DUBLIN, Dec. 19, 2023 /PRNewswire/ -- The "Fluoropolymer Materials: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
Although traditional applications are reaching their saturation point, fluoropolymers continue to find new applications. For example, in automotive and aviation markets, fluoropolymers are gaining use because of their ability to provide heat and chemical resistance, strength, durability, and weight reduction. In the electronics sector, more stringent technical and environmental specifications will promote the use of high-performance materials that are inherently flame-retardant. Other examples of developmental applications for fluoropolymers include lithium-ion batteries, fuel-cell membranes, aircraft interior components, and backsheets for photovoltaic modules.
At present, the key end-user industries, mainly transportation and electrical and electronics, are undergoing significant transitions. These megatrends are playing a vital role in shaping the overall fluoropolymers market. Energy transition from conventional to renewable energy sources is, in turn, driving demand for fluoropolymers in solar, wind and lithium-ion batteries. The surge in semiconductor demand is also acting as a key driver for fluoropolymers. These materials offer outstanding insulation properties as well as electrical conductivity, thus making them suitable for usage in EVs. In addition, strict government regulations pertaining to emissions and safety standards are also pushing the fluoropolymers demand in automotive.
PVDF is the fastest-growing fluoropolymer product, especially in solar and lithium-ion battery applications. Demand for PVDF is expected to grow exponentially due to its rising application in lithiumion batteries and architectural coatings. The growth in the chemical processing, cookware, bakeware, and medical markets are also important driving forces for the fluoropolymer industry.
Fluoroelastomer demand is growing at a steady pace with lucrative growth avenues from the transportation sector. Demand is being driven by new product developments in sealing applications (which result in better performance), further tightening of emissions standards in many industrialized countries and strong expansion of automobile production. Fluoroelastomers are also gaining ground in the medical and food processing industries as they provide long-term protection against high temperatures and also fight corrosion. Demand for fluoropolymers is also likely to expand in the medical sector, led by rising applications in catheters, filters and implantable medical devices.
The report provides an overview of the global market for fluoropolymer materials and analyzes key market trends. The base year considered for analysis is 2022, while the market estimates and forecasts are given for 2023 to 2028. The market estimates are only provided in terms of revenue (USD million) and volume (kilotons) at the global level, whereas for the remaining segments, only volume estimation is provided.
The Report Includes
- 38 data tables and 56 additional tables
- An up-to-date overview and industry analysis of the global markets for fluoropolymer materials (all the commercially available grades actively utilized and consumed worldwide)
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2027, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and growth forecast for fluoropolymers markets both in revenue/value (USD millions) and consumption/volumetric (Kilo tons) terms, and corresponding market share analysis based on resin type, end-use application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (drivers, restraints, opportunities, and industry-specific challenges) with respect to specific growth trends, upcoming prospects, and contributions to the overall market
- Analysis of the market growth opportunities with a holistic review of Porter's five forces analysis and PESTLE analysis considering both micro
- and macro environmental factors prevailing in the industry
- Understanding of ESG perspectives on the worldwide market for fluoropolymers, with emphasis on the impact of ESG factors on performance, ratings and matrices; consumer attitudes; and ESG followed practices
- A relevant patent analysis with significant allotments of the patent data featuring fluoropolymers
- Identification of the major stakeholders, and analysis of their company competitive landscape based on recent developments, segmental revenues, and operational integration
- Descriptive company profiles of the leading market players, including Arkema, The Chemours Co, Daikin Industries Ltd., Kureha Corp., Saint Gobain, and Solvay
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- Industry Background
- The Fluoropolymer Family
- Homopolymers
- Copolymers
- Fluoroelastomers
- Raw Material Analysis
Chapter 4 Market Dynamics
Chapter 5 Emerging Technologies and Developments
- ProPApp process for PTFE production
- Developments in Flexible PVDF-based Piezoelectric Polymer Devices for Energy Harvesting Systems
- Novel Technology to Blend PVDF with Rubber
- Mineralization Aids the Chemical Recycling of Fluoropolymers.
- Significant Product Development by Dongyue Group
- Fluoropolymers Without the Use of Fluorosurfactants.
- Patent Analysis
Chapter 6 Market Analysis by Type of Resin
- Polytetrafluoroethylene (PTFE)
- Polyvinylidene Fluoride (PVDF)
- Fluorinated Ethylene Propylene (FEP)
- Ethylene Tetrafluoroethylene (ETFE)
- Other Fluoropolymers
- Fluoroelastomers
Chapter 7 Market Breakdown by End-Use Industry
- Industrial
- Applications
- Market Size and Forecast
- Electrical and Electronics
- Applications
- Role of Fluoropolymers in Propelling the Energy Transition
- Market Size and Forecast
- Transportation
- Role of Lithium-ion Batteries in Creating a Demand Pull for Fluoropolymers
- Transportation Applications of Fluoropolymers
- Market Size and Forecast
- Building and Construction
- Applications
- Market Size and Forecast
- Other Markets
- Applications
- Cookware and Bakeware Markets
- Medical Markets
- Market Size and Forecast
Chapter 8 Market Analysis by Region
Chapter 9 ESG Development
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
- 3M
- AGC Chemicals Americas
- Arkema
- Chenguang Research Institute Of Chemical Industry
- The Chemours
- Daikin Industries
- Ensinger
- Fluorocarbon
- Fluorotherm Polymers
- Fuxin Heng Tong Fluorine Chemicals
- Guarniflon
- Gujarat Fluorochemicals
- Halopolymer
- Honeywell International
- Isoflon
- Jiangsu Meilan Chemical
- Kureha
- Murtfeldt Kunststoffe
- Newage Industries
- Parker Hannifin
- Saint-Gobain
- Shamrock Technologies
- Shandong Dongyue Polymer Material
- Shanghai Huayi 3F New Materials
- Simona
- Solvay
- Thermoseal
- Westlake Plastics
- Zeus Industrial Products
- Zibo Bainaisi Chemical
For more information about this report visit https://www.researchandmarkets.com/r/bbo3h
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