Global Polyvinylidene fluoride (PVDF) Market 2025-2035

Description

List of Tables

Polyvinylidene fluoride (PVDF) Market Size, Share & Trends Analysis Report by Applications (Films and Sheets, Coatings, Pipes and Fittings, Wires and Semiconductor Processing, Li-ion Batteries, and Others), and by End-User Industry (Electrical and Electronics, Oil and Gas, Chemical, Transportation, Building and Construction, and Others) Forecast Period (2025-2035)

Industry Overview

PVDF market was valued at $975.0 million in 2024 and is projected to reach $2,420 million by 2035, growing at a CAGR of 8.6% during the forecast period (2025-2035). The growth of the PVDF market is mainly driven by the increasing adoption of electric and hybrid vehicles, where PVDF plays a significant role as both a binder and separator coating for lithium-ion batteries, improving safety and longer-range performance.

Market Dynamics

Supporting Governments' Policies are Propelling the PVDF Market

Several government initiatives are supporting the PVDF Market. For instance, in November 2023, Syensqo and the US Department of Energy's Office of Manufacturing and Energy Supply Chains agreed to a $178 million, to help build a facility at its site in Augusta. This agreement allows the company to manufacture battery-grade PVDF, which is used as a lithium-ion binder and separator coating in electric vehicle batteries. Syensqo Solef's product enables electric vehicles to go farther on each charge, extends battery life, and improves battery safety.

Market Segmentation

Based on the applications, the market is segmented into 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 into electrical and electronics, oil and gas, chemical, transportation, building and construction, and others.

Electrical & Electronics Segment Contributes a Major Share in the PVDF Market

The electrical & electronics segment contributes a major share in the PVDF market, driven by the material's unique combination of mechanical and chemical properties. PVDF provides high tensile strength, chemical and corrosion resistance, and superior thermal stability-qualities that make it highly suitable for electrical applications. Its lightweight nature, flexibility, and low thermal conductivity have made it a preferred choice in the production of wire and cable insulation, batteries, and other electronic components. As demand for durable, reliable, and high-performance materials grows within the electronics industry, PVDF continues to gain prominence as a critical enabler of innovation and product longevity.

Regional Outlook

The global PVDF market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

North America is Leading the PVDF Market

North America is anticipated to hold a significant share of the PVDF Market. The growth in this region is driven by the presence of major key players in the PVDF market and key end-use industries such as electronics, automotive, and chemical processing. The region's growth is further fueled by increasing environmental awareness and the growing need for durable, high-performance coatings in construction and infrastructure projects. Also, government policies promoting sustainable energy development, combined with the increasingly strict environmental regulations limiting the use of alternative polymer materials, are reinforcing the adoption of PVDF across multiple applications. This combination of regulatory support, industrial demand, and technological development positions North America as a pivotal growth hub for the PVDF market over the forecast period.

Asia-Pacific is Witnessing the Fastest-Growing PVDF Market

The Asia-Pacific region is anticipated to witness the fastest growth in the PVDF market, owing to rapid industrialization, urbanization, and the increasing adoption of advanced materials across industries. Countries such as China, Japan, South Korea, and India are at the forefront of this expansion, with strong demand from the electronics, automotive, and renewable energy sectors. Mainly, China's leadership in lithium-ion battery production has significantly boosted the demand for PVDF as a key binder material, positioning the region as a significant hub for PVDF consumption. This accelerating demand, combined with increasing manufacturing capacities and supportive government initiatives, underscores Asia-Pacific's pivotal role in shaping the global PVDF market landscape.

Market Players Outlook

The major companies operating in the global PVDF market include Arkema Group, Dyneon GmbH (3M Company), Kureha Corp., Solvay SA, The Chemours Company, and others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In May 2025, Syensqo announced the signing of new multi-year contracts for the supply of its battery-grade Solef PVDF to automotive original equipment manufacturers and battery makers.
In December 2024, Arkema announced the acquisition of Dow's flexible packaging laminating adhesives business for an enterprise value of $150 million. This strategic move strengthens Arkema's commercial presence while broadening its product portfolio and technological capabilities in flexible packaging solutions, positioning the company to better serve increasing global demand in this market.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global PVDF market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023682

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Global PVDF Market Sales Analysis - Applications | End-User Industry ($ Million)
PVDF Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key PVDF Market Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For the Global PVDF Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For the Global PVDF Market: Impact Analysis
3.3. Market Opportunities
- 3.3.1. Opportunities For the Global PVDF Market: Impact Analysis

4. Competitive Landscape

4.1. Competitive Dashboard - PVDF Market Revenue and Share by Manufacturers
PVDF Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Arkema Group
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis (Subject to Data Availability)
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Dyneon GmbH (3M Company)
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis (Subject to Data Availability)
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Kureha Corp.
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis (Subject to Data Availability)
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Solvay SA
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis (Subject to Data Availability)
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. The Chemours Company
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis (Subject to Data Availability)
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. Global PVDF Market Sales Analysis by Applications ($ Million)

5.1. Films and Sheets
5.2. Coatings
5.3. Pipes and Fittings
5.4. Wires and Semiconductor Processing
5.5. Li-ion Batteries
5.6. Others

6. Global PVDF Market Sales Analysis by End-User Industry ($ Million)

6.1. Electrical and Electronics
6.2. Oil and Gas
6.3. Chemical
6.4. Transportation
6.5. Building and Construction
6.6. Others

7. Regional Analysis

7.1. North American PVDF Market Sales Analysis - Application | End-User Industry | Country ($ Million)
Macroeconomic Factors for North America
- 7.1.1. United States
- 7.1.2. Canada
7.2. European PVDF Market Sales Analysis - Application | End-User Industry | Country ($ Million)
Macroeconomic Factors for Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. Italy
- 7.2.4. Spain
- 7.2.5. France
- 7.2.6. Russia
- 7.2.7. Rest of Europe
7.3. Asia-Pacific PVDF Market Sales Analysis - Application | End-User Industry | Country ($ Million)
Macroeconomic Factors for Asia-Pacific
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. South Korea
- 7.3.4. India
- 7.3.5. Australia & New Zealand
- 7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And others)
- 7.3.7. Rest of Asia-Pacific
7.4. Rest of the World PVDF Market Sales Analysis - Application | End-User Industry | Country ($ Million)
Macroeconomic Factors for the Rest of the World
- 7.4.1. Latin America
- 7.4.2. Middle East and Africa

8. Company Profiles

8.1. Arkema Group
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
8.2. Daikin Industries, Ltd.
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
8.3. Dongyue Group Ltd.
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
8.4. Dyneon GmbH (3M Company)
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
8.5. Gujarat Fluorochemicals Ltd.
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
8.6. Kureha Corp.
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
8.7. LECRON Industrial Development Group, Ltd.
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
8.8. Mitsubishi Chemical Group
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
8.9. RTP Company
- 8.9.1. Quick Facts
- 8.9.2. Company Overview
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategies
8.10. Saudi Basic Industries Corp. (SABIC)
- 8.10.1. Quick Facts
- 8.10.2. Company Overview
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategies
8.11. Saint-Gobain Performance Plastics Corp.
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
8.12. Shanghai Huayi 3F New Materials Co., Ltd.
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
8.13. Shanghai Ofluorine Co., Ltd.
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
8.14. Shanghai PTL New Energy Technology Co., Ltd.
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
8.15. Solvay SA
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
8.16. Syensqo
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
8.17. The Chemours Company
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
8.18. Zhejiang Fluorine Chemical New Material Co., Ltd
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
8.19. Zhejiang Fotech International Co., Ltd
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
8.20. Zhuzhou Hongda Polymer Material Co., Ltd.
- 8.20.1. Quick Facts
- 8.20.2. Company Overview
- 8.20.3. Product Portfolio
- 8.20.4. Business Strategies