Polyvinylidene Fluoride (PVDF) Coatings Market Growth by Applications 2019 to 2023 | BASF SE., Akzonobel NV., KECO Coatings., PPG Industries Inc
Global Polyvinylidene Fluoride (PVDF) Coatings Market Research Report 2019 is created to provide the market landscape and unlimited guideline about contemporary market size, share, driving factors, trends, progressive growth, and dominant players of the Polyvinylidene Fluoride (PVDF) Coatings market. The report serves overall information on the market to top manufacturers, distributors, traders, dealers. It will help them understand the product scope, market overview, market driving force, technological advancement, market risk, opportunities, and research findings.
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The global polyvinylidene fluoride (PVDF) coatings market is expected to register a moderate growth rate during the forecast period (2018–2023). High performance properties, coupled with rising acceptance, and capacity expansions of chemical & refining industries in the Asia-Pacific region are expected to drive the market during the forecast period.
Some of the major players of the market are:
BASF SE., Akzonobel NV., KECO Coatings., PPG Industries Inc., Sherwin-Williams Valspar, Arkema Inc., amongst others.
Growing Infrastructure and Industrialization in Asia-Pacific
Asia-Pacific provides lucrative market conditions for chemical processing, food, electrical & electronics, construction, and defense industries. PVDF coatings, are extremely chemical resistant and particularly used in chemical processing industries, which are forecasted to experience an enormous growth in the region. Proliferate commissioning and expansion of production units, increased strategic acquisitions, and partnerships among the major industry players for procuring global presence, due to favorable geographical conditions, and the growing consumer demand are the main drivers behind the ongoing industrialization in Asia-Pacific. Such trends are likely to increase the consumption demand for PVDF coatings.
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Construction One of the Prominent End-user Industry
PVDF coatings are commonly used for roofing in the construction industry. These coatings are a resin-based coating system. They are extensively used when a robust coating is needed on the exteriors to resist weathering, chalking, fading, and UV rays, while offering exceptional protection to the building structures. These type of fluoropolymer coatings are mainly applied on metal roofs, garage doors, and wall panels or spray applied to formed aluminum extrusions on curtain walls, aluminum window and door framing, gutters, soffits, and sunshade. The increase in the construction activity in Asia-Pacific in turn, is expected to increase the usage of PVDF coatings in the construction industry to a major extent.
Asia-Pacific to Lead the Polyvinylidene Fluoride Coatings Market
Asia-Pacific accounted the highest market share in terms of revenue in 2017, with China dominating the market. Some of the major reasons for the domination of the Chinese market include expansion of chemical processing sites in China from the leading chemical producers in the world, such as SINOPEC and CNCP. Apart from these factors, the growing infrastructure industry in countries, such as India and Japan also acts as drivers for the market. Moreover, the infrastructure spending budget allocated in India for 2017-2018 stands at USD 61.48 billion. Such positive factors are expected to drive the market for PVDF coatings during the forecast period.
Table of Contents:
1 Introduction
2 Polyvinylidene Fluoride (PVDF) Coatings Market Research Methodology
3 Executive Summary
4 Polyvinylidene Fluoride (PVDF) Coatings Market Dynamics
5 Polyvinylidene Fluoride (PVDF) Coatings Market Segmentation
6 Competitive Landscape
7 Polyvinylidene Fluoride (PVDF) Coatings Market Opportunities And Future Trends
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