PUNE, India, May 3, 2016 /PRNewswire/ --
According to the new Market Research Report "Global Polyvinylidene Fluoride Coatings Market, By Application (Food processing, Electrical and Electronics, Chemical processing, Building and construction and Others), By Geography - Forecast to 2021", the Global Polyvinylidene Fluoride coatings market was valued at USD 180.0 million in 2015, and is expected to reach USD 250.0 million by 2021, at a CAGR of 7.0% from 2016 to 2021.
Browse 43 market data Tables and 32 Figures spread through report and in-depth TOC on "Global Polyvinylidene Fluoride Coatings Market"
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PVDF coating is created by polymerizing vinylidene difluoride. There is a seemingly endless list of types of coatings, and they all have slightly different properties and characteristics. The properties of PVDF coating are similar to fluoropolymers. PVDF coating is commonly used in industrial coatings. The PVDF coating is chemical and sunlight resistant which ensures many years of aesthetic quality.
The key applications of PVDF coatings are; food processing, electrical and electronics, chemical processing, and building and construction. Besides these, PVDF coatings are used in a wide range of other applications in industries, such as defense, medical, semi-conductor, fishing industry, and so on.
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Increase in plant capacity by Whitford Corporation (U.S.) and AkzoNobel N.V. (Netherlands) for PVDF coating have led to an increase in production and which has led to meeting the demand from this region.
Due to the excellent properties of PVDF coating such as temperature resistance, flame retardancy, chemical, abrasion and cut-through, and radiation resistance, the demand from the wire and cable industry is following a positive trend. The demand for PVDF coating in primary insulation, LAN cable, and many more uses makes it vital and has resulted in the growing demand for PVDF coating in this industry which is driving the market.
Key Players of Global Polyvinylidene Fluoride Coatings Market includes:
BASF SE, Akzo Nobel N.V., Whitford Corporation, and PPG Industries among others and so on.
The report covers the Global Polyvinylidene Fluoride market that is segmented on basis of application, and region. On the basis of application, this market is classified into food processing, chemical processing, Electrical and Electronics, Building and construction and others. On the basis of geography, this market is categorized into North America, Asia-Pacific, Europe and Rest of the World.
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