Fluropolymer Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing demand for high performance polymers in industrial processing, transportation, and electrical and electronics, are the major factors driving the growth of the Global Fluropolymer Market.
Fluropolymer Market is valued at USD 6713.5 Million in 2018 and expected to reach USD 11138.1 Million by 2025 with a CAGR of 7.5% over the forecast period.
Fluropolymers are polymers characterized by numerous strong carbon-fluorine bonds, owing to the unique attributes such as mechanical, chemical resistant and electrical insulation. Fluropolymers are considered as highly durable protective coatings used in various applications such as architectural coating preparations, particularly those required in the exteriors. Fluropolymers have a high usage in industrial processing due to their oil and chemical resistant properties. They offer several excellent characteristic properties such as low friction; non-adhesiveness; and chemical, weather, and heat resistance; along with superior electrical properties.
Global fluropolymer market report is segmented on the basis of product type, application, end-users and region & country level. Based upon product type, global fluropolymer market is divided into polyvinylidene fluoride (PVDF), polytetrafluroethylene, fluorinated ethylene propylene (FEP), fluroelastomers. Based on applications, the fluropolymer market is classified into automotive & transportation, industrial equipment, electrical & electronics, chemical processing, additives, coatings & liners, films and others. Based upon end-users, the market is divided into healthcare, industrial processing, automotive & aerospace, transportation equipment, construction, medical, textiles, cookware, lubricants, plastics & elastomers, electrical & electronics and others.
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The regions covered in this fluropolymer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Fluropolymer is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Fluropolymer Market Revenue (USD Million) Analysis by Regional and Global, 2019-2025
Key Players for Global Fluropolymer Market Report–
Some major key players for global fluropolymer market are DowDupont Inc, Solvay SA, Asahi Glass Co, Ltd, 3M, Daikin Industries, Ltd, Honeywell International Inc., Saint-Gobain S.A., Arkema Group, The Chemours Company, Kureha Corporation, W.L. Gore & Associates, Inc, Zeus Industrial Products, Inc., Gujarat Fluorochemicals Ltd., and others.
DuPont to Invest in New Production Assets for DuPont Kapton and Pyralux
6 Mar 2019, CIRCLEVILLE, Ohio – DuPont Electronics and Imaging announced that it is investing USD 220 million to build new production assets at its Circleville, Ohio plant. The new assets will expand production of DuPont Kapton polyimide film and Pyralux flexible circuit materials to meet growing market demand in automotive, consumer electronics, telecom and defence.
Kapton polyimide films, made only by DuPont, have helped set industry standards for over 50 years in high performance, reliability and durability. Kapton polyimide films offer an industry-leading durability and reliability for extreme applications with excellent mechanical, thermal and electrical properties.
Increasing Applications of Fluropolymers in Aircraft, Automotive, And Kitchenware Coatings are the Major Factors Driving the Global Fluropolymer Market
Increasing applications of fluropolymers in aircraft, automotive, and kitchenware coatings as they have low friction and non-stick properties are some factors driving the growth of the market. In addition, fluoropolymers are also utilized in miniaturization of circuit boards and electronics because of their dielectric property. However, the market is expected to have few potential restraints such as environmental concern regarding the usage of fluropolymers, as it is nearly impermeable to natural degradation due to its attributes. Moreover, global fluoropolymers market is witnessing bright opportunities due to a rapid increase in demand for lightweight materials and coatings to be used in manufacturing automobiles and aircraft components.
The global Fluropolymer market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). Asia Pacific is expeceted to witness the lucrative growth in the global Fluropolymer market owing to increase in the growth of the overall economy in this region. In addition, rise in investments by key manufactures in this region is another key factor that fuels the growth of the market. North America is expected to capture a significant share of global fluropolymers market mainly attributed to growing demand for fluropolymers in various flourishing industries such as electrical & electronics and automobiles in this region. U.S. holds a leading position in North America market, followed by Canada and Mexico, respectively.
Key Benefits for Global Fluropolymer Market Reports –
- Global Fluropolymer Market report covers in-depth historical and forecast analysis.
- Global Fluropolymer Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Fluropolymer Market report helps to identify opportunities in marketplace.
- Global Fluropolymer Market report covers extensive analysis of emerging trends and competitive landscape.
Fluropolymer Market Segmentation:-
By Product Type
- Polyvinylidene Fluoride (PVDF)
- Fluorinated Ethylene Propylene (FEP)
- Automotive & Transportation
- Industrial Equipment
- Electrical & Electronics
- Chemical Processing
- Coatings & Liners
- Industrial Processing
- Automotive & Aerospace
- Transportation Equipment
- Plastics & Elastomers
- Electrical & Electronics
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- Middle East and Africa
- Rest of Middle East and Africa
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