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What Are The Factors Driving The Fluoropolymer Additives Market Trends By 2025? | Solvay, 3M, Dupont, Daikin Industries, Ltd., Gujarat Fluorochemicals Limited, Asahi Glass Co., Ltd.
Fluoropolymers Additives Market
Fluoropolymers Additives Market size is set to surpass USD 1.9 billion by 2025; according to a new research report by Global Market Insights, Inc.
Increasing demand for light weight thermoplastics as substitutes for metals and increasing demand for innovative architectural coatings in infrastructure development should stimulate fluoropolymers additives market growth. These materials offer exceptional heat & chemical resistance, high tensile strength and low coefficient of friction which enhances the performance of end use applications such as coatings, insulation wires & coaxial cables. Rising investments in buildings & construction and growth in demand for lightweight plastics in automotive is further expected to fuel the market demand.
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Polytetrafluoroethylene is utilized in several end use industries such as automotive, consumer electronics and semiconductor industries pertaining to its superior thermal stability, low maintenance cost, corrosion and weather resistance nature. Rising demand for high performance polymers in industrial, transport and electronics industries are likely to boost the fluoropolymers additives market demand. Additionally, rapid expansion of automotive industry and increasing demand for lightweight automotive materials will further boost market growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. DuPont
2. Daikin Industries, Ltd.
3. Solvay
4. Shamrock Technologies, Inc.
5. Fluorogistx CT LLC
6. Micro Powders, Inc.
7. Gujarat Fluorochemicals Limited
8. Asahi Glass Co., Ltd.
9. Chenguang Research Institute of Chemical Industry
10. REPROLON
11. Maflon SpA
12. 3M
13. KITAMURA LIMITED
14. Laurel Products, LLC
U.S. fluorinated ethylene propylene (FEP) fluoropolymers additives market demand should record gains of about 6.5% by 2025. These products find applications in industrial machines & equipment and automotive industries owing to their high electrical property, chemical inertness and reduction in carbon dioxide emission thereby contributing to environment protection. Rising demand for melt processable thermoplastics in several end use industries will boost the fluorinated ethylene propylene regional market growth.
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UK PTFE based fluoropolymers additives market from lubricant & grease applications was valued at over USD 2.5 million in 2018. These products provide improved performance of lubricants, maximized surface areas and low co-efficiency of friction of synthetic solids. Rising automotive production and rising manufacturers inclination towards setting up blending plants along with research & development centers across Eastern European countries may enhance lubricants demand further optimize the market growth.
China PFA based fluoropolymers additives market from coatings application may expect gains at above 5.5% pertaining to its exceptional corrosion resistance and abrasion resistance. PFA coatings offer chemical resistance and effective non-stick properties. These products have high impact resistance at elevated temperatures thereby ensuring long durability of end products. Rising infrastructural investments and booming building & construction industry should accelerate the industry growth.
Maflon SpA, Daikin Industries, Shamrock Technologies, Micro Powders, 3M, and Solvay are the key market players catering in the industry. Manufacturers are engaged in strategic mergers & acquisitions to improve their global presence and enhance product portfolio. Companies are engaged in escalating their collaboration network to develop innovative products which is likely to stimulate fluoropolymers additives market growth.
Browse key industry insights spread across 190 pages with 276 market data tables & 26 figures & charts from the report, “Fluoropolymers Additives Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/fluoropolymer-additives-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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