Fluoropolymer Additives Market Size 2022-2027: Industry Share, Growth, Trends and Forecast

The latest research study "Fluoropolymer Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global fluoropolymer additives market exhibiting a growth rate (CAGR) of 5.80% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

A fluoropolymer represents the polymer with a carbon backbone that contains fluorine to form strong carbon-fluoride bonds. It is used in several industrial verticals to enhance performance by modifying anti-foaming properties, coating formulations, and wetting and dispersing characteristics. Fluoropolymer additives perform well in extremely corrosive environments and high-temperature, owing to their high tensile strength and exceptional resistance to wear, heat, chemicals, etc. They are utilized in polymers, plastics, rubbers, etc., to process film blowing, injection molding, extrusion, etc., and reduce wear and friction. Fluoropolymer additives also exhibit excellent wearability, superior surface protection, and pigment stabilization properties, etc.

Fluoropolymer Additives Market Trends and Drivers:

The growing product utilization across the coating industry to improve foam reduction, wettability, dispersing, anti-chipping, and ultraviolet (UV) protection of the material is primarily driving the fluoropolymer additives market. Additionally, the increasing consumer inclination towards environmentally friendly products and the rising investments by government bodies to promote infrastructural development are further catalyzing the market growth.

Besides this, the inflating need for flexible packaging solutions and numerous technological advancements are augmenting the use of fluoropolymer additives in the manufacturing of printing inks, on account of their low coefficient of friction and chemical resistant properties, which is acting as another significant growth-inducing factor.

Moreover, the widespread adoption of these additives to reduce dye build-ups, minimize sharkskin defects, enhance yield, etc., is positively influencing the global market. Apart from this, the escalating demand for lightweight thermoplastics is projected to fuel the fluoropolymer additives market in the coming years.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product:
• Polytetrafluoroethylene (PTFE) Micropowders
• Fluorinated Ethylene Propylene (FEP) Micropowders
• Perfluoroalkoxy (PFA) Micropowders
• Others

Breakup by Application:
• Printing Inks
• Coatings
• Lubricants and Grease
• Thermoplastics and Elastomers
• Others

By Geography:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, •Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, •Spain, Russia, Others)
•Latin America (Brazil, Mexico, Others)
•Middle East and Africa

List of Major Key Players:

The major players in the market are 3M Company, AGC Inc., Chenguang Research Institute of Chemical Industry, Daikin Industries Ltd., Fluorogistx, Gujarat Fluorochemicals Limited, Laurel Products LLC, Maflon S.p.A., Reprolon Texas, Shamrock Technologies and Solvay S.A.

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