HOME Top Market Reports Fluoropolymer Market By Type (PTFE, PVDF, FEP, Fluoroelastomers) & Application (Automotive, Electrical & Electronics, Chemical Processing, Industrial) - Global Trends & Forecast to 2018

Fluoropolymer Market By Type (PTFE, PVDF, FEP, Fluoroelastomers) & Application (Automotive, Electrical & Electronics, Chemical Processing, Industrial) - Global Trends & Forecast to 2018

By: marketsandmarkets.com
Publishing Date: September 2013
Report Code: CH 1696

 

  Speak to Analyst Enquiry Before Buying
Analyst Briefing  
purchase report
download pdf  request for customisation


This report on fluoropolymers market covers latest market trends and forecasting reports for the global fluoropolymers industry. Fluoropolymers are polymeric resins in which some or all of the hydrogen atoms in the polymer chain have been replaced by fluorine. They offer a combination of good chemical resistance, excellent electrical insulation properties, and favorable mechanical properties. These are highly weather resistant and can function in extreme temperatures. Fluoropolymers are olefinic polymers and comprise partially or fully fluorinated olefinic monomers, such as vinylidene fluoride and tetrafluoroethylene (TFE). There are also some specialty fluorinated polymers, such as perfluoroethers, fluoroacrylates, and fluorosilicones, which are used in very minute quantities than olefinic fluoropolymers.

These fluorinated polymers can be manufactured using various raw materials and different manufacturing processes. The value chain ranges from basic fluorochemicals and mineral products all the way to end-users such as aerospace companies, industrial manufacturers, or consumers. The key feedstock used in the manufacturing of fluoropolymers is fluorspar, hydrogen fluoride, hydrogen sulfide, ethylene, and fluorocarbons. The supply of these key raw materials has been affected by both supply constraints and manufacturing cost. For instance, fluorspar is a naturally occurring mineral, used in a multitude of industries ranging from metallurgy, ceramics, glass, aluminum, and fluoropolymers. So, its manufacturers have to compete with other industries to ensure smooth supply of fluorspar. Fluoropolymers exist in many forms and based on their formulation and function, these can be segmented into PTFE, PVDF, FEP, and others.

The application of fluoropolymers is increasingly becoming popular due to the performance advantage these materials offer. These possess an excellent combination of physical and chemical properties, comprising excellent chemical resistance, high temperature stability, and good dielectric properties. These polymers are widely used in many industrial fields under severe conditions. The non-stick properties resulting from their low surface energies are well-known and used in numerous applications. Owing to their special properties and relatively low production volume when compared with engineering resins, their prices are relatively high.

The major opportunities in the Fluoropolymers market lies in its increasing demand in industrial maintenance sector particularly due to their chemical and oil resistance property. With the increasing need for protection from UV exposure, use of Fluoropolymers in additives is being practiced increasingly. In this case, the major driving force for fluoropolymers is the realization that these products can increase the life cycle of exterior coatings and subsequently increase the time between recoats. This complements the products and also reduces the costs of infrastructure management by eliminating the number of recoats

The Fluoropolymers market is expected to grow at a CAGR of 4.6%, over the next five years to reach 346.8 KT by 2018. Asia-Pacific, with its thriving economies and rapidly expanding population, is expected to experience highest growth rate between 2013 and 2018.

Scope of the report

  • On the basis of region:
    • Asia-Pacific
      • China
      • Japan
      • India
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
    • Rest of the World
      • Brazil
      • Russia
  • On the basis of application:
    • Automotive and Transportation
    • Electrical and Electronics
    • Chemical Processing
    • Industrial Equipments
  • On the basis of types:
    • PTFE
    • PVDF
    • FEP
    • Fluoroelastomers

Table of Contents 
 
1 Introduction (Page No. - 20)
  1.1 Key Take-Aways
  1.2 Key Questions Answered
  1.3 Report Description
  1.4 Stake Holders
  1.5 Research Methodology
  1.6 Market Size
      1.6.1 Key Data Points Taken From Secondary Sources
      1.6.2 Major Secondary Sources Used
      1.6.3 Key Data Points Taken From Primary Sources
      1.6.4 Assumptions Made For This Report

2  Executive Summary (Page No. - 25)

3 Premium Insights (Page No. - 27) 27
  3.1 Automotive & Transportation Application Leading The Market
  3.2 Asia-Pacific Continues To Drive The Global Fluropolymer Market
  3.3 U.S. Is The Largest Fluoropolymer Market
  3.4 Asia-Pacific: Best Market To Invest
  3.5 Strategic Analysis: Major Players

4 Market Overview (Page No. - 33)
  4.1 Introduction
  4.2 Value Chain Analysis
  4.3 Market Dynamics
      4.3.1 Drivers
            4.3.1.1 Growing Key End-User Industries
            4.3.1.2 Strong Demand For Fluoropolymer In Asia-Pacific
            4.3.1.3 Rapidly Expanding Production Of Proton-Exchange Membrane And Direct Methanol Fuel Cells In U.S.  
            4.3.1.4 Robust Growth In Pv Installations
      4.3.2 Restraints
            4.3.2.1 Economic Trends & Conditions In End Application Markets
      4.3.3 Environmental Sustainability
      4.3.4 Opportunities
            4.3.4.1 Green And Sustainable Fluoropolymer 
            4.3.4.2 Growing Demand For Fluoropolymer In Industrial Maintenance Sector
            4.3.4.3 Fluoropolymer Films Market Growing In Tandem With Ever Expanding Area Of Applications
  4.4 Burning Issues
      4.4.1 Intensive Price Competition From Chinese Manufacturers
      4.4.2 Use Of Reprocessed Ptfe
  4.5 Winning Imperatives
      4.5.1 Focus On Evaluation Of The Product Mix
      4.5.2 Vertical Integration
  4.6 Regulations
      4.6.1 Industry Action
  4.7 Porter’s Five Forces Analysis
      4.7.1 Supplier’s Power
      4.7.2 Threat From New Entrants
      4.7.3 Buyer’s Power
      4.7.4 Threat From Substitutes
      4.7.5 Degree Of Competition
  4.8 Raw Material Analysis
      4.8.1 Fluorspar
      4.8.2 Supply Side Dynamics Of Fluorspar
      4.8.3 Hydrofluoric Acid
  4.9 Price Analysis
      4.9.1 Future Outlook
  4.1 Market Share Analysis
 
5 Global Fluoropolymer Market, By Product Types (Page No. - 73)
  5.1 Introduction
      5.1.1 Ptfe Leads The Fluoropolymer Market
      5.1.2 Fep Is The Fastest Growing Fluoropolymer
  5.2 Polytetrafluoroethylene (Ptfe)
      5.2.1 Ptfe: Largest Market Share Among Other Fluoropolymer 
      5.2.2 Types Of Ptfe
            5.2.2.1 Granular
            5.2.2.2 Fine Powder
            5.2.2.3 Dispersion
            5.2.2.4 Micronized Powder
  5.3 Polyvinylidene Fluoride (PVDF)
      5.3.1 PVDF: Second-Largest Fluoropolymer In Demand
  5.4 Fluorinated Ethylene Propylene (FEP)
      5.4.1 FEP: Fastest Growing Fluoropolymer
  5.5 Fluoroelastomers (FKM)
      5.5.1 Steady Growth In The Future
      5.5.2 Types Of Fluoroelastomer
            5.5.2.1 Vinylidene Fluoride (VF2)
            5.5.2.2 Hexafluoropropylene (HFP)
            5.5.2.3 Tetrafluoroethylene/Propylene (TFE/P)
  5.6 Other Fluoropolymers
      5.6.1 Small But Steady Room For Others
      5.6.2 Polychlorotrifluoroethylene (PCTFE)
      5.6.3 Ethylene Tetrafluoroethylene (ETFE)
      5.6.4 Ethylene & Chlorotrifluoroethylene (ECTFE)
      5.6.5 Perfluoroalkoxy (PFA)
 
6 Global Fluoropolymer Market, By Applications (Page No. - 98)
  6.1 Introduction
      6.1.1 Automotive & Transportation Is The Largest Application For Fluoropolymer
      6.1.2 Electrical Properties Of Fluoropolymers Make It Highly Important For Electrical & Electronic Applications
      6.1.3 Growing Demand From Emerging Applications Will Drive The Market In The Future
  6.2 Automotive & Transportation
      6.2.1 Better Mechanical Properties Of Fluoropolymers For Automobile Applications
  6.3 Electrical & Electronics
      6.3.1 Increasing Use Of Fluoropolymer In Electrical And Electronics Applications
  6.4 Chemical Processing
      6.4.1 Excellent Chemical Resistant Property
  6.5 Industrial Equipment
      6.5.1 Growing Demand In Industrial Equipment
  6.6 Others
      6.6.1 Important Applications In Medical, Houseware, And Others

7 Global Fluoropolymer Market, By Geography (Page No. - 115)
  7.1 Introduction
  7.2 Global Fluoropolymer Market
      7.2.1 Asia-Pacific Will Experience Highest Growth
      7.2.2 North America To Lead Global Fluoropolymer Market
      7.2.3 North America
      7.2.3.1 U.S.: The Largest Market For Fluoropolymer
            7.2.3.2 Steady Growth Expected In The Coming Years
            7.2.3.3 Market Suffered Due To Sluggish Growth In Canada And Mexico
            7.2.3.4 U.S.
                    7.2.3.4.1 FEP is the fastest growing fluoropolymer type
                    7.2.3.4.2 Electrical & Electronics is the fastest growing fluoropolymer application
            7.2.3.5 Canada
                    7.2.3.5.1 PTFE: At the top in fluoropolymer market
                    7.2.3.5.2 Largest demand of fluoropolymer in Automotive and Transportation
            7.2.3.6 Mexico
                    7.2.3.6.1 Growth of FEP closely followed by PVDF
                    7.2.3.6.2 Electrical and Electronics application driving fluoropolymer consumption
      7.2.4 Europe
            7.2.4.1 Germany leading the fluoropolymer market in Europe
            7.2.4.2 FEP expected to be the fastest growing fluoropolymer type
            7.2.4.3 Expected support from Electrical and Electronics application
            7.2.4.4 Germany
                    7.2.4.4.1 PTFE: Maintains major share 
                    7.2.4.4.2 Automotive and Transportation: Key industry for fluoropolymer application
            7.2.4.5 U.K.
                    7.2.4.5.1 Major share belongs to PTFE
                    7.2.4.5.2 Fastest growing application includes Automotive industry
            7.2.4.6 France
                    7.2.4.6.1 Next to the fastest growing nation in the region
                    7.2.4.6.2 Automotive and Electronics to support fluoropolymer application
      7.2.5 Asia-Pacific
            7.2.5.1 PTFE to lead the Asia-Pacific Market
            7.2.5.2 Automotive and Transportation: Major application of fluoropolymer 
            7.2.5.3 China to occupy a major share in the Asia-Pacific fluoropolymer market
            7.2.5.4 China
                    7.2.5.4.1 Globally the largest market for PTFE
                    7.2.5.4.2 Qualitative & Quantitave growth 
                    7.2.5.4.3 Electrical & Electronics and Chemical processing growing at a fast rate
            7.2.5.5 Japan
                    7.2.5.5.1 Highest Growth in FEP market
                    7.2.5.5.2 High-end applications to dominate the market
            7.2.5.6 India
            7.2.5.7 Large market volume of PTFE
                    7.2.5.7.1 Possible opportunity for high-end applications
      7.2.6 Row
             7.2.6.1.1 Brazil and Russia key markets in the region
     7.2.6.2 Brazil
             7.2.6.2.1 Emerging market in the RoW region
             7.2.6.2.2 High growth in Fluorinated Ethylene Propylene
             7.2.6.2.3 Electronics and Automotive among fastest growing application
     7.2.6.3 Russia
             7.2.6.3.1 Top four types dominate the market
             7.2.6.3.2 Chemical and Engineering industry driving the market

8 Competitive Landscape (Page No. - 197)
  8.1 Introduction
  8.2 Expansion: The Most Preferred Strategy
  8.3 Solvay Leads With Maximum Developments
  8.4 Expansion
  8.5 New Product Launch
  8.6 Agreement
  8.7 Joint Venture
  8.8 Other Developments

9 Company Profiles (Overview, Financial*, Products & Services, Strategy, And Developments) (Page No. - 214)
  9.1 3M Company
  9.2 Asahi Glass Co. Ltd
  9.3 Arkema Sa
  9.4 Daikin Industries Ltd
  9.5 E. I. Dupont De Nemours & Company
  9.6 Dongyue Group Ltd
  9.7 Fluorotherm Polymers Inc.
  9.8 Gujarat Fluorochemicals Ltd
  9.9 Halopolymer Ojsc
  9.1o Honeywell International Inc.
  9.11 Kureha Corporation
  9.12 Parker Hannifin Corporation
  9.13 Quadrant Ag
  9.14 Saint-Gobain
  9.15 Shamrock Technologies
  9.16 Shanghai 3f New Materials Company Ltd
  9.17 Simona Ag
  9.18 Solvay Sa
*Details Might Not Be Captured In Case Of Unlisted Companies 
 

List Of Tables (103 Tables)
 
Table 1 Key Manufacturers Of Fluoropolymer
Table 2 Gdp Growth Rates Of Major Economies, 2008 – 2012 (%)
Table 3 Altered Key Properties Of Fluoropolymer With Increasing Percentage Of Reprocessed Ptfe
Table 4 Fluorspar Bulk Prices, 2010 – 2012 ($/Ton)
Table 5 Estimated Prices Of Fluropolymer, 2012 ($/Kg)
Table 6 Europe: Fluoropolymer Major Capacities, 2010 (Kilo Tons/Year) 
Table 7 U.S: Fluoropolymers Major Capacities, 2010 (Kilo Tons/Year)
Table 8 Asia-Pacific: Fluoropolymer Major Capacities, 2010 (Kilo Tons/Year) 
Table 9 Global Ptfe Market, By Geography, 2011 - 2018 (Kiloton)
Table 10 Global Ptfe Market Revenue, By Geography, 2011 – 2018 ($Million) 
Table 11 Global Pvdf Market Volume, By Geography, 2011 - 2018 (Kiloton) 
Table 12 Global Pvdf Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 13 Global Fep Market, By Geography, 2011 - 2018 (Kiloton)
Table 14 Global Fep Market Revenue, By Geography, 2011 – 2018 ($Million) 
Table 15 Key Fluoroelastomer Manufacturers And Brands
Table 16 Global Fluoroelastomer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 17 Global Fluoroelastomer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 18 Global Other Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 19 Global Other Fluoropolymers Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 20 Global Market, By Applications, 2011 – 2018 (Kiloton) 
Table 21 Global Market, By Applications, 2011 - 2018 ($Million) 
Table 22 Major Applications & Uses Of Fluoropolymers
Table 23 Automotive & Transportation: Global Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton)
Table 24 Automotive & Transportation: Global Fluoropolymer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 25 Electrical & Electronics: Global Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 26 Electrical & Electronics: Global Fluoropolymer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 27 Chemical Processing: Global Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 28 Chemical Processing: Global Fluoropolymer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 29 Industrial Equipment: Global Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 30 Industrial Equipment: Global Fluoropolymer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 31 Other Applications: Global Fluoropolymer Market, By Geography, 2011 - 2018 (Kiloton) 
Table 32 Other Applications: Global Fluoropolymer Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 33 Global: Fluoropolymer Market Volume, By Geography, 2011 – 2018 (Kiloton) 
Table 34 Global: Fluoropolymer Market Revenue, By Geography, 2011 – 2018 ($Million) 
Table 35 North America: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 36 North America: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 37 North America: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 38 North America: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 39 U.S.: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton) 
Table 40 U.S.: Market Revenue, By Product Types, 2011 – 2018 ($Million) 
Table 41 U.S.: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 42 U.S.: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 43 Canada: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 44 Canada: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 45 Canada: Market Volume, By Applications, 2011 – 2018 (Kiloton)
Table 46 Canada: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 47 Mexico: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 48 Mexico: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 49 Mexico: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 50 Mexico: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 51 Europe: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 52 Europe: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 53 Europe: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 54 Europe: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 55 Germany : Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 56 Germany: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 57 Germany: Market Volume, By Applications, 2011 – 2018 (Kiloton)
Table 58 Germany: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 59 U.K.: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton) 
Table 60 U.K.: Market Revenue, By Product Types, 2011 – 2018 ($Million) 
Table 61 U.K.: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 62 U.K.: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 63 France: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 64 France: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 65 France: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 66 France: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 67 Asia-Pacific: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 68 Asia-Pacific: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 69 Asia-Pacific: Market Volume, By Applications, 2011 – 2018 (Kiloton)
Table 70 Asia-Pacific: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 71 China: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 72 China: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 73 China: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 74 China: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 75 Japan: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton) 
Table 76 Japan: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 77 Japan: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 78 Japan: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 79 India: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton) 
Table 80 India: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 81 India: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 82 India: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 83 Row: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton) 
Table 84 Row: Market Revenue, By Product Types, 2011 – 2018 ($Million) 
Table 85 Row: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 86 Row: Market Revenue, By Applications, 2011 – 2018 ($Million) 
Table 87 Brazil: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 88 Brazil: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 89 Brazil: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 90 Brazil: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 91 Russia: Fluoropolymer Market Volume, By Product Types, 2011 – 2018 (Kiloton)
Table 92 Russia: Market Revenue, By Product Types, 2011 – 2018 ($Million)
Table 93 Russia: Market Volume, By Applications, 2011 – 2018 (Kiloton) 
Table 94 Russia: Market Revenue, By Applications, 2011 – 2018 ($Million)
Table 95 Expansion, 2011 – 2013
Table 96 New Product Launch, 2011 – 2013
Table 97 Agreement, 2011 – 2013
Table 98 Joint Venture, 2011 – 2013
Table 99 Other Developments, 2011 – 2013
Table 100 Asahi Glass: Total Revenue, By Regions, 2010 – 2011 ($Million)
Table 101 Dongyue: Total Revenue, By Geography, 2011 - 2012 ($Millions) 
Table 102 Honeywell: Performance Materials & Technologies Segment, Total Revenue, 2011 - 2012 ($Millions)
Table 103 Simona: Total Revenue, By Segments 2011 - 2012 ($Millions)
 
 
List Of Figures  (28 Figures)
 
Figure 1 Fluoropolymers Consumption, By Material, Application & Geography, 2012 (Kiloton)
Figure 2 Fluoropolymers: Market Share, By Application, 2018
Figure 3 Fluoropolymers: Market Revenue Trends, By Region, 2011 – 2018 ($Million) 
Figure 4 Fluoropolymers: Market Consumption, By Geography & Countries, 2012 (Kiloton)
Figure 5 Fluoropolymer Market Potential, By Region
Figure 6 Development, By Major Player, 2011 – 2013
Figure 7 Overview Of The Fluoropolymers Value Chain
Figure 8 Impact Of Major Drivers On Fluoropolymer Market, 2011 – 2018 
Figure 9 Revenue From Key Fluoropolymer Applications
Figure 10 Growing Pv Installation
Figure 11 Impact Of Major Restraints On Fluoropolymer Market, 2012 – 2018 
Figure 12 Impact Of Major Opportunities On Fluoropolymers Market, 2011 – 2018
Figure 13 Porter’s Five Forces Analysis
Figure 14 Fluorspar Market Share, By End Applications, 2012
Figure 15 Fluorspar Production In China, 2007 – 2012 (Million Tons)
Figure 16 Global Fluorspar Production, 2012
Figure 17 Global Reserves Of Fluorspar, 2012
Figure 18 Hydrofluoric Market Share, By End Application, 2012
Figure 19 Global Fluoropolymer Market Share, 2012
Figure 20 Global Fluoropolymers Market, By Product Types, 2012
Figure 21 Fluoropolymers Market Share, By Applications, 2012
Figure 22 Fluoropolymers Market Share, By Geography, 2012
Figure 23 Fluoropolymers Market Share In North America, By Country, 2012
Figure 24 Fluoropolymers Market Share In Europe, By Country, 2012
Figure 25 Fluoropolymers Market Share In Asia-Pacific, By Country, 2012
Figure 26 Fluoropolymers Market Share In Rest Of World, By Country, 2012
Figure 27 Global Fluoropolymers Market, By Growth Strategies, 2011 - 2013 
Figure 28 Developments In Fluoropolymers Market, By Company, 2011 - 2013 

The global fluoropolymers market is witnessing growth on account of increasing applications, technological advancements, and rapidly growing demand in the Asia-Pacific region. Fluoropolymers are some of the most versatile polymers known and are used in almost every field of modern industries. Fluoropolymer is widely being used in automobiles, electrical and electronics, and chemical processing industries. Typical uses of fluoropolymer include electrical insulation, gaskets, coatings, seals, non-stick surfaces, space apparel, bushing, pipes and hoses, control cables, underhood wire, tank and reactor linings, lined pipes, valves, fiber optic cables, fluid handling equipment, etc.

The global fluoropolymers market in terms of revenue was estimated to be worth $7,159.3 million in 2012 and is expected to reach $9,797.4 million by 2018, growing at a CAGR of 5.7% from 2013 to 2018. Asia-Pacific and North America dominated the global fluoropolymer market demand in 2012. Asia-Pacific is expected to be the fastest growing market in the near future owing to the rapid advancement and increasing demand from key countries such as China and India.

The increasing penetration of low volume fluoropolymer such as PVDF and FEP in uses such as semiconductor manufacturing, wire and cable insulation, and coating in construction applications are expected to lead the market towards product innovation and material development. Also, the development of melt processable PTFE is expected to help the future prospects of the maturing PTFE market.

Global Fluoropolymer Market, By Geographies, 2012 (% Share)

Fluoropolymers Market

Source:  ICIS, Chemical Weekly, Company Websites, Company Annual Reports & Presentations, Expert Interviews, MarketsandMarkets Analysis

North America dominated the global fluoropolymers market, accounting for a major share in overall consumption in 2012. Asia-Pacific and Europe remained second and third largest fluoropolymers consuming regions. North America, owing to its fast pace of economic advancement and huge demand from a wide range of industries such as electrical and electronics and automobiles, is a frontrunner in the consumption of fluoropolymer. In recent years, Asia-Pacific registered a strong demand for fluoropolymers and the trend is expected to continue in the near future, driven by China and India. The low cost production of PTFE in China is expected to encourage manufacturers to open production facilities in China. Market participants are continuously focusing on the Asia-Pacific region to gain market share and improve profitability.

Key participants in the global fluoropolymer market include DuPont (U.S.), Dyneon (U.S.), Solvay (Belgium), Daikin (Japan), Asahi Glass Fluoropolymers (Japan), etc.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports