Press release
Fluorine Carbon Coatings Market to Flourish with an Impressive CAGR During 2017 - 2025
Over time, the coating industry has significantly upgraded to fulfill product specific demands for protection from various hazardous factors. Strong research and development and effective manufacturing capability have enabled manufacturers to develop products that answer specific chemical requirements for protection of different types of materials. Fluorine carbon coatings are protective coatings that offer corrosion resistance, chemical resistance, resistance to weathering and low friction along with non-stick properties.
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Fluorine carbon coatings find applications in various end use industries, including construction, chemical, and in the manufacturing of products, such as kitchenware. Favourable chemical characteristics make fluorine carbon based coatings a preferred choice in the kitchenware industry. The market for fluorine carbon coatings is expected to witness stable growth in demand over the forecast period. Carbon fibers and composite materials are increasingly being used in a wide variety of applications and further application of fluorine carbon coatings helps them gain unique properties, such as non-stick and low friction.
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Global Fluorine Carbon Coatings Market: Dynamics
From a macro-economic perspective, strong economic growth is a prominent driver affecting the consumption pattern of products, such as fluorine carbon coatings, depending upon the performance of various end use sectors. Growth in the end use industry will be a major factor driving the demand for fluorine carbon coatings. Favourable properties offered by fluorine carbon coatings make them a preferred choice in a variety of applications. The market for fluorine carbon coatings will witness significant investment in research and development, where manufacturers will be seen focusing on developing different formulations – each designed to satisfy a need from a certain range of application. The fluorine carbon market will remain vulnerable to the presence of stringent regulations with regards to VOC emissions, which has significantly affected the coatings industry over time.
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Global Fluorine Carbon Coatings Market: Segmentation
The fluorine carbon coatings market can be segmented on the basis of polymer type and application.
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