According to
a new market report published by Lucintel, the future of the global fluoropolymer market is attractive
with opportunities in various end use industries, including industrial processing, electrical and
electronics, transportation, construction, healthcare, and others. The global fluoropolymer market is expected to reach an estimated $6.8 billion by 2022 and it is
forecast to grow at a CAGR of 5.1% from 2017 to 2022. The major drivers for
growth in this market are increasing demand for high performance polymers in industrial
processing, transportation, and electrical and electronics, because of its
superior properties such as non-adhesiveness, low friction, non-stick, high
dielectric, and chemical resistance properties.
In this
market, industrial processing, electrical and electronics, and transportation are
the major end use industries. On the basis of its comprehensive research,
Lucintel forecasts that industrial processing is expected to remain the largest segment by value and volume and will
experience the highest growth over the forecast period supported by increasing demand for fluoropolymer based
plastic products in chemical processing equipment.
By product type, PTFE, FEP, and PVF are the
major fluoropolymers used in different end use industries. PTFE fluoropolymer is expected to be
the largest market by value and volume and will experience the highest
growth over the forecast period
because it absorbs ultraviolet electromagnetic radiation and has excellent
dialectic and chemical resistance properties, chemical resistance, and can be used both at
very high (up to 530 K) and extremely low temperatures.
Asia Pacific (APAC) is expected to remain the
largest region by value and volume; APAC is also expected to experience the
highest growth over the forecast period due to growth in end use industries.
Emerging trends, which have a direct impact
on the dynamics of the industry, include
the development of closed-loop up cycling manufacturing
processes for fluoropolymers and increase usage of fluoropolymers in new applications.
Chemours, Daikin Industries Ltd, 3M (Dyneon), Solvay and Halopolymer OJSC are
among the major suppliers of the fluoropolymer market.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities in the
global fluoropolymer market by product type, end use industry and region.
Lucintel has prepared a comprehensive research report entitled “Growth
Opportunities in the Global Fluoropolymer Market 2017-2022: Trends, Forecast,
and Opportunity Analysis.” The
Lucintel report serves as a catalyst for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global fluoropolymer market by product type,
end use industry and region as follows:
By Product Type [Volume (Million Pounds) and
$M shipment analysis for 2011 – 2022]:
- PTFE (Polytetrafluoroethylene)
- PVDF (Polyvinylidene fluoride)
- FEP (Fluorinated ethane propene copolymer)
- Fluoroelastomer
- PVF (Polyvinyl fluoride)
- Others
By End Use Industry [Volume (Million Pounds)
and $M shipment analysis for 2011 – 2022]:
- Industrial
processing
- Electrical
and Electronics
- Transportation
- Construction
- Healthcare
- Others
By Region [Volume (Million Pounds) and $M
shipment analysis for 2011 – 2022]:
·
North America
·
Europe
·
Asia Pacific
·
The Rest of the World
This
206 page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Chemical
Market Research Reports, Chemical
Industry Analysis Report, SWOT
Matrix,
Due
Diligence and Mergers
& Acquisitions.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising
potential, high-growth opportunities for the global fluoropolymer market by product
type (PTFE, FEP, PVDF, PVF, fluoroelastomer, and others), end use industry (industrial
processing, electrical and electronics, transportation, construction, healthcare, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are emerging trends in this market
and the reasons behind them?
Q.7 What are some changing demands of
customers in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken
place in the last 5 years in this market?
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