Fluoropolymer Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Fluoropolymer Market: By Type (Fluorinated Ethylene-Propylene (FEP), Polychlorotrifluoroethylene (PCTFE), Polyethylenetetrafluoroethylene (ETFE), Polytetrafluoroethylene (PTFE), Polyvinylfluoride (PVF), Polyvinylidene Fluoride (PVDF) and Other Types), By End User (Personal Care, Packaging, Electrical and Electronics, Construction, Automotive and Other End User Industries) and Geography

 

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Report

Description

The global fluoropolymer market estimated to be valued US$ 6,235 Mn in 2020 and poised to grow at significant CAGR of 8.3% over 2021-2027. Factors such as growing demand for fluoropolymer from the commercial construction industry, superior properties of fluoropolymers, increasing demand from various end user industries, rising popularity for the product and rise in investments for light weight vehicles are some factors influencing the market growth. The research analyses the influence of COVID-19 on the rubber, plastics, automotive, and construction industries in general, as well as Fluoropolymer in particular, by tracking global sales of Fluoropolymer in 20+ high-growth markets. However, high price of fluoropolymer and stringent framework to manufacture and use of fluoropolymers are hampering the market growth. A fluoropolymer is a chemical molecule that contains carbon fluoride linkages. Chemical resistance, electrical and mechanical insulation, heat resistance, stress cracking, and other qualities are among them. Fluoropolymers, from coatings to industrial films, benefit from these qualities in a variety of applications. It’s also used in the home, construction, and electrical and electronics. The surge in demand from the end-use application sectors is driving the global market expansion. Fluoropolymers have a number of advantageous features. They have good dielectric properties, are highly lubricating, and biocompatible.

Fluoropolymer Market

MARKET SUMMARY
-
8.3%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 8.3%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Fluoropolymer Market

  • Global Fluoropolymer market report gives comprehensive outlook on fluoropolymer across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global fluoropolymer market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end user and region.
  • This report studies global fluoropolymer market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global fluoropolymer market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global fluoropolymer products.
Market Key Players
  • 3M
  • DUPONT
  • Daikin
  • Solvay
  • ARKEMA
  • Gujarat
  • AGC
  • HaloPolymer
Growth

Fluoropolymer Market

Fluoropolymer are the best solution for an increasing number of industries such as electronic, machine, automotive and semiconductors. Fluoropolymers possess outstanding properties such as outstanding chemical resistance, weather stability, low surface energy, low coefficient of friction, and low dielectric constant. These properties come from the special electronic structure of the fluorine atom, the stable carbon-fluorine covalent bonding, and the unique intramolecular and intermolecular interactions between the fluorinated polymer segments and the main chains. Because of these properties, the fluoropolymers are highly used in various applications, right from coatings to the industrial films. Furthermore, it is also utilized in various household applications, electrical & electronics, construction sectors, and others. Hence, increasing demand for fluoropolymer from various industries is fueling the market growth


North-America Got Significant Share

Fluoropolymer Market

Asia Pacific accounted for larger revenue share in global fluoropolymer market with considerable CAGR. The growth in this region can be attributed to emerging automotive, packaging, electrical and electronics industries. Booming construction industry in developing countries like China is the other factor responsible for market growth. Also, North America held significant market share during predicted period due to the increasing pharmaceutical industry and growing packaging industry.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global fluoropolymer market expanding at significant CAGR over 2021 to 2027 owing to growing demand for fluoropolymer from the commercial construction industry
  • Based on type, polytetrafluoroethylene (PTFE) segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global fluoropolymer market

Key

Key Features of the Report

Fluoropolymer Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • 3M
  • DUPONT
  • Daikin
  • Solvay
  • ARKEMA
  • Gujarat
  • AGC
  • HaloPolymer
  • Kureha
  • Shin-Etsu
  • Dow Corning
  • Sichuan Chenguang

Description

The global fluoropolymer market estimated to be valued US$ 6,235 Mn in 2020 and poised to grow at significant CAGR of 8.3% over 2021-2027. Factors such as growing demand for fluoropolymer from the commercial construction industry, superior properties of fluoropolymers, increasing demand from various end user industries, rising popularity for the product and rise in investments for light weight vehicles are some factors influencing the market growth. The research analyses the influence of COVID-19 on the rubber, plastics, automotive, and construction industries in general, as well as Fluoropolymer in particular, by tracking global sales of Fluoropolymer in 20+ high-growth markets. However, high price of fluoropolymer and stringent framework to manufacture and use of fluoropolymers are hampering the market growth. A fluoropolymer is a chemical molecule that contains carbon fluoride linkages. Chemical resistance, electrical and mechanical insulation, heat resistance, stress cracking, and other qualities are among them. Fluoropolymers, from coatings to industrial films, benefit from these qualities in a variety of applications. It’s also used in the home, construction, and electrical and electronics. The surge in demand from the end-use application sectors is driving the global market expansion. Fluoropolymers have a number of advantageous features. They have good dielectric properties, are highly lubricating, and biocompatible.

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