Core Viewpoint - The article discusses the growth and trends in the PVDF lithium battery binder market, highlighting its importance in the lithium-ion battery industry and the expected market dynamics through 2031 [11][14][18]. Group 1: Market Overview - PVDF is the most commonly used binder in lithium-ion batteries, crucial for enhancing the contact between active materials and conductive agents, directly affecting battery capacity, lifespan, and safety [2]. - The global PVDF lithium battery binder market is projected to reach 4.767 billion yuan in 2024 and 12.101 billion yuan by 2031, with a compound annual growth rate (CAGR) of 16.51% from 2025 to 2031 [14]. - China dominates the market, accounting for approximately 78.88% of the global market size in 2024, expected to reach 78.93% by 2031 [16]. Group 2: Production and Consumption - Major producers of PVDF lithium battery binders include Wu Yu, Syensqo, and Arkema, with the first tier of manufacturers holding about 33.24% of the market share in 2024 [17]. - The production method of PVDF binders primarily involves suspension polymerization, which allows for higher resin quality compared to emulsion polymerization [5]. - The market is currently experiencing overcapacity due to rapid expansion in production, leading to increased competition and price pressure [18]. Group 3: Application Segments - The primary applications of PVDF lithium battery binders are in digital batteries, energy storage batteries, and power batteries, with power batteries expected to hold a market share of approximately 74.09% in 2024 [6][10]. - The energy storage sector is gaining attention as a strategic support for the transition of energy structures and the transformation of electricity production and consumption [9]. Group 4: Policy and Industry Trends - The article outlines the Chinese government's policies aimed at promoting high-quality development in the fine chemical industry, which includes the PVDF sector [19]. - The "anti-involution" policy introduced in 2025 aims to curb low-price competition and encourage technological innovation within the lithium battery industry [21][23].