![Polyvinylidene Fluoride market](https://res.cloudinary.com/devmoveo/image/upload/v1690202191/skyquest/gallery/Global-Polyvinylidene-Fluoride-Market.jpg)
Report ID: SQMIG10E2013
Report ID:
SQMIG10E2013 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
92 |
Figures:
76
Global Polyvinylidene Fluoride Market size was valued at USD 55.60 Billion in 2022 and is poised to grow from USD 67.61 Billion in 2023 to USD 323.20 Billion by 2030, at a CAGR of 21.6% during the forecast period (2023-2030).
The growing demand for PVDF in aerospace and defense applications, such as aircraft components, fuel and hydraulic lines, and coatings, is driving market growth. PVDF's exceptional mechanical properties, chemical resistance, and flame-retardant characteristics make it a preferred material in these industries. PVDF's excellent dielectric properties and high-performance capabilities make it a sought-after material for electrical and electronics applications, including wires, cables, capacitors, and sensors. The expanding electronics industry is a key driver of the PVDF market. The increasing need for efficient water treatment solutions, such as membranes for filtration and separation, is boosting the demand for PVDF. Its chemical resistance and thermal stability make it ideal for use in water treatment systems. Also the rapid growth of the solar energy sector is driving the demand for PVDF in photovoltaic modules. PVDF's weather ability, UV resistance, and electrical properties contribute to the enhanced performance and durability of solar panels. The PVDF's biocompatibility, sterilizability, and resistance to chemicals and radiation make it suitable for various healthcare and biomedical applications, including medical devices, implants, and drug delivery systems. Again the technological advancements in the production of PVDF, such as innovative polymerization methods and processing techniques, are improving material performance and expanding its application scope.
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Report ID: SQMIG10E2013