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PVDF Resin Market Report by Type, Type of Crystalline Phase, Application, End Use Industry, and Region 2024-2032

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    Report

  • 136 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5769199
Description Jump to:
The global PVDF resin market size reached US$ 1.16 billion in 2023. Looking forward, the market is projected to reach US$ 1.88 billion by 2032, exhibiting a growth rate (CAGR) of 5.50% during 2023-2032.

Polyvinylidene fluoride (PVDF) is a thermoplastic fluoropolymer resin that is highly inert and stable with excellent chemical, abrasion, and flame resistance. It is produced from the polymerization of vinylidene difluoride (VDF) and offers high tensile strength, surface hardness, and heat and ultraviolet (UV) light resistance. As a result, it is used in the production of piping products, sheets, tubes, films, and plates around the world.

It is also utilized as coatings on metal roofs, garage doors, and wall panels and applied on curtain walls, aluminum windows and door framing, soffits, and sunshades to form aluminum extrusions. Besides this, it finds applications in the automotive and transportation, agriculture, packaging, aerospace and defense, oil and gas, pharmaceutical, biomedical, and chemical industries worldwide.

PVDF Resin Market Trends

The rising application of PVDF resins in the aerospace and defense industry to protect the equipment from moisture, shock, vibration and chemicals represents one of the key factors driving the market. Moreover, these resins are used as a binder for manufacturing lithium-ion batteries across the globe. This, along with the escalating demand for PVDF resins for easy processing in molding, extrusion and compounding, is propelling the growth of the market. In addition, they are used in wires and cables due to their lighweight, flexibility, and low thermal conductivity.

These cables are further used in commercial and military electronics, avionics, satellites, aircraft, helicopters, ships, trains, and offshore platforms. Besides this, expanding electronics industry on account of the rising sales of smartphones, portable computing devices, gaming systems is positively influencing the market. Furthermore, governments of several countries are extensively investing in the renewable energy sector, which, in turn, is projected to bolster the growth of the market.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global PVDF resin market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, type of crystalline phase, application and end use industry.

Breakup by Type:

  • PVDF Granule
  • PVDF Powder

Breakup by Type of Crystalline Phase:

  • Alpha
  • Beta
  • Gamma
  • Delta

Breakup by Application:

  • Coating
  • Injection and Extrusion Products
  • Lithium-ion Battery Binders
  • Photovoltaic Film
  • Water Treatment Membranes
  • Filament

Breakup by End Use Industry:

  • Chemical Processing
  • Electrical and Electronics
  • Construction
  • New Energies
  • Oil and Gas
  • Pharmaceutical and Biomedical
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, AGC Chemicals (AGC Inc.), Akzo Nobel N.V., Arkema S.A, Daikin Industries Ltd., Dongyue Group, Kureha Corporation, PPG Industries Inc., Sinochem Lantian Co. Ltd., Solvay S.A, The Sherwin-Williams Company and Zhejiang Fotech International Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global PVDF resin market in 2023?
2. What is the expected growth rate of the global PVDF resin market during 2024-2032?
3. What are the key factors driving the global PVDF resin market?
4. What has been the impact of COVID-19 on the global PVDF resin market?
5. What is the breakup of the global PVDF resin market based on the type?
6. What is the breakup of the global PVDF resin market based on the type of crystalline phase?
7. What is the breakup of the global PVDF resin market based on the end use industry?
8. What are the key regions in the global PVDF resin market?
9. Who are the key players/companies in the global PVDF resin market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global PVDF Resin Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 PVDF Granule
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 PVDF Powder
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type of Crystalline Phase
7.1 Alpha
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Beta
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Gamma
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Delta
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Coating
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Injection and Extrusion Products
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Lithium-ion Battery Binders
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Photovoltaic Film
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Water Treatment Membranes
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Filament
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Chemical Processing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Electrical and Electronics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Construction
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 New Energies
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Oil and Gas
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Pharmaceutical and Biomedical
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3M Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 AGC Chemicals (AGC Inc.)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Akzo Nobel N.V.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Arkema S.A
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Daikin Industries Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Dongyue Group
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Kureha Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 PPG Industries Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Sinochem Lantian Co. Ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Solvay S.A
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 The Sherwin-Williams Company
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Zhejiang Fotech International Co. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: PVDF Resin Market: Major Drivers and Challenges
Figure 2: Global: PVDF Resin Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: PVDF Resin Market: Breakup by Type (in %), 2023
Figure 5: Global: PVDF Resin Market: Breakup by Type of Crystalline Phase (in %), 2023
Figure 6: Global: PVDF Resin Market: Breakup by Application (in %), 2023
Figure 7: Global: PVDF Resin Market: Breakup by End Use Industry (in %), 2023
Figure 8: Global: PVDF Resin Market: Breakup by Region (in %), 2023
Figure 9: Global: PVDF Resin (PVDF Granule) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: PVDF Resin (PVDF Granule) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: PVDF Resin (PVDF Powder) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: PVDF Resin (PVDF Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: PVDF Resin (Alpha) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: PVDF Resin (Alpha) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: PVDF Resin (Beta) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: PVDF Resin (Beta) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: PVDF Resin (Gamma) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: PVDF Resin (Gamma) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: PVDF Resin (Delta) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: PVDF Resin (Delta) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: PVDF Resin (Coating) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: PVDF Resin (Coating) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: PVDF Resin (Injection and Extrusion Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: PVDF Resin (Injection and Extrusion Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: PVDF Resin (Lithium-ion Battery Binders) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: PVDF Resin (Lithium-ion Battery Binders) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: PVDF Resin (Photovoltaic Film) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: PVDF Resin (Photovoltaic Film) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: PVDF Resin (Water Treatment Membranes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: PVDF Resin (Water Treatment Membranes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: PVDF Resin (Filament) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: PVDF Resin (Filament) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: PVDF Resin (Chemical Processing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: PVDF Resin (Chemical Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: PVDF Resin (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: PVDF Resin (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: PVDF Resin (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: PVDF Resin (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: PVDF Resin (New Energies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: PVDF Resin (New Energies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: PVDF Resin (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: PVDF Resin (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: PVDF Resin (Pharmaceutical and Biomedical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: PVDF Resin (Pharmaceutical and Biomedical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: PVDF Resin (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: PVDF Resin (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: North America: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: North America: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: United States: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: United States: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Canada: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Canada: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Asia-Pacific: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Asia-Pacific: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: China: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: China: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Japan: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Japan: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: India: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: India: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: South Korea: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: South Korea: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Australia: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Australia: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Indonesia: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Indonesia: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Others: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Others: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Europe: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Europe: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Germany: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Germany: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: France: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: France: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: United Kingdom: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: United Kingdom: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Italy: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Italy: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Spain: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Spain: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Russia: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Russia: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Latin America: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Latin America: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Brazil: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Brazil: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Mexico: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Mexico: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Others: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Others: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Middle East and Africa: PVDF Resin Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Middle East and Africa: PVDF Resin Market: Breakup by Country (in %), 2023
Figure 95: Middle East and Africa: PVDF Resin Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Global: PVDF Resin Industry: SWOT Analysis
Figure 97: Global: PVDF Resin Industry: Value Chain Analysis
Figure 98: Global: PVDF Resin Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: PVDF Resin Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: PVDF Resin Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: PVDF Resin Market Forecast: Breakup by Type of Crystalline Phase (in Million US$), 2024-2032
Table 4: Global: PVDF Resin Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: PVDF Resin Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 6: Global: PVDF Resin Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: PVDF Resin Market: Competitive Structure
Table 8: Global: PVDF Resin Market: Key Players

Companies Mentioned

  • 3M Company
  • AGC Chemicals (AGC Inc.)
  • Akzo Nobel N.V.
  • Arkema S.A
  • Daikin Industries Ltd.
  • Dongyue Group
  • Kureha Corporation
  • PPG Industries Inc.
  • Sinochem Lantian Co. Ltd.
  • Solvay S.A
  • The Sherwin-Williams Company
  • Zhejiang Fotech International Co. Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages136
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 1.16 Billion
Forecasted Market Value ( USD ) by 2032 $ 1.88 Billion
Compound Annual Growth Rate5.5%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the PVDF Resin Market

PVDF Resin is a type of engineering plastic used in a variety of applications. It is a thermoplastic fluoropolymer with excellent chemical resistance, high temperature resistance, and low permeability. PVDF Resin is used in a variety of industries, including automotive, aerospace, and medical. It is also used in the production of pipes, tanks, and other components for industrial applications. PVDF Resin is also used in the production of coatings, adhesives, and sealants. It is also used in the production of electrical insulation and components. PVDF Resin is a versatile material that can be used in a variety of applications. Companies in the PVDF Resin market include Solvay, Arkema, Daikin Industries, 3M, and Asahi Kasei. Show Less Read more

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