Polyvinylidene Fluoride (PVDF) Market – Snapshot 

Polyvinylidene fluoride (PVDF) is a semi-crystalline thermoplastic that belongs to the fluorine polymers group. The fluorine content in PVDF is approximately 59% and it can be manufactured by emulsion and suspension processes. PVDF offers good chemical resistance and high thermal stability, good adhesion, weatherability, and high corrosion resistance. Rods, sheets, tubing, monofilament & drawn fibers, films, membranes, and cast parts are produced from PVDF. Key end-users industries of PVDF include building & construction, chemical processing, automotive, PV modules, oil & gas, and electrical & electronics. Additionally, PVDF finds application in industries such as electric vehicles, water treatment, wires & cables, and textiles. They are used in the form of coatings, sheets, films, pipes, and tubes in various end-use industries.

polyvinylidene fluoride pvdf market

The global polyvinylidene fluoride market has been segmented based on product, type, end-user, and region. In terms of product, the market has been segregated into powder, pellet, and latex. In terms of type, the market has been bifurcated into homopolymer and copolymer. Homopolymer PVDF grades are 100% pure polymer; therefore, they do not have any added substances. Pipes and equipment manufactured from these grades cater to diverse requirements of the construction and chemical processing industries. Copolymer is a flexible PVDF polymer, which exhibits very low shrinkage and excellent impact resistance. It is ideal for the use in insulation and buffering materials, which is used for wire and cable applications and for tubing. In terms of end-user, the polyvinylidene fluoride market has been segregated into chemical processing, solar, oil & gas, building & construction, automotive, electrical & electronics, and others.

PVDF is widely used as metallic coatings in various chemical processing industries for various applications such as heat exchangers, filters, membrane, and pumps. Traditional lining or coating products and poor adhesion of thermoplastics to a metal substrate and lack of consistency in coating applications can affect the service life of metal products. PVDF offers high performance in harsh and wide variety of chemicals. Additionally, it offers superior thermal resistance, corrosion barrier, and abrasion- and chemical-resistance. These factors are anticipated to significantly boost the demand for PVDF during the forecast period. PVDF is used as a solvent dispersion coatings for architectural applications, and shows high solvency in ester and ketone solvents. PVDF possesses crystalline and amorphous phase in its structure due to which PVDF coatings offers superior properties, such as high flexibility and solvent resistance. Rising demand for PVDF in the building & construction industry due to its characteristic features such as high abrasion resistance, high chemical resistance, wear resistance, thermal resistance, UV resistance, and anti-skid. These factors are projected to boost the market during the forecast period.

Rising demand for PVDF coatings due to its excellent UV, chemical, and abrasion resistance in chemical processing and building & construction industries is driving the global polyvinylidene fluoride market. Additionally rising demand for PVDF for pipe and fittings to carry corrosive fluids in various industries such as oil & gas is anticipated to propel the demand for PVDF during the forecast period. PVDF liners offer high corrosion resistance and mechanical strength, under high pressure and vacuum conditions. PVDF-based pipe liners eliminate the usage of toxic corrosion inhibitors; reduce heat loss, which reduces potential pipe buckling; and reduce pumping costs; thus resulting in cost savings of up to 25%. High cost associated with transportation of raw materials such as vinyldiene fluoride (VF2) due to its high flammability properties is likely to hamper the market during the forecast period. Additionally, PVDF is facing stiff competition from other thermoplastics such as PTFE, PVA, and PEEK. These substitutes are readily available and are less expensive than PVDF. This, in turn, is likely to restrain the market during the forecast period.  Rising demand for PVDF in lithium-ion battery separator coatings and electrode formulation expected to provide lucrative opportunities to the manufacturers operate in the global polyvinylidene fluoride market. PVDF is extensively used in the lithium battery industry when used as a binder in formulation of electrodes and in separator coatings. PVDF optimizes energy storage efficiency and reduces battery weight in electric vehicles or consumer electronics. 

In terms of region, the global polyvinylidene fluoride market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held a dominant share in the global market in 2018. Rise in demand for PVDF in various industrial components such as fabricated vessels, tanks, pumps, valves, filters, heat exchangers, tower packing, and piping systems, especially in chemical processing industries is likely to boost the market in the region during the forecast period. Additionally, increase in demand for PVDF with high color fastness and gloss in architectural coating applications for various residential, industrial, commercial, and institutional buildings is boosting the demand for PVDF. Surge in production of lithium-ion batteries and steady growth in the production of semiconductors in Japan, China, and South Korea are anticipated to provide lucrative opportunities to PVDF manufacturers in the region in the near future. In North America, the U.S. is a leading consumer of PVDF and is expected to provide lucrative opportunities in the near future. Rising shale gas exploration activities in the region is propelling the demand for flexible pipes and umbilical cables for offshore exploration, pipe for natural gas distribution, underground pipe for gas stations, and fuel lines in trucks and automobile. This, in turn, is expected to propel the demand for PVDF in the oil & gas industry.

Key players operating in the global polyvinylidene fluoride  market include Kureha Corporation, 3M Company, Arkema Group, Solvay Group, Rochling Group, Shanghai Ofluorine Chemical Technology Co., Ltd, The Quadrant Group of Companies, Daikin Industries Ltd, RTP Company, Ensinger GmbH, Ambofluor GmbH & Co. KG, Shanghai San Ai Fu New Material Technology Co., Ltd., Zhejiang Fotech International Co.,Ltd., Hubei Everflon Polymer Co., Ltd., and Juhua Group Corporation. These companies engage in capacity expansion and new product launches in lithium-ion battery applications to improve their product portfolios and to increase competition in the market. Arkema Group and Solvay Group are key competitors in the polyvinylidene fluoride market. They are engaged in new product launches and production capacity expansion to improve their geographical presence.   

Polyvinylidene Fluoride (PVDF) Market – Overview 

PVDF is a stable and tough thermoplastic, which belongs to the fluoropolymers group. It offers extreme inertness in harsh environments, flame, and smoke, and is durable and ease to process. It offers high thermal stability and chemical resistance against halogen chemicals such as chlorine dioxide, chloramines, sodium hypochlorite (NaOCl) bleach, aromatics, and oxidants. PVDF is commonly used for insulating electrical wires due to its properties such as flexibility, less weight, low thermal conductivity, and high chemical corrosion and heat resistance. It also find applications in various mechanical components such as valves, pumps, piping, filters, and industrial equipment such as heat exchangers and tower packing. 

The global polyvinylidene fluoride market has been segmented based on product, type, end-user, and region. In terms of product, the market has been categorized into powder, pellet, and latex. Based on type, the polyvinylidene fluoride market has been bifurcated into homopolymer and copolymer. In terms of end-user, the market has been segregated into chemical processing, solar, oil & gas, electrical & electronics, automotive, building & construction, and others. The chemical processing segment accounted for a dominant share of the polyvinylidene fluoride market in 2018. PVDF is extensively used as a liner inside of piping or fluid tanks, which are used to carry chemicals. PVDF are used in valves and fittings, pump parts, flanges, and spacers in chemical manufacturing plants due to its toughness and abrasion resistance.

Building & construction is a major segment of the global polyvinylidene fluoride market. PVDF-based coatings are known for their excellent UV, chemical, and abrasion resistance. They emit ultra-low VOCs and possess high color stability and durability. Several building contractors and applicators utilize high performance materials with low VOCs and low odor PVDF to improve productivity of architectural coating. Rise in production of lithium-ion batteries and rapid expansion of automotive and electronic industries across Asia Pacific are anticipated to propel sales of PVDF during the forecast period. PVDF is used in automobiles for molded parts, extruded profiles, or as protective coatings. PVDF films are used for automotive accessories, as they provide decoration and high resistance to corrosion and weathering. 

Based on region, the global polyvinylidene fluoride market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated the global market in 2018, followed by North America. Rise in demand for PVDF in water purification, medical purification, gas separation, food & beverages, filtration, and fuel cell membranes is estimated to boost the market in the region in the near future. Increase in demand for PVDF coatings in the building & construction industry and rise in demand for binders for lithium-ion batteries are projected to propel the demand for PVDF significantly in region during the forecast period. North America is expected to provide lucrative opportunities to PVDF manufactures during the forecast period. Rising oil & gas exploration and production activities and increasing PV installation in the U.S. are boosting the demand for PVDF in the region. Germany and France are expected to account for a considerable share of the PVDF market in Europe during the forecast period due to the presence of a large number of PVDF manufacturers in these countries. Capacity expansion and new product launches are key strategies adopted by PVDF manufacturers. For instance, In April 2018, Solvay Group, a Belgium-based leading manufacturer of PVDF, introduced next-generation Solef PVDF, which is employed to improve protection and performance of rigid and flexible pipes used in the recovery of oil and gas. Brazil and Mexico in Latin America are key countries for the polyvinylidene fluoride market. Increase in urbanization and rising PV installation are likely to be key factors driving the demand for PVDF in Latin America during the forecast period. Demand for PVDF is rising in the oil & gas industry in Middle East & Africa. This, in turn, is fuelling the demand for high-performance engineering thermoplastics such as PVDF possessing high resistance to chemicals in polyvinylidene fluoride. 

The report analyzes and forecasts the polyvinylidene fluoride market at the global and regional levels. The market has been projected in terms of volume (tons) and value (US$ Thousand) for the period from 2018 to 2027. The study includes drivers and restraints of the global polyvinylidene fluoride market. It also covers the anticipated impact of these drivers and restraints on the demand for PVDF during the forecast period. The report highlights growth opportunities in the polyvinylidene fluoride market at the global and regional levels. 

The report comprises detailed value chain analysis, which provides a comprehensive view of the global polyvinylidene fluoride market. The Porter’s Five Forces model of the market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein product, type, and end-user segments have been benchmarked based on their market size, growth rate, and general attractiveness. 

The study provides a decisive view of the global polyvinylidene fluoride market by segmenting it in terms of product, type, end-userm and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for polyvinylidene fluoride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report covers individual product, type, and end-user segments of the market in every region. 

The study includes profiles of major companies operating in the global polyvinylidene fluoride market. Key players profiled in the report are Kureha Corporation, 3M Company, Arkema Group, Solvay Group, Rochling Group, Shanghai Ofluorine Chemical Technology Co., Ltd, The Quadrant Group of Companies, Daikin Industries Ltd, RTP Company, Ensinger GmbH, Ambofluor GmbH & Co. KG, Shanghai San Ai Fu New Material Technology Co., Ltd., Zhejiang Fotech International Co.,Ltd., Hubei Everflon Polymer Co., Ltd., and Juhua Group Corporation. These players account for a major share of the global polyvinylidene fluoride market. Capacity expansion, mergers, and acquisitions are likely to augment sales of polyvinylidene fluoride in the next few years. Market leaders look for measures such as strategic pricing and product improvement to increase their market share. 

The report provides size (in terms of volume and value) of the global polyvinylidene fluoride market for the base year 2018 and the forecast for the period between 2019 and 2027.

Key Takeaways

  • Extensive analysis of market trends from 2018 to 2027 to identify growth opportunities and market developments
  • Identification of key factors useful to build a roadmap of growth opportunities for the polyvinylidene fluoride market at the global, regional, and country levels
  • Comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast of the global polyvinylidene fluoride market between 2019 and 2027
  • Detailed competition landscape of key players operating in the market to help understand the competition level
  • Classification of grades by brands on global level
  • Detailed pricing analysis based on product, regional, and key players
  • Porter’s Five Forces analysis that highlights the power of buyers and suppliers

The global polyvinylidene fluoride market has been segmented as follows: 

Type

  • Homopolymer
  • Copolymer

Form

  • Powder
  • Pellet
  • Latex

End-user

  • Chemical Processing
  • Oil & Gas
  • Electrical & Electronics
  • Solar
  • Automotive
  • Building & Construction
  • Others (including Food & Beverage Equipment, Fishing Lines, Aerospace, and Nonwoven Fabrics)

Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe 
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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Polyvinylidene Fluoride Market

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