Fluoropolymer Market Worth Nearly $8.8 Billion by 2022 Says Acumen Research and Consulting Experts

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Fluoropolymer Market (Type: Polyvinylidene Fluoride (PVDF), Fluoroelastomers, Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Others; Application: Automotive and Transportation, Building and Construction, Electricals and Electronics, Industrial Processing, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022”, estimated that the global fluoropolymer market is anticipated to witness a significant growth, at a CAGR of around 5.9% during the period from 2016 to 2022 and reach the market value of around $8.8 billion in 2022. In terms of volume, the fluoropolymers market is expected to reach over 475 kilo tons in 2022, at a CAGR of 5.1% during the same analysis period. The global fluoropolymers market is witnessing growth, owing to the growth in key industries such as electrical & electronics, and automotive and aerospace and defense. Also, growing demand for fluoropolymers from Asia-Pacific and increasing industrial applications of fluoropolymers are further anticipated to spur the market growth. Furthermore, robust growth in PV installations and increasing infrastructure development offers ample of new opportunities in the global fluoropolymers market.

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Geographically, Asia-Pacific dominated the global fluoropolymers market in 2015 with over 40% share in terms of volume, and is expected to retain its dominance throughout the forecast period. China is expected to lead the growth in Asia-Pacific and account for significant share followed by India and rest of Asia-Pacific countries. In 2015, China consumed 74.5 kilotons of fluoropolymers for different applications and the total consumption is expected to reach more than 100 kilotons by 2022. Asia-Pacific fluoropolymers market is driven by increasing base of chemical and pharmaceuticals industries, rapidly growing automotive sector in the region and huge investment in infrastructure development. Additionally, increasing per capita income and rising standard of living are allowing consumers to spend more on better housing, automobiles and electric instruments.

North America was the second largest market in terms of value and volume in 2015. The region is witnessing significant demand for fluoropolymers from a broad range of industries such as automobiles, construction and electrical and electronics making it a frontrunner in the consumption of fluoropolymer. In 2015, the U.S. dominated the North American fluoropolymers market, accounting for almost 90% share in overall consumption. Overall, the North American fluoropolymer is expected to grow steadily during the forecast period.

The global fluoropolymer market is classified based on type, application, and geography. Based on the type of fluoropolymer, the market is categorized into polyvinylidene fluoride (PVDF), fluoroelastomers, polytetrafluoroethylene (PTFE), fluorinated ethylene propylene (FEP), and other fluoropolymers. The major application areas of fluoropolymers include automotive & transportation, building & construction, electrical and electronics, industrial processing, and others. The major geographies covered under the report scope include North America, Europe, South America, Asia-Pacific, and Rest of the World (Latin America, Middle East and Africa). Each of these regional markets are further analyzed by major countries in the region.

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Based on the fluoropolymer type, polytetrafluoroethylene (PTFE) led the market in 2015 and accounted for the share of around 51% and 61% in terms of revenue and volume respectively. This segment is expected to maintain its leading position throughout the analysis period. In terms of application, electrical and electronics was the largest revenue generating segment for fluoropolymers, globally. This segment is expected to grow at a CAGR of 6.2% during the period from 2016 to 2022 and reach the market size of more than $2.4 billion by 2022.

The player profiled in the report include Daikin Industries Limited, The Solvay SA, Arkema SA, Dongyue Group Ltd, HaloPolymer OJSC Ltd, E I DuPont de Nemours and Company, Kureha Corporation, AGC Chemicals, 3M Company, Saint Gobain Ltd, Fuxin Hengtong Fluorine Chemicals Co. Ltd., and The Chemours Company among others. Mergers and acquisitions for innovation and new product development and partnership for enhancing product quality are some of the major strategies followed by leading players in this market to sustain market competition.

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Table Of Content

Chapter 1. Research Scope & Methodology

1.1 Market Definition
1.2 Market Scope
1.2.1 Market By Type
1.2.2 Market By Application
1.2.3 Market By Region
1.3 Research Methodology And Sources

Chapter 2. Executive Summary

2.1 Key Findings
2.2 Research Summary

Chapter 3. Global Fluoropolymer Market Outlook

3.1 Introduction
3.2 Market Driver And Its Impact
3.2.1 Demand From Asia-Pacific
3.2.2 Growing Applications of Fluoropolymers in Different Industries
3.2.3 Growing Number of Industrial Applications Of Fluoropolymers
3.2.4 Impact Analysis Of Drivers
3.3 Market Restraints And Its Impact
3.3.1 Health And Environmental Concerns
3.3.2 Price Volatility Of PTFE
3.3.3 Impact Analysis Of Restraints
3.4 Opportunities
3.4.1 Infrastructure Development
3.4.2 Solar Photovoltaic (PV) Installations

Chapter 4. Global Fluoropolymers Market Analysis, By Type

4.1 Global Fluoropolymers Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.2 Global Fluoropolymers Market Revenue And Forecast, 2012 – 2022 ($Million)
4.3 Global Fluoropolymers Market, By Type
4.3.1 Global Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
4.3.2 Global Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
4.3.3 Polyvinylidene Fluoride (PVDF)
4.3.3.1 Global Polyvinylidene Fluoride Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.3.3.2 Global Polyvinylidene Fluoride Market Revenue And Forecast, 2012 – 2022 ($Million)
4.3.4 Fluoroelastomers
4.3.4.1 Global Fluoroelastomers Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.3.4.2 Global Fluoroelastomers Maket Revenue And Forecast, 2012 – 2022 ($Million)
4.3.5 Polytetrafluoroethylene (PTFE)
4.3.5.1 Global Polytetrafluoroethylene Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.3.5.2 Global Polytetrafluoroethylene Maket Revenue And Forecast, 2012 – 2022 ($Million)
4.3.6 Fluorinated Ethylene Propylene (FEP)
4.3.6.1 Global Fluorinated Ethylene Propylene Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.3.6.2 Global Fluorinated Ethylene Propylene Market Revenue And Forecast, 2012 – 2022 ($Million)
4.3.7 Other Fluoropolymers
4.3.7.1 Global Other Fluoropolymers Market Volume And Forecast, 2012 – 2022 (Kilotons)
4.3.7.2 Global Other Fluoropolymers Market Revenue And Forecast, 2012 – 2022 ($Million)

Chapter 5. Global Fluoropolymers Market Analysis, By Application

5.1 Global Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
5.2 Global Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)
5.2.1 Automotive And Transportation
5.2.1.1 Global Fluoropolymer Market In Automotive And Transportation Sector, Volume And Forecast, 2012 – 2022 (Kilotons)
5.2.1.2 Global Fluoropolymer Market In Automotive And Transportation Sector, Revenue And Forecast, 2012 – 2022 ($Million)
5.2.2 Building And Construction
5.2.2.1 Global Fluoropolymer Market In Building And Construction Sector, Volume And Forecast, 2012 – 2022 (Kilotons)
5.2.2.2 Global Fluoropolymer Market In Building And Construction Sector, Revenue And Forecast, 2012 – 2022 ($Million)
5.2.3 Electrical And Electronics
5.2.3.1 Global Fluoropolymer Market In Electrical And Electronics Sector, Volume And Forecast, 2012 – 2022 (Kilotons)
5.2.3.2 Global Fluoropolymer Market In Electrical And Electronics Sector, Revenue And Forecast, 2012 – 2022 ($Million)
5.2.4 Industrial Processing
5.2.4.1 Global Fluoropolymer Market In Industrial Processing Sector, Volume And Forecast, 2012 – 2022 (Kilotons)
5.2.4.2 Global Fluoropolymer Market In Industrial Processing Sector, Revenue And Forecast, 2012 – 2022 ($Million)
5.2.5 Others
5.2.5.1 Global Fluoropolymer Market In Other Applications, Volume And Forecast, 2012 – 2022 (Kilotons)
5.2.5.2 Global Fluoropolymer Market In Other Applications, Revenue And Forecast, 2012 – 2022 ($Million)

Chapter 6. Global Fluoropolymers Market, By Geography

6.1 Global Fluoropolymers Market, By Geography
6.1.1 Global Fluoropolymers Market Volume And Forecast, By Geography, 2012 – 2022 (Kilotons)
6.1.2 Global Fluoropolymers Market Revenue And Forecast, By Geography, 2012 – 2022 ($Million)
6.2 North America Fluoropolymers Market
6.2.1 North America Fluoropolymers Market, By Country
6.2.1.1 North America Fluoropolymers Market Volume And Forecast, By Country, 2012 – 2022 (Kilotons)
6.2.1.2 North America Fluoropolymers Market Revenue And Forecast, By Country, 2012 – 2022 ($Million)
6.2.2 North America Fluoropolymers Market, By Type
6.2.2.1 North America Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
6.2.2.2 North America Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
6.2.3 North America Fluoropolymers Market, By Application
6.2.3.1 North America Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
6.2.3.2 North America Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)
6.3 South America Fluoropolymers Market
6.3.1 South America Fluoropolymers Market, By Country
6.3.1.1 South America Fluoropolymers Market Volume And Forecast, By Country, 2012 – 2022 (Kilotons)
6.3.1.2 South America Fluoropolymers Market Revenue And Forecast, By Country, 2012 – 2022 ($Million)
6.3.2 South America Fluoropolymers Market, By Type
6.3.2.1 South America Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
6.3.2.2 South America Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
6.3.3 South America Fluoropolymers Market, By Application
6.3.3.1 South America Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
6.3.3.2 South America Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)
6.4 Europe Fluoropolymers Market
6.4.1 Europe Fluoropolymers Market, By Country
6.4.1.1 Europe Fluoropolymers Market Volume And Forecast, By Country, 2012 – 2022 (Kilotons)
6.4.1.2 Europe Fluoropolymers Market Revenue And Forecast, By Country, 2012 – 2022 ($Million)
6.4.2 Europe Fluoropolymers Market, By Type
6.4.2.1 Europe Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
6.4.2.2 Europe Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
6.4.3 Europe Fluoropolymers Market, By Application
6.4.3.1 Europe Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
6.4.3.2 Europe Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)
6.5 Asia-Pacific Fluoropolymers Market
6.5.1 Asia-Pacific Fluoropolymers Market, By Country
6.5.1.1 Asia-Pacific Fluoropolymers Market Volume And Forecast, By Country, 2012 – 2022 (Kilotons)
6.5.1.2 Asia-Pacific Fluoropolymers Market Revenue And Forecast, By Country, 2012 – 2022 ($Million)
6.5.2 Asia-Pacific Fluoropolymers Market, By Type
6.5.2.1 Asia-Pacific Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
6.5.2.2 Asia-Pacific Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
6.5.3 Asia-Pacific Fluoropolymers Market, By Application
6.5.3.1 Asia-Pacific Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
6.5.3.2 Asia-Pacific Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)
6.6 Rest Of The World Fluoropolymers Market
6.6.1 Rest Of The World Fluoropolymers Market, By Type
6.6.1.1 Rest Of The World Fluoropolymers Market Volume And Forecast, By Type, 2012 – 2022 (Kilotons)
6.6.1.2 Rest Of The World Fluoropolymers Market Revenue And Forecast, By Type, 2012 – 2022 ($Million)
6.6.2 Rest Of The World Fluoropolymers Market, By Application
6.6.2.1 Rest Of The World Fluoropolymers Market Volume And Forecast, By Application, 2012 – 2022 (Kilotons)
6.6.2.2 Rest Of The World Fluoropolymers Market Revenue And Forecast, By Application, 2012 – 2022 ($Million)

Chapter 7. Competitive Landscape

7.1 Porter's Five Forces Analysis
7.1.1 Bargaining Power Of Buyers
7.1.2 Bargaining Power Of Suppliers
7.1.3 Threat Of New Entrants
7.1.4 Intensity Of Rivalry
7.1.5 Threat Of Substitutes
7.2 Competitive Positioning Of Application Segments

Chapter 8. Company Profiles And Strategic Developments

8.1 Key Company Profiles
8.1.1 Daikin Industries Limited
8.1.1.1 Business Overview
8.1.1.2 Product And Service Offerings
8.1.2 The Solvay SA
8.1.2.1 Business Overview
8.1.2.2 Product And Service Offerings
8.1.3 Arkema SA
8.1.3.1 Business Overview
8.1.3.2 Product And Service Offerings
8.1.4 Dongyue Group Ltd.
8.1.4.1 Business Overview
8.1.4.2 Product And Service Offerings
8.1.5 HaloPolymer OJSC Ltd.
8.1.5.1 Business Overview
8.1.5.2 Product And Service Offerings
8.1.6 Kureha Corporation
8.1.6.1 Business Overview
8.1.6.2 Product And Service Offerings
8.1.7 E I Dupont De Nemours And Company
8.1.7.1 Business Overview
8.1.7.2 Product And Service Offerings
8.1.8 AGC Chemicals
8.1.8.1 Business Overview
8.1.8.2 Product And Service Offerings
8.1.9 3M Company
8.1.9.1 Business Overview
8.1.9.2 Product And Service Offerings
8.1.10 Fuxin Hengtong Fluorine Chemicals Co. Ltd.
8.1.10.1 Business Overview
8.1.10.2 Products And Services Offerings
8.1.11 Saint Gobain Ltd.
8.1.11.1 Business Overview
8.1.11.2 Products And Services Offerings
8.1.12 The Chemours Company
8.1.12.1 Business Overview
8.1.12.2 Products And Services Offerings
8.2 Strategic Developments

Chapter 9. Appendix

9.1 List Of Abbreviations

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