Oil & Gas Industry to Flourish the US Polyvinylidene Fluoride (PVDF) Market Growth

US polyvinylidene fluoride (PVDF) market is anticipated to grow significantly at a CAGR of 6.5% over the forecast period (2021-2027). The key aspect that drives the US polyvinylidene fluoride (PVDF) market growth is the properties possessed by the PVDF. PVDF has a glass transition temperature (Tg) of about ?35 °C and is typically 50–60% crystalline. PVDF resin has been recorded stable up to 707 °F (375 °C). PVDF exhibits an increased chemical resistance and compatibility among thermoplastic materials. PVDF also possesses resistance to strong and weak acids, oxidants, weak bases, hydrocarbons, among others. Hence, these properties possessed make PVDF suitable for use across oil & gas industries. Hence, this creates scope for market growth.

Browse the full report description of "US 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, 2021-2027" at https://www.omrglobal.com/industry-reports/us-polyvinylidene-fluoride-pvdf-market

Another key factor that propels the market growth is the rapid growth in the oil & gas industries in the country over the forecast period. The US is also considered as one of the key countries in the exploration of unconventional crude oil reserves and the application of hydraulic fracturing. The production of oil has been increased over the past few years, which is likely to be enhancing the consumption of pipes and fittings in exploration and production activities. This, in turn, is likely to create a wide scope for the growth of the PVDF market in the country over the forecast period.

Market Coverage

• Market number available for – 2020-2026
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- By Applications and By End-User Industry
• Country Covered- The US
• Competitive Landscape- 3M Co., Arkema Group, Daikin Industries Ltd., Dyneon GmbH, Kureha Corp., Mitsubishi Chemical Corp., RTP Co. Inc., SABIC, Saint-Gobain Performance Plastics, and Solvay SA among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in base year?
• Which segment will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Polyvinylidene Fluoride (PVDF) Market – Segmentation

By Applications

• Films and Sheets
• Coatings
• Pipes and Fittings
• Wires and Semiconductor Processing
• Li-ion Batteries
• Others 

By End-User Industry 

• Electrical and Electronics
• Oil and Gas
• Chemical
• Transportation 
• Building and Construction
• Other End-user Industries

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