Fluoropolymers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Fluoropolymers Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

Published Date

03-May-2016

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Fluoropolymers Market to Reach US$10.64 bn by 2024,

Buoyed by High Demand in Industrial Processing : TMR

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Fluoropolymers Market

REPORT DESCRIPTION

Fluoropolymers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

Transparency Market Research has published a new report titled “Fluoropolymers Market - Global

Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” According to the

report, the global fluoropolymers market was valued at US$5.88 bn in 2015 and is anticipated to

reach US$10.64 bn by 2024, expanding at a CAGR of 6.8% between 2016 and 2024.

Fluoropolymers are a group of specialty polymers with multiple strong carbon-fluorine bonds. They

exhibit excellent resistance to chemical and heat. Fluoropolymers are inert to almost all chemicals

including acids, bases, and solvents. They are also able to endure a wide temperature range.

Fluoropolymers are mostly used as coatings, resins, and films. The global fluoropolymers market is

consolidated; it is dominated by the top companies such as Chemours, Solvay, 3M, Asahi Glass Co.,

and Daikin Industries. The fluoropolymers market is driven by the growth of automotive and electrical

& electronics industries especially in Asia Pacific. However, the environmental & health concerns of

fluoropolymers coupled with volatile prices acts as a challenge for the market.

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