Sep 26, 2018   SOURCE: BusinessWire

The Global Non-Stick Coatings Market by Type, Application and Geography - Forecast to 2023 - ResearchAndMarkets.com

The "Global Non-Stick Coatings Market - Segmented by Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The non-stick coatings market is expected to witness healthy growth during the forecast period (2018-2023).

The market is driven by the factors such as increasing demand for PTFE in cookware applications and growing use of UV cured sol-gel coatings. Increasing alternatives for Teflon coatings and health hazards of using non-stick cookware is expected to hinder the market's growth.

Increasing Demand for Non-Stick Cookware

Non-stick coatings are widely used in coating the non-stick cookware. People are shifting towards the use of non-stick cookware due to various advantages such as faster cooking process due to uniform distribution of heat, scratch resistance, quality of food, easy cleaning, washing, drying, etc.

With the increasing quality of life in the countries such as Finland, Canada, Denmark, Australia, Switzerland, Sweden, Norway, etc., the use of high-quality products is being increased.

Asia-Pacific region holds a significant share in the cookware applications with the increasing number of houses and the average household income in the countries such as China and India.

All the factors mentioned above, in turn, expected to drive the market for non-stick coatings during the forecast period.

Key Highlights

  • Surge in Usage of Machine Parts
  • Asia-Pacific to Dominate the Market

Major Developments in the Market

  • The Chemours Company announced the global price increase of up to 10% for its full line of Teflon PTFE and Melts, Nafion Membranes and Dispersions, Krytox lubricants, Viton FKM Fluoroelastomer products, Capstone repellents and surfactants, and Teflon coatings.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

  • 3M
  • AAA Industries
  • Akzo Nobel N.V.
  • AGC Inc.
  • Metal Coatings Corp.
  • Cavero
  • Daikin Industries, Ltd.
  • DowDuPont
  • GMM Development Limited
  • Orion Industries
  • Metallic Bonds, Ltd.
  • RCS Impex
  • Solvay SA
  • The Chemours Company
  • Weilburger
  • Gujarat Fluorochemicals Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/drpt9f/the_global?w=4.