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Global PVDF Resin Market Size, Share, Analysis, Forecast: By Type: Alpha, Beta, Gamma, Delta; By End-Use Industry: Chemical Processing, Construction, Electrical and Electronics, Oil and Gas, New Energies, Pharmaceuticals and Biomedical, Others; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global PVDF Resin Market Outlook
The global PVDF resin market attained a value of about USD 1.11 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.60% to reach nearly USD 2.15 billion by 2032.
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Rising Demand for PVDF Resins in the Chemical Industry Bolstering the Market Growth
The increasing use of PVDF resins in the chemical industry owing to their corrosion-resistance and high mechanical strength is driving the industry growth. The durability and toughness of PVDF resins make them ideal for boosting the toughness of chemicals, which is significantly contributing to the growth of the market. Moreover, the incorporation of various additives in PVDF resins is enhancing their physical, chemical, and mechanical properties, which, in turn, is bolstering their demand in the end-use industries and propelling the market growth.
The rising demand for electric vehicles in both developed and developing countries is increasing the preference for lithium-ion batteries with high energy output. As PVDF resins enhance the performance of lithium-ion batteries, they are preferred in electric vehicles, especially cars, which is driving the industry growth. Moreover, the use of PVDF resins in lithium-ion batteries is leading to enhanced safety, high battery density, and excellent power output to enable high voltage for the efficient functioning of electric vehicles, thereby providing further impetus to the market growth.
PVDF Resin: Market Segmentation
PVDF resin, variously known as polyvinylidene fluoride (PVDF) resin, is a thermoplastic that has high thermal stability and excellent mechanical properties. It is an extremely versatile thermoplastic and is primarily used in manufacturing sheets, coatings, and pipes for the construction industry. It also finds its applications in industries like chemical processing, oil and gas, electronics, and energy, among others.
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The major types of PVDF resin are:
- Alpha
- Beta
- Gamma
- Delta
The market can be broadly categorised on the basis of its end-use industries into:
- Chemical processing
- Construction
- Electrical and Electronics
- Oil and Gas
- New Energies
- Pharmaceuticals and Biomedical
- Others
Based on applications, the market is divided into:
- Resins
- Filaments
The EMR report looks into the regional markets of PVDF resin like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Use of PVDF Resins in the Electronics Industry to Propel the Growth of the Market
The growing use of PVDF resins in the electronics industry to control static electricity conduction or formation is augmenting the growth of the market. As PVDF resins feature high electroactive response, they are increasingly utilised in the development of sensors, capacitors, and actuators, among others, hence driving the market growth. The increasing demand for PVDF resins in the binding of cathodes and anodes in lithium-ion batteries in the electronics industry is also fuelling the market growth.
With the growing demand for high-end and diverse applications in electronic devices, PVDF is deployed to enhance insulation and data communications, which, too, is propelling the industry growth. In addition, the increasing trend of automation of electronic devices is escalating the demand for PVDF resin in automation equipment, thus providing impetus to the growth of the market. The excellent electromechanical properties of PVDF resin are surging its scope in applications like pumps and microvalves in biomedical engineering and robotics, which is anticipated to further bolster the industry growth.
Key Industry Players in the Global PVDF Resin Market
The report presents a detailed analysis of the following key players in the global PVDF resin market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- 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
- Shanghai Huayi 3F New Materials Co., Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End-Use Industry |
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| Breakup by Application |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global PVDF Resin Market Analysis
8.1 Key Industry Highlights
8.2 Global PVDF Resin Historical Market (2018-2023)
8.3 Global PVDF Resin Market Forecast (2024-2032)
8.4 Global PVDF Resin Market by Type
8.4.1 Alpha
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Beta
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Gamma
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Delta
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global PVDF Resin Market by End-Use Industry
8.5.1 Chemical processing
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Construction
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electrical and Electronics
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Oil and Gas
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 New Energies
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Pharmaceuticals and Biomedical
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global PVDF Resin Market by Application
8.6.1 Resins
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Filaments
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global PVDF Resin Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America PVDF Resin Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe PVDF Resin Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific PVDF Resin Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America PVDF Resin Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa PVDF Resin Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Kureha Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 RTP Company, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Arkema S.A.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Shanghai Ofluorine Co., Limited
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 3M Company
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Solvay SA
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Zhejiang Fotech International Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Daikin Industries, Ltd.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Zhuzhou Hongda Polymer Materials Co., Ltd
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Shanghai Huayi 3F New Materials Co., Ltd.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global PVDF Resin Market: Key Industry Highlights, 2018 and 2032
2. Global PVDF Resin Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global PVDF Resin Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global PVDF Resin Historical Market: Breakup by End-Use Industry (USD Million), 2018-2023
5. Global PVDF Resin Market Forecast: Breakup by End-Use Industry (USD Million), 2024-2032
6. Global PVDF Resin Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global PVDF Resin Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global PVDF Resin Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global PVDF Resin Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America PVDF Resin Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America PVDF Resin Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe PVDF Resin Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe PVDF Resin Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific PVDF Resin Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific PVDF Resin Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America PVDF Resin Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America PVDF Resin Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa PVDF Resin Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa PVDF Resin Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global PVDF Resin Market Structure
Key Questions Answered in the Report
In 2023, the global PVDF resin market attained a value of nearly USD 1.11 billion.
The market is projected to grow at a CAGR of 7.60% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 2.15 billion by 2032.
The market is being propelled by the rising use of PVDF resins in the chemical industry, the incorporation of additives in PVDF resins to boost their properties, and the growing demand for highly efficient lithium-ion batteries.
The industry is predicted to be propelled by the rising use of PVDF resins in the electronics industry, the growing demand for electronic devices with diverse applications, and the increasing scope of PVDF resins in robotics and biomedical engineering.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of PVDF resin in the industry are alpha, beta, gamma, and delta.
The significant end-use industries in the market are chemical processing, construction, electrical and electronics, oil and gas, new energies, and pharmaceuticals and biomedical, among others.
The various applications of PVDF resin are resins and filaments.
The major players in the industry 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.
Analyst Review
The global PVDF resin market attained a value of nearly USD 1.11 billion in 2023, driven by the rising use of PVDF resins in the chemical industry. Aided by the growing demand for PVDF resins in the electronics industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.60%. The market is projected to reach about USD 2.15 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the PVDF resin industry can be segmented into alpha, beta, gamma, and delta. On the basis of end-use industries, the market is divided into chemical processing, construction, electrical and electronics, oil and gas, new energies, and pharmaceuticals and biomedical, among others. By application, the market is categorised into resins and filaments. The major regional markets for PVDF resin are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 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.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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