Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global PVDF Resin Market to reach USD 3.65 billion by the end of 2029

Global PVDF Resin Market Size study & Forecast, by Type (Alpha, Beta, Gamma, Delta) By End-user (Chemical Processing Industry, Electrical and Electronics, Building and Construction, Others) By Application (Membranes, Wire and Cable, Li-ion Batteries, Others) and Regional Analysis, 2022-2029

Product Code: CMAM-14500292
Publish Date: 10-04-2023
Page: 200

Global PVDF Resin Market is valued approximately USD 2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2022-2029. PVDF Resin is a type of thermoplastic fluoropolymer, possesses high inertness and stability. It is formed by the polymerization of vinylidene difluoride. PVDF resins are used for easy processing in molding, extrusion, and compounding as thermostatic polymers. The PVDF Resin market is expanding because of factors such increasing demand for PVDF resins in lithium-ion batteries and consumer preferences toward electric and hybrid vehicles.

According to the Statista, the global lithium-ion battery market was valued at 40.5 billion U.S. dollars in 2020. It is projected that the market will grow at a GACR of 14.6 %, reaching up to 92 billion U.S. dollars by 2026. Furthermore, Chinese is going to represents almost half of the global demand for electric vehicle lithium-ion batteries expected to reach up to 740 GWh in 2030. China is the largest market for electromobility in coming years. Another important component driving space consumer preferences toward electric and hybrid vehicles. As per Statista, in 2021, China’s plug-in electric vehicle fleet reached around 7.8 million units followed by the United States had approximately 2.1 million battery-electric vehicles and plug-in hybrid electric vehicles during the same year. In Addition, Revenue in the Plug-in Hybrid Electric Vehicles segment is projected to reach USD 134.40 billion in 2023 and expected to show an annual growth rate of 7.61% in between 2023 to 2027, resulting the projected market volume of USD180.20 billion by 2027. However, governments spending on the renewable energy sector stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global PVDF Resin Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to the presence of a high number of major companies and manufacturing facilities in the region. and growing industrialization in countries such as China, India According to Statista, in 2021, the value added in industry in Singapore grew by 13.4 % from the previous year, followed by India 10.3% and China at 8.2% respectively. Furthermore, North America is expected to grow significantly during the forecast period, owing to factors such as growing demand of PVDF in various applications such as oil & gas, and coatings for building & construction industries in the market space.

Major market player included in this report are:

Saudi Basic Industries Corporation
3M Company
Daikin Industries Ltd
RTP company
Shanghai Ofluorine Co. Limited
Gujarat Fluorochemicals Limited
Dongyue Group Limited
Kureha Corporation
Arkema S.A
Zhejiang Fotech International Co. Ltd

Recent Developments in the Market:
 In May 2021, Arkema planned the acquisition of Agiplast, a pioneer in the regeneration of high-performance polymers, particularly specialty polyamides and fluoropolymers in order to meet the rising market expectations in this area. Through this acquisition, Arkema was able to provide customers with a full range of services related to material circularity. This project, which supports the polymer industry’s sustainable growth, is completely consistent with Arkema’s sustainable growth strategy.

 In Feb 2022, GFL has plans to build an R-410a blending factory in the Middle East. The company also intends to increase the 120tpd to 220tpd capacity of its AHF, which will aid in the supply of vital initial raw materials for fluoropolymer, ref-gas, and battery chemicals.

Global PVDF Resin Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Type, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Alpha
Beta
Gamma
Delta

By End-user:
Chemical Processing Industry
Electrical and Electronics
Building and Construction
Others

By Application:
Membranes
Wire and Cable
Li-ion Batteries
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. PVDF Resin Market, by Region, 2019-2029 (USD Billion)
1.2.2. PVDF Resin Market, by Type, 2019-2029 (USD Billion)
1.2.3. PVDF Resin Market, by End User, 2019-2029 (USD Billion)
1.2.4. PVDF Resin Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global PVDF Resin Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global PVDF Resin Market Dynamics
3.1. PVDF Resin Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for PVDF resins in lithium-ion batteries
3.1.1.2. Consumer preferences toward electric and hybrid vehicles
3.1.2. Market Challenges
3.1.2.1. Governments spending on the renewable energy sector
3.1.3. Market Opportunities
3.1.3.1. Increasing use of PVDF resins in the aerospace and military industries
Chapter 4. Global PVDF Resin Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global PVDF Resin Market, by Type
6.1. Market Snapshot
6.2. Global PVDF Resin Market by Type, Performance – Potential Analysis
6.3. Global PVDF Resin Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. PVDF Resin Market, Sub Segment Analysis
6.4.1. Alpha
6.4.2. Beta
6.4.3. Gamma
6.4.4. Delta
Chapter 7. Global PVDF Resin Market, by End User
7.1. Market Snapshot
7.2. Global PVDF Resin Market by End User, Performance – Potential Analysis
7.3. Global PVDF Resin Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
7.4. PVDF Resin Market, Sub Segment Analysis
7.4.1. Chemical Processing Industry
7.4.2. Electrical and Electronics
7.4.3. Building and Construction
7.4.4. Others
Chapter 8. Global PVDF Resin Market, by Application
8.1. Market Snapshot
8.2. Global PVDF Resin Market by Application, Performance – Potential Analysis
8.3. Global PVDF Resin Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. PVDF Resin Market, Sub Segment Analysis
8.4.1. Membranes
8.4.2. Wire and Cable
8.4.3. Li-ion Batteries
8.4.4. Others
Chapter 9. Global PVDF Resin Market, Regional Analysis
9.1. PVDF Resin Market, Regional Market Snapshot
9.2. North America PVDF Resin Market
9.2.1. U.S. PVDF Resin Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
9.2.1.2. End User breakdown estimates & forecasts, 2019-2029
9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
9.2.2. Canada PVDF Resin Market
9.3. Europe PVDF Resin Market Snapshot
9.3.1. U.K. PVDF Resin Market
9.3.2. Germany PVDF Resin Market
9.3.3. France PVDF Resin Market
9.3.4. Spain PVDF Resin Market
9.3.5. Italy PVDF Resin Market
9.3.6. Rest of Europe PVDF Resin Market
9.4. Asia-Pacific PVDF Resin Market Snapshot
9.4.1. China PVDF Resin Market
9.4.2. India PVDF Resin Market
9.4.3. Japan PVDF Resin Market
9.4.4. Australia PVDF Resin Market
9.4.5. South Korea PVDF Resin Market
9.4.6. Rest of Asia Pacific PVDF Resin Market
9.5. Latin America PVDF Resin Market Snapshot
9.5.1. Brazil PVDF Resin Market
9.5.2. Mexico PVDF Resin Market
9.6. Rest of The World PVDF Resin Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Saudi Basic Industries Corporation
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. 3M Company
10.2.3. Daikin Industries Ltd
10.2.4. RTP company
10.2.5. Shanghai Ofluorine Co. Limited
10.2.6. Gujarat Fluorochemicals Limited
10.2.7. Dongyue Group Limited
10.2.8. Kureha Corporation
10.2.9. Arkema S.A
10.2.10. Zhejiang Fotech International Co. Ltd

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now