The Asia Pacific PVDF Resin Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 39,739.46 Tonnes, showcasing a growth of 6.8% (2019-2022).
The aerospace and automotive sectors leverage PVDF for its lightweight properties and resistance to aviation fuels and hydraulic fluids. Components such as tubing, fittings, and seals made from PVDF contribute to the efficiency and safety of aircraft and automobiles. As these industries continue to prioritize lightweight materials for fuel efficiency and performance, the adoption of PVDF is expected to grow. PVDF membranes are widely adopted for the water treatment sector’s ultrafiltration and purification processes.
The aerospace and automotive sectors leverage PVDF for its lightweight properties and resistance to aviation fuels and hydraulic fluids. Components such as tubing, fittings, and seals made from PVDF contribute to the efficiency and safety of aircraft and automobiles. As these industries continue to prioritize lightweight materials for fuel efficiency and performance, the adoption of PVDF is expected to grow. PVDF membranes are widely adopted for the water treatment sector’s ultrafiltration and purification processes.
PVDF resin-coated roofing materials are widely used in the Indian construction industry. Window frames and profiles coated with these are common in Indian construction. This is employed to manufacture structural components for buildings in India. Ventilation systems in Indian buildings benefit from these coatings on components such as louvers and vents. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
The China market dominated the Asia Pacific PVDF Resin Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $405.2 million by 2030. The Japan market is registering a CAGR of 6.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.2% during (2023 - 2030).
Free Valuable Insights: The Global PVDF Resin Market is Predict to reach $3.3 Billion by 2030, at a CAGR of 7.3%
Based on Type of Crystalline Phase, the market is segmented into Alpha, Beta, Gamma, and Delta. Based on End-user, the market is segmented into Chemical Processing, Building & Construction, Electrical & Electronics, Oil & Gas, Automotive, and Others. Based on Application, the market is segmented into Li-ion Batteries, Films & Sheets, Pipes & Fittings, Coatings, Membranes, Wire & Cable, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Type of Crystalline Phase
By End-user (Volume, Tonnes, USD Billion, 2019-2030)
By Application (Volume, Tonnes, USD Billion, 2019-2030)
By Country (Volume, Tonnes, USD Billion, 2019-2030)
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