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Fluoropolymers Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Fluoropolymers Market: By Type (Ethylene Tetrafluoroethylene (ETFE), Fluorinated Ethylene-Propylene (FEP), Fluoroelastomers, and others); Form (Dispersion, Granular, and Powder); Application (Additives, Film, Membrane, and Others); End User Industry (Transportation Equipment, Electrical and Electronics, and Others); and Region—Industry Dynamics, Market Size and Opportunity Forecast till 2031

  • Published Date: Feb-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0222139  | Delivery: 2 to 4 Hours
Fluoropolymers Market

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Report AttributeDetails
Market Size Value in 2022US$ 8.21 Bn
Expected Revenue in 2031US$ 12.54 Bn
Historic Data2018-2022
Base Year2022
Forecast Period2023-2031
UnitValue (USD Bn)
Segments coveredBy Type, Form, Application, End-user, By Region
Key Companies                                                                                                                                                     3M, Arkema Group, Asahi Glass Co, Ltd., Daikin Industries, Ltd., Dongyue Group, Dow Dupont, Inc., Ensinger Inc., Gujarat Fluorochemicals Ltd., Halopolymer, OJSC, Honeywell International Inc., Hubei Everflon Polymer CO., Ltd., Itaflon Srl, Jiangsu Meilan Chemical Co., Ltd., Juhua Group Corporation, Kureha Corporation, L. Gore & Associates, Inc., Lee & Man Chemical Company Limited, Polyfluor Plastics bv, Saint-Gobain S.A., Shandong Hengyi New Material Technology Co., Ltd., Shanghai Huayi 3F New Materials Co., Ltd., Solvay S.A., The Chemours Chenguang Fluoromaterials (Shanghai) Co., Ltd., The Chemours Company , Zeus Industrial Products, Inc., Other Prominent Players
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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$ 8.21 billion in 2022.

Global Fluoropolymers Market is estimated to expand at a CAGR of 4.3% during the forecast period 2023-2031. 

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 2022. 

Pipe segment has the highest share in the Global Fluoropolymers Market in 2022. 

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.