Global Fluoropolymers Market to Reach Us$10.64 Bn by 2024; Apac, Led by China, to Exhibit Fastest Growth

Transparency Market

Research

Fluoropolymers Market - Global Industry Analysis,

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

Published Date

03-May-2016

187 Page Report

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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 (PTFE, PVDF, FEP,

Fluoroelastomers, PVF, and Others) Market for Industrial Processing, Automotive, Electrical &

Electronics, Construction, and Other End-users – Global Industry Analysis, Size, Share, Growth,

Trends, and Forecast, 2016–2024.” According to the report, the global market for fluoropolymers was valued

at US$ 5.88 Bn in 2015 and is anticipated to reach US$ 10.64 Bn in 2024, expanding at a CAGR of 6.8%

between 2016 and 2024.

Fluoropolymers are one of the most versatile groups of specialty polymers. These are used in various end-use

industries such as industrial processing, electrical & electronics, automotive, and construction. High thermal

resistance and chemical inertness exhibited by fluoropolymers is the primary functionality that drives its

applications. Polytetrafluoroethylene (PTFE) was the first fluoropolymer to be commercialized. It continues to

witness the leading position in terms of demand. Other popular fluoropolymers include PVDF (polyvinylidene

fluoride) and FEP (fluorinated ethylene propylene). Among end-user industries, industrial processing

accounted for the largest market for fluoropolymers in 2015. Automotive, electrical & electronics and

construction are estimated to exhibit promising growth over the forecast period. The...