Dublin, Nov. 8, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/zfkzxz/fluoropolymer)
has announced the addition of the "Fluoropolymer
Market, By Type (PTFE, PVDF, FEP, Fluoroelastomers) &
Application (Automotive, Electrical & Electronics, Chemical
Processing, Industrial) - Global Trends & Forecast to 2018"
report to their offering.
The global fluoropolymer market in terms of revenue was estimated
to be worth $7,159.3 million in 2012 and is expected to reach
$9,797.4 million by 2018, growing at a CAGR of 5.7% from 2013 to
2018.
The global fluoropolymer market is experiencing growth on
account of increasing applications, technological advancements, and
rapidly growing demand in the Asia-Pacific region. Fluoropolymers
are some of the most versatile polymers known and are used in
almost every field of modern industries. Fluoropolymer is widely
used in automobiles, electrical and electronics, and chemical
processing industries. Typical uses of fluoropolymer include
electrical insulation, gaskets, coatings, seals, non-stick
surfaces, space apparel, bushing, pipes and hoses, control cables,
underhood wire, tank and reactor linings, lined pipes, valves,
fiber optic cables, fluid handling equipment, etc.
Asia-Pacific and North America dominated the global fluoropolymer
market demand in 2012. Asia-Pacific is expected to be the fastest
growing market in the near future owing to the rapid advancement
and increasing demand from key countries such as China and
India.
The increasing penetration of low volume fluoropolymer such as PVDF
and FEP in uses such as semiconductor manufacturing, wire and cable
insulation, and coating in construction applications are expected
to lead the market towards product innovation and material
development. Also, the development of melt processable PTFE is
expected to help the future prospects of the maturing PTFE
market.
North America dominated the global fluoropolymer market, accounting
for a major share in overall consumption in 2012. Asia-Pacific and
Europe remained second and third largest fluoropolymers consuming
regions. North America, owing to its fast pace of economic
advancement and huge demand from a wide range of industries such as
electrical and electronics and automobiles, is a frontrunner in the
consumption of fluoropolymer. In recent years, Asia-Pacific
registered a strong demand for fluoropolymers and the trend is
expected to continue in the near future, driven by China and India.
The low cost production of PTFE in China is expected to encourage
manufacturers to open production facilities in China. Market
participants are continuously focusing on the Asia-Pacific region
to gain market share and improve profitability.
Key participants in the global fluoropolymer market include DuPont
(U.S.), Dyneon (U.S.), Solvay (Belgium), Daikin (Japan), Asahi
Glass Fluoropolymers (Japan), etc.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Fluoropolymers Market, By Product Types
6 Global Fluoropolymer Market, By Applications
7 Global Fluoropolymer Market, By Geography
8 Competitive Landscape
9 Company Profiles - Overview, Financial, Products & Services,
Strategy, And Developments
- 3M Company
- Arkema Sa
- Asahi Glass CoLtd
- Daikin Industries Ltd
- Dongyue Group Ltd
- EIDupont De Nemours & Company
- Fluorotherm Polymers Inc.
- Gujarat Fluorochemicals Ltd
- Halopolymer Ojsc
- Honeywell International Inc.
- Kureha Corporation
- Parker Hannifin Corporation
- Quadrant Ag
- Saint-Gobain
- Shamrock Technologies
- Shanghai f New Materials Company Ltd
- Simona Ag
- Solvay Sa
For more information visit http://www.researchandmarkets.com/research/zfkzxz/fluoropolymer
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Chemicals