According to
a new market report published by Lucintel, the future of the fluoropolymer film
market looks promising with opportunities in the electrical and electronics,
construction, packaging, transportation, and industrial sector. The global fluoropolymer
film market is expected to reach an estimated $2.4 billion by 2023 with a CAGR of
6.5% from 2018 to 2023. The major growth drivers for this market are increasing
demand in the medical packaging industry and growth in the solar photovoltaic and
construction industries.
In this
market, polyvinylidine fluoride (PVDF), polytetrafluoroethylene (PTFE), polyvinyl
fluoride (PVF), fluorinated ethylene propylene (FEP), ethylene
tetrafluoroethylene (ETFE), perfluoroalkoxy alkane (PFA), ethylene
chlorotrifluoroethylene (ECTFE), and polychlorotrifluoroethylene (PCTFE) are used
for protection, barrier, and insulation in a wide range of end use industries. Lucintel
forecasts that PVDF film will remain the largest product type and it is also
expected to witness the highest growth due to increasing demand in capacitor,
photovoltaic module, and lithium-ion batteries.
Within the fluoropolymer
film market, electrical and electronics will remain the largest end use
industry, and witness highest growth during the forecast period. The demand for
fluoropolymer film is growing due to rapid expansion of solar energy, growing
demand for electrical appliances, and growth of the semiconductor industry.
Asia Pacific
is expected to remain the largest market and experience the highest growth over
the forecast period. The growth is supported by government policies for the use
of solar power for rural electrification projects, a rise in the demand for
electronic products such as laptops, mobile phones, and high resolution
television sets, and growth in the construction industry.
Emerging trends, which have a direct impact
on the dynamics of the market, include usage of functional fluoropolymer films
to encapsulate solar panels on building exteriors, increasing deployment of
fluoropolymer films in electrochemical devices, and increasing usage in
innovative green technology. 3M Dyneon, Chemours, Saint-Gobain, Daikin Industries
Ltd., and Solvay S.A. are among the major manufactures of fluoropolymer films.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed the global fluoropolymer film
market by product type, by end use industry, and region. Lucintel has prepared
a comprehensive research report entitled
“Growth
Opportunities in the Global Fluoropolymer Film Market 2018-2023: Trends,
Forecast, and Opportunity Analysis.” This
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 film market by product
type, end use industry, and region as follows:
By Product Type [Volume (Tons) and $M shipment
analysis for 2012 – 2023]:
- PVDF Film
- PTFE Film
- PVF Film
- FEP Film
- ETFE Film
- PFA Film
- Others
By End Use Industry [Volume (Tons) $M shipment
analysis for 2012 – 2023]:
- Electrical
and Electronics
Ø Photovoltaic
- Consumer
Electronics
- Construction
- Packaging
- Transportation
- Industrial
- Others
By Region [Volume (Tons) $M shipment analysis
for 2012 – 2023]:
·
North America
·
Europe
·
Asia Pacific
·
The Rest of the World
This
192-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, Mergers
& Acquisitions, Due Diligence and
SWOT
Analysis.
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 film market
by product type, which includes polytetrafluoroethylene (PTFE), polyvinylidine
fluoride (PVDF), fluorinated ethylene propylene (FEP), polyvinyl fluoride (PVF),
perfluoroalkoxy alkane (PFA), ethylene tetrafluoroethylene (ETFE), and others
(ECTFE, PCTFE, and TVH), by end use industry such as electrical and
electronics, construction, packaging, transportation, industrial, and other end
use industries, and by region including 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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