Trends, opportunities, and forecast in fluoropolymer market to 2026 by end use industry (industrial processing, electrical and electronics, automotive and aerospace, construction, healthcare, and others), product type (PTFE, FEP, PVDF, PVF, fluoroelastomer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
New York, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Opportunities in the Fluoropolymer Market: Market Size, Trends and Growth Analysis" - https://www.reportlinker.com/p06177949/?utm_source=GNW
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 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.
The study includes trends and forecast for the global fluropolymer market by end use industry, product type, and region as follows:
By End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
• Industrial processing
• Electrical and Electronics
• Automotive and Aerospace
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 Region [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
• North America
• Asia Pacific
• The Rest of the World
In this market, PTFE, FEP, and PVF are the major fluoropolymers used in different end use industries. The analyst forecast that PTFE fluoropolymer will remain the largest segment by value and volume and will experience the highest growth over the forecast period because it absorbs ultraviolet electromagnetic radiation and has excellent dialectic and chemical resistance properties. It can also be used both at very high (up to 530 K) and extremely low temperatures.
Within the global fluoropolymer market, industrial processing will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to increasing demand for fluoropolymer based plastic products in chemical processing equipment.
Asia Pacific (APAC) is expected to remain the largest region by value and volume and it is also expected to experience the highest growth over the forecast period due to growth in end use industries.
Some of the major fluoropolymer manufacturers profiled in this report include Chemours, Daikin Industries Ltd, 3M (Dyneon), Solvay, and Halopolymer OJSC.
Features of the Global Fluoropolymer Market
• Market Size Estimates: Fluoropolymer market size estimation in terms of value ($M) and volume (M lbs) 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 and end use industry, product type, 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 end use industries, product type, 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 end use industry (industrial processing, electrical and electronics, automotive and aerospace, construction, healthcare, and others), product type (PTFE, FEP, PVDF, PVF, fluoroelastomer, 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?
Read the full report: https://www.reportlinker.com/p06177949/?utm_source=GNW
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