The Worldwide Fluoropolymer Industry is Estimated to Reach $8.4 Billion by 2026
9 April 2021
Dublin, April 09, 2021 (GLOBE NEWSWIRE) -- The "Fluoropolymer Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the global fluoropolymer market looks promising with opportunities in the industrial processing, electrical and electronics, automotive and aerospace, construction, healthcare, and others industries. The global fluoropolymer market is declined in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $8.4 billion by 2026 with a CAGR of 4.7% from 2021 to 2026. The major drivers for growth in this market are the 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.
Emerging trends, which have a direct impact on the dynamics of the industry, include megatrends of mobility, neoecology, connectivity, and digitalization in automotive industry and new developments in the field of electrical engineering/electronics and telecommunications. Chemours, Daikin Industries Ltd, 3M (Dyneon), Solvay and Halopolymer OJSC are among the major suppliers of the fluoropolymer market.
A total of 131 figures/charts and 106 tables are provided in this 160-page report to help in your business decisions. To learn the scope of benefits, companies researched, and other details of the fluoropolymer market report.
The study includes trends and forecast for the global fluropolymer market by product type, end use industry and region as follows:
By Product Type [Volume (Million Pounds) and $M shipment analysis for 2015 - 2026]:
- PTFE (Polytetrafluoroethylene)
- PVDF (Polyvinylidene fluoride)
- FEP (Fluorinated ethane propene copolymer)
- PVF (Polyvinyl fluoride)
By End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2015 - 2026]:
- Industrial processing
- Electrical and Electronics
- Automotive and Aerospace
By Region [Volume (Million Pounds) and $M shipment analysis for 2015 - 2026]:
- North America
- Asia Pacific
- The Rest of the World
In this market, PTFE, FEP, and PVF are the major fluoropolymers used in different end use industries. The analyst forecasts that PTFE fluoropolymer will remain the largest segment by value and volume and will experience the highest growth over the forecast period because it absorbs ultraviolet electromagnetic radiation and has excellent dialectic and chemical resistance properties. It can also be used both at very high (up to 530 K) and extremely low temperatures.
Within the global fluoropolymer market, industrial processing will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to increasing demand for fluoropolymer based plastic products in chemical processing equipment.
Asia Pacific (APAC) is expected to remain the largest region by value and volume and it is also expected to experience the highest growth over the forecast period due to growth in end use industries.
Emerging trends, which have a direct impact on the dynamics of the industry, include megatrends of mobility, neoecology, connectivity, and digitalization in automotive industry and new developments in the field of electrical engineering/electronics and telecommunications.
Some of the major fluoropolymer manufacturers profiled in this report include Chemours, Daikin Industries Ltd, 3M (Dyneon), Solvay, and Halopolymer OJSC.
Features of the Global Fluoropolymer Market
- Market Size Estimates: Fluoropolymer market size estimation in terms of value ($M) shipment.
- Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
- Segmentation Analysis: Fluoropolymer market size by various segments, such as product and end use industry, and regions in terms of value and volume
- Regional Analysis: Fluoropolymer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different product, end use industries, and regions for the fluoropolymer market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the fluoropolymer market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global fluoropolymer market by product type (PTFE, FEP, PVDF, PVF, fluoroelastomer, and others), end use industry (industrial processing, electrical and electronics, automotive and aerospace, construction, healthcare, and others), and region (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 fluoropolymer market?
Q.5 What are the business risks and threats to the fluoropolymer market?
Q.6 What are the emerging trends in this fluoropolymer market and the reasons behind them?
Q.7 What are some changing demands of customers in the fluoropolymer market?
Q.8 What are the new developments in the fluoropolymer market? Which companies are leading these developments?
Q.9 Who are the major players in the fluoropolymer 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 the fluoropolymer market, 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 did take place in the last five years in the fluoropolymer market?
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2015 to 2026
3.1: Macroeconomic Trends and Forecast
3.2: Global Fluoropolymer Market Trends and Forecast
3.3: Global Fluoropolymer Market by End Use Industry
3.3.1: Industrial Processing
3.3.2: Electrical and Electronics
3.3.3: Automotive and Aerospace
3.4: Global Fluoropolymer Market by Product
4. Market Trends and Forecast Analysis by Region
4.1: Global Fluoropolymer Market by Region
4.2: North American Fluoropolymer Market
4.2.1: Market by Product: PTFE, FEP, PVDF, PVF, Fluoroelastomer, and Others
4.3: European Fluoropolymer Market
4.3.1: Market by Product: PTFE, FEP, PVDF, PVF, Fluoroelastomer, and Others
4.4: APAC Fluoropolymer Market
4.4.1: Market by Product: PTFE, FEP, PVDF, PVF, Fluoroelastomer, and Others
4.5: ROW Fluoropolymer Market
4.5.1: Market by Product: PTFE, FEP, PVDF, PVF, Fluoroelastomer, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fluoropolymer Market by Product
6.1.2: Growth Opportunities for the Global Fluoropolymer Market by End Use Industry
6.1.3: Growth Opportunities for the Global Fluoropolymer Market by Region
6.2: Emerging Trends in the Global Fluoropolymer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fluoropolymer Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Fluoropolymer Market
6.3.4: Certification and Licensing
6.3.5: Technology Development
7. Company Profiles of Leading Players
7.2: Gujarat Fluorochemicals Limited
7.3: 3M Dyneon
7.4: Chemours (Dupont)
7.5: Hindustan Fluorocarbons Limited
7.6: Asahi Glass Corporation
7.7: Kureha Corporation
7.8: Halopolymer OJSC
7.9: SOLVAY Solexis S.P.A
7.10: Dongyue Federation
For more information about this report visit https://www.researchandmarkets.com/r/dkjz27
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