Sep 2, 2021   SOURCE: BusinessWire

Worldwide Fluoropolymers Market 2017-2027: Key Players Include 3M, Honeywell, Solvay and Zeus Industrial Products - ResearchAndMarkets.com

The "Global Fluoropolymers Market, By Type (ETFE, PFA, ECTFE, PCTFE, PTFE, PVF, PVDF, Others), By Form (Dispersion, Granular, Powder), By Application (Pipe, Others), By End-User Industry (Household, Others), By Region, Estimation & Forecast, 2017 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global fluoropolymers market held a market value of USD 7,588.0 Million in 2020 and is forecasted to reach USD 10,196.5 Million by the year 2027. The market is anticipated to register a CAGR of 4.3% during the projected period. The market volume was about 356,660.1 tons in 2020 and was expected to grow at a CAGR of 3.8%.

Fluoropolymers are fluorocarbon-based polymers containing multiple carbon-fluorine bonds. They are highly resistant to acids, bases, and solvents. The growing application of fluoropolymer in the industry along with increasing spending on construction activities & infrastructural development projects are expected to boost market growth.

However, the high cost of fluoropolymer as compared to conventional material coupled with environmental sustainability is estimated to hinder the market growth. The market experienced a negative impact during the COVID-19 pandemic as companies of the aerospace, automotive, and electronics industry was shut down due to lockdowns.

Growth Influencers:

Growing application of fluoropolymer in the automotive industry

Fluoropolymers are used in the automotive industry in various parts of the engine of a vehicle for improving its durability and performance. Fluoropolymer tubing also seals and protects parts from dangerous chemicals and high temperatures which can affect an engine's ability to function. Furthermore, trends in the automotive industry, such as emission-free mobility, fuel efficiency, and connected vehicles are also anticipated to boost the market growth.

Increasing spending on construction activities and infrastructural development projects

Fluoropolymers are used in construction activities and infrastructural development projects owing to their low surface tension. The films manufactured using fluoropolymers are self-cleaning and need only rain to wash away accumulated dirt. Its numerous properties make leads to its popularity as highly durable protective coatings for a range of architectural coating formulations. According to the U.S. Department of Commerce, in the United States, as of June 2021, the construction spending was USD 1,552,200 million. Therefore, increasing spending on construction activities and infrastructural development projects is expected to fuel market growth.

The global fluoropolymers market report provides insights on the below pointers:

  • Market Penetration: Provides comprehensive information on the market offered by the prominent players
  • Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
  • Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
  • Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Fluoropolymers market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
  • Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The global Fluoropolymers market report answers questions such as:

  • What is the market size and forecast of the Global Fluoropolymers Market?
  • What are the inhibiting factors and impact of COVID-19 on the Global Fluoropolymers Market during the assessment period?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the Global Fluoropolymers Market?
  • What is the competitive strategic window for opportunities in the Global Fluoropolymers Market?
  • What are the technology trends and regulatory frameworks in the Global Fluoropolymers Market?
  • What is the market share of the leading players in the Global Fluoropolymers Market?
  • What modes and strategic moves are considered favorable for entering the Global Fluoropolymers Market?

Key Topics Covered:

Chapter 1. Research Framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Fluoropolymers Market

Chapter 4. Global Fluoropolymers Market Overview

Chapter 5. Global Fluoropolymers Market Analysis, By Type

Chapter 6. Global Fluoropolymers Market Analysis, By Form

Chapter 7. Global Fluoropolymers Market Analysis, By Application

Chapter 8. Global Fluoropolymers Market Analysis, By End-user Industry

Chapter 9. Global Fluoropolymers Market Analysis, By Region/Country

Chapter 10. North America Fluoropolymers Market Analysis

Chapter 11. Europe Fluoropolymers Market Analysis

Chapter 12. Asia Pacific Fluoropolymers Market Analysis

Chapter 13. Middle East & Africa Fluoropolymers Market Analysis

Chapter 14. South America Fluoropolymers Market Analysis

Chapter 15. The U.S. Fluoropolymers Market Analysis

Chapter 16. Company Profile

Companies Mentioned

  • 3M
  • Arkema Group
  • Asahi Glass Co, Ltd
  • Daikin Industries, Ltd
  • Dongyue Group
  • DowDupont, Inc.
  • Ensinger Inc
  • Gujarat Fluorochemicals Ltd
  • Halopolymer, OJSC
  • Honeywell International Inc.
  • Hubei Everflon Polymer CO., Ltd.
  • Itaflon Srl
  • Jiangsu Meilan Chemical Co., Ltd.
  • Juhua Group Corporation
  • Kureha Corporation
  • L. Gore & Associates, Inc
  • Lee & Man Chemical Company Limited
  • Polyfluor Plastics bv
  • Saint-Gobain S.A.
  • Shandong Hengyi New Material Technology Co., Ltd
  • Shanghai Huayi 3F New Materials Co., Ltd.
  • Solvay S.A.
  • The Chemours Chenguang Fluoromaterials (Shanghai) Co., Ltd.
  • The Chemours Company
  • Zeus Industrial Products, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/eeqyd7