Polyvinylidene Fluoride Industry Statistics

In this post, we will explore the dynamic landscape of the Polyvinylidene Fluoride (PVDF) industry, driven by a series of compelling statistics that highlight the market’s growth, consumption patterns, and future projections. From market values and regional trends to sector-specific insights, these statistics offer a comprehensive view of the evolving PVDF market. Join us as we navigate through the key data points shaping the industry’s trajectory.

Statistic 1

"The global Polyvinylidene Fluoride (PVDF) market was valued at $937.3 million in 2018."

Statistic 2

"The PVDF market is projected to grow to $1,490.1 million by 2024 at a CAGR of 8.5%."

Statistic 3

"China is the leading consumer of PVDF in the Asia-Pacific region, accounting for more than 40% of consumption."

Statistic 4

"PVDF sales in China are expected to reach USD 312.12 million by 2025."

Statistic 5

"The global demand for PVDF was over 39.5 kilo tons in 2015."

Statistic 6

"By 2030, the PVDF market in Europe is projected to surpass USD 340 Million."

Statistic 7

"North America's PVDF market could reach beyond USD 170 million by 2030."

Statistic 8

"The PVDF industry is predicted to experience more than 10% CAGR from 2018 to 2024."

Statistic 9

"In 2018, the coating sector dominated the PVDF market share, accounting for over 40% of global volume."

Statistic 10

"PVDF film market size was over USD 80 million in 2017."

Statistic 11

"Batteries segment is expected to grow at over 12% CAGR in PVDF market revenue from 2018 to 2024."

Statistic 12

"The Lithium-ion batteries segment will reach USD 120 billion by 2024."

Statistic 13

"The use of PVDF in the chemical processing industry globally was over 9.5 kilo tons in 2015."

Statistic 14

"The North American PVDF market was worth USD 205.6 million in 2015."

Statistic 15

"PVDF demand in automotive applications was 6.2 kilo tons in 2015, globally."

Statistic 16

"The industry demand for PVDF in oil & gas applications is projected to grow at a CAGR of 7.9% from 2020 to 2027."

Statistic 17

"In construction applications, it is anticipated to reach USD 413.3 Million by 2025."

Statistic 18

"Membrane-based PVDF applications are likely to see a CAGR of 23.5% from 2020 to 2026."

Statistic 19

"PVDF Hollow Fiber Membranes demand is forecasted grow at over 30% CAGR between 2019 and 2024."

Statistic 20

"PVDF demand in Middle East & Africa was less than 1,467 tons in 2015."

In conclusion, the Polyvinylidene Fluoride (PVDF) industry is on a significant growth trajectory with substantial market value and demand projections across various regions and applications. Key statistics indicate a strong market presence in regions like China, Europe, North America, and the Middle East & Africa, with notable growth expectations in sectors such as coatings, batteries, chemical processing, automotive, oil & gas, construction, and membrane-based applications. With consistent and impressive compound annual growth rates predicted, particularly in emerging segments like lithium-ion batteries and membrane technologies, the PVDF market shows promising prospects for substantial expansion and innovation in the coming years.