Research Methodology on Polyvinylidene Fluoride Market
Introduction
Polyvinylidene fluoride (PVDF) is a speciality thermoplastic, which is highly inert to chemical and environmental attack and exhibits superior mechanical and electrical properties than other thermoplastics. PVDF is produced by the polymerization of vinylidene fluoride and other copolymers of hexafluoropropylene and tetrafluoroethylene. It is broadly used in highly aggressive and corrosive chemical processing applications due to its high chemical and thermal properties. PVDF is used in pipe or tubing lubricated or lined with fill materials. It is extensively employed in industrial and consumer applications such as linings for chemical processing plants, motors, aviation fuel, electronics and filtration systems, among others. The PVDF market is projected to grow at a significant rate in the forecast period of 2023-2030 due to its extensive use in various industrial applications.
Research Methodology
The research methodology used for this report is a mix of primary and secondary sources. The primary sources include interviews with major market participants such as raw material suppliers, polymer producers, processors and end-users. The secondary sources include industry reports, annual reports of industry participants, product and company literature, industry associations, associations related to the polymer market, and the World Trade Organisation.
Data Collection and Analysis
The data collected for this research report is based on three main sources: primary, secondary and expert knowledge. Primary data is collected through industry and association interviews, involving market participants such as raw material suppliers, polymer producers, processors and end-users. This is complemented by secondary sources such as industry reports, annual reports of industry participants and product and company literature.
The secondary data sources are further corroborated by expert opinions gathered from knowledgeable professionals in the industry. The final data set is then validated and cross-checked to ensure the accuracy and reliability of the final dataset.
The primary and secondary information are analysed using the following methods:
- Industry Trends: To identify the overall industry trends in the global PVDF market, the report analyses the raw material, production, demand and technologies.
- Porter’s Five Forces Model: To understand the market dynamics, the report analysed the bargaining power of suppliers, bargaining power of buyers, threats of substitutes, threats of new entrants and the intensity of competition in the global PVDF market.
- Market Forecasts and Trends: To forecast the growth of the global PVDF market, the report used historical and current data, and the report also analysed future market trends and projections in the forecasted period 2023-2030.
- PESTLE Analysis: To identify the macro-environmental factors influencing the global PVDF market, the report analysed the Political, Economic, Social, Technological, Legal and Environmental factors.
- Competitive Analysis: The report also analyses the competitive strategies of the major players in the global PVDF market and the trends in product innovation.
Data Validation and Triangulation
To ensure the accuracy and reliability of the data collected, the primary and secondary sources are cross-validated and triangulated. The data collected is also checked with industry trends and future market projections to validate and cross-check the accuracy of the data.
