Press release
Fluoropolymer Films Market Is Growing Rapidly | AGC Chemicals, The Chemours Company, 3M, Arkema, Saint-Gobain, Honeywell, Dumore, SKC Corporation, Roger corporation, Solvay
Graphical Research has launched a report on fluoropolymer films market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.Blister packaging is likely to be a key application area for the next generation fluoropolymer films being developed by leading market players. Saint-Gobain, 3M, AGC Chemicals Americas, Dumore Corporation, Roger corporation, Arkema Group, Solvay Inc., Honeywell Corporation, and Daikin Group are some top manufacturers of fluoropolymer films.
The following eight major trends have been serving as enablers for the global fluoropolymer films market outlook:
Increased utilization in electronics in Asia Pacific
The Asia Pacific fluoropolymer films market forecast is expected to soar, thanks to the growing utilization of these films in the manufacturing of electronic products in the region. Electrical applications such as high temperature insulation tapes used in cable or wire wrapping and circuit board laminates utilize fluoropolymer films.
Access sample pages of the report, “APAC Fluoropolymer Films Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1571/sample
ETFE foils or films are specifically being used as release films across electronics as they retain extraordinary release capabilities and moderate cushioning even at high temperatures.
Medical & healthcare sectors to favor expansion
The medical & healthcare industry in Asia Pacific has been registering an escalating demand for PCTFE films due to their improved capability as an ideal lamination solution. A wide range of substrates such as PVC, polyethy-lene-terephtalate glycol (PETG), and amorphous polyethylene terephthalate (APET) are being utilized for pharmaceutical packaging.
The properties of these substrates are suitable in barrier films as well as packaging of medical devices and components that are corrosion sensitive.
Focus on research & development in Asia Pacific
The solar, construction, electrical & electronics, and pharmaceutical industries in the region have been contributing toward the expansion of the Asia Pacific industry for fluoropolymer films. These industries have been focusing on R&D activities for further technological advancement and innovation, particularly in PVDF, for replacing other plastics and metals.
For instance, Arkema, a global chemical company has been making significant investments toward the development of PVDF capacity across the emerging economies in the region.
Automotive industry to generate product demand
The automotive industry in Asia Pacific has been pushing the demand for fluoropolymer films due to the escalating demand for enhanced mobile solutions, coupled with the spiraling adoption of electric vehicles. The rise in the spending capacity of the consumers in the region has been creating substantial opportunities for the sale of high-end and high-performance vehicles that feature visually pleasing exteriors.
As fluoropolymer films are leveraged across several automotive parts such as rocker panels, roofing strips, bodyside moldings, pillars, mirror housings, tail lamp bumpers, and front & rear bumpers, they are likely to make significant headway in terms of revenue generation.
Robust demand across industrial processing in North America
The industrial processing application segment represented a share of over 40% of the total North America fluoropolymer films market share during 2019 and is poised for further growth. The associated advantages such as high UV resistance, improved ability to transmit solar light, and outdoor durability of these films is expected to induce higher demand through 2026.
Access sample pages of the report, “North America Fluoropolymer Films Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1647/sample
The fluoropolymer films market in North America is also likely to progress owing to the superior fire resistance and dielectric performance, which has been increasing the utilization of these films in front sheet glazing and back sheets of PV modules.
Expanding demand for polytetrafluoroethylene in North America
The Europe fluoropolymer films market outlook has been gaining considerably from the expanding demand for polytetrafluoroethylene. Industrial applications are among the primary consumers of the material in the region. The segment accounted for more than 37.3% of the overall North America industry share during 2019 and might garner higher demand by 2026.
Blister packaging to see rising use across America
Due to the considerable increase in the aging population in the region, the growing prevalence of chronic conditions has been generating higher demand for medication. The pharmaceutical packaging industry is certain to emerge as one of the foremost segments of the North America market for fluoropolymer films as they play a vital role in ensuring optimal protection, stability, ad usability of pharma products.
Due to their high suitability across packaging of food products, pharma products, and small consumer goods, blister packaging has emerged as one of the leading applications in the industry.
Pharmaceutical packaging to gain traction in Europe
Fluoropolymer films provide superior mechanical strength when exposed to low temperatures. They adequately meet the requirements of the pharmaceutical industry wherein such biocompatible and physical properties are desirable. The Europe fluoropolymer films industry share is set to augment due to the rising degree of utilization of modified packaging films across sterile packaging, pharmaceutical cap liners, and so on.
Access sample pages of the report, “Europe Fluoropolymer Films Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1608/sample
Rising deployment across construction sector in Europe
The construction sector has been exhibiting high deployment of for the fluoropolymer films in Europe over the past few years. Driven by this trend, the European market was accountable for nearly one-fifth of the total share of the global market share during 2019.
The construction sector in the region has been thriving on account of the improved standard of living of individuals, investor confidence, increased investments in transportation sector, and an increasing number of energy and housing projects in the region.
Contact Us:
Parikhit B.
Corporate Sales,
Graphical Research
Phone: 1-800-986-6917
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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