Fluoropolymers:
Major Types & Applications
Fluoropolymers
are fluorocarbon-based polymers, containing many strong carbon to fluorine
bonds and are tailored to be utilized as a high-performance material in a broad
array of end user industries. The various types of fluoropolymers include perfluorocycloalkene,
vinyl fluoride, tetrafluoroethylene (TFE), chlorotrifluoroethylene (CTFE) and
many more, however Polyvinylidene Fluoride (PVDF) and Polyvinyl Fluoride (PVF) films
are showcasing increasing penetration across applications such as semiconductor
manufacturing, wire and cable insulation and coating in construction
applications, which in turn is escalating the global PVDF and PVF films market through 2026.
Leading
End User Industries in Global PVDF & PVF Films Market:
1. Automotive:
The automotive industry is emanating
massive market opportunities for the PVDF and PVF film manufacturers across the
globe, on account of increasing demand for automobiles and rising investments
for light weight vehicles. The escalating sales of
general & commercial utility vehicles, growing consumer fondness for fuel-efficient
& light-weight vehicles and swarming investments in public transportation segment
are some of the lucrative growth areas for PVDF and PVF films. The immense strength
and durability offered by PVDF and PVF films are extensively catalyzing their
demand across automotive applications such as decals and decorative films,
electrochromic applications, plastic optical fibers and many more, throughout
the world. Source: Organisation Internationale des Constructeurs d’Automobiles (OICA)
2. Building & Construction:
The
building & construction industry account as one of the largest end user
industry in the global PVDF and PVF films market. The PVDF and PVF films can be
coated to a broad range of architectural substrates and can be further used to
protect and preserve building walls and ceiling against extreme weather
conditions, fading, cracking and corrosion. Other major applications
of PVDF and PVF films in the construction industry include wall coverings, residential
and commercial roofing, siding, trim and accents, metal building panels, laminates
for air-inflated structures, canopies, awnings and stadium domes, indoor and
outdoor fabrics, curtain walls, healthcare facility surfaces, pipe and vessel
jacketing and many more. The increasing number of construction projects across
Europe and other parts of the world would accelerate the consumption of PVDF
and PVF films significant over the span of next nine years.
Partial List of Construction Projects in
Europe, 2017
|
Project Details
|
Location
|
Project Status
|
Investment
|
|
New Stadium at Stamford Bridge
|
UK
|
Started in January 2017
|
USD588.77 Million
|
|
Greenwich Peninsula Masterplan
|
UK
|
Started
in February 2017
|
USD10.8
Billion
|
|
Elbe Philharmonic Hall
|
Germany
|
Competed in January 2017
|
USD677.09 Million
|
|
U Arena (Sports and entertainment
complex)
|
France
|
Expected
Completion October 2017
|
USD485
Million
|
|
Vendsyssel Theatre and Experience
Centre
|
Denmark
|
Competed in January 2017
|
USD22.5 Million
|
Source: TechSci Research
3. Electricals
& Electronics:
Superior functional properties of PVDF films are
propelling their applications in semiconductor and battery manufacturing
processes. The ability to handle elevated temperature, excellent adhesion and boost
the electrical performance of high-energy lithium-ion batteries are boosting
the adoption of PVDF films as an electrode binder to manufacture Li-Ion
batteries for hybrid as well as pure Electric Vehicles. With the increasing popularity
of lithium ion batteries across consumer electronics such as mobile phones,
tablets, power tools, etc. in addition to the ongoing booming electric vehicles
segment, the global PVDF and PVF films market is expected to witness a
boisterous growth over the
Total Sales of Electric Vehicles in Selected
Nations, By Type, 2016
Source: International Energy Agency (IEA)
Additionally,
the applications of PVDF and PVF films in the manufacturing of electrical
appliances and semiconductors would further advance their demand across fast
growing nations such as India and China. For instance, India is focusing to
strengthen the electronics manufacturing industry of the country by attracting Foreign
Direct Investments (FDIs), rising from USD1.64 billion in 2014 to USD18.34
billion in 2016, which is reflecting a positive growth trend for PVDF and PVF
films regionally as well as globally.
Conclusion:
In
conclusion, the global PVDF and PVF Film market is expected to showcase steady
growth over the span of next 9 years on account of diverse range of
applications in multiple end user industries. The growth in the global PVDF and
PVF films can be attributed to the rapid industrialization going on in the
developing nations, subsequently emanating market opportunities for
fluoropolymers. The ability of Polyvinylidene fluoride
(PVDF) and Polyvinyl Fluoride (PVF) films to display inertness to
chemicals, resistance to high temperature, weathering and good electrical
insulation would further bolster the global PVDF and PVF Films market through
2026. Global PVF Films market is projected to reach approximately USD700
Million by the end of 2026 whereas PVDF Films are estimated to garner larger
share in the overall global PVDF and PVF Films market.
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