Global Fluoropolymer Market to Reach USD 6.8 Bn by 2022, Expects Lucintel in Its Topical Research Report Available at MarketPublishers.com
13 Nov 2017 • by Natalie Aster
LONDON – Nowadays, the world’s fluoropolymer market provides a range of lucrative opportunities in manifold end-use sectors (including electronics, healthcare, construction, transportation, etc.). Fuelled by soaring demand for high-performance polymers in a slew of industries owing to their superior properties, the global fluoropolymer market is predicted to see remarkable uptake in the years to come. By 2022, this market is poised to amount to USD 6.8 billion, exhibiting a CAGR of 5.1% during 2017-2022.
The dynamics of the global fluoropolymer market is significantly impacted by such emerging trends like expanding adoption of fluoropolymers in new applications and advancements in closed-loop up cycling production processes.
Amid end-use industries, the industrial processing is likely to maintain its leadership in the total market in terms of value and volume, and is poised to see the highest CAGR in the years ahead.
As for types, the market is set to be dominated by PTFE fluoropolymer in terms of size and is anticipated to rise at the highest pace.
Regionally, APAC is projected to continue holding the biggest share of the world’s market for fluoropolymers. This regional fluoropolymer market is likely to demonstrate the highest growth rates through 2022, encouraged majorly by robust growth in the key end-use sectors.
The most prominent market participants include but are not limited to Solvay, Chemours, 3M (Dyneon), Halopolymer OJSC, Daikin Industries.
Topical research report “Growth Opportunities in the Global Fluoropolymer Market” developed by Lucintel offers a profound analysis of the fluoropolymer market on both global and regional scales. The report delves deep into the current market performance as well as provides future forecasts of the possible development of the global fluoropolymer market up till 2022.
The report examines the market segmentation (by type, by end-use industry, by region) and uncovers data on size, shares and growth rates for each segment. It explores the market dynamics, focusing on the main market growth drivers, restraints, challenges, trends and opportunities; pinpoints the most promising sectors and geographies, scrutinises supply chain, traces light on the competitive scene in the fluoropolymer market, comprises Porter’s five forces analysis, investigates the market historical background, offers market data for 2011-2022. Additionally, the report presents detailed profiles of the leading market participants.
A full list of comprehensive research reports by Lucintel is available at the publisher’s online page at MarketPublishers.com.