Polyvinylidene Fluoride Market Growth Accelerated by Increasing Use in Construction Industry

Polyvinylidene Fluoride Market


Polyvinylidene fluoride is a synthetic fluoropolymer used for its characteristics such as superior thermal stability, chemical resistance, and mechanical strength. PVDF coatings are used extensively in construction applications as they provide protection against harsh weather conditions and corrosion. Roofing, siding, plumbing, and piping are some major construction areas where PVDF coatings find widespread application.

The global Polyvinylidene Fluoride Market is estimated to be valued at US$ 1541.69 million in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Increasing use in construction industry: One of the major trends driving the growth of the polyvinylidene fluoride market is the increasing utilization of PVDF coatings in various construction applications such as architectural coatings, infrastructure, and industrial construction. PVDF exhibits very high resistance to weathering, good chemical resistance, thermal stability, and UV resistance. These properties make it a preferred coating material for applications requiring durability and lifespan even under harsh weather conditions. The excellent mechanical and weathering properties of PVDF allow its use in siding, roofing, plumbing, piping, and other exterior construction elements.

Segment Analysis

The global polyvinylidene fluoride market is dominated by the coated segment which accounts for over 35% of the total market share. Polyvinylidene fluoride in the form of coating possesses properties such as chemical inertness, weather resistance, and UV stability which make it ideal for use as architectural and industrial coatings. It is widely used for coating architectural structures, pipelines, automobile parts, and photovoltaic backsheets due to its durable and long-lasting nature.

Key Takeaways

The global polyvinylidene fluoride market is expected to witness high growth over the forecast period of 2024 to 2031. Global Polyvinylidene Fluoride Market Size is projected to grow at a CAGR of 4% during this period and reach a size of over US$ 1541.69 million by 2024.

Regional analysis

Asia Pacific accounted for the largest share of over 35% of the global polyvinylidene fluoride market in 2024. Rapid industrialization and infrastructural development in countries such as China and India have been the major drivers of demand in this region. China, in particular, has emerged as a global leader in solar panel production, which has significantly augmented PVDF consumption.

Key players

Key players operating in the polyvinylidene fluoride market are Arkema, Solvay, Dakin, Shanghai 3F New Materials Company, Kureha Corporation, Sinochem Lantian Co., Ltd, Zhuzhou Hongda Polymer Materials Co., Ltd., Shandong Deyi New Material Co., Ltd. Arkema dominated the global PVDF market with an estimated market share of over 20% in 2024 due to its strong product portfolio and wide customer base across geographies.

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