Press Release
Press Release
The Asia Pacific region accounts for a significant share of the PVDF resin industry owing to the rising demand for the thermoplastic in various end-use industries. The rapid industrialisation in developing countries like India, Indonesia, and Vietnam, among others in the region is surging the use of PVDF resins, which is propelling the market growth. With the robust rise of the manufacturing industry in the region, especially in India and China, the demand for PVDF resin in versatile industries ranging from automobiles to chemical processing is surging, hence fuelling the industry growth. In addition, the exponential rise of the population, along with rapid urbanisation, is leading to the robust growth of the construction industry. This, in turn, is escalating the use of PVDF coatings and invigorating the growth of the PVDF resin industry. As the manufacturing and demand for electronic devices is significantly surging in the region, the market for PVDF resin is poised to witness robust growth in the coming years.
Arkema S.A. (OTCMKTS: ARKAY), one of the leading companies in the market, launched Kynar PVDF range in June 2021. The product range features sustainable grades that are made up of renewable carbon derived from crude-oil bio feedstock. The product range is expected to be produced in the company’s Pierre-Benite plant in France for its European customers. The plant is predicted to initially manufacture PVDF that is targeted for the lithium-ion battery industry. The technology used in the production of the product range marks a significant step to combat rapid climate change while reducing the dependence on upstream crude oil consumption. The company is projected to manufacture PVDF range using fluorine derived from the agricultural industry. The products are estimated to be commercialised by 2022. Such developments are fuelling the growth of the market.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global PVDF resin market are Kureha Corporation, RTP Company, Inc., Arkema S.A., Shanghai Ofluorine Co., Limited, 3M Company, Solvay SA, Zhejiang Fotech International Co., Ltd., Daikin Industries, Ltd., Zhuzhou Hongda Polymer Materials Co., Ltd, and Shanghai Huayi 3F New Materials Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.