PVDF Membrane Market Forecasts to 2028 – Global Analysis By Type (Hydrophilic, Hydrophobic and Other Types), Technology, Application, End User and By Geography

PVDF Membrane Market Forecasts to 2028 – Global Analysis By Type (Hydrophilic, Hydrophobic and Other Types), Technology, Application, End User and By Geography

According to Stratistics MRC, the Global PVDF Membrane Market is accounted for $613.6 million in 2022 and is expected to reach $1,117.1 million by 2028 growing at a CAGR of 10.5% during the forecast period. The rare polymeric substance polyvinylidene fluoride, often known as polyvinylidene difluoride (PVDF), belongs to the fluoropolymer family. It is a non-responsive, thermoplastic fluoropolymer made by polymerizing vinylidene difluoride. Polyvinylidene fluoride is a substance used in premium metal paints; it is a fine powder grade. Amazingly good sparkle and shading maintenance are features of these layer paints.

According to the India Brand Equity Foundation (IBEF), the Indian pharmaceutical market turnover was valued at USD 20.03 billion in 2019, with a growth rate of 9.8% yearly compared to the previous year.

Market Dynamics

Driver

Rising demand of high-quality pure water

The pharmaceutical industry has seen an increase in the demand for high-quality, pure water that is free of hazardous bacteria and germs, particularly for the cleaning and production of active pharmaceutical components, equipment rinsing, non-compendial waters, and laboratory waters. The market's growth rate is anticipated to be driven by the increasing use of polyvinylidene fluoride membrane in the pharmaceutical industry.

Restraint

Shortage of key raw materials

Among other applications, the production of lithium batteries, solar backplanes, and energy storage have all contributed to the development in PVDF demand. Because PVDF is more expensive than nitrocellulose, nitrocellulose is favoured for immunoblotting applications. The expansion of the market is being hampered by the ability of PTFE membranes to serve as a substitute for uses including membrane distillation and tensile structures.

Opportunity

Expansion and growth of water treatment industry

The demand for polyvinylidene fluoride (PVDF) membrane in the market has increased due to the expansion and growth of the water treatment sector. To put it another way, the polyvinylidene fluoride membrane is a crucial component of waste water management since it is utilised to filter, extract, and distil water. The increased demand for pure water in all sectors has a direct impact on the market's growth rate.

Threat

Fluctuating prices

Due to the capital-intensive nature of the membrane manufacturing, reasonable-priced PVDF membranes are not readily available. These membranes are expensive to produce and maintain, which has led to the development of more affordable alternatives. A significant barrier to the market's expansion is the fluctuating cost of polyvinylidene fluoride (PVDF) membrane raw materials and the high cost of production and maintenance.

Covid-19 Impact

Stakeholders in the industry have noticed a significant impact as a result of the pandemic because all factories, production lines, and other operations were shut down. The market was damaged by the closure of industrial facilities for many industries, including oil and gas, chemical, food and beverage, and others. The development of the PVDF Membrane market was hampered by the postponement of construction projects in both developing and established countries. But there were numerous issues with the PVDF membrane sector, including a lack of workers, a broken supply chain, and a scarcity of raw materials.

The ultrafiltration segment is expected to be the largest during the forecast period

The ultrafiltration segment is estimated to have a lucrative growth, due to its utilization. Ultrafiltration involves finely porous membranes to separate water and micro solutes from macromolecules and colloids. Additionally, it has uses in the wine and other beverage industries. It is used to filter water and get rid of organic impurities. Other uses include increasing wine concentrations, removing colour from juice fractions from heavy presses, removing bitter tannins from red grape varieties, and many more.

The biopharmaceutical segment is expected to have the highest CAGR during the forecast period

The biopharmaceutical segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its extensive use in filtration applications, such as drug filtration, venting, and acid analysis. PVDF membranes are ideal for applications involving exposure to corrosive environments and contact with gases, acids, solvents, and alkaline solutions due to their distinctive properties, such as chemical inertness, ability to withstand high temperatures, good mechanical properties, and high filtration efficiency.

Region with Largest share

North America is projected to hold the largest market share during the forecast period owing to the rising utilization in wastewater treatment plants and a budding food and beverage sector. Membranes made of polyvinylidene fluoride (PVDF) have been widely used in industrial processes. The biopharmaceutical industry is also well developed and has the infrastructure required to enable rapid technological advancement.

Region with highest CAGR

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to increasing chemical and pharmaceutical industries and growing awareness among people and industries to treat wastewater. The region is a desirable investment location for manufacturers due to the accessibility of inexpensive labour and raw materials as well as the expanding industrialization of the area. The market in this region will be driven by a number of reasons, including the growing population, urbanisation, and industrialization.

Key players in the market

Some of the key players profiled in the PVDF Membrane Market include Synder Filtration, Inc., General Electric, American Water Chemicals Inc., Arkema, GVS SpA, Koch Separation Solutions, Synder Filtration Inc, Pall Corporation, LG Electronics, Mitsubhishi Chemical Advanced Materials, 3M Company, Solvay S.A, CITIC Envirotech Ltd, Cobetter Filtration Equipment Co.,Ltd, Daikin Industries Ltd and King Lee Technologies.

Key Developments

In May 2022, GVS Filter Technology acquired 100% stake of the Italian Group Haemotronic, a leading supplier of advanced filtration solutions for highly critical applications and a specialized producer of components and bags for the medical sector with plants in Italy and Mexico.

In February 2021, Arkema announced further increasing its polyvinylidene difluoride (PVDF) production capacities at its Changshu site of China, due to the augmented demand for PVDF from the lithium-ion battery industries as well as water filtration, construction coatings and semiconductor industries.

Types Covered
• Hydrophilic
• Hydrophobic
• Other Types

Technologies Covered
• Ultrafiltration
• Nanofiltration
• Microfiltration
• Other Technologies

Applications Covered
• Separation
• Filtration
• Blotting
• Purification
• Other Applications

End Users Covered
• Food & Beverages
• Biopharmaceutical
• Industrial
• Other End Users

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements