According to the recent study the fluoropolymer market is projected to reach an estimated $6 billion by 2030 from $5 billion in 2023, at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by 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.
Browse 135 figures/charts
and 107 tables in this 161-page report to understand trends, opportunities and
forecast in fluoropolymer market by end use (industrial processing, electrical
and electronics, automotive and aerospace, construction, healthcare, and
others), product type (PTFE, FEP, PVDF, PVF, fluoroelastomer, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
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fluoropolymer market.
Lucintel forecast that
industrial processing will remain the largest end use industry over the
forecast period due to increasing demand for fluoropolymer based plastic
products in chemical processing equipment. Construction is expected to witness
the highest growth over the forecast period.
PTFE fluoropolymer will
remain the largest segment by value and volume over the forecast period because
it absorbs ultraviolet electromagnetic radiation and has excellent dialectic
and chemical resistance properties. It can also be used both at very high (up
to 530 K) and extremely low temperatures. PVDF is expected to witness the
highest growth over the forecast period.
APAC is expected to
remain the largest region by value and volume due to growth in end use
industries.
Daikin, Gujarat
Fluorochemicals Limited, 3M Dyneon, Chemours (Dupont), Hindustan Fluorocarbons
Limited, Asahi Glass Corporation, Kureha Corporation, Halopolymer OJSC, SOLVAY
Solexis S.P.A, and Dongyue Feder are
the major suppliers in the fluoropolymer providers.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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