Fluoropolymer Processing Aid Companies

In terms of value, the fluoropolymer processing aid market is estimated to grow from USD 1.53 billion in 2024 to USD 1.75 billion by 2029, at a CAGR of 2.7%. Fluoropolymer processing aid market has been expanded as the requirement for high-performance materials in many industrial applications, elevated disposable income and government policies for infrastructure and industrialization. Specific factors that cause the fluoropolymer processing aid market are described above. Further, manufacturers of fluoropolymer processing aid have scope in innovations in product design, customizations of the product, and advanced processing techniques; and fluoropolymer application in aerospace automotive and healthcare industries. In addition to these drivers and opportunities, increasing stringent regulations also stay as major challenges years of market growth.

Fluoropolymer Processing Aid Companies

The key players profiled in the report include Arkema (France), 3M Company (US), The Chemours Company (US), Daikin Industries, Ltd. (Japan), Syensqo (Belgium), Adplast (Portugal), SCG Chemicals, Public Company Limited (Thailand), Tosaf Compounds LTD (Israel), Ampacet Corporation (US), and Shanghai Lanpoly Polymer Technology Co., Ltd. (China), Plastiblends India Limited (India), and others. The fluoropolymer processing aid market has witnessed slowdown in the past few years; rising stringent reulations on the toxicity of fluoropolymer processing aids are leading to changing customer preferences twowards Non-PFAS based PPAs. Also, the market players are introducing new technologies, acquisitions, collaborations and features to acquire larger market shares.

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Daikin Industries, Ltd. is a prominent player in the fluoropolymer processing aid manufacturing sector and is renowned for its global leadership in providing innovative solutions. With a robust four key production sites, eight domestic subsidiaries, and 58 overseas subsidiaries, Daikin emphasizes high-quality and durable products that enhance user experience and promote sustainability. It offers a diverse range of fluoropolymer processing aids under their chemicals segment. By 2050, Daikin plans to become carbon neutral by moving to lower GWP refrigerants. The company advances in R&D on environmental concerns, including the development of reuse technologies and C02 capture. The technological innovation center seeks to develop new products.. Daikin maintains its commitment to high-quality standards and profitability, ensuring that its innovative sanitary solutions are delivered effectively across these promising regions.  In September 2024, Daikin Industries Ltd. has announced the plan to expand its operations in India to meet growing demand. The company intends to build a new plant near its existing facility in southern India.

Syensqo, is one of the major industry player, is dedicated to developing and producing top-tier specialty fluoropolymer processing aid products. The company caters to markets such as aerospace, batteries, building, consumer goods, agriculture, electronics, food industry, green hydrogen, healthcare, and industrial, emphasizing innovation and sustainability. The company has 62 production facilities with 12 R&D innovation centers worldwide. It has a strong presence in 30 countries across Europe, Asia Pacific, North America, and South America region. The company operates with two main business divisions, namely, materials and consumer & resources. Through its materials business segment under specialty polymers iessub business division, it offers fluoropolymer processing aids. In January 2024, The company made a three-year strategic partnership with Ellen MacArthur Foundation focusing on advancing the circularity and sustainability agenda within the chemical sector.

Related Reports:

Fluoropolymer Processing Aid Market by Polymer Type (PP, PE, PVC), Application (Blow Film & Cast Film, Pipes & Tubes, Wires & Cables, Fibers & Raffia), Form (Neat/Additive and Masterbatch) and Region - Global Forecast to 2029