PUBLISHER: Grand View Research | PRODUCT CODE: 1750727
PUBLISHER: Grand View Research | PRODUCT CODE: 1750727
The global fluoropolymer films market size is anticipated to reach USD 2.74 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 11.9% from 2025 to 2030. Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.
Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities.
In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.
The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries, especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.