Global PVDC Materials Market Growth 2024-2030
Product Code:1077096
Published Date: Dec 03,2024
Pages: 91
Region: Global
Category: Chemical & Material
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The global PVDC Materials market size is predicted to grow from US$ 791 million in 2024 to US$ 1039 million in 2030; it is expected to grow at a CAGR of 4.6% from 2024 to 2030.
Polyvinylidene chloride (PVDC) is a high-performance thermoplastic polymer known for its exceptional barrier properties against gases, moisture, and flavors. Chemically, it is a synthetic resin derived from the polymerization of vinylidene chloride. Its unique molecular structure, characterized by closely packed polymer chains with high crystallinity, gives PVDC superior impermeability to oxygen, carbon dioxide, and water vapor compared to most other polymers.
PVDC is most commonly used in the form of coatings or films, either as a standalone material or as a layer in multilayer packaging. Its primary applications are in the packaging industry, where it is valued for maintaining product freshness, preventing contamination, and extending shelf life. It is also employed in medical, industrial, and construction applications for its durability and resistance to chemicals and UV radiation.
Properties of PVDC:
Barrier Performance: PVDC is highly effective at preventing the permeation of gases and moisture, making it ideal for food, pharmaceutical, and industrial packaging.
Chemical Resistance: It resists most acids, alkalis, and organic solvents, enhancing its utility in industrial and medical applications.
Thermal Stability: PVDC has good thermal stability, allowing it to endure processes such as sterilization and pasteurization.
Transparency and Flexibility: Films made from PVDC are clear and flexible, enabling visual inspection of packaged contents.
Adhesion: PVDC coatings adhere well to substrates like paper, aluminum, and other polymers, making it versatile in multilayer packaging.
The main market drivers include:
Sustainable Alternatives: Manufacturers are investing in developing PVDC variants with reduced environmental impact or alternative materials that replicate its barrier properties.
Nanotechnology Integration: Advances in nanotechnology are expected to enhance PVDC's performance, enabling thinner films with the same or better barrier capabilities.
Growth in Biodegradable and Multilayer Films: PVDC remains integral in multilayer films that combine biodegradable or recyclable materials to meet evolving regulatory and consumer demands.
At present, there are several production companies in the world polyvinylidene chloride (PVDC) industry. The main players are SK geo centric, Kureha, Syensqo (Solvay), Asahi Kasei and Zhejiang Juhua, etc. In 2023, SK geo centric is the world's largest polyvinylidene chloride producer, accounting for 25.32% of the global total sales. In the consumer market, due to the large demand for downstream applications, the United States and China are the main consumption areas. These two regions account for 60% of the global total consumption. In terms of its product category, PVDC can be divided into VDC-VC copolymer resin, VDC-MA copolymer resin, PVDC latex, etc. VDC-VC copolymer resin occupies the largest market share, accounting for more than 50%.
LP Information, Inc. (LPI) ' newest research report, the “PVDC Materials Industry Forecast” looks at past sales and reviews total world PVDC Materials sales in 2023, providing a comprehensive analysis by region and market sector of projected PVDC Materials sales for 2024 through 2030. With PVDC Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PVDC Materials industry.
This Insight Report provides a comprehensive analysis of the global PVDC Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PVDC Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PVDC Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PVDC Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PVDC Materials.
This report presents a comprehensive overview, market shares, and growth opportunities of PVDC Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
VDC-VC
VDC-MA
Others
Segmentation by Application:
Food Packaging
Pharmaceuticals Packaging
Sterilized Medical Packaging
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SK geo centric
Kureha
Syensqo (Solvay)
Asahi Kasei
Juhua Group
Nantong SKT
Keguan Polymer
Xinglu Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global PVDC Materials market?
What factors are driving PVDC Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PVDC Materials market opportunities vary by end market size?
How does PVDC Materials break out by Type, by Application?