The market demand for photovoltaic grade PVDF continues to grow, and my country’s market has broad room for development.

Polyvinylidene fluoride (PVDF) is a white powdery crystalline polymer formed by free radical polymerization of 1,1-difluoroethylene (VDF) monomer. PVDF has excellent thermoelectric properties, weather resistance, chemical corrosion resistance, oxidation resistance, etc., and is widely used in photovoltaics, coatings, electronic appliances, chemical equipment and other fields. In the photovoltaic industry, PVDF is mainly used as the outermost material of photovoltaic backsheets to reduce the impact of external environmental changes on photovoltaic backsheets and keep photovoltaic cells in optimal condition.

According to the “2022-2026 China Photovoltaic Grade PVDF Industry Market Monitoring and Future Development Prospects Research Report released by the Industrial Research Center , Photovoltaic-grade PVDF is a high-end product with high product performance requirements. In recent years, thanks to the rapid development of the photovoltaic industry, the market demand for photovoltaic-grade PVDF has increased, and the scale of the industry has continued to expand. In 2021, the global photovoltaic-grade PVDF market revenue will exceed US$170 million. The global photovoltaic market is currently in a growth stage, and the photovoltaic-grade PVDF market has broad development space. It is expected that from 2022 to 2026, the global photovoltaic-grade PVDF market will maintain an average annual growth rate of more than 8.0%. Growth at a compound rate.

Compared with ordinary PVDF, the photovoltaic-grade PVDF industry has high industry barriers and long certification cycles. Due to production technology limitations, the growth rate of my country’s photovoltaic-grade PVDF production capacity is lower than the demand growth rate, and the photovoltaic-grade PVDF market supply is increasingly insufficient. According to different types, photovoltaic-grade PVDF can be divided into PVDF powder and PVDF granules. PVDF powder is the mainstream product in the market, accounting for nearly 80% of the market.

Globally, my country is the largest photovoltaic market, and the consumption scale of photovoltaic-grade PVDF also ranks first in the world. In 2021, my country will account for approximately 50% of the global photovoltaic-grade PVDF market. Europe is the world’s second largest photovoltaic grade PVDF market, with Germany, France, and Russia being the main participating countries; North America is the world’s third largest photovoltaic grade PVDF market, with the United States and Canada being the main participating countries.

The global photovoltaic-grade PVDF market is highly concentrated. European and American companies occupy an important share of the global photovoltaic-grade PVDF market by virtue of their advantages in technology, first mover, quality, and brand, such as Solvay, Arkema, Kureha Chemical, Solvay, etc. Domestic The competitiveness of enterprises such as Sinochem Blue Sky, Dongyue Group, Huayi Sanaifu, Zhejiang Juhua, Ruyuan Dongyangguang, etc. is constantly improving. In the short term, the competition pattern of the photovoltaic grade PVDF market will not change much, but in the long term, with the increase in the number of companies involved, the photovoltaic grade PVDF market competition will become more intense, especially in the Chinese market.

Industry analysts said that due to high production technology requirements and high concentration of the global photovoltaic-grade PVDF market, foreign companies occupy the majority of the market share. my country is the world’s largest photovoltaic market, and the market demand for photovoltaic-grade PVDF is vast. In the future, my country’s photovoltaic-grade PVDF market will maintain a growth rate higher than the global average. At the same time, under the general trend of domestic substitution, the competitiveness of domestic photovoltaic-grade PVDF will be enhanced. .