Global High Performance Fluoropolymers Industry

Global High Performance Fluoropolymers Industry

  • October 2019 •
  • 154 pages •
  • Report ID: 5798753 •
  • Format: PDF
High Performance Fluoropolymers market worldwide is projected to grow by US$2 Billion, driven by a compounded growth of 6.3%. PTFE, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.3 Billion by the year 2025, PTFE will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 7.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$94.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$95.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, PTFE will reach a market size of US$264.5 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.1% over the next couple of years and add approximately US$353.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, 3M Company; Asahi Glass Co., Ltd.; Chenguang Research Institute of Chemical Industry; Daikin Industries Ltd.; Dongyue Group Ltd.; Gujarat Fluorochemicals Limited; HaloPolymer OJSC; Hubei Everflon Polymer Co., Ltd.; Jiangsu Meilan Chemical Co., Ltd.; Juhua Group Corporation; Quadrant AG; SABIC (Saudi Basic Industries Corporation); Shamrock Technologies, Inc.; Shanghai 3F New Material Co., Ltd.; Solvay SA; The Chemours Company