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Showing posts from April, 2022

Industry Experts, Inc Forecasts Polyvinylidene Fluoride (PVDF) Market to Reach 130K Metric Tons by 2026 Driven by Strong Demand from Li-ion Batteries

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Industry Experts, Inc. unveiled market research report on Polyvinylidene Fluoride (PVDF). As per the new report entitled " Polyvinylidene Fluoride (PVDF) – A Global Market Overview ", Asia-Pacific is the world's largest volume market for PVDF with an estimated 62% volume share in 2021 and further projected to record the fastest 2021-2026 CAGR of 16.2%. The impact of coronavirus pandemic has evident across all regions, and the demand for Polyvinylidene Fluoride (PVDF) witnessed a moderate, compared to 2019, increase of 3% globally in 2020. Consumption of PVDF has decreased significantly by 5.2% in South America followed by Europe (-5.2% YOY) and North America (-4.2% YOY), while the impact was not evident in Asia-Pacific region and the demand for the same was registered a YOY growth of 8.6% in 2020, owing to the robust growth in Chinese, Japanese and South Korean lithium-ion battery separators market. Almost all application sectors of Polyvinylidene Fluoride (PVDF) were