High Performance Fluoropolymers Market : Industry Analysis and Forecast (2019-2026)
High Performance Fluoropolymers Market was valued US$ 4.00 Bn in 2019, and expected to reach US$ XX Bn by 2026 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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High performance fluoropolymers offers superior mechanical strength, excellent electrical insulation, low coefficient of friction, resistance against chemical environment and elevated temperature. High performance fluoropolymers finds its application in various end-use industries such as industrial processing, transportation, electrical & electronics, medical and others.
Global high performance fuoropolymer market is segmented into type, end-use industry, and region. based on the type, market is segmented into PTFE, FEP, PFA/MFA, ETFE, Others.on the basis of end-use industry market is divided into Industrial Processing,Transportation, Electrical & Electronics, medical, other. geographically market is spread by North America, Asia-Pacific, Europe, Latin America, Middle East & Africa.
High performance fluoropolymers market based on types has been categorized into PTFE, FEP, PFA/MFA, ETFE and others. PTFE segment is leading segment of the market during the forecast period. Superior properties such as very low coefficient of friction, high chemical and thermal resistance, high electrical insulation and suitable for high temperature application is driving the growth of high performance fluoropolymer market.
Based on end-use industry has been segmented into industrial processing, transportation, electrical & electronics, medical and others. Industrial processing segment holds major share in the market for high performance fluoropolymers during the forecast period. Application of high performance fluoropolymers in food processing, chemical processing, pharmaceutical processing, oil & gas industry, water treatment and other industries is fueling the growth of industrial processing segment.
By region, the high performance fluoropolymers market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is leading high performance fluoropolymers market due to increased use of high performance fluoropolymers in electrical & electronics and medical industries. Asia Pacific is projected to grow at a high CAGR during the forecast period led by emerging economies such as China and India.
key players operated in the market are The Chemours Company (US),Asahi Glass Co., Ltd. (Japan),Daikin Industries, Ltd (Japan),The 3M Company (US),Dongyue Group Ltd. (China),Solvay S.A. (Belgium),Gujrat Fluorochemicals Limited (India, Halopolymer OJSE. (Russia).,Hubei Everflon Polymer Co., Ltd. (China), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Shanghai 3F New Materials Company Ltd (China)
Scope of Global High Performance Fluoropolymers Market:
Global High Performance Fluoropolymers Market, by Type:
Global High Performance Fluoropolymers Market, by End-use Industry:
• Industrial Processing
• Electrical & Electronics
Global High Performance Fluoropolymers Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Profiled in the Report:
• The Chemours Company (US)
• Asahi Glass Co., Ltd. (Japan)
• Daikin Industries, Ltd (Japan)
• The 3M Company (US)
• Dongyue Group Ltd. (China)
• Solvay S.A. (Belgium)
• Gujrat Fluorochemicals Limited (India)
• Halopolymer OJSE. (Russia)
• Hubei Everflon Polymer Co., Ltd. (China)
• Saudi Basic Industries Corporation (SABIC) (Saudi Arabia)
• Shanghai 3F New Materials Company Ltd (China)
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Organization: Maximize Market Research
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