openPR Logo
Press release

High Performance Fluoropolymers Market | Key players operating in the market include Daikin Industries, 3M, Solvay, AGC, The Dongyue Group

10-14-2021 11:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

High Performance Fluoropolymers Market, Fluoropolymer Market, PTFE Market, PVDF Market, FEP Market, Fluoroelastomers Market

High Performance Fluoropolymers Market, Fluoropolymer Market, PTFE Market, PVDF Market, FEP Market, Fluoroelastomers Market

According to recent market research "High Performance Fluoropolymers Market by Type (PTFE, FEP, PFA/MFA, ETFE), Form (Granular, Fine Powder & Dispersion), End-use Industry (Industrial Processing, Transportation, Electrical & Electronics, Medical), and Region - Global Forecast to 2025", The high performance fluoropolymer (HPF) market is projected to grow from USD 3.1 billion in 2020 to USD 4.3 billion by 2025, at a CAGR of 7.0% during the forecast period. The growth of the high-performance fluoropolymer industry can be attributed to its high demand from various end-use industry and growing demand from renewables.

Browse 119 market data Tables and 42 Figures spread through 166 Pages and in-depth TOC on "High Performance Fluoropolymers Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/fluor-polymer-market-497.html

PTFE is the most widely used type of HPF and accounted for the largest market share. There is an increase in the use of dispersion and fine powder PTFE, for various applications, especially in North America and APAC. It is used in a wide range of applications such as semiconductor, automotive components, electrical appliances, and non-stick cookware. The growing applications in the electrical & electronics industry are expected to trigger the demand for PTFE, especially in advanced batteries and fuel cells.

HPF market is segmented into various forms such as suspension/granules, Fine powder & dispersion, and micropowder. HPFs in the form of suspension/granules dominate the market. HPFs exhibit excellent properties, such as good insulation, low surface energies, and high resistance to oils, UV radiation, chemicals, water, and corrosion. Granular fluoropolymers are processed by compression and sintering to make parts directly or to make billets suitable for machining. HPFs in the form of granules are ideal for manufacturing high-performance mechanical/electrical products requiring excellent end-use performance such as skived tapes, films, sheets, machined gaskets, expansion joints, bellows, piston rings, and diaphragms. Suitability of granular form of HPFs in the manufacturing of various components is a major reason for the large market size.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=497

The global high-performance fluoropolymers (HPF) market size is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.3 billion by 2025, at a CAGR of 7.0%, between 2020 and 2025. HPF is used mainly in industrial processing, transportation, electrical & electronics, and medical, among others. It is used for manufacturing various products such as coatings, films, membranes, tubes, wire & cable, seals, gaskets, liner, mechanical parts, and many others in these industries. High chemical & temperature resistance, excellent dielectric properties, and lightweight are some of the characteristics owing to which the demand for high performance fluoropolymers is high in industrial processing segment.

The key players in the HPF market are The Chemours Company (US), Daikin Industries, Ltd. (Japan), 3M (US), Solvay SA (Belgium), AGC (Japan), The Dongyue Group (China), Gujrat Fluorochemicals Ltd. (India), Halopolymer OJSC (Russia), and Hubei Everflon polymer (China). Expansion is the key growth strategy adopted by key HPF manufacturers. Apart from this, acquisition and new product launch are other strategies adopted by manufacturers between 2015 and 2020.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=497

AGC (Japan) was one of the key players in the HPF market in 2019. It is primarily engaged in the production and marketing of glass, electronic materials, chemicals, and ceramics globally. It has 210 subsidiaries and has a presence in 30 countries across APAC, Europe, North America, South America, and the Middle East & Africa. It has a strong foothold across the APAC region, contributing around 70% of the group’s revenue. The company has adopted organic growth strategies to increase its market share and revenue. For example, in February 2019, the company launched FEP high performance fluoropolymer under its brand AFLAS. This polymer is used majorly in automotive underhood component systems and can withstand an operating temperature of 392OF.

The Chemours Company is one of the leading providers of performance chemicals. It is a pioneer in the fluoropolymers products and has renowned brands, namely, Teflon, Zonyl, and Tefzel, have acquired a significant share in the market. The company has been focusing on organic strategies to maintain its competitive position in the HPF market. In July 2016, the company opened a new Teflon finishes plant at Chemours’ Changshu Works site in Changshu (Jiangsu), China. This expansion was aimed at enhancing the production of various fluoroproducts to cater to the growing demand for HPF in Asia Pacific.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/fluoropolymers.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/fluor-polymer-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
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 High Performance Fluoropolymers Market | Key players operating in the market include Daikin Industries, 3M, Solvay, AGC, The Dongyue Group here

News-ID: 2428749 • Views: 263

More Releases from MarketsandMarkets

Global In-Wheel Motor Market to Grow at a CAGR of 40.3%.
According to the new market research report "In-Wheel Motor Market by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle Type (PC & CV), Motor (Axial & Radial), Cooling (Air & Liquid), Power Output (Up to 60 kW, 60-90 kW & Above 90 kW), Vehicle Class, Motor Weight, and Region - Global Forecast to 2026", Published by MarketsandMarkets™, Global In-Wheel Motor Market is projected to grow at a CAGR of 40.3% during
Liquid Ring Vacuum Pumps Market worth $2.4 billion by 2026 | Key players Busch V …
According to recent market research "Liquid Ring Vacuum Pumps Market by Type (Single-stage, Two-stage), Material Type (Stainless Steel, Cast Iron, Others), Flow Rate (25 – 600 M3H; 600 – 3,000 M3H; 3,000 – 10,000 M3H; Over 10,000 M3H), Application, and Region - Global Forecast to 2026", size was USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2026, at a CAGR of 5.5% from 2021
Antimicrobial Powder Coatings Market | Key players operating in the market inclu …
According to recent market research "Antimicrobial Powder Coatings Market by Additive Type (Silver, Zinc, Copper & Others), End-use Industry (Medical & Healthcare, Appliances, HVAC, Food Equipment, General Industry, Transportation, Fitness Equipment), & Region - Global Forecast to 2025", The global antimicrobial powder coatings market size is projected to grow from USD 1.5 billion in 2020 to USD 2.7 billion by 2025, at a CAGR of 12.0%. There has been an
Automotive Turbocharger Market worth $19.2 billion by 2026| MarketsandMarkets
According to the new market research report "Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Fuel Type, Application (Agriculture, Construction), Vehicle (Passenger Car, LCV, Truck & Bus), Aftermarket and Region - Global Forecast to 2026", Published by MarketsandMarkets™, The Automotive Turbocharger Market is projected to reach USD 19.2 billion by 2026 from USD 11.8 billion in 2021, at a CAGR of 10.2%. Browse in-depth TOC on “Automotive

All 5 Releases


More Releases for HPF

Global High-performance Film (HPF) Market Forecast to 2025 : 3M, Covestro AG, Ho …
ResearchMoz presents Professional and In-depth Study of "Global High-performance Film (HPF) Market Insights, Forecast to 2025" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' This report researches the worldwide High-performance Film (HPF) market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global High-performance Film
High-performance Film (HPF) Market to 2025 –Global Market Size, Development St …
WiseGuyReports.Com Publish a New Market Research Report On –“ High-performance Film (HPF) Market to 2025 –Global Market Size, Development Status, Top Manufacturers, and Forecasts”. This report studies the global High-performance Film (HPF) market status and forecast, categorizes the global High-performance Film (HPF) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast
Global High-performance Film (HPF) Market Professional Survey, Growth, Trends an …
"The Report Global High-performance Film (HPF) Market Professional Survey Report 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About High-performance Film (HPF) Market The global High-performance Film (HPF) Market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2017 and
Global High-performance Film (HPF) Market Parameters and Prospects 2018
A recent industry assessment report on the High-performance Film (HPF) market applies qualitative and quantitative research techniques to probe into the complete business scenario of the High-performance Film (HPF) market for the forecast period 2018 - 2025. The study churns out some real-time data and offers enough information on the estimated market size, growth, and share to the stakeholders, field marketing personnel and product owners planning to multiply profitability and
Global High-performance Film (HPF) Sales Market Size, Overview and Forecast Repo …
A fresh report has been added to the wide database of Market Research Hub (MRH) titled “Global High-performance Film (HPF) Sales Market Report 2018” which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of XX% during 2018-2025. The report studies the High-performance Film market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India,
High-performance Film (HPF) Market 2017 - Solvay S.A., DOW Chemical Company, Ame …
Apex Research, recently published a detailed market research study focused on the "High-performance Film (HPF) Market" across the global, regional and country level. The report provides 360° analysis of "High-performance Film (HPF) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global High-performance Film (HPF) industry, and estimates the future trend of High-performance