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NEW YORK , Sept. 14, 2022 /PRNewswire/ -- The "Polyvinylidene Fluoride (PVDF) Market by Type and Geography - Forecast and Analysis 2022-2026" report by Technavio expects the market size to grow by USD 318.77 million , accelerating at a CAGR of 6.79% during the forecast period. This latest research report by Technavio considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download PDF Report Sample
Some of the key players identified in the global polyvinylidene fluoride (PVDF) market study include:
The global PVDF market is moderately competitive and fragmented. Vendors are focusing on expanding their market share by adopting strategies such as M&A. They are also trying to establish a strong customer base by distributing their products across the world through retail and online distribution channels to remain competitive and gain significant market share.
The polyvinylidene fluoride (PVDF) market will be primarily driven by developments in the construction sector will aid in market growth, increased focus on research and development (R&D) and the increasing use of PVDF in aerospace and military industries will further drive the growth of the market during the forecast period.
Besides, factors such as the growing demand for electric vehicles (EVs) and electronic products. In addition, increasing investments in the renewable energy sector and the growing applications of heat-resistant polymers in bioelectronics devices will emerge as major trends in the market.
The global PVDF market is analyzed across the following segments.
Based on the type, the market growth in the homopolymer segment will be significant over the forecast period. The segment is driven by the advantages of homopolymer PVDF over copolymer PVDF such as higher strength, stiffness, and heat deflection temperature. In addition, the increasing use of PVDF homopolymers in manufacturing pipes and fittings, films and sheets, wire and cable, coatings, membranes, and lithium-ion batteries is fostering the growth of the segment.
The market growth in APAC will be significant during the forecast period. The region will account for 60% of the global market share. The growth of the regional market is driven by the increase in the demand for heat-resistant polymers in the packaging of automotive and electronic parts. In addition, an increase in production capacity by vendors will foster the growth of the polyvinylidene market in APAC during the forecast period.
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Polyvinylidene Fluoride (PVDF) Market Scope
Accelerate at a CAGR of 6.79%
APAC, North America, Europe, Middle East and Africa, and South America
US, Canada, China, India, Japan, and Germany
Leading companies, competitive strategies, consumer engagement scope
3M Co., Aetna Plastics Corp., Aritech Chemazone Pvt. Ltd., Arkema S.A., Daikin Industries Ltd, Devtaar GmbH, Ensinger GmbH, Fotech Co. Ltd., Gujarat Fluorochemicals Ltd., Kureha Corp., Nanoshel LLC, Otto Chemie Pvt. Ltd., Rochling SE and Co. KG, RTP Co., Shanghai Huayi 3F New Materials Co. Ltd., Shanghai Ofluorine Co. Ltd., Simtech Process Systems, Solvay SA, SpecialChem S.A., and Swami Plast Industries
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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