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  • Algeria

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    What is to be made of the Cranes fans expecting Algeria to field a … – Monitor

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    VESCO Algeria Signs Two MOUs with Elite Capital & Co. to Finance Two Dairy Farm and Greenhouse Projects – EIN News

    ChatGPT app for iPhone now available in India; how to download, features and more – Business Today

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    UBS considers delaying results after Credit Suisse rescue – FT – Yahoo Canada Finance

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    Google celebrates life of Saudi novelist and critic Abdul Rahman … – Arabian Business

    Ministry of Transport plans to develop Libya-Tunisia Ras Jedir … – Libya Update

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      The 10 fastest high-speed trains in the world – Railway Technology

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      FVC to Showcase Latest Technology Offerings at GITEX Africa 2023 – ZAWYA

      Amir Ohana To Visit Morocco In Early June, A First For Israel's … – i24NEWS

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        As Sudan war rages, country's health system nears breaking point – ABC News

        Sudan: Clashes between SAF and RSF – Flash Update No. 14 (28 … – ReliefWeb

        Sudan's army says it is committed to seven-day ceasefire mediated … – The National

        COLUMN: Sudan at war; refugees at our door | Pius Kamau – Colorado Springs Gazette

        Eritrea accused of forcibly repatriating civilians caught up in Sudan fighting – The Guardian

        Mass exodus from Sudan as deadly fighting enters third week – FRANCE 24 English

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          Sudan fighters take over Khartoum museum raising fears for safety … – Arab News

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          US, Saudi Arabia urge Sudan's warring parties to agree to a new cease-fire, fighting continues – The San Diego Union-Tribune

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            EBRD First Vice President visits Tunisia – EBRD

            Conservatives call out multinational corporations for supporting pride month in America, but not Middle East – Fox Business

            Tax the wealthiest to avoid IMF, says Tunisia’s president – Al Jazeera English

            Aberdeen linked with Ipswich Town midfielder and Tunisia international Idris El Mizouni – Aberdeen Live

            Tunisia carry Arab hopes into knock-out stages of 2023 FIFA U-20 … – Arab News

            Kenya's 'Kahawa Black,' Uganda's 'Big three' set for SA's Durban FilmMart – The East African

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              ملتقى الاستثمار السنوي 2023 يناقش دور التكنولوجيا الرقمية في تصميم مدن المستقبل

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              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

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                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

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                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

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                Global Project Management Forum kicks off Monday, June 12

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                  • Algeria

                    France-Algeria relations: Colonial past still dominates ties – DW (English)

                    What is to be made of the Cranes fans expecting Algeria to field a … – Monitor

                    Hungarian Town Worries New EV Battery Plant Will Destroy Water … – International Environmental Technology

                    Aviation's worst: Nigeria, Bangladesh, Algeria, Pakistan, Lebanon – eTurboNews | eTN

                    VESCO Algeria Signs Two MOUs with Elite Capital & Co. to Finance Two Dairy Farm and Greenhouse Projects – EIN News

                    ChatGPT app for iPhone now available in India; how to download, features and more – Business Today

                  • Egypt

                    Egypt approves local initiatives to convert vehicles to run on … – Ahram Online

                    Fawry signs agreement with WFP for cutting-edge multi-purpose cash-assistance platform in Egypt – ZAWYA

                    ‘You were a ray of sunlight’: 3 IDF troops killed in Egypt border shooting buried – The Times of Israel

                    Egypt to increase FY 2023/24 healthcare spending by 15 percent … – Ahram Online

                    Amadeus Egypt, NSAS team up to boost travel sector in Middle East – ZAWYA

                    Communications Ministry cooperates with GIZ in e-government … – Daily News Egypt

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                    • Commentary
                    • Featured
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                  • Libya

                    LIBYA : TotalEnergies sparks tensions by choosing Basalt as its … – Africa Intelligence

                    Libya: Officials impose indefinite 20:00-06:00 curfew in Tobruk … – Crisis24

                    UBS considers delaying results after Credit Suisse rescue – FT – Yahoo Canada Finance

                    Eastern Libya forces stage mass deportation of Egyptian migrants – Reuters.com

                    Google celebrates life of Saudi novelist and critic Abdul Rahman … – Arabian Business

                    Ministry of Transport plans to develop Libya-Tunisia Ras Jedir … – Libya Update

                    Trending Tags

                    • Morocco

                      The 10 fastest high-speed trains in the world – Railway Technology

                      Morocco's King, After Long Trips Abroad, Works To 'Restore Authority' – Barron's

                      Morocco – ancient and seaside holiday cities, architectural wonders … – Budapest Times

                      Jill Biden Expresses Gratitude to Morocco's Royal Family for Warm … – Morocco World News

                      FVC to Showcase Latest Technology Offerings at GITEX Africa 2023 – ZAWYA

                      Amir Ohana To Visit Morocco In Early June, A First For Israel's … – i24NEWS

                      Trending Tags

                      • South Sudan

                        As Sudan war rages, country's health system nears breaking point – ABC News

                        Sudan: Clashes between SAF and RSF – Flash Update No. 14 (28 … – ReliefWeb

                        Sudan's army says it is committed to seven-day ceasefire mediated … – The National

                        COLUMN: Sudan at war; refugees at our door | Pius Kamau – Colorado Springs Gazette

                        Eritrea accused of forcibly repatriating civilians caught up in Sudan fighting – The Guardian

                        Mass exodus from Sudan as deadly fighting enters third week – FRANCE 24 English

                        Trending Tags

                        • Sudan

                          Sudan fighters take over Khartoum museum raising fears for safety … – Arab News

                          Saudi foreign ministry calls on Sudan factions to agree new ceasefire – Reuters

                          Sudan Country Refugee Response Plan Addendum, January … – ReliefWeb

                          US, Saudi Arabia urge Sudan's warring parties to agree to a new cease-fire, fighting continues – The San Diego Union-Tribune

                          Sudan: How the generals disappeared the people on the way to the … – African Arguments

                          RSF advisor: 'Hemedti is alive and is leading the battle in Sudan … – Radio Dabanga

                          Trending Tags

                          • Tunisia

                            EBRD First Vice President visits Tunisia – EBRD

                            Conservatives call out multinational corporations for supporting pride month in America, but not Middle East – Fox Business

                            Tax the wealthiest to avoid IMF, says Tunisia’s president – Al Jazeera English

                            Aberdeen linked with Ipswich Town midfielder and Tunisia international Idris El Mizouni – Aberdeen Live

                            Tunisia carry Arab hopes into knock-out stages of 2023 FIFA U-20 … – Arab News

                            Kenya's 'Kahawa Black,' Uganda's 'Big three' set for SA's Durban FilmMart – The East African

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                            • North Africa
                              ملتقى الاستثمار السنوي 2023 يناقش دور التكنولوجيا الرقمية في تصميم مدن المستقبل

                              Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

                              Trending Tags

                              • Middle east
                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                CamScanner Enhances User Experience in Middle East with Free 30-Day Premium Membership Offer

                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                Global Project Management Forum kicks off Monday, June 12

                                Global Project Management Forum kicks off Monday, June 12

                                Global Project Management Forum kicks off Monday, June 12

                                انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

                                استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

                                استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

                                الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

                                الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

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                                  Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

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                                  Home Press Releases

                                  Waterborne PVDF Resins Market Size Forecast to Reach $447.2 Million by 2026

                                  admin by admin
                                  February 5, 2022
                                  in Press Releases
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                                  (EMAILWIRE.COM, January 31, 2022 ) Waterborne PVDF resins market size is forecast to reach US$447.2 million by 2026, after growing at a CAGR of 7.9% during 2021-2026. Waterborne PVDF resins have gained significant traction and recognition globally predominantly due to the low environmental impact of these resins when compared with other resins such as acrylic urethane, thermoplastic fluoropolymer, polytetrafluoroethylenex, polyvinylidene chloride, and epoxy, which helps in attaining improved environmental condition. The waterborne PVDF resins market is anticipated to grow significantly over the forecast period owing to increasing demand from end-use industries such as construction, automotive, marine, aerospace, and more. These coatings are widely preferred in these end-use industries owing to properties such as 80% water content and low VOC emissions. The waterborne PVDF resins market is primarily driven by an increase in demand for waterborne PVDF resins in the construction sector around the world. Furthermore, the rapid growth of the automotive and aerospace industry has also increased its demand; thereby, fueling the waterborne PVDF resins industry growth during the forecast period.

                                  COVID-19 Impact

                                  All the building and construction activities were largely affected due to the Covid-19 pandemic. As lockdown was imposed across the world due to the covid-19 outbreak, noticeably there was a reduction in investment in the construction of buildings, which led to an overall reduction in the waterborne PVDF resins demand. For instance, according to Statistics Canada, the total investment in building construction declined for a third consecutive month, edging down 0.1% to US$15.3 billion in November. In the United States, the privately-owned housing starts in June 2020 were at a seasonally adjusted annual rate of 1,186,000, which is 4.0 percent below the June 2019 rate of 1,235,000, according to the US Census Bureau. The new orders as well as the existing construction projects faced issues such as late delivery of raw materials, increase in import-export tariff, and more, which heavily affected the market growth during the pandemic. However, the market outlook for the future is in a better scenario as governments are taking initiatives to build more buildings to spur the economic condition of countries. For instance, the Government of Canada will also provide US$236.7 million through Reaching Home: Canada’s Homelessness Strategy to help extend and expand the emergency response to the COVID-19 outbreak. Thus, the market outlook for the waterborne PVDF in long term is set to gain its momentum back.

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                                  Waterborne PVDF Resins Market Segment Analysis – By Application

                                  The paints & coatings segment held a significant share in the waterborne PVDF resins market in 2020 and is growing at a CAGR of 8.9% during 2021-2026. The primary features of waterborne PVDF resin-based paints and coatings are its ability to offer an extremely high solar reflectance, which is retained longer than conventional paints & coatings. Whereas other coatings based on resins such as acrylic urethane, thermoplastic fluoropolymer, polytetrafluoroethylenex, polyvinylidene chloride, and epoxy are relegated to factory application on metal due to the high cure temperatures, water-based PVDF coatings can be factory or field applied to a wide variety of substrates, such as metal, thermoplastic polyolefin (TPO), polyvinyl chloride (PVC), ethylene propylene diene monomer (EPDM), spray polyurethane foam (SPF), fiber cement and more, to enhance the performance or extend their useful lives. Paints & coatings made with waterborne PVDF resins offer advantages such as superior long-term color and gloss retention, superior resistance to chalking, outstanding resistance to dirt pick-up and stain, and more. All these advantages associated with waterborne PVDF resins are the major factor driving its demand for manufacturing paints and coatings.

                                  Waterborne PVDF Resins Market Segment Analysis – By End-Use Industry

                                  The building and construction segment held the largest share in the waterborne PVDF resins market in 2020 and is growing at a CAGR of 7.1% during 2021-2026. An excellent application for water-based PVDF paints and coatings are metal restoration, in particular, metal roofing and walls. Paints & coatings made with waterborne PVDF resins offer advantages such as excellent resistance to algae and fungal growth, excellent resistance to abrasion, superior retention of high solar reflectance and thermal emittance, and more. In addition to the above attributes, waterborne PVDF paints and coatings have excellent color stability and diversity in vibrant colors that make the product the main choice for architects and building owners in the roof and wall restoration market. Moreover, coating application of waterborne PVDF paints and coatings is practical, sustainable, and economical when compared to other coating types of metal roofing such as acrylic urethane, thermoplastic fluoropolymer, polytetrafluoroethylenex, polyvinylidene chloride, and epoxy, which makes it a sustainable product as part of green building practice. Thus, owing to these extensive advantages of waterborne PVDF resins are being extensively utilized in the building and construction sector.

                                  Waterborne PVDF Resins Market Segment Analysis – By Geography

                                  North America region held the largest share in the waterborne PVDF resins market in 2020 up to 29.1%, owing to the flourishing building and construction activities, which is accelerating the demand for waterborne PVDF resins in the region. The North American construction sector is flourishing for instance, in April 2021, spending on private construction in the United States was at a seasonally adjusted annual rate of US$1,180.7 billion, 0.4 percent above the revised March estimate of US$1,175.4 billion. Residential construction was at a seasonally adjusted annual rate of US$729.2 billion in April, 1.0 percent above the revised March estimate of US$721.8 billion. North American governments are also striving to expand their construction sector. For instance, in November 2017, the National Housing Strategy (NHS), an ambitious 10-year was launched with an investment of US$40 billion to remove 530,000 families from housing need and reduce chronic homelessness by 50%, which will boost the residential sector in Canada till 2027. In September 2020, the Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced a $1 billion Rapid Housing Initiative (RHI) to help address urgent housing needs in Canada. And it is anticipated that the flourishing construction sector in the region is propelling the demand for waterborne PVDF resins in the North American region.

                                  Waterborne PVDF Resins Market Drivers

                                  Expanding Automotive and Aerospace Sector

                                  Waterborne PVDF resins are used to manufacture paints & coatings, films, lithium-ion batteries are extensively utilized in the automotive and aerospace industry. The production of automobiles and aircraft is increasing globally. For instance, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA), the production of light commercial vehicles increased from 55,896 in 2019 to 57,362 in 2020 in Taiwan, an increase of 2.6%. The production of passenger cars in Africa was 776,967 in 2018, which then rose to 787,287 in 2019, an increase of 1.3%. According to the Japan Automobile Manufacturers Association (JAMA), in 2019, the production of cars increased from 6,67,462 in October to 6,90,311 in November in Japan. According to Boeing’s current business forecast, the Middle East would need 2,520 new aircraft by 2030. Also, according to Boeing India is expected to drive the demand for 2,300 aircrafts worth US$320 billion over the next 20 years. With the rise in automotive and aircraft production, demand for waterborne PVDF resins is expected to rise significantly, propelling the industry growth in various regions.

                                  Rising Investments in the Green Building Projects

                                  Replacing the existing solvent paints and coatings based on acrylic urethane, thermoplastic fluoropolymer, polytetrafluoroethylenex, polyvinylidene chloride, and epoxy with waterborne PVDF resins can improve the energy efficiency of the building, reduce the monthly bills and decrease the size of the carbon footprint, owing to its low VOC content. According to the European Bank for Reconstruction and Development, to reach minimum targets defined in the Paris Agreement, rates of basic green renovations of existing buildings globally must reach 6 to 8 percent by 2040. However, these countries are far behind renovation targets: only 1 percent of existing buildings have been renovated to meet minimum standards which means that in the coming year there will be an increase in the construction of energy-efficient buildings. Furthermore, according to the Indian Green Building Council (IGBC), India will have one lakh green buildings by 2025. According to the Canada Green Building Council (CaGBC), the green building sector in Canada can contribute USD150 billion to GDP by 2030 thus reducing greenhouse gas emissions (GHG) by 53 megatons compared to 2018. Thus, it is evident that there is an upsurge in the green building projects investment in various regions, owing to which there is an increasing demand for sustainable paint and coating options, which is driving the market growth of waterborne PVDF resins.

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                                  Waterborne PVDF Resins Market Challenges

                                  High Cost and Low Performance of Water-based PVDF Resins

                                  Solvent-based PVDF resins have one major advantage over water-based PVDF resins i.e. during the curing phase; they are less vulnerable to environmental conditions, such as temperature and humidity. Humidity can prevent the evaporation of water in a water-based PVDF coating, making it impractical in some climates. Hence, solvent-based PVDF resins are preferred for applications in humid environments that don’t allow water-based PVDF resins to cure properly. Also, solvent-based PVDF resins are typically more resilient than water-based resins during the curing of the coating. Besides, the capital cost and fixed cost associated with changing the technology from solvent-based to water-based are high. Hence, many small-scale manufacturers in emerging regions are still using solvent-based PVDF resins. All these factors are restraining the water-based PVDF resins market growth during the forecast period.

                                  Waterborne PVDF Resins Market Landscape

                                  Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the waterborne PVDF resins market. Waterborne PVDF resins market top companies are Kureha Corporation, Koninklijke DSM NV, The Valspar Corporation, PPG Industries Inc., AkzoNobel N.V., Arkema Inc., Solvay S.A., BASF SE, Hammond Group Inc., Sherwin Williams Company, AGC Chemicals Americas, Inc., and Kansai Paint Company Limited.

                                  Key Takeaways

                                  North America dominates the waterborne PVDF resins market, owing to the expanding construction industry in the region. For instance, according to the US Census Bureau, privately-owned housing starts in November 2020 were at a seasonally adjusted annual rate of 1,547,000. This is 1.2 percent above the revised October estimate of 1,528,000.

                                  The rising demand for waterborne paints and coatings, as well as its growing use in the building and construction industry, will most certainly provide waterborne PVDF resins manufacturers with several opportunities in the future.

                                  The developing industrial and municipal water treatment industry, along with the rising water demand, is likely to provide profitable prospects for waterborne PVDF resins market players.

                                  Furthermore, energy-efficient green buildings have gained huge adoption in the building and construction industry, which is further increasing the demand for waterborne PVDF resins due to their low VOC content.

                                  Related Reports:

                                  A. Waterborne Epoxy Resin Market

                                  https://www.industryarc.com/Research/Waterborne-Epoxy-Resin-Market-Research-500242

                                  B. Waterborne Coatings Market

                                  https://www.industryarc.com/Report/16410/waterborne-coatings-market.html

                                  For more Chemicals and Materials Market related reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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                                  يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                  يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                  June 9, 2023
                                  Global Project Management Forum kicks off Monday, June 12

                                  Global Project Management Forum kicks off Monday, June 12

                                  June 7, 2023
                                  Global Project Management Forum kicks off Monday, June 12

                                  انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

                                  June 7, 2023

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                                  • CamScanner Enhances User Experience in Middle East with Free 30-Day Premium Membership Offer
                                  • يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما
                                  • Global Project Management Forum kicks off Monday, June 12
                                  • انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

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