DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Fluoropolymers Material Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.
High performance plastic material like fluoropolymer contains molecules of carbon and fluorine. Fluoropolymers are widely being used in telecom, aerospace, electronics, and automotive sectors respectively. Polytetrafluoroethylene (PTFE) was amongst the first fluoropolymer to be used commercially in 1936. Over the years, more than twelve different types of fluoropolymers have been formulated and used commercially.
With increasing applications, and wide range of key end users, market of fluoropolymers is looking forward for a healthy growth. Global fluoropolymer market was worth $7390million in 2016. By 2023, global fluoropolymer market is anticipated to reach $11700million, growing at CAGR 6% during period 2016-2023. Growing consumer products market, increasing demand for solar PV & solar collector installation, growing production of direct methanol fuel cells in USA & Europe and rising coatings market are the main drivers of global fluoropolymers market.
North America, Asia Pacific, Europe and Rest of the World are the regions covered under global fluoropolymer market reports. North America dominates global fluoropolymers market in terms of revenue in 2016, followed by Europe. North America accounted more -40% in 2015 in terms of volume. Growth in housing sector post 2008 recession, growing electronics and automobile market are the main drivers of fluoropolymers in North America and Europe.
- Daikin Industries Ltd
- Solvay Sa
- Arkema Sa
- Dongyue Group Ltd
- Halopolymer Ojsc
- Kureha Corp
- Ei Dupor De Nemours & Company
- Asahi Glass Co Ltd
- Gujarat Fluorochemicals Ltd
- Honeywell International Inc
- Fuxin Heng Tong Fluorine Chemicals Co Ltd
- Shanghai New Material Co Ltd
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Global Fluoropolymers Materials Market By Region
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/z8d4qg/global