According to a recently published report, Global Fluoropolymers Market is expected to grow at a CAGR of 6.7% during 2015-2022 and it is estimated to be $8.9 billion by 2022. The global fluoropolymers market is segmented on the basis of types, application and geography. The report on Global Fluoropolymers Market Forecast 2015-2022 provides detailed overview and predictive analysis of the market.
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The fluoropolymers market is growing at a very good pace due to many driving factors such as its wide acceptance across various sectors around the globe. It has found huge application in various sectors such as electrical and electronics, automobiles, chemical processing industries, healthcare industries etc. Expanding automotive sector in various regions such as Mexico, China, India, etc. is creating a favorable impact on the growth of the industry in the forecasted period. Other factors which are driving the market are growth in PV installation and raising popularity of coatings. Fluoropolymers are gaining popularity due to several properties it has such as excellent performance and durability shown by the product in extremely harsh environment. Also the maintenance free nature of fluoropolymers leads to their extensive use in chemical plants. The material are quite extensively used in the daily routine in products such as non-stick cook ware, all-weather apparel etc. Some of the factors which are acting as restraint for the industry are the concerns about safety of environment. Growing polymer industry is also a challenge for this industry.
Some of the major players of the market are Asahi Glass Co. Ltd., Arkema SA, Daikin Industries Ltd, Gujarat Fluorochemicals Ltd., Honeywell International Inc., Kureha Corporation, Solvay SA etc.
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1. Global fluoropolymers market by application 2012-2022 ($ billion)
1.1. Automotive & Transportation
1.1.1. Electrical & Electronics
1.1.2. Chemical Processing
1.1.3. Industrial Equipment
1.1.4. Health care industries
1.1.5. Other applications
2. Global fluoropolymers market by types 2012-2022 ($ billion)
2.1. Polytetrafluoroethylene (PTFE)
2.1.2. Fine Powder
2.1.4. Micronized Powder
2.2. Polyvinylidene Fluoride (PVDF)
2.3. Fluorinated Ethylene Propylene (FEP)
2.4.1. Vinylidene Fluoride (VF2)
2.4.2. Hexafluoropropylene (HFP)
2.4.3. Tetrafluoroethylene/Propylene (TFE/P)
2.5. Other Fluoropolymers
2.5.1. Polychlorotrifluoroethylene (PCTFE)
2.5.2. Ethylene Tetrafluoroethylene (ETFE)
2.5.3. Ethylene & Chlorotrifluoroethylene (ECTFE)
2.5.4. Perfluoroalkoxy (PFA)
3. Global fluoropolymers regional outlook 2012-2022 ($ billion)
3.1. North America
3.3. Asia Pacific
3.4. Middle East & Africa
3.5. Central & South America
3.6. Central & South America
4. Competitive landscape
4.2. Arkema SA
4.3. Asahi Glass Co. Ltd.
4.4. Chemours (DuPont)
4.5. Chenguang R.I.C.I.
4.6. Daikin Industries Limited
4.7. Dongyue Group Ltd
4.8. E.I. Dupont DE Nemours & Company
4.9. Fuxin Heng Tong Fluorine Chemicals Co. Ltd.
4.10. Gujarat Fluorochemicals Ltd. (GFL)
4.11. Halopolymer Ojsc
4.12. Honeywell International Inc.
4.13. Jiangsu Meilan Chemical Co., Ltd.
4.14. Kureha Corporation
4.16. Shanghai 3F New Materials Co. Ltd.
4.17. Solvay SA
4.19. Zeus Inc.
4.20. Zhejiang Juhua Co. Ltd
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