PUBLISHER: Industry Experts | PRODUCT CODE: 1095870
PUBLISHER: Industry Experts | PRODUCT CODE: 1095870
Global fluoropolymers growth is attributed mainly to the robust growth in the developing regions and also continued economic recovery in the developed nations that drives industrial investment and growth in construction activities. PTFE is the largest fluoropolymer in terms of volume and value. However, melt-processable fluoropolymers such as PVDF, FEP, ETFE and ECTFE are forecast to record fastest growth during the analysis period, owing to the significant demand from emerging applications such as photovoltaic modules and architectural membranes among others.
Asia-Pacific is the world's largest volume market for Fluoropolymers, accounted for a 54.3% share in 2021, which is also likely to record the fastest 2021-2026 CAGR of 8.7% in reaching a projected 282 thousand metric tons by 2026, thanks to high demand for PVDF from electric vehicle batteries and solar photovoltaics. North American region is the second largest market for Fluoropolymers globally, occupying a 2021 share of 25.6% followed by Europe with share of 17.7%.
The report analyzes the market for the following types of Fluoropolymers:
End-Use sectors of Fluoropolymers analyzed in this study comprise the following:
The report reviews, analyzes and projects the global Fluoropolymers market for the period 2017-2026 in terms of market value in US$ and the volume in metric tons; and the compound annual growth rates (CAGRs) projected from 2021 through 2026 with a special focus on y-o-y growth for 2019 and 2020.