Oct 7, 2019   SOURCE: BusinessWire

Global High Performance Fluoropolymer Market Forecast to 2024: Focus on Industrial Processing, Transportation, Electrical & Electronics, Medical - ResearchAndMarkets.com

The "High Performance Fluoropolymer Market by Type (PTFE, FEP, PFA/MFA, ETFE), Form (Coating, Film & Membranes, Tubing) End-Use Industry (Industrial Processing, Transportation, Electrical & Electronics, Medical), and Region (North America, APAC, Europe) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global high-performance fluoropolymers (HPF) market size is estimated to be USD 3.3 billion in 2019 and is projected to reach USD 4.6 billion by 2024, at a CAGR of 6.9%.

This growth is attributed to HPF's growing number of applications in various industries. Also, expansion across end-use industries is further driving the industry for HPF globally.

Coatings accounted for the largest market share and are also estimated to be the fastest-growing segment

HPF possesses excellent insulating properties, low surface energies, impermeability to gases, and high resistance to oils, UV radiation, chemicals, water, and corrosion. Owing to these excellent properties, HPFs, are used for architectural coatings, metallic coatings, wire & cable coatings, fiber coatings, and glass coatings, among other coating applications.

Increasing demand for coatings from various industries such as automobiles, industrial textiles, wires & cables, and industrial machinery, has created high demand for HPF's. Considering this scenario, the coatings segment is estimated to be the largest segment in the HPF market. Growth across various end-use industries of HPF's globally is the reason behind the fastest growth of the HPF market in the coatings segment.

North America is the largest HPF market globally

In 2018, North America accounted for the largest share in the global HPF market. New application development, product innovation, and presence of a large number of end-use industries, such as industrial processing, transportation, and electronics & electrical, among others.

US emerged as the largest producer of oil & gas globally, which triggered the expansion across downstream process industries, which benefited the HPF market. Also, the US and Mexico are amongst the top automotive manufacturers of HPF globally. The presence of full-fledged end-use industries is the major demand driver for HPF in North America.

The key companies profiled in this report include The Chemours Company (US), Daikin Industries, Ltd. (Japan), 3M (US), Solvay SA (Belgium), AGC (Japan), The Dongyue Group (China), Gujrat Fluorochemicals Ltd. (India), Halopolymer OJSC (Russia), Hubei Everflon polymer (China), and China Reform Culture Holdings Co. Ltd. (China).

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Package Size

1.6 Limitations

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Opportunities

5.2.4 Challenges

5.3 Porter's Five Forces Analysis

5.3.1 Threat of New Entrants

5.3.2 Threat of Substitutes

5.3.3 Bargaining Power of Buyers

5.3.4 Bargaining Power of Suppliers

5.3.5 Intensity of Competitive Rivalry

5.4 Macroeconomic Indicators

6 High-Performance Fluoropolymers Market, By Type

6.1 Introduction

6.2 PTFE

6.2.1 Types of PTFE

6.2.1.1 Granular/Molded Powder

6.2.1.2 Fine Powder

6.2.1.3 Aqueous Dispersion

6.2.1.4 Micronized Powder

6.3 FEP

6.4 PFA/MFA

6.5 ETFE

6.6 Others

7 High-Performance Fluoropolymers Market, By Form

7.1 Introduction

7.2 Coatings

7.3 Films & Membranes

7.4 Tubing

7.5 Others (Liners, Additives, Wire & Cable, Machinery Spare Parts)

8 High-Performance Fluoropolymers Market, By End-Use Industry

8.1 Introduction

8.2 Industrial Processing

8.2.1 Chemical Processing

8.2.2 Oil & Gas

8.2.3 Power Plants

8.2.4 Water Treatment

8.2.5 Food Processing

8.3 Transportation

8.3.1 Automotive

8.3.2 Aviation/Aerospace

8.4 Electrical & Electronics

8.4.1 Telecommunication

8.4.2 Semiconductors

8.4.3 Electronic Components

8.4.4 Display

8.4.5 Defence Electronics

8.5 Medical

8.5.1 Medical Devices

8.5.1.1 Surgical Equipment

8.5.1.2 Diagnostic Devices

8.5.1.3 Therapeutic System

8.5.1.4 Dental

8.5.2 Pharmaceutical and Biotechnology

8.6 Others

8.6.1 Defense

8.6.2 Building & Construction

8.6.3 Consumer & Household

9 High-Performance Fluoropolymers Market, By Region

9.1 Introduction

9.2 North America

9.2.1 US

9.2.2 Canada

9.2.3 Mexico

9.3 Asia-Pacific

9.3.1 China

9.3.2 Japan

9.3.3 South Korea

9.3.4 India

9.3.5 Rest of Asia-Pacific

9.4 Europe

9.4.1 Germany

9.4.2 France

9.4.3 UK.

9.4.4 Italy

9.4.5 Spain

9.4.6 Russia

9.4.7 Rest of Europe

9.5 Rest of the World (RoW)

9.5.1 Saudi Arabia

9.5.2 Brazil

10 Competitive Landscape

10.1 Introduction

10.2 Competitive Leadership Mapping

10.2.1 Visionary Leaders

10.2.2 Innovators

10.2.3 Emerging Companies

10.3 Competitive Benchmarking

10.3.1 Strength of Product Portfolio (For All 17 Companies)

10.3.2 Business Strategy Excellence (For All 17 Companies)

10.4 Market Ranking of Key Players

11 Company Profiles

11.1 The Chemours Company

11.2 Daikin Industries, Ltd

11.3 Asahi Glass Co., Ltd.

11.4 The 3M Company

11.5 Solvay S.A.

11.6 Dongyue Group Ltd.

11.7 Gujrat Fluorochemicals Limited

11.8 Hubei Everflon Polymer Co., Ltd.

11.9 Halopolymer OJSC.

11.10 Saudi Basic Industries Corporation (SABIC)

11.11 Shanghai 3F New Materials Company Ltd

11.12 Other Companies

11.12.1 Agru

11.12.2 Chenguang Research Institute of Chemical Industry

11.12.3 Shamrock Technologies

11.12.4 Jiangsu Meilan Chemical Co. Ltd

11.12.5 Juhua Group Corporation

11.12.6 Guanzhou Lichang Fluoroplastics Co., Ltd

11.12.7 Zhonghao Chenguang Chemical Research Institute Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/hmpyvx