Market Overview:
The global PVDF binders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PVDF binders from various applications, such as power battery, digital battery, energy storage battery, and others. In terms of type, the emulsion polymerization segment is expected to lead the global PVDF binders market during the forecast period. This can be attributed to its properties such as high thermal stability and low volatility that make it suitable for use in various applications.
Product Definition:
PVDF binders are used to improve the mechanical and thermal properties of plastics. They are often used in engineering applications, where toughness and heat resistance are important.
Emulsion Polymerization:
Emulsion polymerization is a type of emulsion polymerization, which is widely used in the production of PVDF binders. Emulsions are unstable systems and tend to break down when exposed to air; as a result, they require special handling procedures. This leads to lower emissions during product manufacturing and high thermal stability for use in solar cells or batteries.
Suspension Polymerization:
Suspension polymerization is a type of emulsion polymerization in which the monomers are suspended in an organic solvent. The suspension is usually made up of water, alcohol, ethyl ether or diethyl carbonate and acrylonitrile. Suspension polymerization was first developed for use as a coating material on glass fibers to prevent them from melting when heated.
Application Insights:
The power battery application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. PVDF binders are used in lead-acid batteries, lithium-ion batteries, and flow batteries owing to their high storage capacity. They also offer excellent cycle performance, low maintenance cost, and good cycle count which makes them highly suitable for power battery applications.
Power battery manufacturers are focusing on improving energy density by increasing weight of active material per unit volume as well as per unit mass. This trend is expected to drive demand for PVDF binder over the forecast period since it offers higher thermal stability than PVC or polyurethane binders currently used in Power Batteries (D2).
The digital battery application segment was valued at USD 281 million in 2017 owing to rising use of PVDF binders from major players such as Samsung Electronics Co., Ltd., Lenovo Group Ltd., Huawei Technologies Co., Ltd.
Regional Analysis:
Asia Pacific PVDF binder market is expected to witness significant growth over the forecast period owing to increasing demand for power batteries and energy storage batteries. The growing manufacturing sector in China, Japan, South Korea, Taiwan and India are likely to drive the regional market. Increasing government investments in infrastructure development across emerging economies of Asia Pacific including China and India are projected to positively impact industry growth over the next eight years.
The European region accounted for a share of more than 20% in 2017 owing to high R&D spending by major players on developing advanced polymers with improved properties such as better conductivity and higher strength with low moisture absorption. Stringent regulations regarding emission reduction from vehicles coupled with rising consumer preference for electric vehicles is anticipated favorably impact industry expansion over the forecast period. North America region also held a substantial volume share due its large-scale production of electronic devices including laptops, mobiles etc.
Growth Factors:
- Increasing demand for PVDF binders in the automotive and aerospace industries due to its excellent mechanical and thermal properties.
- Rising demand from Asia Pacific region due to the growth of end-use industries such as electronics, automotive, and construction.
- Growing use of PVDF binders in medical applications owing to its biocompatibility and non-toxicity properties.
- Increasing research activities on development of new PVDF binders with improved performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
PVDF Binders Market Research Report
By Type
Emulsion Polymerization, Suspension Polymerization
By Application
Power Battery, Digital Battery, Energy Storage Battery, Others
By Companies
Solvay, Kureha, Arkema, Dongyue Group, Shanghai 3F
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global PVDF Binders Market Report Segments:
The global PVDF Binders market is segmented on the basis of:
Types
Emulsion Polymerization, Suspension Polymerization
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Battery, Digital Battery, Energy Storage Battery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- Kureha
- Arkema
- Dongyue Group
- Shanghai 3F
Highlights of The PVDF Binders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Emulsion Polymerization
- Suspension Polymerization
- By Application:
- Power Battery
- Digital Battery
- Energy Storage Battery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PVDF Binders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PVDF binders are a type of adhesive that is made from polyvinylidene fluoride. PVDF binders are often used in applications where a strong, durable bond is needed between two surfaces.
Some of the major players in the pvdf binders market are Solvay, Kureha, Arkema, Dongyue Group, Shanghai 3F.
The pvdf binders market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PVDF Binders Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PVDF Binders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PVDF Binders Market - Supply Chain
4.5. Global PVDF Binders Market Forecast
4.5.1. PVDF Binders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PVDF Binders Market Size (000 Units) and Y-o-Y Growth
4.5.3. PVDF Binders Market Absolute $ Opportunity
5. Global PVDF Binders Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PVDF Binders Market Size and Volume Forecast by Type
5.3.1. Emulsion Polymerization
5.3.2. Suspension Polymerization
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PVDF Binders Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PVDF Binders Market Size and Volume Forecast by Application
6.3.1. Power Battery
6.3.2. Digital Battery
6.3.3. Energy Storage Battery
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PVDF Binders Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PVDF Binders Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PVDF Binders Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PVDF Binders Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PVDF Binders Demand Share Forecast, 2019-2026
9. North America PVDF Binders Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PVDF Binders Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PVDF Binders Market Size and Volume Forecast by Application
9.4.1. Power Battery
9.4.2. Digital Battery
9.4.3. Energy Storage Battery
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PVDF Binders Market Size and Volume Forecast by Type
9.7.1. Emulsion Polymerization
9.7.2. Suspension Polymerization
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PVDF Binders Demand Share Forecast, 2019-2026
10. Latin America PVDF Binders Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PVDF Binders Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PVDF Binders Market Size and Volume Forecast by Application
10.4.1. Power Battery
10.4.2. Digital Battery
10.4.3. Energy Storage Battery
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PVDF Binders Market Size and Volume Forecast by Type
10.7.1. Emulsion Polymerization
10.7.2. Suspension Polymerization
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PVDF Binders Demand Share Forecast, 2019-2026
11. Europe PVDF Binders Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PVDF Binders Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PVDF Binders Market Size and Volume Forecast by Application
11.4.1. Power Battery
11.4.2. Digital Battery
11.4.3. Energy Storage Battery
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PVDF Binders Market Size and Volume Forecast by Type
11.7.1. Emulsion Polymerization
11.7.2. Suspension Polymerization
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PVDF Binders Demand Share, 2019-2026
12. Asia Pacific PVDF Binders Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PVDF Binders Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PVDF Binders Market Size and Volume Forecast by Application
12.4.1. Power Battery
12.4.2. Digital Battery
12.4.3. Energy Storage Battery
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PVDF Binders Market Size and Volume Forecast by Type
12.7.1. Emulsion Polymerization
12.7.2. Suspension Polymerization
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PVDF Binders Demand Share, 2019-2026
13. Middle East & Africa PVDF Binders Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PVDF Binders Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PVDF Binders Market Size and Volume Forecast by Application
13.4.1. Power Battery
13.4.2. Digital Battery
13.4.3. Energy Storage Battery
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PVDF Binders Market Size and Volume Forecast by Type
13.7.1. Emulsion Polymerization
13.7.2. Suspension Polymerization
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PVDF Binders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PVDF Binders Market: Market Share Analysis
14.2. PVDF Binders Distributors and Customers
14.3. PVDF Binders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Solvay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kureha
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arkema
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dongyue Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanghai 3F
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
