Global PVDF Resin Market to 2028: Rising Application of PVDF Resins in the Aerospace and Defense Industry Drives Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "PVDF Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global PVDF resin market size reached US$ 944.1 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,362.1 Million by 2028, exhibiting a CAGR of 6.3% during 2022-2028.

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.

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.

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 Questions Answered in This Report

1. What was the size of the global PVDF resin market in 2022?

2. What is the expected growth rate of the global PVDF resin market during 2023-2028?

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?

Key Topics Covered:

1 Preface

2 Scope and 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

6.2 PVDF Powder

7 Market Breakup by Type of Crystalline Phase

7.1 Alpha

7.2 Beta

7.3 Gamma

7.4 Delta

8 Market Breakup by Application

8.1 Coating

8.2 Injection and Extrusion Products

8.3 Lithium-ion Battery Binders

8.4 Photovoltaic Film

8.5 Water Treatment Membranes

8.6 Filament

9 Market Breakup by End Use Industry

9.1 Chemical Processing

9.2 Electrical and Electronics

9.3 Construction

9.4 New Energies

9.5 Oil and Gas

9.6 Pharmaceutical and Biomedical

9.7 Others

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/gc69qs

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