PVDF Resin Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global PVDF Resin Market: Snapshot
The global PVDF resin market has seen an upswing in the past couple of years and going forward too is expected to retain that trend. Majorly fuelling the market is the rising usage of PVDF resin in various end-use industries. Their excellent performance is one of the primary reasons behind it.
In order to cater to demand from various consumers, market players are seen investing in product innovations and indulging in strategic alliances with other leading companies. Moreover, the rising penetration of PVDF resin in industries such as aviation, automotive, oil and gas, and new energies is fur slated to provide a shot in the arm to market by driving the demand for PVDF resin in the next couple of years. Posing a challenge to the market, on the other hand, is the emergence of substitutes, rising environmental concerns, and volatility in raw material prices.
Some of the prominent regions in the global PVDF resin market are Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Among them, Asia Pacific is slated to become one of the dominant region in the global PVDF resin market on account of rising investments in industries such as automotive, pharmaceuticals, chemical, and oil and gas. The region’s growth will be primarily powered by the developing economies of India and China owing to the swift pace of industrialization.
Some of the prominent participants in the global PVDF market are Arkema S.A., Daikin Industries, Ltd., Dyneon GmbH & Co. KG, Kureha Corporation, Shanghai Ofluorine Chemical Technology Co., Ltd., Solvay S.A., and RTP Company, Inc.
Global Polyvinylidene Fluoride (PVDF) Resin Market: Snapshot
In materials and polymer chemistry, resin is a solid or tremendously glutinous material found from a plant or from a synthetic origin which is principally converted into polymers. They are often a combination of organic compound, mainly terpenes and its byproducts. Several plants, mainly woody plants, give it away as a result of any wound. The resin thus acts a protection to the plant from the invading pathogens and insects. Many resins also comprise a rather sizeable amount of resin acids. The single components of the resin can be unglued through fractional distillation. Many materials are manufactured through the conversion to solids from synthetic raisins.
Polyvinylidene fluoride is the homopolymer of 1, 1-di-fluoro-ethene. The properties which it has such as high electrical ability and desirable insolubility are the result of the polarity of irregular CF2 and CH2 groups of the polymer chain. Hard and porous PVDF can be used at temperatures ranging from -80 to 300 degree F. PVDF is available as an insulator, plate, films, tubing, sheet, and piping products. It can be welded or molded, injected, and used in the defense, medical, semiconductor, and chemical industries. PVDF resin can also be found as a closed-cell cross-linked foam, thus can is highly used in aerospace and aviation applications.
The report examines the growth of the global PVDF resin market that occurred in the last over the last few years and is likely to occur in the coming years. The research publication additionally explains the causes of the fluctuations in the global market. It does this by assessing of the facets and the different trends that have been prevalent from past few years and also the aspects that are anticipated to maintain a strong impact on the market over the coming years. The Porter’s five forces analysis has been considered by analysts to present a clear picture of the vendor landscape to readers. Agreements, mergers, acquisitions, and other dealings have been further mentioned in the study. It focuses on the strategies, products, and market share along with position of the companies operating in the market.
Global Polyvinylidene Fluoride (PVDF) Resin Market: Trends and Opportunities
The global PVDF resin market is expected to be driven by the growing demand for PVDF resin across several end-use industries. The growing acceptance of PVDF resin coupled with high performance characteristics are expected to further bode well for the growth of the market. To meet the incessant growing demand from consumers, market players are focusing on innovating their products and create strategic alliances with other leading companies. Moreover, the rising penetration of PVDF resin in industries such as aviation, automotive, oil and gas, and new energies is further expected to drive the demand for PVDF resin over the coming years. However, growing threat from substitutes, rising environmental concerns, and fluctuating prices of raw materials are likely to hamper the growth of the market.
Global Polyvinylidene Fluoride (PVDF) Resin Market: Regional Outlook
Asia Pacific is expected to emerge as a prominent region in the global PVDF resin market owing growing investments in industries such as automotive, chemical, pharmaceuticals, and oil and gas and rapid industrialization. China and India are likely to provide lucrative growth opportunities to manufacturers.
Global Polyvinylidene Fluoride (PVDF) Resin Market: Vendor Landscape
Some of the leading companies in the market are Arkema S.A., Daikin Industries, Ltd., Kureha Corporation, Dyneon GmbH & Co. KG, Solvay S.A., Shanghai Ofluorine Chemical Technology Co., Ltd., and RTP Company, Inc.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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