Report Id: SNS/C&M/1706 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
High-Performance Fluoropolymers Market Size was valued at USD 3.84 billion in 2021, and is expected to reach USD 6.14 billion by 2028, and grow at a CAGR of 6.9% over the forecast period 2022-2028. Fluorocarbon-containing polymers with remarkable high-performance material qualities are known as high-performance fluoropolymers. They have superior properties such as excellent chemical resistance at high temperatures, high electrical insulation, and superior mechanical and thermal stability, making them suitable for a variety of end use industries such as aviation and automobiles, electrical and electronics, industrial processing, and medical, to name a few.
Increasing demand for light weight parts in aviation & automobile sector
Easy Manufacturing and cost efficient
Nonstick cookware is becoming increasingly popular.
Higher cost of high performance fluoropolymes
Temperature rises, electrical insulation improves, and mechanical and thermal stability improves.
Dangers of Overheating
Impact of Covid-19:
Transportation, electrical & electronics, medical, food processing, chemical processing, oil & gas, power plants, and building & construction are just a few of the end-use sectors that use HPF. They're employed in industrial processing when a high level of temperature and chemical resistance is required to complete the task. As a result of the ongoing pandemic, industrial production has been severely impacted all around the world. Workforce limitations, logistical challenges, material scarcity, and other factors have all hampered the industry's growth. COVID-19 has given the industrial and manufacturing sectors around the world a new working environment. Government restrictions on the amount of individuals who can congregate in one place have had a significant impact on the industry.
Gujarat Fluorochemicals Limited (GFL), AGC Inc., OJSC, The 3M Company, China Reform Culture Holdings Co., Ltd., Solvay S.A., Dongyue Group, Hubei Everflon Polymer Co. Ltd., Halopolymer, Daikin Industries Ltd., The Chemours Company, and other players.
Fine Powder & Dispersion
Coatings & Liners
By End-use Industry
Oil & Gas
Pharmaceutical & Biotechnology
Building & Construction
Due to highly populated nations such as China and India, as well as the presence of the great majority of high performance fluoropolymer producers in the area, Asia-Pacific is expected to be the largest and fastest-growing market for high performance fluoropolymer throughout the projected period. Due to the presence of a huge base of automotive, chemical, electronics, and medical sectors, China is considered to be the largest market in the Asia-Pacific region. The growing demand for high-performance fluoropolymers in the region is being fueled by an increase in the production of electronics and autos. During the projected period, North America and Europe are expected to offer significant growth prospects.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 3.84 Billion|
|Market Size by 2028||US$ 6.14 Billion|
|CAGR||CAGR of 6.9% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (PTFE, FEP, PFA/MFA, ETFE, Others)
• By Form (Granular/Suspension, Fine Powder & Dispersion, Micropowder)
• By Application (Coatings & Liners, Components, Films, Additives, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Gujarat Fluorochemicals Limited (GFL), AGC Inc., OJSC, The 3M Company, China Reform Culture Holdings Co., Ltd., Solvay S.A., Dongyue Group, Hubei Everflon Polymer Co. Ltd., Halopolymer, Daikin Industries Ltd., The Chemours Company, and other players.|
|DRIVERS||• Increasing demand for light weight parts in aviation & automobile sector
• Easy Manufacturing and cost efficient
• Nonstick cookware is becoming increasingly popular.
|Restraints||• Higher cost of high performance fluoropolymes|
Frequently Asked Questions (FAQ) :
Ans: Key stakeholders considered in the study:
Raw material vendors
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms trade/industrial associations
end-use industries are the stake holder of this report.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Transportation, electrical & electronics, medical, food processing, chemical processing, oil & gas, power plants, and building & construction are just a few of the end-use sectors that use HPF. They're employed in industrial processing when a high level of temperature and chemical resistance is required to complete the task. As a result of the ongoing pandemic, industrial production has been severely impacted all around the world. Workforce limitations, logistical challenges, material scarcity, and other factors have all hampered the industry's growth. COVID-19 has given the industrial and manufacturing sectors around the world a new working environment. Government restrictions on the amount of individuals who can congregate in one place have had a significant impact on the industry.
Ans: Increasing demand for light weight parts in aviation & automobile sector, Easy Manufacturing and cost efficient and Nonstick cookware is becoming increasingly popular are the drivers for High-Performance Fluoropolymers Market.
Ans: High-Performance Fluoropolymers Market Size was valued at USD 3.84 billion in 2021, and expected to reach USD 6.14 billion by 2028, and grow at a CAGR of 6.9 %
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.High-Performance Fluoropolymers Market Segment, By Type
9.High-Performance Fluoropolymers Market Segment, By Form
9.2 Fine Powder & Dispersion
10.High-Performance Fluoropolymers Market Segment, By Application
10.1 Coatings & Liners
11.High-Performance Fluoropolymers Market Segment, By End-use Industry
11.1 Industrial Processing
11.1.1 Chemical processing
11.1.2 Oil & Gas
11.1.3 Power Plants
11.1.4 Water Treatment
11.1.5 Food Processing
11.3 Electrical & Electronics
11.3.3 Electronic Components
11.3.4 Defense Electronics
11.4.1 Medical Devices
11.4.2 Pharmaceutical & Biotechnology
11.5.1 Building & Construction
11.5.2 Consumer Household
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profile
13.1 Gujarat Fluorochemicals Limited (GFL)
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 AGC Inc.
13.4 The 3M Company
13.5 China Reform Culture Holdings Co., Ltd.
13.6 Solvay S.A.
13.7 Dongyue Group
13.8 Gujarat Fluorochemicals Limited (GFL)
13.9 Hubei Everflon Polymer Co. Ltd.
13.11 Daikin Industries, Ltd.
13.12 The Chemours Company
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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