Technavio Announces the Publication of its
Research Report Global Fluoropolymer Market 2016-2020
Technavio recognizes the following companies as the key players in the global fluoropolymer market: 3M, Asahi Glass, Chemours, Daikin Industries, and Solvay.
Other prominent vendors in the market are: Arkema, BASF, Fluorotherm Polymers, Gujarat Fluorochemicals, HaloPolymer, Honeywell, Kureha, Parker Hannifin, Saint-Gobain, SABIC, Shandong Dongyue, Shanghai 3F New Materials, Whitford, Zeus, and Zhejiang Juhua.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is rise in applications of fluoropolymers in construction and pharmaceuticals. Fluoropolymers are in high demand in the construction segment due to its high durability, UV radiation resistance, and anti-corrosion properties. They are used in manufacturing materials such as architectural membranes, coatings and paints, caulks, tubings, and wires and cables. The architectural membranes made of fluoropolymer coated fabrics, especially PTFE, are used in the construction of large roofs (mainly in stadiums).”
According to the report, one of the primary drivers in the market is rapid growth and expansion in APAC. Currently, APAC is the largest producer and consumer of fluoropolymer products. The region is the largest market for PTFE, the largest fluoropolymer product type, accounting for around 40% of the global market share by revenue. Further, the availability of raw materials (fluorspar, ethylene, and fluorocarbon) at lower prices and availability of skilled labor, land, and industrial equipment has made the region a target destination for manufacturing fluoropolymers.
Technavio recognizes the following companies as the key players in the global fluoropolymer market: 3M, Asahi Glass, Chemours, Daikin Industries, and Solvay.
Other prominent vendors in the market are: Arkema, BASF, Fluorotherm Polymers, Gujarat Fluorochemicals, HaloPolymer, Honeywell, Kureha, Parker Hannifin, Saint-Gobain, SABIC, Shandong Dongyue, Shanghai 3F New Materials, Whitford, Zeus, and Zhejiang Juhua.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is rise in applications of fluoropolymers in construction and pharmaceuticals. Fluoropolymers are in high demand in the construction segment due to its high durability, UV radiation resistance, and anti-corrosion properties. They are used in manufacturing materials such as architectural membranes, coatings and paints, caulks, tubings, and wires and cables. The architectural membranes made of fluoropolymer coated fabrics, especially PTFE, are used in the construction of large roofs (mainly in stadiums).”
According to the report, one of the primary drivers in the market is rapid growth and expansion in APAC. Currently, APAC is the largest producer and consumer of fluoropolymer products. The region is the largest market for PTFE, the largest fluoropolymer product type, accounting for around 40% of the global market share by revenue. Further, the availability of raw materials (fluorspar, ethylene, and fluorocarbon) at lower prices and availability of skilled labor, land, and industrial equipment has made the region a target destination for manufacturing fluoropolymers.
Further, the report states that one major
challenge in the market is intense competition from low-cost products from
China. China produces low-cost fluoropolymers (mainly PTFE) in huge quantities,
which it exports to other countries, including the US, Europe, and countries in
Middle East Asia. This is posing a challenge to other manufacturing countries
such as Japan, Germany, India, and Russia. The availability of cheaper products
can be attributed to factors such as the availability of cheap labor, efficient
supply chain, mass production and dumping, and controversial currency
manipulation of Chinese Yuan.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/455987
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/455987
About Fluoropolymer
Fluoropolymers are fluorocarbon-based polymers formed by the strong bonds between carbon and fluorine, which makes them mechanically stable. These polymers are categorized into thermoplastics or thermosets. They are high-performance plastics and are characterized by high resistance to acids, bases, and solvents. Fluoropolymers account for about 20% of the overall fluorochemicals available in the market.
Technavio’s analysts forecast the global fluoropolymer market to grow at a CAGR of 5.46% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global fluoropolymer market for 2016-2020. To calculate the market size, the report considers the revenue generated from the fluoropolymers market across regions has been considered for market size calculation.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Fluoropolymer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• 3M
• Asahi Glass
• Chemours
• Daikin Industries
• Solvay
Other prominent vendors
• Arkema
• BASF
• Fluorotherm Polymers
• Gujarat Fluorochemicals
• HaloPolymer
• Honeywell
• Kureha
• Parker Hannifin
• Saint-Gobain
• SABIC
• Shandong Dongyue
• Shanghai 3F New Materials
• Whitford
• Zeus
• Zhejiang Juhua
Market driver
• Rise in demand for fluoropolymers from end-user industries.
• For a full, detailed list, view our report
Market challenge
• Intense competition from low-cost products from China.
• For a full, detailed list, view our report
Market trend
• Rise in applications of fluoropolymers in construction and pharmaceuticals.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Fluoropolymers are fluorocarbon-based polymers formed by the strong bonds between carbon and fluorine, which makes them mechanically stable. These polymers are categorized into thermoplastics or thermosets. They are high-performance plastics and are characterized by high resistance to acids, bases, and solvents. Fluoropolymers account for about 20% of the overall fluorochemicals available in the market.
Technavio’s analysts forecast the global fluoropolymer market to grow at a CAGR of 5.46% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global fluoropolymer market for 2016-2020. To calculate the market size, the report considers the revenue generated from the fluoropolymers market across regions has been considered for market size calculation.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Fluoropolymer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• 3M
• Asahi Glass
• Chemours
• Daikin Industries
• Solvay
Other prominent vendors
• Arkema
• BASF
• Fluorotherm Polymers
• Gujarat Fluorochemicals
• HaloPolymer
• Honeywell
• Kureha
• Parker Hannifin
• Saint-Gobain
• SABIC
• Shandong Dongyue
• Shanghai 3F New Materials
• Whitford
• Zeus
• Zhejiang Juhua
Market driver
• Rise in demand for fluoropolymers from end-user industries.
• For a full, detailed list, view our report
Market challenge
• Intense competition from low-cost products from China.
• For a full, detailed list, view our report
Market trend
• Rise in applications of fluoropolymers in construction and pharmaceuticals.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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