The Global PVDF Binders for Lithium Battery Cathode Market was valued at USD 950 Million in 2025 and is projected to reach USD 2,100 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period (2025–2032). This remarkable growth is fueled by the global surge in electric vehicle (EV) production, the expansion of renewable energy storage systems, and the continuous advancement of battery technologies demanding high-performance materials.

As the electrification of transportation and energy accelerates, PVDF (Polyvinylidene Fluoride) binders have emerged as a critical component, ensuring the structural integrity, longevity, and safety of lithium-ion battery cathodes. In this blog, we profile the Top 10 Companies in the PVDF Binders for Lithium Battery Cathode Industry—a group of specialized chemical giants and innovative material producers shaping the future of energy storage.

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🔟 1. SOLVAY

Headquarters: Brussels, Belgium
Key Offering: Solef® PVDF Binders for Lithium-Ion Batteries

SOLVAY is a global leader in advanced materials and a pioneer in fluoropolymer chemistry. Its Solef® PVDF binders are widely recognized for their exceptional purity, consistent quality, and superior performance in high-energy-density battery cathodes. The company serves major battery manufacturers worldwide, providing binders that enable longer cycle life and enhanced safety.

Innovation and Sustainability Initiatives:

• Continuous R&D focused on high-adhesion and conductive PVDF binder formulations

• Commitment to sustainable manufacturing processes and circular economy principles

• Strategic partnerships with leading EV and battery producers to co-develop next-generation solutions

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

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9️⃣ 2. Arkema

Headquarters: Colombes, France
Key Offering: Kynar® PVDF Homo- and Co-polymers for Battery Applications

Arkema is a major force in the PVDF binders market, with its Kynar® brand being synonymous with reliability and high performance. The company has made significant investments to expand its PVDF production capacity, specifically targeting the lithium-ion battery sector. Arkema’s binders are crucial for achieving excellent electrode adhesion and electrochemical stability.

Innovation and Sustainability Initiatives:

• Major capacity expansion projects in Asia and Europe to meet soaring demand

• Development of specialized PVDF grades for silicon-anode and high-nickel cathode batteries

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8️⃣ 3. Kureha Corporation

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

Kureha Corporation is a Japanese chemical company with a long history and deep expertise in PVDF production. Its KF Polymer® binders are known for their high binding strength and thermal stability, making them a preferred choice for demanding battery applications. Kureha maintains a strong presence in the Asian market, which is the epicenter of battery manufacturing.

Innovation and Sustainability Initiatives:

• Focus on producing high-molecular-weight PVDF for enhanced mechanical properties

• Investment in recycling technologies for fluoropolymers to support sustainability goals

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7️⃣ 4. 3F New Materials

Headquarters: Shanghai, China
Key Offering: Full range of PVDF Binder products for Lithium Batteries

3F New Materials is one of China’s leading fluorochemical producers and a key supplier of PVDF binders to the domestic and international battery industry. The company benefits from its integrated supply chain and cost-competitive position, playing a vital role in supplying the massive Chinese battery market.

Innovation and Sustainability Initiatives:

• Rapid scaling of production capacity to align with China’s dominant EV and ESS markets

• Development of customized binder solutions for local battery manufacturers

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

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6️⃣ 5. Zhejiang Juhua

Headquarters: Quzhou, Zhejiang, China
Key Offering: Juhua PVDF Binders for Cathode Electrodes

Zhejiang Juhua is a significant Chinese state-owned enterprise with a strong foothold in the fluorochemical industry. The company produces a variety of PVDF grades suitable for lithium battery cathodes, leveraging its extensive experience in fluorine chemistry. It is a crucial domestic supplier supporting China’s ambition to lead the global battery supply chain.

Innovation and Sustainability Initiatives:

• Investment in new production lines to reduce reliance on imported high-end binders

• Focus on improving product consistency and performance for premium battery applications

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5️⃣ 6. Sinochem Lantian Fluoro Materials

Headquarters: Jiaozuo, Henan, China
Key Offering: PVDF Resins for Energy Storage

Sinochem Lantian Fluoro Materials, part of the Sinochem Group, is a key player in China’s fluoropolymer market. The company produces PVDF binders that cater to the growing needs of the power battery and energy storage sectors, contributing to the localization of critical battery materials.

Innovation and Sustainability Initiatives:

• Strategic focus on supplying the domestic new energy vehicle industry

• Exploration of water-based binder systems to reduce solvent use in electrode manufacturing

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4️⃣ 7. Dongyue Group

Headquarters: Zibo, Shandong, China
Key Offering: PVDF for Lithium-Ion Battery Applications

Dongyue Group is a comprehensive chemical company in China with a significant presence in the organic fluorine and silicon industries. Its PVDF products are used by numerous battery makers, and the company is actively expanding its footprint to capture a larger share of the booming market.

Innovation and Sustainability Initiatives:

• Continuous capacity expansion to keep pace with market demand

• Research into copolymer PVDF for improved flexibility and adhesion

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3️⃣ 8. Shandong Huaxia Shenzhou New Materials

Headquarters: Zibo, Shandong, China
Key Offering: Specialty PVDF Binders

Shandong Huaxia Shenzhou New Materials is an emerging specialist in the PVDF market, focusing on producing high-quality binders for advanced lithium batteries. The company aims to differentiate itself through technical service and product customization for its clients.

Innovation and Sustainability Initiatives:

• Focus on niche applications and tailored solutions for specific cathode chemistries

• Investment in pilot-scale production for rapid prototyping and testing

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2️⃣ 9. Daikin Industries

Headquarters: Osaka, Japan
Key Offering: Polyflon™ PVDF

While primarily known for its air conditioning systems, Daikin Industries is also a respected global producer of fluorochemicals, including PVDF. The company’s technical expertise in polymer science allows it to offer high-performance binders that meet the stringent requirements of top-tier battery manufacturers.

Innovation and Sustainability Initiatives:

• Leveraging core fluoropolymer technology for battery material innovation

• Commitment to developing environmentally friendly manufacturing processes

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1️⃣ 10. AGC Chemicals

Headquarters: Tokyo, Japan
Key Offering: Fluon® PVDF for Batteries

AGC Chemicals, a member of the AGC Group, is a global chemical company offering a wide range of fluoropolymer products, including Fluon® PVDF for lithium-ion battery electrodes. The company brings its extensive experience in material science to develop binders that enhance battery performance and durability.

Innovation and Sustainability Initiatives:

• Development of PVDF binders with improved thermal and chemical resistance

• Active participation in industry consortia to standardize and advance 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 undergoing a significant transformation. While traditional PVDF remains the industry standard, the focus is shifting toward advanced formulations that enable next-generation batteries with higher energy density, faster charging, and improved sustainability.

📈 Key Trends Shaping the Market:

• R&D into water-based PVDF dispersions to replace toxic NMP solvent systems

• Development of functionalized PVDF binders for silicon-rich anodes and high-voltage cathodes

• Increased vertical integration and regionalization of supply chains to ensure material security

• Growing emphasis on life-cycle assessment and recyclability of battery components, including binders

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 critical battery component—they are enabling the global transition to clean energy and electrified mobility.