major market players in the report are:
Daikin Industries, Ltd.
Dyneon GmbH & Co. KG
Shanghai 3F New Material Co., Ltd.
Shanghai Ofluorine Chemical Technology Co., Ltd.
Zhejiang Fotech International Co., Ltd.
Zhuzhou Hongda Polymer Materials Co., Ltd.
RTP Company, Inc.
KEY MARKET BENEFITS:
The study provides an in-depth quantitative analysis of the world PVDF resin market with current trends and future estimations to elucidate the imminent investment pockets.
The report provides the quantitative analysis of the current market and estimations through 2014–2022 to identify the prevailing market opportunities to capitalize on.
Extensive analysis of application forecasts the various types of PVDF resin that can be used in different end-user applications.
Competitive analysis highlights the business practices followed by leading players across various regions.
An in-depth analysis of current research and clinical developments that affect the market behavior.
Comprehensive analysis of all geographic regions are provided that determines the prevailing opportunities there.
Analysis of key market players and their strategies are discussed to identify the competitive outlook.
KEY MARKET SEGMENT:
The world PVDF resin market is segmented based on type of crystalline phase, end-user industry, and geography.
By Type of Crystalline Phase
By End-user Industry
Electrical & Electronics
Oil & Gas
Pharmaceuticals & Biomedical
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
1.1 Report description
1.2 Key Market Benefits
1.3 Key Market Segments
1.4 Research methodology
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top Investment Pockets
3.2.2 Top winning strategy
3.3 Value chain analysis
3.4 Porters five forces analysis
3.4.1 Bargaining power of the supplier
3.4.2 Bargaining power of the buyer
3.4.3 Threat of substitute
3.4.4 Competitive rivalry
3.4.5 Threat of new entrants
3.5 Market Dynamics
220.127.116.11 Rising Demand for PVDF Resin In Various End-user Industries
18.104.22.168 Collaborations & strategic alliances
22.214.171.124 High Performance Properties Coupled with Rising Acceptance of PVDF Resin to Fuel MaRket Growth
126.96.36.199 HIgh threat of Substitutes to hinder market growth
188.8.131.52 environmental & health concerns coupled with volatile prices acts as a challenge for the market
184.108.40.206 Significant opportunities in end-user industries
220.127.116.11 Significant Investments In Research & Development to Provide New Opportunities
3.6 Typical Properties of PVDF Resin
3.7 Emerging Trends in PVDF Resin Market
CHAPTER 4 WORLD PVDF RESIN MARKET, BY TYPE OF CRYSTALLINE PHASE
4.1.1 Market size and forecast
4.2.1 Market Size and Forecast
4.3.1 Market Size and Forecast
4.4.1 Market Size and Forecast
4.5.1 Market Size and Forecast
CHAPTER 5 WORLD PVDF RESIN MARKET, BY END-USER INDUSTRY
5.1.1 Market Size And Forecast
5.2 Chemical processing
5.2.1 Key Market Trends
5.2.2 Key Growth Factors And Opportunities
5.2.3 Market Size And Forecast
5.3 Electricals & Electronics
5.3.1 Key Market Trends
5.3.2 Key Growth Factors And Opportunities
5.3.3 Market Size And Forecast
5.4.1 Key Market Trends
5.4.2 Key Growth Factors And Opportunities
5.4.3 Market Size And Forecast
5.5 Pharmaceuticals & Biomedical
5.5.1 Key Market Trends
5.5.2 Key Growth Factors And Opportunities
5.5.3 Market Size And Forecast
5.6 Oil & gas
5.6.1 Key Market Trends
5.6.2 Key Growth Factors And Opportunities
5.6.3 Market Size And Forecast
5.7 New Energies
5.7.1 Key Market Trends
5.7.2 Key Growth Factors And Opportunities
5.7.3 Market Size And Forecast
5.8.1 Key Market Trends
5.8.2 Key Growth Factors And Opportunities
5.8.3 Market Size And Forecast
CHAPTER 6 WORLD PVDF RESIN MARKET, BY GEOGRAPHY
6.1.1 Market Size And Forecast
6.2 North America
6.2.1 Key Market Trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.3.1 Key Market Trends
6.3.2 Key Growth Factors And Opportunities
6.3.3 Market Size And Forecast
6.3.9 Rest of Europe
6.1.1 Key market trends
6.1.2 Key Growth Factors And Opportunities
6.1.3 Market Size And Forecast
6.1.8 Rest of Asia-Pacific
6.2.1 Key market trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.2.5 South Africa
6.2.7 Rest of LAMEA
CHAPTER 7 COMPANY PROFILE
7.1 Arkema S.A.
7.1.1 Company Overview
7.1.2 Company Snapshot
7.1.3 Operating Business Segments
7.1.4 Business Performance
7.1.5 Key Strategic Moves & Developments
7.2 Daikin Industries, Ltd.
7.2.1 Company Overview
7.2.2 Company Snapshot
7.2.3 Operating Business Segments
7.2.4 Business Performance
7.2.5 Key Strategic Moves & Developments
7.3 Dyneon GmbH & Co. KG
7.3.1 Company Overview
7.3.2 Company Snapshot
7.3.3 Operating Business Segments
7.3.4 Key Strategic Moves & Developments
7.4 Kureha Corporation
7.4.1 Company Overview
7.4.2 Company Snapshot
7.4.3 Operating Business Segments
7.4.5 Key Strategic Moves & Developments
7.5 Solvay S.A.
7.5.1 Company Overview
7.5.2 Company Snapshot
7.5.3 Operating Business Segments
7.5.4 Business Performance
7.5.5 Key Strategic Moves & Developments
7.6 Shanghai 3F New Materials Co., Ltd.
7.6.1 Company Overview
7.6.2 Company Snapshot
7.6.3 Key Strategic Moves & Developments
7.7 Shanghai Ofluorine Chemical Technology Co., Ltd.
7.7.1 Company Overview
7.7.2 Company Snapshot
7.8 Zhejiang Fotech International Co., Ltd.
7.8.1 Company Overview
7.8.2 Company Snapshot
7.8.3 Operating Business Segments
7.9 Zhuzhou Hongda Polymer Materials Co., Ltd.
7.9.1 Company Overview
7.9.2 Company Snapshot
7.10 RTP Company, Inc.
7.10.1 Company Overview
7.10.2 Company Snapshot
The industry players made significant investments on new commercial avenues for their product segments via strategic partnerships & collaborations. Governmental funding towards extensive research and development activities coupled with an increasing support for application of PVDF resin. There is a rise in demand for PVDF resin from various end-user industries and an increase in application scope owing to its superior properties. Also, the shift towards manufacturing and application of beta-phase is expected to drive the demand for PVDF resin over the forecast period. However, a growing threat of substitution and growing concerns over environmental and health impact of PVDF resin could hamper the market growth during the forecast period.
In the year 2015, chemical processing segment was the largest end-user industry, with around one-third value share of PVDF resin market, followed by construction, oil & gas, new energies, electrical & electronics and pharmaceuticals segment. The extraordinary physio-chemical properties of PVDF resin, such as piezoelectric, mechanical, and chemical & U.V resistance properties have increased its penetration in a wide array of application, as it results in improved performance of the end product.
Key Findings of the PVDF Resin Market
Beta-phase segment is expected to witness highest CAGR of 8.1% during the forecast period.
Chemical processing and construction segment together accounted for more than half of the market share in 2015.
New energies segment is expected to register highest growth over the forecast period.
Asia-Pacific is anticipated to lead the market throughout 2022, growing at a CAGR of 8.3%, in value terms.
In 2015, U.S. and China led the world demand in the PVDF resin market.
In 2015, North America and Asia-Pacific collectively accounted for nearly two-thirds of the worldwide demand for PVDF resin and are expected to maintain their lead position throughout the forecast period. However, Asia-Pacific is projected to be the fastest growing region, followed by Europe, LAMEA and North America.
The report provides comprehensive analysis of the key players that operate in the world PVDF resin market such as Arkema S.A., Daikin Industries, Ltd., Dyneon GmbH & Co. KG, Kureha Corporation, Solvay S.A., Shanghai 3F New Material Co., Ltd., Shanghai Ofluorine Chemical Technology Co., Ltd., Zhejiang Fotech International Co., Ltd., Zhuzhou Hongda Polymer Materials Co., Ltd., and RTP Company, Inc. These players occupy a major share in the world PVDF resin market followed by other tier 2 and tier 3 players worldwide.
- Arkema SA
- Daikin Industries Ltd
- Dyneon GmbH & Co KG
- Kureha Corporation
- Solvay SA
- Shanghai 3F New Material Co Ltd
- Shanghai Ofluorine Chemical Technology Co Ltd
- Zhejiang Fotech International Co Ltd
- Zhuzhou Hongda Polymer Materials Co Ltd
- RTP Company Inc