The Report Titled on “Global Polyvinylidene Fluoride (PVDF) Market – Segmented by Type, Application, and Geography – Growth, Trends, and Forecasts (2019 – 2023)”, Delivers Information studies of the current situation (with the base year being 2019) and the growth prospects of global Polyvinylidene Fluoride (PVDF) Forecast market 2019-2023.
“Polyvinylidene Fluoride (PVDF) Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Polyvinylidene Fluoride (PVDF) Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
The Key Players covered in this study:-
3M-Arkema S.A.-Daikin Industries, Ltd.-Kureha Corporation-Norton Performance Plastics-Quadrant Engineering Plastics Products Inc-RTP Company, Inc.-SABIC-Shanghai 3F New Materials Co., Ltd.-Solvay S.A.
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Overview of Polyvinylidene Fluoride (PVDF) Market Report:
The PVDF market is expected to register a healthy growth rate during the forecast period (2019 â 2023). Increase in demand from military and aerospace sector and consumption of PVDF resins in electrical and electronic devices & battery manufacturing are expected to drive the market through the forecast period.
Increase in Demand from Military and Aerospace Sector
In the aerospace sector, PVDF resins are used to manufacture piezoelectric smart materials which helps in guiding the airflow across the wings of an aircraft and maintaining it during take-off and landing. Additionally, these materials are also known to resolve common complications with the aircraft, such as engine vibration, high cabin noise levels, ice formation on wings, flow separation due to turbulence, and control surfaces in cold conditions. Also, they are also used as smart sensors, smart Nano-robotics, smart combat suits, and smart skins in military and defense sector extensively. Therefore, the numerous applications for PVDF resins from the military and aerospace sector are anticipated to drive the studied market globally.
Aerospace & Defense â One of the Fastest Growing Application
Aerospace is the largest application of PVDF. The various airplane components, like engines, rotors, and other mechanical parts, require hard and wear resistant coatings that can withstand high temperatures, therefore, they use PVDF coatings. The growth of the aerospace sector, particularly the civil aviation sector, in the emerging economies, like India and China, coupled with growing foreign investments will affect the market positively.
Asia-Pacific to Lead the Market
Asia-Pacific is being regarded as the global economic powerhouse of the coming decade, due to the growing energy demand, infrastructure needs in construction, and irrigation sectors. Due to the growing population and increasing extent of urbanization, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has emphasized that the commencement of PPP mode (public-private partnership) of financing will contribute to the sustainable development in Asia-Pacific. Energy demand has forced enhanced recovery and technological advances in new or incremental sources, such as frontier gas, deep water, Liquefied Natural Gas (LNG), tight gas, shale gas, oil sands, and shale oil. Along with oil & gas pipelines, demand for water-related pipelines contribute to the need for advanced PVDF coating solutions.
Major Players: 3M, Arkema S.A., Ausimont, Daikin Industries, Ltd., Dyneon GmbH & Co. KG and Elf Atochem amongst others.
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Market Segment by Regions, regional analysis covers
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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