#PolyvinylideneFluorideMarketResearch

[neelima0211]

Polyvinylidene Fluoride Market Forecast to Reach $1240 Million by 2027

Registering a CAGR of 5.3% over the forecast period, the market value of Polyvinylidene Difluoride (PVDF) Membrane is expected to reach US$ 1240 million in the year 2027.

Polyvinylidene Fluoride Market is forecast to reach $1240 million by 2027, after growing at a CAGR of 5.3% during 2022-2027. Polyvinylidene fluoride (PVDF) is a thermoplastic fluoropolymer that is produced by the polymerization of vinylidene difluoride. PVDF membrane is assembling via poly vinylpyrrolidone for filtration of oil or water emulsion thus, it is widely used in oil extraction. Also, sulfobetaine methacrylate is used as an antifouling agent for polyvinylidene fluoride membranes after a steam sterilization procedure. Also, polyvinylidene fluoride offers various properties such as high resistance, strength, purity to solvents, bases, acids, inherently flame resistance, and heat are the prime growth driver for the global polyvinylidene fluoride market. Additionally, electrolyte-based polymers such as polyvinylidene fluoride and vinyl pyrrolidone provide an initial efficiency for lithium-ion batteries. Also, PVDF offers high dielectric strength, resistance to most chemicals & solvents, and is recognized as mechanically stronger than other fluoropolymers such as polytetrafluoroethylene (PTFE). Hence, it is widely useful in the food processing industry, pharmaceutical sector, oil & gas, automotive, paper & textile, and others which are estimated to create an opportunity for polyvinylidene fluoride.

Impact of COVID – 19

Due to the COVID-19 pandemic, the consumption of polyvinylidene fluoride has negatively affected the market growth as it is used in the chemical process industry. Chemical processing is highly required in the food processing sector. Also, PVDF is used in assembling polyvinylpyrrolidone for filtration of oil or water emulsion. Additionally, an electrolyte blend of PVDF & vinylpyrrolidone for lithium-ion batteries is used in smart gadgets. However, the lack of production and supply chain of these plastics due to lockdown, may limit the consumption of polyvinylidene fluoride.

Request for Sample Report  @ https://www.industrydataanalytics.com/reports/polyvinylidene-difluoride-pvdf-membrane-market/inquiry?mode=neelima

Polyvinylidene Fluoride Market Segment Analysis – By Process

Injection molding held the largest share in the global polyvinylidene fluoride market in 2020. PVDF higher melt viscosity becomes an important factor to keep the mold design accurate. Hence, with the help of the injection molding process, it melts at a temperature of 200 0C to 270 0C. Injection molding process makes ideal PVDF in the chemical and nuclear industries, pharmaceutical, food and beverage, electrical, and automotive. Thus, it is a widely used process for the production of polyvinylidene fluoride.

Polyvinylidene Fluoride Market Segment Analysis – By Application

Chemical processing dominated the global market of polyvinylidene fluoride in 2020 and is growing at a CAGR of 6.8% during 2021-2026. Polyvinylidene fluoride offers various properties such as mechanical toughness, low moisture absorption, excellent wear resistance, low coefficient of friction, resistance to UV, self-extinguishing nature, and transparency to radiation renders which makes it ideal for chemical processing. Chemical processing applications requiring high-temperature resistance, antifouling property (enhanced by sulfobetaine methacrylate), tremendous chemical resistance, and exceptional barrier properties. PVDF is a reactive polymer for chemical processing of byproduct materials from refining natural oils and flammable gases which is blended with poly vinylpyrrolidone and vinylpyrrolidone. Hence, increasing usage of chemical processes in such applications as oil refining, natural gas processing, pharmaceutical manufacturing, food processing, wastewater treatment, and others is expected to boost the demand for polyvinylidene fluoride during the projected era.

Polyvinylidene Fluoride Market Segment Analysis – By Geography

Asia Pacific dominated the global polyvinylidene fluoride market in 2020 with a share of 38%, due to the increasing demand from oil & gas, lithium-ion batteries, food processing, pharmaceutical sector, and coating for building in developing countries such as India, China, and others. Polyvinylidene fluoride is used as a coating ingredient for metal roofing in commercial and residential applications. Furthermore, polyvinylidene fluoride is resistant to bacteria and fungi, thus; it is used also in food processing. Hence, increasing the food, building & construction, and automotive industry is estimated to grow the demand for polyvinylidene fluoride in the region. According to the China Food Industry (CFI) almost 15,00 tonnes of fresh food, 1.8 million bottles of disinfectant solution, and 3 million bottles of liquid soap were sold in 2020. Additionally, polyvinylidene fluoride is ideal for applications where high strength and a moderate degree of flexibility are required, thus; it is used in various applications. According to Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association, in China, light-duty aftermarket sales will grow from US$281 billion in 2020 to US$314 billion in 2021. Additionally, according to the Federation of Automobile Dealers Associations (FADA), in India, sales of passenger vehicles were at 2,91,001 units in November 2020, compared with 2,79,365 units in November 2019. On the other hand, according to the National Development and Reform Commission (NDRC), 14 construction investment projects were approved worth CNY177.8 billion (US$25.2 billion), following approvals of CNY68.9 billion (US$10.1 billion) in August 2020. Hence, increasing sulfobetaine methacrylate for enhancing anti-fouling property of PVDF chemicals is estimated to grow the consumption in the region during the projected period.

Polyvinylidene Fluoride Market Drivers

Increasing Demand from Oil & Gas in North America is estimated to grow the Consumption of PVDF

Polyvinylidene fluoride (PVDF) is a high-performance polymer that is used for flexible tubes in oil and gas installations. PVDF consists of low permeability to most gases & liquids and excellent resistance to rapid gas decompression. PVDF Membrane via assembly of poly vinylpyrrolidone for filtration of oil emulsion. Hence, the increasing oil and gas industry is estimated to grow the demand for PVDF. According to U.S. Energy Information Administration (EIA), crude oil production is expected to rise on average 11.1 million b/d in 2021 and 12.0 million b/d in 2022. Hence, residential commercial and industrial natural gas consumption is expected to reach 13.1 Bcf/d, 9.3 Bcf/d, and 23.8 Bcf/d, respectively in 2021, according to EIA. Furthermore, according to U.S. Energy Information Administration, electric power generated with natural gas is expected to average 36% in 2021 and 35% in 2022. Furthermore, according to the US Energy Information Administration, in Mexico, crude oil production increased by 172,000 b/d in March 2021 from February's 983,000 b/d2021. Hence, according to Energy Shale Gas Production, the total natural gas production is projected to contribute more than 75% in Mexico by 2040. Hence, increasing the oil and gas industry in North America is estimated to boost the demand for polyvinylidene fluoride.

Inquiry Before Buying @ https://www.industrydataanalytics.com/reports/en/polyvinylidene-difluoride-pvdf-membrane-market?mode=neelima

Growing Consumption of Lithium-ion Batteries

The lithium-ion battery with the polymer electrolyte based on the blend of polyvinylidene fluoride (PVDF) and vinyl pyrrolidone (PVP) is assembled and provides an initial efficiency of about 90%. The blend of PVDF and vinyl pyrrolidone exhibited ionic conductivity of 0.4 ms cm?1 at room temperature for lithium-ion batteries. Thus, PVDF is widely used as a coating layer on the battery separator to enhance performance, processability, and safety. Additionally, PVDF is used as a binder for lithium-ion batteries as they provide a connection between electrodes. Hence, the growing demand for lithium-ion batteries in various products such as electronics, toys, wireless headphones, handheld power tools, electric vehicles, and others is estimated to grow the consumption of polyvinylidene fluoride.

Polyvinylidene Fluoride Market Challenges

Polyvinylidene Fluoride Poses Health Risk

Polyvinylidene fluoride is produced by the polymerization of vinylidene difluoride. Vinylidene fluoride can irritate the skin nose, eyes, throat, and lugs. However, high or repeated exposure to vinylidene fluoride can cause headaches, dizziness, disorientation, nausea, and vomiting. Additionally, it is highly flammable and generates toxic fumes in a fire which may create a hindrance for the consumption of vinylidene difluoride for the production of PVDF. Thus, it may limit the consumption of polyvinylidene fluoride.

Polyvinylidene Fluoride Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the polyvinylidene fluoride market. Major players in the polyvinylidene fluoride market are SABIC, Arkema Group, Saint-Gobin Performance Plastic, 3M Company, Solvay S.A., RTP Company, Kureha Corporation, Quadrant Engineering Plastics Products Inc., and among others.

Facility Expansion/Launches

In May 2021, Fillamentum, a leading provider of specialist 3D printing materials, launched Fluorodur polyvinylidene fluoride (PVDF) material with combination of combination of mechanical, chemical, and thermal properties. This PVDF material offers a tensile strength of 34MPa and a flexural strength of 50MPa.

In November 2020, Arkema S.A. has increased its PVDF production capacity at its Changshu plant in China. This expansion in production capacity is increased 50% of Kynar fluoropolymer for the lithium batteries which is used for electronic devices, smartphones, power tools, and other electrical gadgets.

About Industry Data Analytics : Industry Data Analytics provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.

Industry Data Analytics provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact Us: Irfan Tamboli (Head of Sales) – Industry Data Analytics Phone: + 1704 266 3234 | +91-750-707-8687 sales@marketinsightsreports.com | irfan@marketinsightsreports.com

#PolyvinylideneFluorideMarketAnalysis #PolyvinylideneFluorideMarketTopCompanies #PolyvinylideneFluorideMarketResearch #PolyvinylideneFluorideMarketTrends

Polyvinylidene Fluoride Market, Polyvinylidene Fluoride Market Size, Polyvinylidene Fluoride Market Revenue, Polyvinylidene Fluoride Market Status, Polyvinylidene Fluoride Market Trends, Polyvinylidene Fluoride Market Outlook, Polyvinylidene Fluoride Market