Press release
Fluoropolymer Film Market Globally Expected to Drive Growth through 2026
Fluoropolymer Film Market – Drivers and Restraints
The global Fluoropolymer film market is projected to grow at a significant CAGR over the forecast period owing to the increasing demand of the Fluoropolymer film from various industries such as automotive, electrical and electronics and construction. The Fluoropolymer film possesses unique properties over other conventional films such as excellent weathering resistance, mechanical properties and inertness towards staining agents, solvents and chemicals; which increases the demand of fluoropolymer film and boost the growth of the global Fluoropolymer film market. The rapidly growing industrialization in emerging economies such as China and India generate demand of the Fluoropolymer film market and drives the growth of the global Fluoropolymer film market.
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However, the price of the fluoropolymer film is high as compared to the conventional plastic films which may hamper the demand of the fluoropolymer film and restrain the growth of the global fluoropolymer film market.
Fluoropolymer Film Market – Segmentation
The global Fluoropolymer film market is segmented on the basis of type, applications and region.
On the basis of type, the global Fluoropolymer film market is segmented as follows:
Polytetrafluoroethylene (PTFE)
Polyvinylidene Fluoride (PVDF)
Fluorinated Ethylene Propylene (FEP)
Ethylene tetrafluoroethylene (ETFE)
Polychlorotrifluoroethylene (PCTFE)
Others
On the basis of applications, the global Fluoropolymer film market is segmented as follows:
Automotive & Transportation
Electrical & Electronics
Chemical Processing
Building & Construction
Industrial Equipment
Others
Fluoropolymer Film Market – Region Wise Outlook
The global fluoropolymer film market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ is the leading region in the global Fluoropolymer film market in terms of revenue and volume, owing to the increasing demand of fluoropolymer film from the growing industrialization. The North America contributed the second highest market shares to the global Fluoropolymer Film market followed by APEJ. The Western Europe and Japan are expected to register a stagnant growth rate due to the saturated market of end users. Latin America and Eastern Europe are projected to anticipate the moderate CAGR over the forecast period. MEA is at a nascent stage in the global fluoropolymer film market and expected to anticipate the lucrative growth over the forecast period due to increasing adoption rate of high technology fluoropolymer film. Overall, the global fluoropolymer film market is expected to grow at a decent growth rate over the forecast period 2016 to 2026.
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Fluoropolymer Film Market – Key Players
The key players of the global Fluoropolymer Film Market are as follows:
3M Company
Du Pont De Nemours and Company
Daikin Industries Ltd
Arkema Group
Honeywell International Inc.
Gujarat Fluorochemicals Limited
Kureha Corporation
Solvay SA
Shanghai 3F New Material Co Ltd
Dongyue Group Limited
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