Polyvinyl Fluoride (PVF) Films Market: Introduction
Polyvinyl Fluoride,
generally known as PVF, is a thermoplastic polymer which is semi
crystalline in nature and occurs in transparent as well as in opaque
form. The variation in its crystalline structure significantly affects
its mechanical properties, also varying its application. PVF if formed
by the replacement of one hydrogen atom by a fluorine atom in
polyethene. Polyvinyl Fluoride (PVF) Films exhibit physical properties
that endear it for various applications. For example, Polyvinyl Fluoride
(PVF) films have good heat resistance, outstanding mechanical
properties, excellent weather-ability, and are inert towards a large
number of common solvents and chemicals. Also, its properties such as
superior resistance against ozone, UV and other wide range of chemicals
add on to support its wide range of application. In short, Polyvinyl
Fluoride (PVF) Films provide long-lasting protection of exterior
surfaces even in tough outdoor environments. Polyvinyl Fluoride (PVF)
Films are easy to die-cut and extrude. Polyvinyl Fluoride (PVF) Films
are printable as well. Also, Polyvinyl Fluoride (PVF) Films exhibit good
gloss retention, do not stain easily, have excellent fade resistance,
and are also easy to clean, which makes them a preferred material for
decorative applications. In fact, Polyvinyl Fluoride (PVF) Films can
maintain their original colour for many decades. Polyvinyl Fluoride
(PVF) Films are produced in a large variety of colour shades varying
from light to dark shades, considering the fact that they can be dyed
and printed easily. The production of Polyvinyl Fluoride (PVF) Films
being cost effective, they are widely used in decorative applications,
which has boosted its market globally.
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Polyvinyl Fluoride (PVF) Films Market: Dynamics
Investments
from leading manufacturers in research and development efforts has
brought about the production of stain, scratch and external chemical
resistant Polyvinyl Fluoride (PVF) films, which can be used for
protection as well as decorative purposes. These properties have boosted
the application of Polyvinyl Fluoride (PVF) Films across various end
user sectors. Polyvinyl Fluoride (PVF) Films are currently used in
industries such as automotive, aerospace, construction and others owing
to its ability to impart maximum interior design flexibility. The
application of Polyvinyl Fluoride (PVF) Films eliminates the need for
repainting, thereby reducing maintenance costs. Also, increasing
spending on infrastructure development, mainly in residential and
commercial sectors, are the major driving factors for the growth of the
interior designing market in developed and developing economies, which
in turn provides an impetus for the growth of the Polyvinyl Fluoride
(PVF) Films market.
However,
strong competition from other material types such as PVC films and
polypropylene films in protection and decorative applications may
restraint to the sale of Polyvinyl Fluoride (PVF) Films over the
forecast period.
Polyvinyl Fluoride (PVF) Films Market: Segmentation
The global Polyvinyl Fluoride (PVF) Films market can be segmented on the basis of Sales Channel, end use industry and region.
- Based on the Sales Channel, the Polyvinyl Fluoride (PVF) Films market can be segmented as follows:
- Online
- Offline
- Distributor
- Reseller
- Direct Sales
- Based on the end use industry, the Polyvinyl Fluoride (PVF) Films market can be segmented as follows:
- Aerospace & Defence industry
- Automotive industry
- Construction Industry
- Commercial
- Residential
- Electrical & Electronics
- Others (Marine)
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Polyvinyl Fluoride (PVF) Films Market: Regional Outlook
Geographically,
the Polyvinyl Fluoride (PVF) Films market is segmented into eight
regions including the Middle East and Africa, Latin America, North
America, Western Europe, Eastern Europe and the East Asia Pacific, South
Asia and Oceania. North America and Europe are expected to account for a
significant share in the Polyvinyl Fluoride (PVF) Films market during
the forecast period owing to high spending levels on interior and
ambience, across both residential and commercial sectors. Moreover,
growing construction activities in developing regions, such as
Asia-Pacific, are expected to fuel the growth of the interior,
protective and decorative products market. Countries such as China,
India, Malaysia, Indonesia, Thailand etc among others are expected to
witness robust growth in construction spending during the forecast
period, which is expected to boost the market of Polyvinyl Fluoride
(PVF) Films.
Polyvinyl Fluoride (PVF) Films Market: Market Participants
Some
of the examples of the market participants operating across the value
chain of the global Polyvinyl Fluoride (PVF) Films market are:
- DuPont
- Solvay S.A.
- ARKEMA INC.
- Adtech Polymer Engineering Ltd
- Welch Fluorocarbon Inc.
- Zhejiang Lantian Environmental Protection Fluoro Materials Co., Ltd
- The 3M Company
- Gujarat Fluorochemicals Ltd
- The Chemours Company
- Saint-Gobain S.A.
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