Fluoropolymers Market Analysis by Product Types, Applications & Geography - Trends & Global Forecasts (2011 - 2016)
Fluoropolymers are specialized polymeric materials witnessing strong market growth. This growth is driven by the end-user markets where fluoropolymers are extensively used owing to their unique properties and superior performance characteristics. Fluoropolymers possess excellent properties such as superior electrical insulation, advanced chemical, and thermal resistance in demanding environments, good weathering properties, enhanced purity, high resistance to solvents, acids and bases, low coefficient of friction, etc. These superior properties makes them suitable for use in a wide range of applications in industries such as automotives, electronics, chemical processing, Houseware, medical, etc.
This study estimates the global market of fluoropolymers by the end of 2016. North America is the most dominant market for fluoropolymers owing to significant demand from the U.S. and growing wire and cable market where fluoropolymers are used as jacketing material and primary insulation material. Fluoropolymers are also used in fiber optic cables. FEP and PVDF are the fastest growing product types in these applications. PVDF is expected to grow at a brisk pace in North America as it is increasingly being used in lithium-ion batteries, architectural coating applications, and as a jacketing material in fiber optic cables. Growing chemical processing, cookware, bakeware, and medical market are also expected to help the North American fluoropolymers market. Asia-Pacific is expected to be the fastest growing markets for fluoropolymers where growth is driven by the key countries such as China, Japan, and India.
This market research study provides detailed qualitative and quantitative analysis of the global fluoropolymers market. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and forecasted for major geographic regions, North America, Europe, AsiaPacific, and Rest of the World that include key growth regions such as China and India. Major countries with the market volume and revenue are covered for each of the region. Competitive scenario and market share of the top players in the market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.
Market has also been segmented on the basis of product types where major product types such as PTFE, FEP, PVDF, and Fluoroelastomers have been discussed in detail and a comprehensive view and forecast is provided for each category with the market volume and revenue. Market has been further segmented on the basis of applications. The major applications for fluoropolymers include automotive and transportation, electrical and electronics, chemical processing, houseware, and medical have been discussed in detail in the report. Market share for major market participants has been described in detail for fluoropolymers. The global existing production capacities of the top suppliers have been provided in detail in the report.
We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of fluoropolymers. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of fluoropolymers.
We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in the global fluoropolymers market include DuPont (U.S.), Dyneon (U.S.), Asahi glass fluoropolymers (Japan), Daikin (Japan), etc.
Scope of the report
This fluoropolymers market research report categorizes the global market on the basis of applications, product type, and geography; forecasting volume and revenue and analyzing trends in each of the submarkets:
On the basis of applications:
- Automotive and transportation
- Electrical and electronics
- Chemical processing
- Industrial equipments
- Other applications
On the basis of product type: PTFE, FEP, PVDF, Fluoroelastomers, Others.
On the basis of geography: North America, Europe, Asia-Pacific, ROW.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 STAKE HOLDERS
1.4 RESEARCH METHODOLOGY
1.4.1 MARKET SIZE
1.4.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
1.4.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.4.4 ASSUMPTIONS MADE FOR THIS REPORT
1.4.5 LIST OF COMPANIES COVERED DURING PRIMARIES
1.4.6 MAJOR SECONDARY SOURCES USED
1.5 KEY QUESTIONS ANSWERED
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 VALUE CHAIN ANALYSIS
3.3 MARKET DYNAMICS
3.3.1 DRIVERS
3.3.1.1 Growing key end-user industries
3.3.1.2 Strong demand for fluoropolymers in Asia-Pacific
3.3.1.3 Rapidly expanding production of proton-exchange membrane and direct methanol fuel cells in U.S.
3.3.1.4 Robust growth in PV installations
3.3.2 RESTRAINTS
3.3.2.1 Economic trends & conditions in end application markets
3.3.2.2 Environmental sustainability
3.3.3 OPPORTUNITIES
3.3.3.1 Green and sustainable fluoropolymers
3.3.3.2 Growing demand for fluoropolymer in industrial maintenance sector
3.3.3.3 Fluoropolymer films market growing in tandem with ever expanding area of applications
3.4 BURNING ISSUES
3.4.1 INTENSIVE PRICE COMPETITION FROM CHINESE MANUFACTURERS
3.4.2 USE OF REPROCESSED PTFE
3.5 WINNING IMPERATIVES
3.5.1 FOCUS ON EVALUATION OF THE PRODUCT MIX
3.5.2 VERTICAL INTEGRATION
3.6 REGULATIONS
3.6.1 INDUSTRY ACTION
3.7 PORTERS FIVE FORCES ANALYSIS
3.7.1 SUPPLIERS POWER
3.7.2 THREAT FROM NEW ENTRANTS
3.7.3 BUYERS POWER
3.7.4 THREAT FROM SUBSTITUTES
3.7.5 DEGREE OF COMPETITION
3.8 RAW MATERIAL ANALYSIS
3.8.1 FLUORSPAR
3.8.1.1 Supply side dynamics of fluorspar
3.8.2 HYDROFLUORIC ACID
3.9 PRICE ANALYSIS
3.9.1 FUTURE OUTLOOK
3.10 MARKET SHARE ANALYSIS
3.11 PATENT ANALYSIS
4 GLOBAL FLUOROPOLYMERS MARKET, BY PRODUCT TYPES
4.1 INTRODUCTION
4.2 POLYTETRAFLUOROETHYLENE (PTFE)
4.2.1 TYPES
4.2.1.1 Granular
4.2.1.2 Fine Powder
4.2.1.3 Dispersion
4.2.1.4 Micronized Powder
4.3 POLYVINYLIDENE FLUORIDE (PVDF)
4.4 FLUORINATED ETHYLENE PROPYLENE (FEP)
4.5 FLUOROELASTOMERS (FKM)
4.5.1 TYPES
4.5.1.1 Vinylidene Fluoride (VF2)
4.5.1.2 Hexafluoropropylene (HFP)
4.5.1.3 Tetrafluoroethylene/Propylene (TFE/P)
4.6 OTHER FLUOROPOLYMERS
4.6.1 TYPES
4.6.1.1 Polychlorotrifluoroethylene (PCTFE)
4.6.1.2 Ethylene tetrafluoroethylene (ETFE)
4.6.1.3 Ethylene and chlorotrifluoroethylene (ECTFE)
4.6.1.4 Per fluoro alkoxy (PFA)
5 GLOBAL FLUOROPOLYMERS MARKET, BY APPLICATIONS
5.1 INTRODUCTION
5.2 GLOBAL FLUOROPOLYMERS MARKET, BY APPLICATIONS
5.2.1 AUTOMOTIVE & TRANSPORTATION
5.2.2 ELECTRICAL & ELECTRONICS
5.2.3 CHEMICAL PROCESSING
5.2.4 INDUSTRIAL EQUIPMENTS
5.2.5 OTHERS
6 GLOBAL FLUOROPOLYMERS MARKET, BY GEOGRAPHY
6.1 INTRODUCTION
6.2 GLOBAL FLUOROPOLYMERS MARKET
6.2.1 NORTH AMERICA
6.2.1.1 U.S.
6.2.2 EUROPE
6.2.2.1 Germany
6.2.2.2 U.K.
6.2.2.3 France
6.2.3 ASIA-PACIFIC
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 India
6.2.4 ROW
6.2.4.1 Brazil
7 COMPETITIVE LANDSCAPE
7.1 INTRODUCTION
7.2 NEW PRODUCTS LAUNCHES: MOST POPULAR GROWTH STRATEGY
7.3 MAXIMUM DEVELOPMENTS IN 2011
7.4 MAXIMUM DEVELOPMENTS IN NORTH AMERICA
7.5 SOLVAY SA & ARKEMA SA: THE MOST ACTIVE PARTICIPANTS
8 COMPANY PROFILES
8.1 3M COMPANY
8.1.1 OVERVIEW
8.1.2 FINANCIALS
8.1.3 PRODUCTS & SERVICES
8.1.4 STRATEGY
8.1.5 DEVELOPMENTS
8.2 ARKEMA SA
8.2.1 OVERVIEW
8.2.2 FINANCIALS
8.2.3 PRODUCTS & SERVICES
8.2.4 STRATEGY
8.2.5 DEVELOPMENTS
8.3 ASAHI GLASS CO. LTD
8.3.1 OVERVIEW
8.3.2 FINANCIALS
8.3.3 PRODUCTS & SERVICES
8.3.4 STRATEGY
8.3.5 DEVELOPMENTS
8.4 DAIKIN INDUSTRIES LTD
8.4.1 OVERVIEW
8.4.2 FINANCIALS
8.4.3 PRODUCTS & SERVICES
8.4.4 STRATEGY
8.4.5 DEVELOPMENTS
8.5 DONGYUE GROUP LIMITED
8.5.1 OVERVIEW
8.5.2 FINANCIALS
8.5.3 PRODUCTS & SERVICES
8.5.4 STRATEGY
8.5.5 DEVELOPMENTS
8.6 E. I. DUPONT DE NEMOURS & COMPANY
8.6.1 OVERVIEW
8.6.2 FINANCIALS
8.6.3 PRODUCTS & SERVICES
8.6.4 STRATEGY
8.6.5 DEVELOPMENTS
8.7 FLUOROTHERM POLYMERS INC
8.7.1 OVERVIEW
8.7.2 FINANCIALS
8.7.3 PRODUCTS & SERVICES
8.7.4 STRATEGY
8.7.5 DEVELOPMENTS
8.8 GUJARAT FLUOROPOLYMER LTD
8.8.1 OVERVIEW
8.8.2 FINANCIALS
8.8.3 PRODUCTS & SERVICES
8.8.4 STRATEGY
8.8.5 DEVELOPMENTS
8.9 HALOPOLYMER OJSC
8.9.1 OVERVIEW
8.9.2 FINANCIALS
8.9.3 PRODUCTS & SERVICES
8.9.4 STRATEGY
8.9.5 DEVELOPMENTS
8.10 HONEYWELL INTERNATIONAL INC
8.10.1 OVERVIEW
8.10.2 FINANCIALS
8.10.3 PRODUCTS & SERVICES
8.10.4 STRATEGY
8.10.5 DEVELOPMENTS
8.11 KUREHA CORPORATION
8.11.1 OVERVIEW
8.11.2 FINANCIALS
8.11.3 PRODUCTS & SERVICES
8.11.4 STRATEGY
8.11.5 DEVELOPMENTS
8.12 PARKER HANNIFIN CORPORATION
8.12.1 OVERVIEW
8.12.2 FINANCIALS
8.12.3 PRODUCTS & SERVICES
8.12.4 STRATEGY
8.12.5 DEVELOPMENTS
8.13 QUADRANT AG
8.13.1 OVERVIEW
8.13.2 FINANCIALS
8.13.3 PRODUCTS & SERVICES
8.13.4 STRATEGY
8.13.5 DEVELOPMENTS
8.14 SAINT-GOBAIN
8.14.1 OVERVIEW
8.14.2 FINANCIALS
8.14.3 PRODUCTS & SERVICES
8.14.4 STRATEGY
8.14.5 DEVELOPMENTS
8.15 SHAMROCK TECHNOLOGIES
8.15.1 OVERVIEW
8.15.2 FINANCIALS
8.15.3 PRODUCTS & SERVICES
8.15.4 STRATEGY
8.15.5 DEVELOPMENTS
8.16 SHANGHAI 3F NEW MATERIALS COMPANY LTD
8.16.1 OVERVIEW
8.16.2 FINANCIALS
8.16.3 PRODUCTS & SERVICES
8.16.4 STRATEGY
8.16.5 DEVELOPMENTS
8.17 SIMONA AG
8.17.1 OVERVIEW
8.17.2 FINANCIALS
8.17.3 PRODUCTS & SERVICES
8.17.4 STRATEGY
8.17.5 DEVELOPMENTS
8.18 SOLVAY SA
8.18.1 OVERVIEW
8.18.2 FINANCIALS
8.18.3 PRODUCTS & SERVICES
8.18.4 STRATEGY
8.18.5 DEVELOPMENTS
8.19 WHITFORD CORPORATION
8.19.1 OVERVIEW
8.19.2 FINANCIALS
8.19.3 PRODUCTS & SERVICES
8.19.4 STRATEGY
8.19.5 DEVELOPMENTS
8.20 W. L. GORE & ASSOCIATES, INC
8.20.1 OVERVIEW
8.20.2 FINANCIALS
8.20.3 PRODUCTS & SERVICES
8.20.4 STRATEGY
8.20.5 DEVELOPMENTS
8.21 ZEUS INC.
8.21.1 OVERVIEW
8.21.2 FINANCIALS
8.21.3 PRODUCTS & SERVICES
8.21.4 STRATEGY
8.21.5 DEVELOPMENTS
LIST OF TABLES
TABLE 1 FLUOROPOLYMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), BY GEOGRAPHY, 2009 2016
TABLE 2 KEY MANUFACTURERS OF FLUOROPOLYMERS
TABLE 3 GDP GROWTH RATE OF MAJOR ECONOMIES, 2006 2010 (%)
TABLE 4 ALTERED KEY PROPERTIES OF FLUOROPOLYMERS WITH INCREASING PERCENTAGE OF REPROCESSED PTFE
TABLE 5 FLUORSPAR BULK PRICES, 2009 - 2016 ($/TON)
TABLE 6 HYDROFLUORIC ACID BULK PRICES, 2009 - 2016 ($/TON)
TABLE 7 PRICE RANGE OF MAJOR FLUOROPOLYMERS, 2010
TABLE 8 EUROPE: FLUOROPOLYMERS MAJOR CAPACITIES, 2010 (KILO TONS/YEAR)
TABLE 9 U.S: FLUOROPOLYMERS MAJOR CAPACITIES, 2010 (KILO TONS/YEAR)
TABLE 10 ASIA-PACIFIC: FLUOROPOLYMERS MAJOR CAPACITIES, 2010 (KILO TONS/YEAR)
TABLE 11 GLOBAL PTFE MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 12 GLOBAL PVDF MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 13 GLOBAL FLUORINATED ETHYLENE PROPYLENE MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 14 KEY FLUOROELASTOMER MANUFACTURERS & BRANDS
TABLE 15 GLOBAL FLUOROELASTOMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 16 GLOBAL OTHER FLUOROPOLYMERS MARKETS VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 17 MAJOR APPLICATIONS & USES OF FLUOROPOLYMERS
TABLE 18 AUTOMOTIVE & TRANSPORTATION: GLOBAL FLUOROPOLYMERS APPLICATIONS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 19 ELECTRICAL & ELECTRONICS: GLOBAL FLUOROPOLYMERS APPLICATIONS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 20 CHEMICAL PROCESSING: GLOBAL FLUOROPOLYMERS APPLICATIONS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 21 INDUSTRIAL EQUIPMENTS: GLOBAL FLUOROPOLYMERS APPLICATIONS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 22 OTHER APPLICATIONS: GLOBAL FLUOROPOLYMERS APPLICATIONS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 23 NORTH AMERICA: FLUOROPOLYMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 24 U.S: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 25 U.S: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 26 U.S: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 27 U.S: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 28 EUROPE: FLUOROPOLYMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 29 GERMANY: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 30 GERMANY: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 31 GERMANY: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 32 GERMANY: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 33 U.K: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 34 U.K: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 35 U.K: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 36 U.K: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 37 FRANCE: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 38 FRANCE: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 39 FRANCE: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 40 FRANCE: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 41 ASIA-PACIFIC: FLUOROPOLYMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 42 CHINA: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 43 CHINA: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 44 CHINA: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 45 CHINA: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 46 JAPAN: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 47 JAPAN: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 48 JAPAN: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 49 JAPAN: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 50 INDIA: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 51 INDIA: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 52 INDIA: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 53 INDIA: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 54 ROW: FLUOROPOLYMERS MARKET VOLUME (KILO TONS) & REVENUE ($MILLION), 2009 2016
TABLE 55 BRAZIL: FLUOROPOLYMERS MARKET VOLUME, BY PRODUCT TYPES, 2009 2016 (KILO TONS)
TABLE 56 BRAZIL: FLUOROPOLYMERS MARKET REVENUE, BY PRODUCT TYPES, 2009 2016 ($MILLION)
TABLE 57 BRAZIL: FLUOROPOLYMERS MARKET VOLUME, BY APPLICATIONS, 2009 2016 (KILO TONS)
TABLE 58 BRAZIL: FLUOROPOLYMERS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 59 MERGERS & ACQUISITIONS, 2008 2011
TABLE 60 NEW PRODUCTS LAUNCH, 2008 2011
TABLE 61 AGREEMENTS & COLLABORATIONS, 2008 2011
TABLE 62 EXPANSIONS, 2008 2011
TABLE 63 ASAHI GLASS: TOTAL REVENUE, BY GEOGRAPHY, 2009 2010 ($MILLION)
TABLE 64 DAIKIN INDUSTRIES LTD: TOTAL REVENUE, BY GEOGRAPHY, 2009 2010 ($MILLION)
TABLE 65 DONGYUE GROUP LTD: TOTAL REVENUE, BY GEOGRAPHY, 2009 2010 ($MILLION)
TABLE 66 HONEYWELL INTERNATIONAL INC: SPECIALTY MATERIALS SEGMENT REVENUE, 2009 2010 ($MILLION)
TABLE 67 SIMONA AG.: TOTAL REVENUE, BY SEGMENTS, 2009 2010 ($MILLION)
LIST OF FIGURES
FIGURE 1 OVERVIEW OF THE FLUOROPOLYMERS VALUE CHAIN
FIGURE 2 IMPACT OF MAJOR DRIVERS ON FLUOROPOLYMERS MARKET, 2010 2016
FIGURE 3 GLOBAL KEY END-USER INDUSTRIES MARKET REVENUE, 2009 2016 ($BILLION)
FIGURE 4 GROWING PV INSTALLATIONS
FIGURE 5 IMPACT OF MAJOR RESTRAINS ON FLUOROPOLYMERS MARKET, 2010 2016
FIGURE 6 IMPACT OF MAJOR OPPORTUNITIES ON FLUOROPOLYMERS MARKET, 2010 - 2016
FIGURE 7 PORTERS FIVE FORCES
FIGURE 8 FLUORSPAR MARKET SHARE, BY END APPLICATIONS, 2010
FIGURE 9 FLUORSPAR PRODUCTION IN CHINA, 2005 - 2010 (MILLION TONS)
FIGURE 10 GLOBAL FLUORSPAR PRODUCTION, 2010
FIGURE 11 GLOBAL RESERVES OF FLUORSPAR, 2010
FIGURE 12 HYDROFLUORIC ACID MARKET SHARE, BY END APPLICATIONS, 2010
FIGURE 13 GLOBAL FLUOROPOLYMERS MARKET SHARE, 2010
FIGURE 14 PATENT ANALYSIS, BY GEOGRAPHY, JANUARY 2008 DECEMBER 2011
FIGURE 15 PATENT TRENDS, BY GEOGRAPHY, JANUARY 2008 DECEMBER 2011
FIGURE 16 PATENT ANALYSIS, BY COMPANIES, JANUARY 2008 DECEMBER 2011
FIGURE 17 GLOBAL FLUOROPOLYMERS MARKET SHARE, BY PRODUCT TYPES, 2010
FIGURE 18 FLUOROPOLYMERS MARKET SHARE, BY APPLICATIONS, 2010
FIGURE 19 FLUOROPOLYMERS MARKET SHARE, BY GEOGRAPHY, 2010
FIGURE 20 MAJOR GROWTH STRATEGIES IN THE GLOBAL FLUOROPOLYMER MARKET, JANUARY 2008 DECEMBER 2011
FIGURE 21 GLOBAL FLUOROPOLYMERS MARKET: DEVELOPMENTS, BY GROWTH STRATEGIES, JANUARY 2008 DECEMBER 2011
FIGURE 22 GLOBAL FLUOROPOLYMER MARKET: GROWTH STRATEGIES, BY GEOGRAPHY, JANUARY 2008 - DECEMBER 2011
FIGURE 23 GLOBAL FLUOROPOLYMER MARKET GROWTH STRATEGIES, BY COMPANIES, JANUARY 2008 DECEMBER 2011
The global fluoropolymers market is witnessing high 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. The applications of fluoropolymers cover almost all facets of human life ranging from household uses to electronics and automotives. Fluoropolymers are widely being used in automobiles, electrical and electronics, and chemical processing industries. Typical uses of fluoropolymers 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 equipments, etc.
The global fluoropolymers market in terms of revenue was estimated to be worth $5,880.0 million in 2010 and is expected to reach $9,446.0 million by 2016, growing at a CAGR of 6.5% from 2011 to 2016. Asia-Pacific and North America dominates the global fluoropolymers market, together accounting for 71.1% of the global fluoropolymers demand in 2010. 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.
Expansion of application areas have resulted in a boost in demand for fluoropolymers in the recent years. Emerging new applications including photovoltaic modules, fuel cells, jacketing, lithium-ion batteries, etc. are expected to fuel the growth of fluoropolymers market in the near future. The durable nature and excellent performance characteristics of fluoropolymers in harsh environments and demanding applications are expected to further help the market. The increasing penetration of low volume fluoropolymers 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.
Fluoropolymers Market Share, By Geography, 2010
Source: ICIS, Chemical Week Magazine, Arkema, Primary Interviews, MarketsandMarkets Analysis
North America dominates the global fluoropolymers market, accounting for 40.7% of the overall consumption in 2010. Asia-Pacific and Europe are the second and third largest fluoropolymers consuming regions, accounting for 30.4% and 21.0% of the overall market in 2010. North America owing to its fast pace of economic advancement and huge demand from wide range of industries such as electrical and electronics and automotives is a frontrunner in the consumption of fluoropolymers. In recent years, Asia-Pacific has 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 fluoropolymers market include DuPont (U.S.), Dyneon (U.S.), Solvay (Belgium), Daikin (Japan), Asahi glass fluoropolymers (Japan), etc.

