Renewable PVDF Market
Renewable PVDF Market Share & Trends Analysis, By Product Type (Sheet, Film, Tube, Plate), By End-Use Industry (Automotive, Chemical, Semiconductor, Medical) & By Region Forecast - Global Insights 2021 to 2031
Analysis of Renewable PVDF Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Renewable PVDF Market Forecast and CAGR
According to the recent research study by Fact.MR, renewable PVDF market is set to observe rapid growth during 2022-2031. Product is currently in its introduction phase and will have significantly lower market valuation by the end of 2021.Over the long-run forecast period, market is anticipated to grow at 9% CAGR.
In June 2021 Arkema being the first company to announce its venture into renewable PVDF. The company has launched a new product line under Kynar PVDF which is sustainable. Company claims it to be 100% renewable due to its carbon derived origin from rude tall oil bio-feedstock as per the mass balance approach.
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What is Driving Demand for Renewable PVDF?
The renewable PVDF newly launched by Arkema is expected to create huge demand in the market owing to its technological advancement which reduces the impact on climate change of the Kynar PVDF binder by 20%. Additionally, it also has a lower dependency rate on the consumption of upstream crude oil.
Over the past half-decade, the electric vehicles market observed a magnificent growth of more than 20% CAGR. The rise in the electric vehicles fleet has paved way for the lithium-ion battery production growth.
Lithium-ion batteries for automotive applications require PVDF for binding electrodes. Therefore fluctuating demand cycles of lithium-ion batteries for electric vehicles proportionally affect the trade of renewable polyvinylidene fluoride
Enforcement of stringent regulations over conventional crude oil-derived polymers to pave way for the utilization of bio circular polymers, thus cascading the effect to the renewable polyvinylidene fluoride.
Covid-19 Impact on Global Renewable PVDF Market
COVID-19 has negatively impacted the business of the PVDF market over the period of Q2-Q4 of 2020 owing to the decline in demand from the lithium-ion battery makers. Reduced automotive output has ceased the investor interest in the renewable energy market as it is an essential material for manufacturing lithium-ion batteries.
Investments in renewable polyvinylidene fluoride is set to rise post Q2 of 2022 on the back of anticipated rise in demand for efficient and longer life lithium ion batteries.
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Global Renewable PVDF Market Geographical Outlook
Renewable polyvinylidene fluoride is a relatively new product that was first launched this year itself. Arkema is the only manufacturer of the product has its factory situated in France which caters primarily to its European customer.
Currently, the company has its focus on grades that are specifically targeted towards lithium-ion batteries that are needed for smartphones, electronic devices and has a huge demand in the electric vehicles market.
Lithium ion battery manufacturers in Europe are the prime customers of Arkema in the region. Currently, a product produced by the company is in its infancy stage and is expected to reach the wide market base in Europe by Q2 of FY2022.
With the launch of new electric vehicle batteries projects in Europe, for instance, in 2021, CATL, a Chinese battery giant has planned to open its lithium ion battery production facility in Erfurt, Germany.
This project is not only going to create a pathway for the European battery market but also is anticipated to drive the demand for renewable polyvinylidene fluoride in the region.
Over the long-run forecast period, Europe is anticipated to hold the dominant position in renewable polyvinylidene fluoride business. Followed by Europe, East Asia is set to capture nearly one-third of the lithium ion battery production.
South Asia & Oceania, Latin America and Middle East & Africa are anticipated to stay low owing to the less prominence of the battery manufacturing in these regions.
Is Renewable PVDF Market Monopolistic in Nature?
Since the launch of the new sustainable Kynar® PVDF range by Arkema in June 2021 the market for renewable PVDF is highly consolidated with Arkema being the only player in the market manufacturing this product.
Their recent launch makes the competition monopoly. However, the nature of the product and it’s sustainability than PVDF and an additional advantage of having 20% less impact on the climate makes it a lucrative product to encourage new entrants in the market in the future.
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Competitive landscape highlights only certain players
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Renewable PVDF Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segments
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By Product Type:
- Sheet
- Film
- Tube
- Plate
- Others
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By End-Use Industry:
- Automotive
- Chemical
- Semiconductor
- Medical
- Aerospace & Defense
- Water & Wastewater Treatment
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By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. End-Use Industry 7. Global Market Analysis and Forecast, By Product Type 7.1. Sheet 7.2. Film 7.3. Tube 7.4. Plate 7.5. Others 8. Global Market Analysis and Forecast, By End-Use Industry 8.1. Automotive 8.2. Chemical 8.3. Semiconductor 8.4. Medical 8.5. Aerospace & Defense 8.6. Water & Wastewater Treatment 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type and End-Use Industry for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Arkema 19.2. Solvay 19.3. Kureha Corporation 19.4. 3M 19.5. Dongyue Group 19.6. Daikin Industries Ltd. 19.7. Shanghai Ofluorine Chemical Technology Co., Ltd. 19.8. Shanghai Fluoron Chemicals Co., Ltd. 19.9. Zhejiang Fotech International Co., Ltd. 19.10. Quadrant Engineering Plastic Products
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by End-Use Industry
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Product Type
Table 6: North America Market US$ Mn Forecast by End-Use Industry
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Product Type
Table 9: Latin America Market US$ Mn Forecast by End-Use Industry
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Product Type
Table 12: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Product Type
Table 15: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Product Type
Table 18: East Asia Market US$ Mn Forecast by End-Use Industry
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Product Type
Table 24: MEA Market US$ Mn Forecast by End-Use Industry
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Insights on import/export production,
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the Renewable PVDF Market likely to be Worth?
Renewable PVDF market demand is predicted to grow at a CAGR of 8.89% over the forecast period.
Why does the Renewable PVDF Market have a High Growth Potential?
There is a high growth potential for the renewable PVDF market due to the rise in the electric vehicles fleet has paved the way for lithium-ion battery production growth.
Where will Manufacturers find the Most Opportunities in the Renewable PVDF Market?
Manufacturers may find the most opportunities in the European renewable PVDF market.
Renewable PVDF Market