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Fluoropolymers Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Fluoropolymers Market- (By Type - Ethylene Tetrafluoroethylene (ETFE), Fluorinated Ethylene-Propylene (FEP), Fluoroelastomers, and others; By Form – Dispersion, Granular, and Powder; By Application – Additives, Film, Membrane, and Others; By End User Industry – Transportation Equipment, Electrical and Electronics, and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 14-Feb-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0222139
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Fluoropolymers Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 7,899.1 Mn
Expected Revenue in 2027US$ 10,196.5 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR4.3%
Segments coveredBy Type, Form, Application, End-user, and Region
Key CompaniesHubei Everflon Polymer CO. Ltd., Saint-Gobain S.A, Solvay S.A., and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Fluoropolymers are lightweight and durable plastic resins with a strong carbon-fluoride bond. 

Fluoropolymers have broad temperature ranges, low friction, chemical resistance, high mechanical power, and excellent dielectric, wear, and thermal insulation properties. 

Fluoropolymers are available in different forms such as dispersion, granulate and powder.

The end user industries of fluoropolymers are transportation equipment, electrical & electronics, industrial equipment, and medical equipment among others. 

The Global Fluoropolymers Market was valued at US$ 7,899.1 Mn in 2021.

Global Fluoropolymers Market is estimated to expand at a CAGR of 4.3% during the forecast period 2022-2027. 

Factors such as growing application of fluoropolymer in the automotive industry and rising spending on construction activities and infrastructural development projects are driving the Global Fluoropolymers Market. 

High cost of fluoropolymers and environmental concerns associated with the use of fluoropolymers is restraining the market growth. 

Fluoropolymers are increasingly used in different medical applications such as medical equipment and implantable devices as well as contribute to reducing medical complications, thereby leading to market growth. 

Fluoroelastomers holds the highest share in the Global Fluoropolymers Market in 2021. 

Pipe segment has the highest share in the Global Fluoropolymers Market in 2021. 

Medical and pharmaceutical industry will dominate the fluoropolymers market over the forecast period. 

Asia Pacific region holds the highest share of the Global Fluoropolymers Market. 

The key players in the Global Fluoropolymers Market are Chemours, Daikin, 3M (Dyneon), Solvay, and Dongyue among others.