Global Fluoropolymers Market

A fluoropolymer is a fluorocarbon-based polymer with multiple strong carbon?fluorine bonds. It is characterized by a high resistance to solvents, acids, and bases. They are used as non-stick cookware and bakeware coating, and as coating in rugged and all-weather apparel. Other significant applications of fluoropolymers are in various industries, such as the Aviation, Electronics, Telecommunications, Automobiles and Trucks, Pollution Control, and National Security.

Market Dynamics

The analysis of the market shows that the major drivers of the growth in the market are expected to be:

> Realization that they can increase the life cycle of exterior coatings

> Reduction in the costs of infrastructure management by eradicating the number of recoats

> Rise in demand in the APAC region

> Increase in penetration of low volume fluoropolymer

> Opting them over other plastics due to their superior characteristics such as barrier properties and natural inertness

However, some factors present in the market may act as a roadblock to the growth of the Fluoropolymers market. Some of the restraints are: High cost of the raw materials, Environmental Concerns

Market Segmentation

The Fluoropolymers market can be segmented based on the type, the end-user industry, the application, and the geography.

Segmentation based on type:

> PTFE (polytetrafluoroethylene)

> PVDF (polyvinylidene fluoride)

> FEP (fluorinated ethylene-propylene)

> ETFE (polyethylene tetrafluoroethylene)

> PCTFE (polychlorotrifluoroethylene)

> PVF (polyvinyl fluoride)

> Others

Segmentation based on the end-user industry can be done into:

> Industrial processing

> Electrical and Electronics

> Transportation

> Construction

> Healthcare

> Others

Segmentation based on the application of Fluoropolymers is done into the following:

> Coatings & Liners

> Mechanical Parts & Components

> Films

> Additives

> Others

Geographic Analysis

The market was dominated by North America, accounting for a major share in overall consumption. APAC and Europe remained 2nd and 3rd largest regions. North America, due to its huge demand from a wide range of industries and fast pace of economic advancement, is a leader in the consumption of fluoropolymer. Latin America shows promising growth owing to widespread industrialization in the region.

Recently, APAC recorded a strong demand and this trend is likely to continue in the near future, motivated by China and India. The low-cost production of PTFE (polytetrafluoroethylene) in China is probably going to inspire producers to open manufacturing facilities in China.

Consumption of fluoropolymers in Europe is anticipated to grow at a slower pace compared to other regions. In 2016, the Europe fluoropolymers market was dominated by Germany due to its fast pace of economic advancement and huge demand from industries such as automobiles. The UK continued to be the second largest fluoropolymers consuming regions.

The Middle East & Africa are likely to witness decent growth within the forecast period. Growth in African countries such as South Africa and Nigeria of the lucrative construction segment, due to regulatory support to improve infrastructure, along with positive mining industry outlook is likely to drive the market in the near future.

Key Players

The significant players have been making high investments in Research & Development activities to develop innovative products to fulfil the requirements of the market. Companies operating in the industry include: Daikin Industries Ltd., The Chemours Company, The 3M Company, Asahi Glass Co. Ltd., Shanghai Sanaifu, Jiangsu Meilan, Dongue Group, Gujrat Fluorochemicals Ltd., Arkema SA, Solvay SA.

Other major players include Honeywell International Inc., Halopolymer OJSC, Kureha Corporation, Fuxin Heng Tong Fluorine Chemicals Co. Ltd., Zhejiang Juhua Co. Ltd. Saint-Gobain, Shanghai 3F New Materials Co. Ltd., Whitford, Chenguang R.I.C.I, Zeus Inc., and others.

Report Contents:

> Global Market segments

> Global Market Drivers, Restraints and Opportunities

> Global Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Westren Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastren Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage