The PVDF market is subjugated by respective regional players along with the presence of few global players in the key growth markets
The PVDF market is subjugated by respective regional players along with the presence of few global players in the key growth markets. The North American region is the largest market, followed by Asia-Pacific and Western Europe in the global PVDF industry.
Arkema (France), Solvay S.A. (Belgium), Daikin Industries ltd (Japan), Dyneon GmbH (Germany), Kureha Corporation (Japan), Shanghai 3F New Materials Company Limited (China), Shanghai Ofluorine Chemical Technology Co. ltd. (China), Quadrant Engineering Plastics Products Inc. (Switzerland), Zhejiang Fotech International Co. Ltd. (China), Zhuzhou Hongda Polymer Materials Co. Ltd. (China) and others are the most active and major players in the PVDF market.
In terms of market activities, expansions was the most preferred development strategy by the players to increase their product portfolio, market share, and geographic reach. A large number of expansions and new product launches by the key players was seen in 2012.
Arkema invested in its PVDF plant, in 2012, to boost their production capacity of their Kynar brand in Europe. Also, Solvay S.A. has increased the production capacity of SOLEF polyvinylidene fluoride (PVDF) at its Tavaux plant, in France, by 50% with the launch of new production capacity. This geographical re-balancing of Arkema and Solvay S.A. has resulted in a proportional increase of the PVDF industry in the Western European market.
Kureha has invested to establish Kureha Fluoropolymers Co. Ltd. (China), to meet the growing demand for PVDF. Also, Solvay S.A. has started a new production facility at its existing industrial site in Changshu (China). This geographical re-balancing of Kureha Corporation and Solvay S.A. has resulted in a proportional increase of the PVDF industry in the Asian-Pacific market.
Related Reports:
Polyvinylidene Fluoride - PVDF Market by End User Industry (Chemical Processing, Construction, New Energies, and Oil & Gas), & by Application (Pipes, Coatings, Fittings, Sheets, Films, Tubes, Powder, Membranes, & Cables) - Trends Forecasts to 2019
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