Description :
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 nonreactive 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 .
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Global PVDF market is expected to grow at a CAGR of 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 .
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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
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