Europe polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.3% over the forecast period (2021-2027). The UK, Germany, France, Italy, Spain, and the Rest of Europe are the key economies that are driving the growth of the European polyvinylidene fluoride (PVDF) market over the forecast period. Europe polyvinylidene fluoride (PVDF) market is segmented on the basis of applications and end-user industry. Based on the applications, the market is segmented as films and sheets, coatings, pipes and fittings, wires and semiconductor processing, li-ion batteries, and others. Based on the end-user industry, the market is segmented as electrical and electronics, oil and gas, chemical, transportation, building and construction, and others. The transportation segment of the market is estimated to hold a lucrative share the market.
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The key aspect that drives the segmental growth of the Europe polyvinylidene fluoride (PVDF) market growth includes a well-developed automotive industry in the region. The UK and Germany are the key economies contributing to market growth over the forecast period. Europe is home to various major automotive companies such as Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental AG, among others; and depicts a substantial share in the automotive industry which has significantly contributed to the market growth. Further, the construction industry is also supporting the market growth. Population growth, demographic changes, and a favorable economic environment are driving high demand for residential buildings, which in turn is accelerating the PVDF market growth over the forecast period.
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Applications and By End-User Industry
- Regions Covered- Europe
- Competitive Landscape- 3M Co., Arkema Group, Daikin Industries Ltd., Dyneon GmbH, Kureha Corp., Mitsubishi Chemical Corp., RTP Co. Inc., SABIC, Saint-Gobain Performance Plastics, and Solvay SA among others
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Europe Polyvinylidene Fluoride (PVDF) Market – Segmentation
By Applications
- Films and Sheets
- Coatings
- Pipes and Fittings
- Wires and Semiconductor Processing
- Li-ion Batteries
- Others
By End-User Industry
- Electrical and Electronics
- Oil and Gas
- Chemical
- Transportation
- Building and Construction
- Other End-user Industries
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
