Increasing Demand from Photovoltaics, Lithium-ion Batteries and Water Filtration to Spur PVDF Market to Reach $1.4B by 2022
Industry Experts has introduced the new market research report on Polyvinylidene Fluoride (PVDF). As per the new report titled ‘ Polyvinylidene Fluoride (PVDF) – A Global Market Overview ’, Building & Construction is estimated to be the largest market with an estimated 2016 consumption of 19k metric tons and projected to touch 28k metric tons by 2022. Electrical & Electronics sector is expected to be the fastest growing end-use segment with 2016-2022 CAGR of 9% and reaching 13.6k metric tons by 2022. The remarkable properties and versatility of PVDF resins have made them an indispensable component in a wide array of application areas. For instance, durability and outstanding weather resistance are undeniable assets in the paint and coating sectors, with PVDF resins now garnering place of pride in this area. Similarly, PVDF’s chemical resistance, superior mechanical properties, fire and temperature resistance and UV and moisture barrier properties are of immens...