PVDF Resin Market Research Report – Recent Global Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

PVDF Resin Market Size Research Report – In a Glance

As per the Research report on global PVDF Resin market, the market is projected to foresee a CAGR of 7.9% between 2024-2033, and further generate a market size of USD 4.91 billion by the end of 2033. In the year 2023, the market size was valued at USD 2.4 billion.

• The global PVDF Resin market is projected to grow on account of the Increasing Demand In Chemical Processing Industries.
• In Japan, the PVDF Resin market growth can be attributed to the Growing usage in Electrical and Electronics Industry.
• KDMI analyst’s growth analysis foresees Complex Processing Requirements to challenge the market growth.
• The Asia Pacific PVDF Resin market is projected to dominate the global market.

PVDF Resin Market Analysis

PVDF resin also known as Polyvinylidene Fluoride Resin, is a thermoplastic polymer known for its expectational properties such as chemical resistance, mechanical strength, water resistance, radiation resistance, weather resistance and thermal stability. It has characteristics of both general resins and fluroresin.  It is widely used in various industrial applications which require resistance from harsh environment, such as chemical, processing, electrical insulation, architectural coatings, and medical devices. This resin is valued for its ability to maintain its properties in extreme conditions and its versatility in various industrial application. The global PVDF Resin market is expected to rise due to the increasing demand in chemical processing industries. PVDF resin valued for its exceptional chemical resistant properties, making it an ideal substance for applications which involve handling of corrosive chemicals. With industries such as pharmaceuticals, oil & gas, and especially chemical manufacturing company. According to reports, in year 2022, the market attained a volume of 106,299 Tons, expecting a CAGR of 6.8% during the forecast period, driving the market growth. 3M Company, Arkema, and Daikin Industries Ltd., are some of the significant parties in the global market for PVDF Resin.

Analyst’s Observation on Japan PVDF Resin Market Research

In Japan, the market growth for PVDF Resin can be attributed to the Growing usage in Electrical and Electronics Industry. PVDF resin is used due to its high dielectric strength, excellent thermal stability, and resistance to harsh environmental condition, making it a suitable substance for application is electric and electronics industry such as wire coatings, cable insulation, and electrical components. With increasing demand for durable and reliable material in electronics manufacturing, PVDF resins play a crucial role. According to reports, in 2021, lithium-ion battery production value accounted for 43% of Japan's total battery production value, driving the growth of the PVDF resin market in Japan. KUREHA KF POLYMER, Arkema Japan, and Daikin Industries, Ltd. are some of the significant parties in the market for PVDF Resin in Japan.

PVDF Resin Market Growth Drivers and Challenges

• Expansion in building and construction sector:

PVDF coatings or films are extensively used for architectural applications in construction sector due to various properties like non-sticky, durability, weather resistance, and aesthetic appeal. It is employed for architectural coatings, roofing membranes and on facade elements due to its high performance.

• Complex Processing Requirements:

PVDF’s processing requirements such as high melting temperature and specialized equipment, pose a significant restraint to the market growth.  

PVDF Resin Market Segmentation

Our experts at KD Market Insights have segmented the global PVDF Resin market research report as:

PVDF Resin Market Regional Synopsis

The Asia Pacific PVDF Resin market is majorly driven by the application of PVDF resin in aerospace and automotive sector. PVDF resin having properties like chemical resistance, thermal stability and mechanical strength, which are an important aspect taken care off when manufacturing components or parts for these industries. In automotive industry, it helps in the production of fuel lines, wiring harnesses and interior coating due to its ability to withstand harsh environmental condition. According to reports, the Asia-Pacific Automotive Parts and Components market size is valued at USD 61.89 Billion in 2024 and is expected to grow at a CAGR of around 6.05% during the forecast period, driving the growth of the market simultaneously.

As per our analysts at KD Market Insights, the following five players lead the Asia Pacific PVDF Resin market growth:

• Arkema Group
• Tuxera
• Aeris
• Neusoft Corporation
• Shandong Hengyi

PVDF Resin Market Competitive Landscape

Some of the key players who top the global PVDF Resin market share:

• 3M Company
•  Arkema
• Daikin Industries Ltd.
•  Dongyue Group Limited
•  Gujarat fluorochemicals limited
•  Kureha Corporation
• RTP Company
•  SABIC
• Shanghai Ofluorine Co. Limited
•  Solvay and Zhejiang Fotech International Co. Ltd.

PVDF Resin Market Recent Developments

• Arkema S.A. came into partnership between Polymem and Tergys for innovative autonomous filtration systems to supply drinking water.
• Solvay agrees supply agreement of PVDF- aims to play a role in the growth of semiconductor industry.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global PVDF Resin Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type Of Crystalline Phase
      2. By Application
      3. By End-User Industry
      4. By Region
5. Market Segmentation by Type of Crystalline Phase
   1. Alpha
   2. Beta
   3. Gamma
   4. Delta
6. Market Segmentation by Application
   1. Pipes and Fittings
   2. Films and Sheets
   3. Coatings
   4. Membranes
   5.  Wire and Cable
   6. Li-ion Batteries
   7. Others
7. Market Segmentation by End-User Industry
   1. Chemical Processing Industry
   2. Electrical and Electronics
   3. Building and Construction
   4. Oil and Gas
   5. Automotive
   6. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type of Crystalline Phase, by Application, and by End-User Industry
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type Of Crystalline Phase, by Application, and by End-User Industry
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1.  3M Company
      2. Arkema
      3. Daikin Industries Ltd.
      4. Dongyue Group Limited
      5.  Gujarat fluorochemicals limited
      6. Kureha Corporation
      7. RTP Company
      8.  SABIC
      9. Shanghai Ofluorine Co. Limited
      10.  Solvay and Zhejiang Fotech International Co. Ltd.
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References