Robust Growth in Demand from Electrical & Electronics Sector to Lead Polyvinylidene Fluoride (PVDF) Market to Reach 130K Metric Tons by 2026 – Market Research Report (2022-2027) by Industry Experts, Inc.
Monday 04 Apr 2022
Industry Experts, Inc. unveiled market research report on Polyvinylidene Fluoride (PVDF). As per the new report entitled "Polyvinylidene Fluoride (PVDF) – A Global Market Overview", Asia-Pacific is the world's largest volume market for PVDF with an estimated 62% volume share in 2021 and further projected to record the fastest 2021-2026 CAGR of 16.2%.
The impact of coronavirus pandemic has evident across all regions, and the demand for Polyvinylidene Fluoride (PVDF) witnessed a moderate, compared to 2019, increase of 3% globally in 2020. Consumption of PVDF has decreased significantly by 5.2% in South America followed by Europe (-5.2% YOY) and North America (-4.2% YOY), while the impact was not evident in Asia-Pacific region and the demand for the same was registered a YOY growth of 8.6% in 2020, owing to the robust growth in Chinese, Japanese and South Korean lithium-ion battery separators market.
Almost all application sectors of Polyvinylidene Fluoride (PVDF) were impacted negatively by the COVID-19 pandemic, while Electrical & Electronics sector has not had any negative impact but rather demand was accelerated at a robust YOY rate of 21.6% in 2020. A year when the global economic downturn led to a sharp decline in overall vehicle sales, global sales of electrical vehicle (EV) increased by 36.4% in 2020. The overall PVDF market is expected to reach about 80K metric tons in 2022, valued at US$1.6 billion.
The market for end-use sectors of PVDF analyzed in this report includes analyzed in this report comprise Automotive & Transportation, Electrical & Electronics, Building & Construction, Chemical Processing, Industrial and Other.
This report reviews, analyzes and projects the PVDF market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 15 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan, South Korea and Taiwan; and South America – Brazil.
This 236-page global PVDF market report includes 171 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 7 key global players and 25 major players across North America – 3; Europe – 4; and Asia-Pacific – 18. The research also provides the listing of the companies engaged in manufacturing and processing of Polyvinylidene Fluoride resins. The global list of companies covers the address, contact numbers and the website addresses of 112 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/polyvinylidene-fluoride-pvdf-a-global-market-overview