PTFE to remain the largest product segment in fluoropolymers market to account for US$ 11472.6 Mn by 2025
Market Drivers and Restraints
Global fluoropolymer market is majorly driven by growing consumption of fluoropolymers by industrial processing, automotive and electrical & electronics industries across the globe. Apart from this, rapid replacement of conventional materials used in high performance applications is poised to drive demand for fluoropolymers across the globe. Moreover, demand for fluoropolymers in lightweighting applications is anticipated to boost the global fluoropolymer market growth during the forecast period. High costs and fluctuations in fluoropolymer prices might hamper growth of the global fluoropolymers market to some extent.
A sample of this report is available upon request@https://www.futuremarketinsights.com/reports/sample/rep-gb-453
The global fluoropolymer market has been segmented on the basis of product type, end-use industry and geography.
By product type, the global fluoropolymer market is segmented into polytetrafluoroethylene (PTFE), polyvinyl fluoride (PVF), polychlorotrifluoroethylene (PCTFE), polyvinylidene difluoride (PVDF), fluorinated ethylene propylene (FEP), perfluoroalkoxy polymer (PFA) and other. Among these segments, polytetrafluoroethylene (PTFE) accounted for approximately 41.9% of global value market share in 2014. The segment is expected to dominate the global fluoropolymer market throughout the forecast period, exhibiting a CAGR of 5.4% between 2015 and 2025. The polyvinylidene difluoride (PVDF) segment accounted for 16.2% of the market value share in 2014 and is expected to increase at a CAGR of 5.2% during the forecast period, owing to its increasing consumption by electronics and aerospace industries for insulation and coatings. The fluorinated ethylene propylene (FEP) segment accounted for approximately 14.6% of the global value market share in 2014, and is expected to account for 14.7 % share by 2025.
By end use industry, the global fluoropolymer market has been segmented into automotive & aerospace, industrial processing, healthcare, electrical & electronics, construction and others. Industrial processing segment dominated the global fluoropolymer market and was valued at US$ 1,797.9 Mn in 2014. Furthermore, the industrial processing segment is estimated to account for share of 28.0% of overall fluoropolymer market value by 2015 end, closely followed by electrical & electronics accounting fornearly 23.31% share. Growing demand for fluoropolymers due to its rising usage in various automotive and electronics applications such as bearing separators, valve balls, gaskets, O-rings, electrical insulation and flexible printed circuits is expected to further propel demand for fluoropolymers in automotive and electrical & electronics end use segments. Also, the scope of other end use industries segment for fluoropolymers is expected to expand in the near future due to increasing usage of fluoropolymers in emerging applications such as waterproof clothing, non-stick cookware and dental filling.
Geography-wise, Asia Pacific Excluding Japan (APEJ) dominated the global fluoropolymer market in 2014, accounting for 41.1% revenue share in 2014. The market in the region is also expected to exhibit the highest CAGR of 5.9% during the forecast period.
Request report Toc@ https://www.futuremarketinsights.com/askus/rep-gb-453
Major players considered in the global fluoropolymer market are 3M Company, DuPont Company, BASF, Daikin Industries Limited, Dongyue Group Ltd., Arkema Group, Solvay Chemicals Inc., AGC Group, Honeywell International Inc., Saint Gobain S.A, Gujarat Fluorochemicals Ltd., Hindustan Fluorocarbons Limited, Kureha Corporation, Halopolymer OJSC and Shanghai 3F New Material Co., Ltd
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PTFE to remain the largest product segment in fluoropolymers market to account for US$ 11472.6 Mn by 2025 here
News-ID: 1182860 • Views: 115
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for PTFE
Aqueous Dispersion PTFE Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Aqueous Dispersion PTFE Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-aqueous-dispersion-ptfe-market_p129595.html Scope of the Report: The worldwide market for
Global Polytetrafluoroethylene (PTFE) Films Market Sizes 2019
The report represents the statistical data in the form of tables, charts, and info-graphics to assess the market, its growth and development, and market trends of the global Polytetrafluoroethylene (PTFE) Films market during the projected period. QY Research has used a framework of primary and secondary research to make this report a full-proof one. Request Sample Report and Full Report TOC: : https://www.qyresearch.com/sample-form/form/989845/global-polytetrafluoroethylene-ptfe-depth-research-report The following manufacturers are covered: 3M AGC Chemicals Daikin DuPont Saint-Gobain Solvay Fiberflon Gujarat Fluorochemicals HaloPolymer Trelleborg Sealing Solutions Whitford Segment
PTFE Powder Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/ptfe-powder-market/79521 PTFE Powder Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the PTFE Powder basics: definitions, classifications, applications and market overview; product specifications;
Innovation Benchmarking in PTFE Glass Fabric Market
PTFE glass fabric consists of PTFE resin, which is coated on the woven glass fiber. PTFE glass fabric possesses high dielectric strength and provides high resistance to wear. It also provides resistance to almost every solvent and chemical product, including acid and basic solutions. PTFE glass fabric maintains its stability, flexibility, and adhesiveness at temperatures ranging from -73°C to 260°C. It provides properties such as low coefficient of friction, dimensional
Micronized PTFE Market : Sales of virgin-sourced micronized PTFE to Reach 50,000 …
Virgin-sourced micronized PTFE is expected to remain dominant in the global market, in terms of volume. Sales of virgin-sourced micronized PTFE will reach nearly 50,000 MT by 2025-end. Demand for recycled-sourced micronized PTFE will remain sluggish in the market during the forecast period, owing to its limited usability, inferior quality, and environmental issues. Micronized PTFE will witness the highest demand for application in Ink, expanding at 7.3% CAGR through 2025, in
Global PTFE Tapes Market Research Report 2016
This report studies PTFE Tapes in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering TESA Chemours 3M Seal Tape Oatey SSP Corporation Electro Tape Specialties, Inc. J.C. Whitlam Manufacturing Co. Selco TECHNETICS GROUP. RectorSeal Get Sample of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=854226&type=E Table of Contents Global PTFE Tapes Market Research Report 2016 1 PTFE Tapes Market Overview 1.1 Product Overview and Scope of PTFE