Chemical Industry to Fuel the North American Polyvinylidene Fluoride (PVDF) Market Growth

Published: Jun 2021

The North America polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.3% over the forecast period (2021-2027). The US and Canada are the key economies contributing to the growth of the North America polyvinylidene fluoride (PVDF) market over the forecast period. The key aspect that drives the North America polyvinylidene fluoride (PVDF) market growth includes rapid evolution in end-user industries such as electrical and electronics, oil and gas, chemical, transportation, building and construction, and other end-user industries. The rise in urbanization provides ample opportunities for the North America polyvinylidene fluoride (PVDF) market growth as growing urbanization creates massive demand for PVDF products such as pipes and fitting and others in the building and construction industry.

Browse the full report description of "North America Polyvinylidene fluoride (PVDF) Market Size, Share & Trends Analysis Report by Applications (Films and Sheets, Coatings, Pipes and Fittings, Wires and Semiconductor Processing, Li-ion Batteries, and Others), and by End-User Industry (Electrical and Electronics, Oil and Gas, Chemical, Transportation, Building and Construction, and Others) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/north-america-polyvinylidene-fluoride-pvdf-market

Further, the well-established chemical sector in the country. The chemical industry in the region contributed $866 billion to the North American GDP in 2017 as per ICCA. As per the World Bank Data, North America’s GDP was $22.3 trillion in 2018. In the region, there has been an increase in the domestic oil and natural gas production, due to the increased demand from the end-use market, which positively impacted the growth of the market. The presence of the key players such as 3M Co., Arkema Group, Daikin Industries Ltd., Dyneon GmbH, Kureha Corp., Mitsubishi Chemical Corp., RTP Co. Inc., SABIC, Saint-Gobain Performance Plastics, and Solvay SA among others are also contributing to the growth over the forecast period.

Market Coverage

  • Market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- By Applications and By End-User Industry
  • Regions Covered- North America
  • Competitive Landscape- 3M Co., Arkema Group, Daikin Industries Ltd., Dyneon GmbH, Kureha Corp., Mitsubishi Chemical Corp., RTP Co. Inc., SABIC, Saint-Gobain Performance Plastics, and Solvay SA among others

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in base year?
  • Which segment will project fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North America Polyvinylidene Fluoride (PVDF) Market – Segmentation

By Applications

  • Films and Sheets
  • Coatings
  • Pipes and Fittings
  • Wires and Semiconductor Processing
  • Li-ion Batteries
  • Others 

By End-User Industry 

  • Electrical and Electronics
  • Oil and Gas
  • Chemical
  • Transportation 
  • Building and Construction
  • Other End-user Industries

North America Polyvinylidene Fluoride (PVDF) Market – Countries Covered       

  • US
  • Canada

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