Fluoropolymer Films Market future trends to 2024 key players The Chemours Company, DUNMORE, DAIKIN Industries Ltd, Polyflon Technology Ltd., Saint-Gobain S.A.,3M, Asahi Glass Co., SKC Corporation, Kureha Corporation

With the recent spike in raw material demand and supply, chemical manufacturers have been upscaling their production strategies to involve high-grade tech developments. In this regard, fluoropolymer film market players have also been brought about high-cost technologies to be incorporated in the end product, that have been conceived via complex production methodologies. While this has proved to be lucrative for product sales, it has hindered the growth of fluoropolymer film industry to an extent. That is to say, new entrants have been finding it difficult to adopt the latest, exorbitant, patented manufacturing technologies. This is rather overt from the observation that in 2016, fluoropolymer film market was found to be quite price competitive.

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Arkema’s decision of raising its fluoropolymer prices has lately been monopolizing all the attention in fluoropolymer film market. Keeping in line with the rising upsurge in raw material costs, Arkema recently announced that effective 1st April 2019, the company will increase the costs of its Kynar® fluoropolymer product ranges by 6% to 9% across the Asia Pacific. The price increase is also being attributed to the numerous investments that the fluoropolymer film market firm has made in compliance, capacity expansions, and research & development programs.

Arkema’s decision on the price surge is just one of the many instances that major participants in fluoropolymer film industry have been adopting of late. The change comes along the lines of the shift in strategy adoption in the major industrial spheres. Globally reputed manufacturers have been working toward producing value-added solutions that are highly customized to suit the consumer’s tastes and requirements. Endowed with an application base inclusive of construction, pharmaceuticals, transportation, industrial processing, and more from the big league, fluoropolymer film market has also evolved to be a consumer-centric business in the recent years.

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Fluoropolymers are noted for their exceptional abilities such as thermal stability, flame retardancy, weatherability – effectively, all the characteristics playing a vital role in ensuring strong and efficient construction. It thus, goes without saying that construction will account for a major proportion in fluoropolymer film market share. Fluorine-based organic polymers are widely used for the manufacturing of anti-graffiti coverings, corrosion protection material, fiberglass composites, water-repellent architectural fabrics, and more.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3M
2. The Chemours Company
3. DAIKIN INDUSTRIES, Ltd.
4. Arkema Group
5. Kureha Corporation
6. Saint-Gobain S.A.
7. Honeywell Corporation
8. Asahi Kasei Corporation
9. Polyflon Technology Ltd.
10. Fluortek AB
11. DUNMORE
12. SKC Corporation
13. DeWAL Industries Inc.
14. Solvay S.A.

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Given that the construction domain is one of the most lucrative end-use sectors of fluoropolymer market, the APAC zone subsequently stands as one of the most remunerative growth grounds for fluoropolymer film industry. India and China, two of the most progressive nations of the APAC, are expected to be the most prominent revenue grounds for the expansion of fluoropolymer film market in the Asia Pacific. This can be mainly attributed to the flourishing construction sector across these countries.

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