Report Highlights
The global market volume for fluoropolymer materials is estimated to increase from 346.97 kilotons in 2023 to reach 442.79 kilotons by 2028, at a compound annual growth rate (CAGR) of 5.0% from 2023 through 2028.
Report Includes
- 38 data tables and 56 additional tables
- An up-to-date overview and industry analysis of the global markets for fluoropolymer materials (all the commercially available grades actively utilized and consumed worldwide)
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2027, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and growth forecast for fluoropolymers markets both in revenue/value (USD millions) and consumption/volumetric (Kilo tons) terms, and corresponding market share analysis based on resin type, end-use application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (drivers, restraints, opportunities, and industry-specific challenges) with respect to specific growth trends, upcoming prospects, and contributions to the overall market
- Analysis of the market growth opportunities with a holistic review of Porter’s five forces analysis and PESTLE analysis considering both micro- and macro environmental factors prevailing in the industry
- Understanding of ESG perspectives on the worldwide market for fluoropolymers, with emphasis on the impact of ESG factors on performance, ratings and matrices; consumer attitudes; and ESG followed practices
- A relevant patent analysis with significant allotments of the patent data featuring fluoropolymers
- Identification of the major stakeholders, and analysis of their company competitive landscape based on recent developments, segmental revenues, and operational integration
- Descriptive company profiles of the leading market players, including Arkema, The Chemours Co, Daikin Industries Ltd., Kureha Corp., Saint Gobain, and Solvay
Report Scope
The report provides an overview of the global market for fluoropolymer materials and analyzes key market trends. The base year considered for analysis is 2022, while the market estimates and forecasts are given for 2023 to 2028. The market estimates are only provided in terms of revenue (USD million) and volume (kilotons) at the global level, whereas for the remaining segments, only volume estimation is provided.
The market is segmented based on resin type, end-user industry, and region. Within resin type, PTFE, PVDF, FEP, ETFE, other fluoropolymers, and fluoroelastomers are considered. Other fluoropolymers include polyvinyl fluoride (PVF), polychlorotrifluoroethylene (PCTFE), perfluoroalkoxy alkanes (PFA), ethylene-chlorotrifluoroethylene (ECTFE), sulfonated tetrafluoroethylene (PFSA), amorphous fluoropolymers (AF), poly(TFE-CO-HFP-CO-VDF) (THV) and fluoroplastic foam resin (FFR). Within the end-user segmentation, industrial, electrical and electronics, transportation, building and construction, and other markets are considered. Other markets include cookware and bakeware product coatings, medical devices, and fabric protection.
The report study provides a cross-segmentation analysis at the global level of each resin type within end-user and regional segments. This enables the reader to attain a better understanding of the relative penetration of each resin within every end-user as well as regional segment.
The report also analyzes fluoropolymer technology developments, industry structure, and market dynamics. Profiles of the leading fluoropolymer resin companies and processors describe company products, markets, geographic focus, market shares, and recent corporate developments. The impact of COVID-19 and the Russia-Ukraine war conflict has also been considered while deriving market estimates.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||||||||||||
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Base year considered | 2022 | ||||||||||||||||||||||||||||||
Forecast period considered | 2023-2028 | ||||||||||||||||||||||||||||||
Base year market size | 332.64 kilotons | ||||||||||||||||||||||||||||||
Market size forecast | 442.79 kilotons | ||||||||||||||||||||||||||||||
Growth rate | CAGR of 5.0% for the forecast period of 2023-2028 | ||||||||||||||||||||||||||||||
Units considered | Kilotons and $ Millions | ||||||||||||||||||||||||||||||
Segments covered | Resin Type, End-Use Application, and Geographic Region | ||||||||||||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||||||||||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- A paradigm shift in the telecom & electronics sector
- Proliferation in the usage of fluoropolymers within 3D printing technology
- A surge in the usage of fluoropolymers within green technology applications
- Replacement of Conventional Materials
Analyst Credentials
Yukti Chaturvedi– Associate Consultant-Advanced Materials Research
Yukti Chaturvedi has over five years of experience in market research. She has a strong knowledge of plastics, chemicals, consumer goods, and advanced materials research. She has handled end-to-end business by providing strategic recommendations and understanding clients’ requirements thoroughly in the market research industry. She demonstrated excellence in working effectively in critical areas − competitor intelligence, product intelligence, market understanding, industry trend analysis, and customer insights. Academically, she is an MBA graduate in International Business.
Report Highlights
The global market for fluoropolymers should grow from $5.7 billion in 2020 to $7.4 billion by 2025, at compound annual growth rate (CAGR) of 5.4% for the period of 2020-2025.
Report Includes
- 60 tables
- An overview of global market for fluoropolymer materials
- Estimation of the market size and analyses of market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Explanation of the major drivers restrains and opportunities and regional dynamics of the market and assessment of latest trends
- Market share analysis of the fluoropolymer materials based on resin type, end-use and region and evaluation of current market trends, market size, and market forecast
- Detailed description of the fluoropolymer family and product types i.e., the homopolymers and the copolymers
- Analysis of feedstock markets, resin industry structure, latest developments of the fluoropolymer industry and details of the fluoropolymer feedstock and resin production and fluoropolymer processors and converters
- Impact analysis of coronavirus on the global economy; and discussion on impact of COVID-19 on fluoropolymer industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Comprehensive company profiles of the leading players of the industry, including Arkema, Fluorocarbon Co. Ltd., Honeywell International Inc., Parker Hannifin Corp., and Saint-Gobain Performance Plastics
Report Highlights
Global consumption of fluoropolymers amounted to 702.7 million lbs. in 2014 and is projected to total 740.4 million lbs. in 2015. The market is expected to grow during the period 2015 to 2020 at a compound annual growth rate (CAGR) of 5.5% to reach 969.1 million lbs. In 2020.
Report Includes
- An overview of the global market and technologies for fluoropolymer materials.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.
- Coverage of the fluoropolymer product family including:
- Polytetrafluoroethylene (PTFE)
- Fluorinated ethylene propylene (FEP)
- Polyvinylidenefluoride (PVDF)
- Polyvinyl fluoride (PVF)
- Polychlorotrifluoroethylene (PCTFE)
- Perfluoroalkoxy (PFA)
- Ethylene chlorotrifluoroethylene (ECTFE)
- Ethylene tetrafluoroethylene (ETFE)
- Fluoroelastomers (FKM)
- Other fluoropolymers
- The market's drivers and trends, specifically econmic, social, demographic, environmental, and technological influences.
- Information on fluoropolymer companies, including their product, market and geographic focus, market share and recent corporate developments.
- Analysis of end use sectors including transportation, electrical & electronics (electronic parts & components), industrial plant and machinery, building & construction, and other markets.
- Profiles of major players in the industry.
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