Polyvinylidene Fluoride Market
The market for Polyvinylidene Fluoride was estimated at $8.3 billion in 2024; it is anticipated to increase to $15.0 billion by 2030, with projections indicating growth to around $24.6 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Polyvinylidene Fluoride Market Outlook
Revenue, 2024
$8.3B
Forecast, 2034
$22.3B
CAGR, 2025 - 2034
10.4%
The Polyvinylidene Fluoride (PVDF) industry revenue is expected to be around $9.2 billion in 2025 and expected to showcase growth with 10.4% CAGR between 2025 and 2034. The market for this fluoropolymer has a strong future due to its current status as a leading material for a variety of applications which are high tech including Li ion batteries, protective coatings and high performance paints and they are used in the key sectors of infrastructure renewal and automotive electrification. 57 % of revenue is generated by its applications in high performance coatings and Li ion battery binders.
This polymer, known as polyvinylidene fluoride, is a semi crystalline solid which possesses good thermal stability, strong dielectric properties and excellent resistance to chemicals, along with good electrical insulation properties and mechanical strength. These properties make the polymer suitable for the manufacture of components which are exposed to chemical processing, the automotive industry and electronics. Properties such as excellent barrier properties, high thermal stability, and excellent electrical insulation characteristics coupled with the versatile processing of PVDF powder, enable major applications including paints and coatings for architectural and industrial purposes which are durable, and electrode coatings for electric vehicles. Growing demand for lithium ion batteries is being driven by the increasing use of these batteries in electric vehicles and for energy storage and also by construction and engineering industries requiring stronger and more sustainable materials. PVDF is a material that is being increasingly used in areas such as energy and the environment. As end users of these products are demanding longer product lifetimes that are more efficient and safer, the need for PVDF is growing. It is used in next generation environmental solutions.
Market Key Insights
The Polyvinylidene Fluoride market is projected to grow from $8.3 billion in 2024 to $22.3 billion in 2034. This represents a CAGR of 10.4%, reflecting rising demand across Li-ion Binders, Coatings Paints, and Pipes Fittings.
This market is dominated by several major players including Arkema, Gujarat Fluorochemicals and Dongyue Group. These players have significant influence on the market's competitive landscape.
The growth rate of the Polyvinylidene Fluoride market in the United States and China is predicted to be between 7.6% and 10.9% annually from 2024 to 2030.
The fastest growth rates between 10 and 13 percent are predicted for emerging markets such as India, Brazil and Vietnam.
Polyvinylidene Fluoride market will get an additional stimulus worth $2 billion by 2030 due to advanced energy storage demands.
In the five years leading up to 2024, the global demand for polyvinylidene fluoride will increase by $14 billion. Furthermore, it is anticipated that in the same period, coatings and the pipes and fittings industries will use most of this material.
With
advanced lithium-ion battery technologies and electric vehicle adoption accelerating demand for polyvinylidene fluoride materials, and
Rapid expansion of high-performance water treatment membranes boosting PVDF membrane filtration usage, Polyvinylidene Fluoride market to expand 169% between 2024 and 2034.
Opportunities in the Polyvinylidene Fluoride
The growing demand for sustainable and low maintenance building facades across Europe is also creating opportunities for PVDF resin in co extruded façade profiles and roofing systems. Between 2025 and 2030, global PVDF pellets revenue is forecast to reach $5.51 billion from $3.45 billion at a growth rate of 9.8% per annum. This will encourage collaboration between architects, faade integrators and resin producers in order to drive the sales of specification driven PVDF products. The largest growth will occur in PVDF resin based architectural components for net zero commercial buildings in Western Europe.
Growth Opportunities in Asia-Pacific and Europe
Polyvinylidene fluoride in the Asia Pacific is driven by lithium ion battery binders. This is due to the regions focus on manufacturing of cells and electric vehicles. PVDF is increasingly used in high energy cathode formulations and separator coatings. Key opportunities in the PVDF market are the expansion of PVDF film and membrane solutions for photovoltaic backsheets and water treatment, securing long term contracts with OEMs and building of battery grade PVDF resin near the battery factories. The PVDF market is being threatened by the growing competition between local Chinese suppliers and the producers of fluoropolymers who have a cost advantage. They also have access to fluorochemicals. A key factor in gaining market share in the PVDF market is the differentiation of products based on purity, processability and the molecular weight distribution. This is due to the growth in the chemical processing industry and the demand for cleaner energy. The demand for renewable power is also growing rapidly. As a result, there is a demand for PVDF piping systems which are resistant to corrosion.
Europe's major use of polyvinylidene fluoride at present is in the higher priced paints and coatings. These fluoropolymer coatings supply long term protection from corrosion and durability in varying weather conditions for buildings, industrial equipment and transportation infrastructure, despite a growing need for lithium ion battery binders as new gigafactories are built in the region. The main markets for PVDF in Europe are for PVDF grades that meet EU requirements for reduced emissions and sustainability, such as low VOC paints, architectural finishes and lower carbon PVDF materials used for the automotive and construction industries, as well as for PVDF compounds used in the production of pipes and fittings for the chemical and pharmaceutical industries. Multinational companies that manufacture fluoropolymers are well established in Europe and protect their market share by offering application engineering support, technical services and collaborating with car manufacturers and chemical suppliers. Key drivers of demand for PVDF in Europe are the enforcement of safety and durability standards, government plans to renovate infrastructure and reduce carbon emissions and the enforcement of stringent safety and durability standards which mean that the use of materials that last longer and perform better is encouraged.
Market Dynamics and Supply Chain
01
Driver: Advanced lithium ion battery technologies and electric vehicle adoption accelerating demand for polyvinylidene fluoride materials
As lithium ion battery technology continues to advance, polyvinylidene fluoride has also emerged as a significant component in the production of the batteries. This is also particularly noticeable in the production of batteries which are also high nickel, have also thicker electrodes and fast charge capabilities. Due to its superior heat stability and chemical resistance, along with strong adhesive properties, PVDF is also often selected for lithium-ion batteries as a binder and for coating separators. This allows batteries to have also higher energy storage capacity and last longer. The rapid growth of the electric vehicle industry has also led to a surge in the construction of gigafactories which manufacture the batteries that power the cars. There are also also significant investments being made in advanced storage systems. These will also be used in the countrys charging infrastructure and to support the electricity grid. They use a PVDF based formulation in order to ensure that their equipment is also stable and safe under harsh operating conditions, and that it performs consistently. The pursuit of higher performance batteries by car manufacturers highlights the potential benefits of using polyvinylidene fluoride in this context. The technology could also be used to increase the range of vehicles and speed of recharging. This increases the use of the material in the transport sector.
Technologies such as advanced microfiltration and ultrafiltration are also being increasingly used by both industry and local councils to obtain high quality and reliable water supplies. PVDF exhibits great resistance to fouling and is also extremely strong mechanically, rendering it the material of choice for reverse osmosis and ultra filtration systems used in the treatment of industrial effluent, seawater and also wastewater. Its ability to be used with compact hollow fiber modules means that the plant can also treat more water in a smaller space, reducing the overall cost of the plant. Demand for membranes made from PVDF globally is also expected to be driven by the expansion of decentralized water treatment facilities and by zero liquid discharge technologies.
02
Restraint: Escalating fluoropolymer production costs and volatile feedstock prices compress margins and constrain polyvinylidene fluoride adoption
Due to the increasing price of essential raw materials and energy fluoropolymers are now more expensive. The price increase is affecting the production of three products water treatment membranes, coatings used in aerospace applications and battery separators. In response to the rising costs, the users of PVDF are either buying in lower quantities, altering their products to use less of the material, or are opting for cheaper alternatives. As a result, demand for PVDF has fallen and customers have turned to cheaper suppliers.
03
Opportunity: Advanced PVDF latex membranes for industrial wastewater reuse in rapidly urbanizing Indian manufacturing clusters and Battery grade polyvinylidene fluoride powders for high nickel lithium ion cathodes in Chinas EV sector
Indias tightening industrial effluent standards and increasing water shortages have led to growing interest in the use of PVDF latex for membrane technology used in water reclamation and wastewater treatment plants. Worldwide photovoltaic film, sheet and tape latex sales are predicted to increase from $1 billion in 2025 to $1.54 billion by 2030 with a compound annual growth rate of 8.9%. Thus there is a potential for the development of the local manufacturing, licensing and OEM alliance sectors. The most rapid expansion will come from PVDF latex based ultrafiltration and reverse osmosis modules that serve the chemical, textile and pharmaceutical industries.
Growing demand for lithium ion batteries in China is driving up the need for high performance polyvinylidene fluoride powder. This is used in the production of the separators and the protective linings within lithium ion batteries. Sales of photovoltaic dispersion and filler powders on a global basis are projected to increase from $3.84 billion in the year 2025 to $6.56 billion by 2030. From 2025 to 2030, they are expected to grow at a compound annual growth rate of 11.3%. Across Asia Pacific the PVDF powder utilized in EV battery electrodes is anticipated to represent the fastest growing application segment.
04
Challenge: Regulatory scrutiny on fluorinated materials and sustainability pressures dampen PVDF demand in sensitive applications
Industry trends, such as user driven sustainability initiatives and emerging government regulations on fluorinated materials, are causing manufacturers in construction, consumer electronics and the semiconductor sectors to reconsider their dependence on PVDF. As a result the qualification of news of PVDF has been slowed, investment has been redirected into non fluorinated products and there has been a decrease in the rate of growth in demand for architectural coatings, flexible films and oil and gas equipment components. This has resulted in a more concentrated use of PVDF in critical applications and also limited the size of the market for PVDF and its potential for revenue diversification.
Supply Chain Landscape
1
Fluorochemical Feedstocks
Dongyue GroupGujarat Fluorochemicals Limited
2
Polyvinylidene Fluoride Resin
ArkemaKureha CorporationDongyue Group
3
PVDF Components Processing
ArkemaHubei Everflon Polymer Co. Ltd.Gujarat Fluorochemicals Limited
4
End-Use Industry
Lithium-Ion BatteriesWater Treatment MembranesChemical Processing
1
Fluorochemical Feedstocks
Dongyue GroupGujarat Fluorochemicals Limited
2
Polyvinylidene Fluoride Resin
ArkemaKureha CorporationDongyue Group
3
PVDF Components Processing
ArkemaHubei Everflon Polymer Co. Ltd.Gujarat Fluorochemicals Limited
4
End-Use Industry
Lithium-Ion BatteriesWater Treatment MembranesChemical Processing
Use Cases of Polyvinylidene Fluoride in Li-ion Binders & Pipes Fittings
Li-ion Binders : In the lithium ion battery sector, the reference material in question is polyvinylidene fluoride. This industry is forecast to make sales worth around $2.95 billion in the year 2025. Furthermore, the industry is projected to grow at an annual rate of 12.1% from 2026 to 2030, with this rise in the industry supported by the very rapid growth in electric vehicles and stationary energy storage. In the production of lithium ion electrodes powdered PVDF is dissolved in either N methyl 2 pyrrolidone or water to produce a slurry that coats the active material in the electrodes. Alternatively, PVDF latex dispersion enables a water based process for making electrodes. This method utilizes the larger market share of 46.3% of powdered PVDF and the 12.10% share of PVDF latex within the overall market for PVDF. Its superior properties allow it to provide strong adhesion to active materials, has high mechanical integrity through thousands of cycles and possesses excellent electrochemical stability in the carbonate electrolyte. This leads to higher safety and energy density in high silicon and high nickel chemistries. Kureha Corporation and Arkema have high reputations as innovators in the field of PVDF for the battery industry, thanks to strict quality control of the polymers molecular weight distribution and very low impurities. This enables them to have an advantage in the development of electric vehicles and energy storage products requiring high performance. In Asia the Hubei Everflon Polymer Co. Ltd. and Dongyue Group possess large scale manufacturing facilities allowing for cost efficient production, they thus enhance regional security of supply for gigafactories which are expanding. Gujarat Fluorochemicals Limited is becoming a key supplier to local producers of electric cars by providing both support and manufacturing locally.
Coatings Paints : PVDF exhibits superior performance in paints and coatings with regard to its capabilities of long lasting corrosion resistance and retention of vibrant colors and resistance to UV radiation. It is expected the PVDF market for these applications will be worth $1.78 billion by the year 2025, it is estimated to grow with a rate of 10.7% throughout the period from 2020 to 2025. PVDF is used in the form of powder, the latter making up 41.6% of the global PVDF usage by the year 2025. Pelletized PVDF is used to make the resin used for architectural and coil coatings through the process of melt processing. Additionally, finely ground PVDF is used for powder coating systems, and the PVDF latex is used in waterborne and low VOC paint formulations. The unique blend of chemical resistance, dirt shedding, weatherability and gloss retention means that the upkeep of buildings, machinery and infrastructure is significantly reduced. This places PVDF coatings at a premium for use in desert, chemical and coastal environments. The company Arkema possesses a significant market leadership in PVDF coatings. This position is due to their global portfolio and strong global brands which they use in conjunction with their technical services to assist in the processes of their clients, who are either formulators or coil coaters. These clients are aided in attaining enhanced processing and performance. The companies Dongyue Group, Gujarat Fluorochemicals Limited, Hubei Everflon Polymer Co. Ltd. and Kureha Corporation each supply the region with a variety of PTFE products. Dongyue Group and Gujarat Fluorochemicals Limited both offer PTFE products that meet the regional markets price and regulatory needs. Hubei Everflon Polymer Co. Ltd. is able to provide products that offer the customer a balance between a fast production process and a long product life. Kureha Corporation produces high durability coatings where reliability is crucial.
Pipes Fittings : Within chemical processing, semiconductor ultra pure water systems and industrial fluid handling, PVDF finds extensive use in the production of pipes and fittings. The revenue generated from this use is forecast to total USD 1.39 billion in 2025. It is expected that by 2030 there will be an 8.6% CAG increase from 2026. This growth is set to be driven by increased investment in infrastructure for corrosive media and high purity. PVDF in powder form is mainly used by the market, accounting for 41.6% of all PVDF demand. This particular form is useful for the extrusion of pipes and also the moulding of complicated components through injection moulding. Powdered PVDF is used in the production of the lining of other pipes, dual pipes and parts that are resistant to corrosion. PVDF possesses chemical inertness along with low extractables, high temperature use range and smooth bore surface which means that the component has a long life and minimal contamination when used with water of microelectronic grade, aggressive acids and chlorinated media. This is more than many engineering plastics. Arkemas long history of supplying pelletized PVDF for piping systems, coupled with comprehensive industry certifications and a worldwide distribution network, positions it as a preferred supplier for demanding chemical and semiconductor applications. Companies such as Gujarat Fluorochemicals Ltd and Dongyue Group provide high quality fluoropolymers which offer the end user manufacturer rapid cost savings and increased production capacity for the manufacture of large diameter pipes. Hubei Everflon Polymer Co. Ltd and Kureha Corporation also supply materials to this market sector but the grades supplied by these companies are of a higher purity and are used where extreme cleanliness is required. This could be due to the pipes being used in very precise applications or where traceability is required for the finished product.
Recent Developments
Recent advancements in polyvinylidene fluoride point to a growing demand from lithium ion battery binders and also high performance PVDF films which are used in electric vehicles and other energy storage products. PVDF manufacturers are increasing production and enhancing their fluoropolymer manufacturing processes to meet the higher requirements for separators and battery electrodes. One significant trend within the market is the move towards the use of more eco friendly fluoropolymers, these materials are seen to have less of an impact on the environment, developments in the PVDF polymer have been particularly notable in relation to solar panels, filtration systems and in equipment used in chemical processing.
January 2024 : Arkema has successfully completed a substantial expansion of Kynar PVDF production at its China plant. The expansion has meant that the production of battery grade PVDF for lithium ion batteries has risen significantly. As a result of this, the companys capacity to supply high performance fluoropolymers for electric vehicle cathode binders and the coatings of separators has been strengthened. This move should remove supply constraints and help the battery market grow further.
September 2023 : The Dahej site of Gujarat Fluorochemicals Ltd. expanded its capacity in making polyvinylidene fluoride. The expansion was in high purity PVDF used in photovoltaic solar panels, lithium ion battery binder and speciality coatings. This expansion helped increase the capacity of making fluoropolymers in India and increased competition with other suppliers in the field of clean energy.
June 2023 : In Shandong, Dongyue Group has started up new production of polyvinylidene fluoride, this being aimed at the materials that are used to coat separator films and to bind cathodes in lithium ion batteries. The new facility thus increases the production of fluoropolymers within China. This also leads to a greater supply of, and downward pressure on the price of, polyvinylidene fluoride available globally, with both factors being especially pertinent to the battery supply chain of the Asia Pacific region.
Impact of Industry Transitions on the Polyvinylidene Fluoride Market
As a core segment of the Bulk & Commodity Chemicals industry,
the Polyvinylidene Fluoride market develops in line with broader industry shifts.
Over recent years, transitions such as Advanced Energy Storage Demand and Shift To High Purity Solutions have redefined priorities
across the Bulk & Commodity Chemicals sector,
influencing how the Polyvinylidene Fluoride market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Advanced Energy Storage Demand
The Polyvinylidene Fluoride market is undergoing a significant transformation as its applications expand from niche coatings to critical components in lithium ion batteries, particularly in electric vehicles and energy storage systems. This shift is driven by the increasing demand for advanced energy storage solutions, with projections indicating an additional market stimulus of $2 billion by 2030. PVDFs superior thermal stability, chemical resistance, and adhesive properties position it as an essential material for high performance battery cells, enabling manufacturers to achieve higher voltages, extend battery lifespan, and enhance safety. As battery manufacturers invest in specialized fluoropolymers to meet evolving technological requirements, the strategic role of PVDF in the energy sector is set to solidify, reflecting its growing importance in sustainable energy solutions.
02
Shift To High Purity Solutions
PVF applications are also shifting towards ultra high purity grades of the resin for semiconductor, pharmaceutical and water treatment membrane fabrication. As the manufacturing of microchips advances and tightens its standards of contamination, PVDF piping, fittings and other components are replacing metal and other plastics in systems that use ultra pure chemicals. In the manufacture of medicines, a new class of highly durable polymers helps the more moderns of equipment used which are filled only once. These are more resistant to corrosion and ensure the products are sterile. Advances in technology are driving precision extrusion, advanced compounding and quality control techniques across the critical fluid handling, specialty chemicals and equipment manufacturing industries.