Fluoropolymer Films Market Global Analysis, Industry Key Players | 3M, Evonik Industries, DowDuPont, Chemrous Company, DAIKIN Industries Ltd.

Market Scenario:

The global fluoropolymer films market is likely to expand at a significant CAGR during the forecast period (2018-2023) owing to the growing electrical and electronics industry globally, asserts market Research Future (MRFR). Fluoropolymer films are made of complex base materials offering weather resistance, high chemical resistance, optical properties, low coefficient of friction, dielectric properties, and others. Such properties make it suitable for several end-use industries like aerospace, construction, pharmaceutical, electrical & electronics, automotive, and renewable energy.

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Top 10 Key Players:

3M
DowDuPont
Evonik Industries
DAIKIN Industries Ltd.
Chemrous Company
DUNMORE Corporation
Polyfon Technology Ltd.
Saint-Gobain S.A.
Textiles Coated International
ASAHI GLASS CO. LTD.
NITTO DENKO CORPORATION
Honeywell International Inc
Guarniflon S.p.A.
CHUKOH CHEMICALS INDUSTRIES, LTD.
J.V. Corporation

Market Drivers and Growth Factors:

Fluoropolymer is extensively used in fuel tubes for vehicles, wires, and cables, mold release for microphones, semiconductor tube parts, roofing material, solar cells, photovoltaic module, cap liner, and others. With the rapidly increasing electrical and electronic industry worldwide, the global market for fluoropolymer is likely to expand during the forecast period. Increasing demand for personal devices like smartphones, television, smartwatches, wearable devices, and home appliances is predicted to foster the market growth over the assessment period. Moreover, growing investment in commercial and residential construction activities in the developing economies along with improving living standard of the consumers is propelling the market growth over the years.

Latest Industry News:

A nanostructured gate dielectric is the most significant obstacle to expanding the use of organic semiconductors for thin-film transistors. Composed of a fluoropolymer layer followed by a nanolaminate made from two metal oxide materials, the structure serves as gate dielectric and protects the organic semiconductor which was previously vulnerable to damage from the ambient environment, even underwater.

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Segmentation:

By mode of type, the global fluoropolymer market has been segmented into ethylene tetrafluoroethylene (ETFE), polychlorotrifluoroethylene (PCTFE), perfluoroalkoxy alkane (PFA), fluorinated ethylene propylene (FEP), polyvinylidene difluoride (PVDF), polytetrafluoroethylene (PTFE), and others. Among these, the PTFE segment holds the highest share in the market and is predicted to maintain its dominance during the assessment period due to their application in electrical and electronics, chemical processing, and other end-user industries.

By mode of application, the market has been segmented into renewable energy, pharmaceuticals, automobile, aerospace, electrical & electronics, packaging & specialty films, construction, and others. Among these, the construction segment holds a significant share and is anticipated to maintain its dominance over the forecast period. Fluorine-based organic polymer films are extensively used in construction applications like anti-graffiti coverings, water-repellent architectural fabrics, protection against extreme corrosion, cracking, fading, and others. The product is high in demand due to its characteristics such as weatherability, flame retardancy, thermal stability, etc.

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This release was published on openPR.