Description
Market Scenario
The Fluoropolymer is a kind of chemical compound which is made of the carbon fluoride bonds. It provides one with different properties including stress cracking, mechanical and electrical insulation properties, chemical resistance, thermal resistance, and others. Because of these properties, the fluoropolymers are highly used in various applications, right from coatings to the industrial films. Furthermore, it is also utilized in various household applications, electrical & electronics, construction sectors, and others. The Global Fluoropolymer market is anticipated to reach the value of USD 9,912.5 million by the year 2023. The global market is growing rapidly at a CAGR 6.45% during the valuation period (2017-2023).
There is an increasing demand for the high-quality performance material in the constructional and architectural coatings which is contributing to the growth of the global Fluoropolymer market. Also, there is a growing requirement for the best quality lightweight materials; especially in the automobile industry which is positively adding to the global fluoropolymers market and its growth. Due to its heat resistance properties, the fluoropolymers are found to be suitable for the utilization in the aerospace and semiconductor industry. Furthermore, the increasing consciousness regarding the environmental impacts has made the consumers shift their preference towards the usage of green fluoropolymers, which is projected to boost the market growth. Thus, the growing applications of the fluoropolymers in the different industries are driving the growth of the market during the forecast period.
Market Segmentation
The global fluoropolymers market is bifurcated on the basis of type, end use, application, and geography. Based on its type, the market is divided into polyvinylidene fluoride (PVDF), polytetrafluoroethylene (PTFE), fluoroelastomers (FKM), ethylene tetrafluoroethylene (ETFE), fluorinated ethylene-propylene (FEP), polychlorotrifluoroethylene (PCTFE), and others. On the basis of its application, the market has been segmented into films, paints & coatings, additives, tubing, and others. The market’s end-user industries include chemical processing, electrical & electronics, automotive & transportation, construction, medical, industrial equipment, household, and others. Lastly, based on its geographical demand, the global market has been covered across regions like North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
Key Players
The list of major industry players in the global fluoropolymers market are Solvay SA(Belgium), DowDupont, Inc (U.S.), Asahi Glass Co, Ltd (Japan), Zeus Industrial Products, Inc. (the U.S), Daikin Industries, Ltd (Japan), 3M (U.S.), Honeywell International Inc. (U.S.), Saint-Gobain S.A. (France), and Gujarat Fluorochemicals Ltd (India) among others.
Table of Contents
Table of Contents:
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Growing demand for refrigerants in various end-use industries
5.2.2 Expanding Automotive Industry
5.2.3 Drivers Impact Analysis
5.3 Restraint
5.3.1 Stringent Environmental Regulations
5.3.2 Restraints Impact Analysis
5.4 Opportunity
5.4.1 Increasing adoption of fluoropolymers in emerging applications
5.5 Trend
5.5.1 Introduction of HFCs with low global warming potential
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 Fluorochemicals Manufacturers
6.1.3 Distribution Channel
6.1.4 End-Use Industry
6.2 Porter’s Five Forces Model
6.2.1 Threat of New Entrants
6.2.2 Threat of Rivalry
6.2.3 Threat of Substitutes
6.2.4 Bargaining Power of Suppliers
6.2.5 Bargaining Power of Buyers
7 Global Fluorochemicals Market, by Type
7.1 Introduction
7.2 Fluorocarbons
7.2.1 HFC
7.2.2 HCFC
7.2.3 HFO
7.3 Fluoropolymers
7.3.1 PTFE
7.3.2 PVDF
7.3.3 PCTFE
7.3.4 FEP
7.3.5 Others
7.4 Fluoroelastomers
7.5 Inorganics & Specialties
7.6 Elemental Fluorine
7.7 Fluoropolymer Additives
8 Global Fluorochemicals Market, by Application
8.1 Introduction
8.2 Refrigeration
8.3 Blowing Agent
8.4 Tubing
8.5 Films
8.6 Aluminum Production
8.7 Paint Strippers
8.8 Others
9 Global Fluorochemicals Market, by End-Use Industry
9.1 Introduction
9.2 Electrical & Electronics
9.3 Automotive & Transportation
9.4 Construction
9.5 Consumer Goods
9.6 Industrial Equipment
9.7 Pharmaceuticals
9.8 Chemical Processing
9.9 Others
10 Global Fluorochemicals Market, by Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Spain
10.3.5 Italy
10.3.6 Russia
10.3.7 Poland
10.3.8 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia & New Zealand
10.4.5 Indonesia
10.4.6 South Korea
10.4.7 Malaysia
10.4.8 Rest of Asia-Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.5.4 Rest of Latin America
10.6 Middle East & Africa
10.6.1 Turkey
10.6.2 UAE
10.6.3 Saudi Arabia
10.6.4 Israel
10.6.5 North Africa
10.6.6 Rest of Middle East & Africa
11 Competitive Landscape
11.1 Introduction
11.2 Global Market Strategy Analysis
12 Company Profiles
12.1 Gujarat Fluorochemicals Ltd.
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offered
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 SRF Limited
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offered
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 Daikin Industries Ltd
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offered
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Alufluor AB
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offered
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 Fluorsid SpA
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offered
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategy
12.6 Halocarbon Products Corporation
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offered
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 KUREHA CORPORATION
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offered
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Arkema SA
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products Offered
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 DowDuPont
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offered
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategy
12.1 3M
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offered
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategy
12.11 Solvay
12.11.1 Company Overview
12.11.2 Financial Overview
12.11.3 Products Offered
12.11.4 Key Developments
12.11.5 SWOT Analysis
12.11.6 Key Strategy
12.12 The Chemours Company
12.12.1 Company Overview
12.12.2 Financial Overview
12.12.3 Products Offerings
12.12.4 Key Developments
12.12.5 SWOT Analysis
12.12.6 Key Strategies
13 Conclusion
13.1 Key Findings
