Key players in North America Polyvinylidene Fluoride Market are Arkema S.A., Daikin Industries, Ltd., KUREHA CORPORATION, Solvay S.A. & others.
(PRWEB) July 16, 2014
Polyvinylidene fluoride, or polyvinylidene difluoride (PVDF) is a highly non-reactive and pure thermoplastic fluoropolymer produced by the polymerization of vinylidene difluoride. PVDF is a specialty plastic material in the fluoropolymer family, widely used in applications such as chemical processing, Construction, Oil & Gas, New Energies, and others. Flexible Flow Lines, which is used as Inner liner for oil and gas is a growing application market for PVDF.
PVDF is capturing a major share in the market due to growth in the architectural coating segment, as well as its rising use in electronics industry, particularly in Lithium-ion batteries. PVDF application is not only limited to the chemical processing industry, but is widely used as insulation material in electronic and electric industries, computer industry, air/space industry to make cable sheathing, coating layer, condenser film, and others.
North America is a dominant market for PVDF owing to significant demand from the U.S. and the growing wire and cable market where PVDF are used as jacketing material and primary insulation material. PVDF is increasingly being used in North America for applications in lithium-ion batteries, architectural coating applications, and as a jacketing material in fiber optic cables. The growing chemical processing, cookware, bakeware, and medical market are supporting the demand for PVDF in the North American market. In addition, stringent government regulations to regulate the carbon emission in many countries in Western Europe and North America are supporting the adoption of lithium ion batteries in vehicles. PVDF is expected to capture a greater share of the U.S. market, advancing strongly through 2016 based on rebounding growth in the architectural coating segment, as well as greater usage in electronics, particularly advanced batteries
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Western Europe Polyvinylidene Fluoride Market
In Western European region, the growing demand from developing countries such as U.K., France, Italy, and Germany supplements the growth of PVDF in applications across various segments. The market share of PVDF, by volume, in Germany is 28.4%, France is 16.4% and others is 55.2%. Growth in this region is expected to be led by innovation, unlike Asia-Pacific region where it will majorly be due to low production cost. Germany hosts the entire value chain with the largest electronics industry; also, the amount of foreign direct investment (FDI) into the German electronics industry is expected to drive the consumer goods and appliances market, as it will eventually drive the PVDF electronics, and coatings industry. Followed by Germany, France is the third largest country in Western Europe, where the demand of PVDF is expected to grow to about 5.4% for the forecast period.
Asia-Pacific Polyvinylidene Fluoride Market
Asia-Pacific region is the fastest growing market for building & construction industry. The Asia-Pacific region emerged from the global financial crisis as a growth driver and anchor of stability of the global economy. According to the end-use segment of building and construction plastics, pipes, and ducts accounts for a major share in the total market, followed by insulation, where PVDF is used. Asia-Pacific held the largest share in the lithium-ion battery market in 2012, driven by the high use of electronic appliances in Japan and China. Lithium-ion battery has been used widely in the hybrid buses of China, which is further supporting the growth of PVDF growth in Asia-Pacific. Chinese PVDF industry is expected to maintain rapid growth, driven by the booming market, and resource advantages.
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