Global High-Performance Fluoropolymer Market is valued approximately USD 4.0 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.70 % over the forecast period 2019-2026. Fluoropolymers are fluorocarbon-based polymers, which comprises of multiple strong carbon-fluorine bonds and are characterized by high resistance to solvents, acids and bases. Also, fluoropolymers find applications in various sectors such as aircraft, automotive, semiconductor and IT among other common household appliances. Robust growth in PV installation and high demand in the end-use industries are key driving forces of the market growth. For Instance: as per the GreenTechMedia in July 2019, Global solar PV installation will reach a new high of 114.5 gigawatts in 2019, an increase 17.5 % percent over 2018. Furthermore, emerging markets for met-processable fluoropolymers is expected to create significant growth opportunity in the market over the forecast period. However, high cost of HPFS in comparison to other conventional materials impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global High-Performance Fluoropolymer market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increased use of high-performance fluoropolymers in electrical and medical industries and presence of large number of end-use industries such as transportation, electronics & electrical and industrial processing. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as high investment in R&D activities to develop advanced products to cater to the requirements would create lucrative growth prospects for the High-Performance Fluoropolymer market across Asia-Pacific region.
Major market player included in this report are:
The Chemours Company
Asahi Glass Co., Ltd.
Daikin Industries, Ltd
The 3M Company
Dongyue Group Ltd
Solvay S.A.
Halopolymer OJSE.
Hubei Everflon Polymer Co., Ltd.
Saudi Basic Industries Corporation (SABIC)
Shanghai 3F New Materials Company Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
PTFE
FEP
PFA/MFA
ETFE
Others
By End-User Industry:
Industrial Processing
Transportation
Electrical & Electronics
Medical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global High -Performance Fluoropolymer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on High-Performance Fluoropolymer . Industry analysis & Market Report on High-Performance Fluoropolymer is a syndicated market report, published as Global High-Performance Fluoropolymer Market to reach USD 6.72 billion by 2026.. It is complete Research Study and Industry Analysis of High-Performance Fluoropolymer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.