The Latin America, Middle East and Africa PVDF Resin Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 13,603.57 Tonnes, showcasing a growth of 9.0% (2023-2030).
PVDF-coated fabrics find applications in the textile industry for outdoor applications such as awnings, tents, and canopies. The coatings provide waterproofing, weather resistance, and durability. Additionally, PVDF materials are used in filtration fabrics for applications with critical chemical resistance and filtration efficiency. PVDF is utilized in the oil and gas industry for various applications, including lining pipes and tanks.
Manufacturers and end-users are increasingly seeking eco-friendly solutions. Research and development efforts are directed towards developing biobased PVDF and improving the material’s recyclability. Sustainability considerations influence purchasing decisions, preferring materials with a lower environmental impact. Battery technology is evolving due to the increased demand for renewable energy storage systems and electric vehicles.
As per the International Trade Administration (ITA), the United Arab Emirates is among the world’s top ten oil producers in 2022. Approximately 96% of the nation’s estimated 100 billion barrels of known oil reserves are in Abu Dhabi, ranked sixth globally. On average, 3.2 million barrels of liquid and petroleum products are produced daily in the UAE. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA PVDF Resin Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $87.4 million by 2030. The Argentina market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.2% during (2023 - 2030).
Free Valuable Insights: The Worldwide PVDF Resin Market is Projected to reach USD 3.3 Billion by 2030, at a CAGR of 7.3%
Based on Type of Crystalline Phase, the market is segmented into Alpha, Beta, Gamma, and Delta. Based on End-user, the market is segmented into Chemical Processing, Building & Construction, Electrical & Electronics, Oil & Gas, Automotive, and Others. Based on Application, the market is segmented into Li-ion Batteries, Films & Sheets, Pipes & Fittings, Coatings, Membranes, Wire & Cable, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type of Crystalline Phase
By End-user (Volume, Tonnes, USD Billion, 2019-2030)
By Application (Volume, Tonnes, USD Billion, 2019-2030)
By Country (Volume, Tonnes, USD Billion, 2019-2030)
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