Polymer made up of
carbon and fluorine molecules is known as fluropolymer. Fluropolymer is a kind
of high quality plastic that offers high heat resistance and excellent tensile
strength. It is mainly combined to withstand harsh chemicals and extreme temperature.
This polymer has ability to provide high quality texture to the end products.
Therefore, fluropolymer has broad range of application in large number of
industries such as defense, automotive, aerospace, electronics and
telecommunications. On other hand, fluoropolymers is also used in consumer
products for nonstick coatings in cookware and small appliances.
Fluoropolymer market
is primarily driven by increasing demand for the polymer from various end
applications. Emerging market of electrical appliances including computers and
smart phones is expected to drive growth of the fluropolymer market. Stringent
outline to manufacture and use of fluoropolymers implemented by several
regulatory bodies is a major restraint that holds the growth of the fluropolymer
industry.
The report segments
the global fluropolymer market, on the basis of product types into PTFE, PVDF,
FEP, fluoroelastomers and others. Polytetrafluoroethylene (PTFE) market
dominated the global fluoropolymers industry. Polyvinylidene difluoride (PVDF)
is estimated to witness the fastest growth due to it is highly employed as an
insulation material in electrical wires because it offers flexibility, low
weight, low thermal conductivity, high chemical corrosion resistance and heat
resistance.
Based on application
the market is segmented as automotive, electrical & electronics,
construction, industrial equipment and others. Industrial application is one of
the leading applications of the market. Fluorine based polymers are used in
industrial applications to afford thermal and corrosion resistance. Automotive
sector is another important outlet that is likely to have promising growth due
to increasing proliferation in fuel engine systems to reduce emissions and
provide heat resistance.
The study analyzes the
product value chain, beginning with feedstock up to end-use. Additionally, it
evaluates the market based on Porter’s Five Forces Model, which analyzes the
degree of competition in the market by considering factors such as bargaining
power of buyers and suppliers and threat of substitute products and new
entrants. The report includes a detailed competitive landscape of the
fluropolymer market. It comprises market share analysis of companies and
profiles of key market participants.
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The study provides the
comprehensive perspective on the fluropolymer market growth, throughout the
forecast period in terms of volume (in Kilo Tons) and revenue (in USD Million),
across different region, which includes North America, Europe, Asia Pacific,
Latin America and Middle East & Africa (MEA) with its further bifurcation
into major countries including U.S., Germany, France, UK, China, Japan, India
and Brazil. Asia-Pacific is likely to be the fastest growing market in the
forecast period owing to the swift innovation and increasing demand from key
countries such as China, Japan and India.
Some of the key
participants for the global fluropolymer market include Jinan 3F
Fluoro-Chemical Co. Ltd, Arkema SA, AGC Chemicals Europe, E.I. DuPont De
Nemours, Dyneon GmbH, Gujarat Fluorochemicals Ltd., 3M Chemicals, Solvay SA,
Zhonghao Chenguang Research Institute of Chemical Industry, Shanghai 3F, Fuxin
Hengtong, Honeywell International Inc., and DAIKIN INDUSTRIES, Ltd.
This report segments
the global fluropolymer materials market as follows:
Global Fluoropolymer
Market: Product Segment Analysis
- Polytetrafluoroethylene (PTFE)
- Polyvinylidene difluoride
(PVDF)
- Fluorinated ethylene propylene
(FEP)
- Fluoroelastomers
- Others
Global Fluoropolymer
Market: Application Segment Analysis
- Automotive
- Electrical & Electronics
- Construction
- Industrial
- Others
Global Fluoropolymer
Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia-Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East & Africa
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