The latest research study “Fluoropolymer Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global fluoropolymer films market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
Fluoropolymer films refer to fluorine and carbon-based polymers that are obtained by cast film extrusion. They are high-performance polymers widely used in extreme chemical conditions and high-temperature applications. Fluoropolymer films are produced by using fluoropolymer compounds and resins, which are composed of monomers, such as vinyl fluoride, chlorotrifluoroethylene, propene, propene hexafluoro, tetrafluoroethylene, ethylene, etc. They exhibit a low friction coefficient and excellent transparency, water absorption, weather resistance, and dielectric and cryogenic properties. Consequently, fluoropolymer films find extensive applications in several industries, such as medical, construction, automotive, etc. In line with this, they are extensively utilized in anti-corrosive linings, photovoltaic cell glazing, pharmaceutical cap liners, and cable insulation.
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Fluoropolymer Films Market Trends and Drivers:
The rising utilization of these polymers as a coating material in textile architecture, windows, and doors for security and safety purposes is primarily driving the fluoropolymer films market. Additionally, the growing consumer inclination towards aesthetically pleasing designs is further bolstering the market growth. Besides this, the development of green fluoropolymer films, owing to the increasing consumer environmental consciousness, and the escalating demand for lightweight fluoropolymer films are acting as significant growth-inducing factors. Moreover, the launch of favorable policies by government bodies for supporting infrastructural development and the widespread adoption of fluoropolymer films in the automotive and aerospace industries, as they provide longer shelf life for critical components utilized in emission control, safety, and performance enhancement, are positively influencing the global market. Apart from this, the introduction of polyvinylidene fluoride (PVDF), a highly non-reactive thermoplastic used as a standard binding material in the manufacturing of composite electrodes for lithium-ion batteries, is anticipated to fuel the fluoropolymer films market over the forecasted period.
Fluoropolymer Films Market 2023-2028 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3M Company
- AGC Inc.
- American Durafilm Co. Inc.
- Arkema S.A.
- Compagnie de Saint-Gobain S.A.
- Daikin Industries Ltd.
- DuPont de Nemours Inc.
- Honeywell International Inc.
- Nitto Denko Corporation
- Solvay S.A. and The Chemours Company.
The report has segmented the market on the basis of type, application and end use industry.
Breakup by Type:
- Polytetrafluoroethylene (PTFE)
- Polyvinylidene Fluoride (PVDF)
- Fluorinated Ethylene-Propylene (FEP)
- Polyethylene Tetrafluoroethylene (PETFE)
- Polychlorotrifluoroethylene (PCTFE)
- Polyvinyl Fluoride (PVF)
Breakup by Application:
- Barrier Films
- Safety and Security Films
Breakup by End Use Industry:
- Electrical and Electronics
- Personal Care
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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