The Global PVDF Binders for Lithium Battery Cathode Market was valued at US$ 1.52 Billion in 2023 and is projected to reach US$ 3.24 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period (2024–2030). This robust growth is primarily driven by the exponential expansion of the electric vehicle (EV) industry, surging demand for high-performance energy storage systems, and continuous advancements in battery technology that require superior electrode binding materials.

As the world shifts towards electrification and renewable energy, the performance and longevity of lithium-ion batteries have become paramount. At the heart of these batteries lies a critical, yet often overlooked, component: the binder. Polyvinylidene Fluoride (PVDF) binders are essential for holding the active cathode materials together, ensuring structural integrity, ionic conductivity, and long-term stability. In this blog, we profile the Top 10 Companies in the PVDF Binders for Lithium Battery Cathode Industry—a group of chemical giants and specialized material suppliers shaping the future of energy storage.

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PVDF Binders for Lithium Battery Cathode Market – View in Detailed Research Report

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🔟 1. SOLVAY

Headquarters: Brussels, Belgium
Key Offering: Solef® PVDF Binders for Li-ion Battery Cathodes

SOLVAY is a global leader in advanced materials and a dominant force in the PVDF binder market. Its Solef® PVDF range is specifically engineered for lithium-ion battery electrodes, offering excellent binding strength, electrochemical stability, and compatibility with NMC, LFP, and NCA cathode chemistries.

Innovation and Market Initiatives:

• Extensive R&D in high-performance PVDF grades for next-generation batteries

• Strategic partnerships with major battery manufacturers and automotive OEMs

• Commitment to sustainability with a focus on developing more environmentally friendly production processes

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9️⃣ 2. Arkema

Headquarters: Colombes, France
Key Offering: Kynar® PVDF Binders for Batteries

Arkema’s Kynar® PVDF is a benchmark material in the lithium-ion battery industry, renowned for its purity, consistency, and superior performance. The company is a key supplier to the global battery value chain, supporting the production of EVs, consumer electronics, and grid storage solutions.

Innovation and Market Initiatives:

• Significant capacity expansions in Asia and Europe to meet soaring demand

• Development of specialized PVDF grades for silicon-anode and solid-state batteries

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8️⃣ 3. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: KF Polymer® PVDF Binders

Kureha Corporation is a leading Japanese chemical company with a strong foothold in the PVDF binder market. Its high-quality KF Polymer® binders are critical for ensuring the durability and efficiency of lithium-ion batteries used by top-tier Japanese and Korean battery makers.

Innovation and Market Initiatives:

• Focus on producing high-purity PVDF tailored for ultra-high-energy-density batteries

• Investment in circular economy principles for fluoropolymer production

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7️⃣ 4. Zhejiang Fluorine Chemical Co., Ltd. (Zhejiang Juhua)

Headquarters: Quzhou, Zhejiang, China
Key Offering: PVDF Binders for Power and Energy Storage Batteries

As a major Chinese fluorochemical producer, Zhejiang Juhua is a critical supplier of PVDF binders to the domestic battery industry. The company plays a vital role in supporting China’s position as the world’s largest producer of lithium-ion batteries.

Innovation and Market Initiatives:

• Rapid scaling of production capacity to cater to the booming Chinese EV market

• Cost-competitive manufacturing, making PVDF accessible for mass-market applications

Download FREE Sample Report:
PVDF Binders for Lithium Battery Cathode Market – View in Detailed Research Report

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6️⃣ 5. 3F New Materials Co., Ltd.

Headquarters: Shanghai, China
Key Offering: PVDF Resins for Li-ion Cathode Electrodes

3F New Materials is a significant Chinese player specializing in fluoropolymer products, including PVDF for battery binders. The company supplies a substantial portion of the PVDF consumed within China’s vast battery manufacturing ecosystem.

Innovation and Market Initiatives:

• Strong vertical integration within the fluorochemical supply chain

• Focus on developing binders optimized for lithium iron phosphate (LFP) cathodes

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5️⃣ 6. Shanghuaxin (Hua An New Materials)

Headquarters: Zhejiang, China
Key Offering: PVDF Binder Materials

Hua An New Materials (often referred to as Shanghuaxin) is a key domestic supplier in China’s PVDF market. The company has been actively expanding its production to keep pace with the explosive growth of the domestic EV and battery sector.

Innovation and Market Initiatives:

• Strategic positioning within China’s industrial clusters for batteries and new energy vehicles

• Investment in technology to improve the adhesion and dispersion properties of its binders

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4️⃣ 7. Sinochem Lantian Fluoro Materials Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: PVDF for Cathode Binding Applications

Sinochem Lantian, part of the state-owned Sinochem Group, is a major producer of fluorinated materials. The company leverages its strong backing and technical expertise to supply PVDF binders to the rapidly growing Asian battery market.

Innovation and Market Initiatives:

• Integration with a large-scale fluorochemical production base

• Focus on meeting the stringent quality requirements of leading battery cell manufacturers

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3️⃣ 8. Dongyue Group Ltd.

Headquarters: Shandong, China
Key Offering: PVDF Resins

Dongyue Group is one of China’s largest fluorosilicone industrial bases and a significant producer of PVDF. The company’s materials are used across various industries, with a growing segment dedicated to serving the lithium-ion battery market.

Innovation and Market Initiatives:

• Comprehensive R&D capabilities in organic fluorine materials

• Large-scale production capacity ensuring a stable supply for the battery industry

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2️⃣ 9. Shandong Huaxia Shenzhou New Material Co., Ltd.

Headquarters: Shandong, China
Key Offering: Specialty PVDF for Batteries

Shandong Huaxia Shenzhou is a specialized manufacturer focusing on new fluoropolymer materials. The company has carved out a niche by providing PVDF binders tailored to the specific needs of emerging battery technologies.

Innovation and Market Initiatives:

• Agile development of custom PVDF solutions for battery R&D labs and manufacturers

• Emphasis on technical service and customer support

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1️⃣ 10. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Polyflon™ PVDF

Daikin, a global leader in air conditioning and fluorochemicals, is also a notable supplier of PVDF materials. While historically focused on other applications, the company is increasingly targeting the high-growth battery binder market with its Polyflon™ PVDF products.

Innovation and Market Initiatives:

• Leveraging decades of expertise in fluoropolymer chemistry for battery applications

• Exploring sustainable fluorocarbon technologies for future battery materials

Get Full Report Here:
PVDF Binders for Lithium Battery Cathode Market – View in Detailed Research Report

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🔋 Outlook: The Future of PVDF Binders Is High-Performance and Sustainable

The PVDF binders market is experiencing a transformative phase. While traditional PVDF remains the industry standard, the push for higher energy density, faster charging, and improved sustainability is driving significant innovation.

📈 Key Trends Shaping the Market:

• Capacity Expansion: Global players are aggressively expanding PVDF production to alleviate supply constraints and meet EV battery demand.

• Application-Specific Formulations: Development of specialized PVDF grades for different cathode chemistries (NMC, LFP, etc.) and next-gen batteries (solid-state, silicon-anode).

• Sustainability and Recycling: Increased focus on developing bio-based or more easily recyclable binders to reduce the environmental footprint of batteries.

• Supply Chain Localization: Efforts to establish PVDF production facilities closer to major battery gigafactories in North America and Europe to ensure supply security.

Get Full Report Here:
PVDF Binders for Lithium Battery Cathode Market – View in Detailed Research Report

The companies listed above are not only supplying a crucial material for today’s batteries—they are actively developing the advanced binders that will power the next generation of electric mobility and clean energy storage.