Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.
The Global Fluoropolymer Films Market is expected to reach USD 2.17 billion by 2025, according to a new report by Grand View Research, Inc.
Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities.
In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.
The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries, especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.
To Know More About Fluoropolymer Films Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/fluoropolymer-films-market
Top Players of Fluoropolymer Films Market:
Key players including E. I. du Pont de Nemours and Company, Chemours Company, The 3M Company, Saint-Gobain S.A., The Dow Chemical Company, Solvay S.A. and Evonik Industries dominated the global market.
Market Segmentation of Fluoropolymer Films Market:
The Global Fluoropolymer Films Market segmented on the basis of Type, Application and Region.
By Type:
Polytetrafluoroethylene
Polyvinyl Fluoride
Polyvinylidene Fluoride
Fluorinated Ethylene Propylene
By Application:
Construction
Automotive & Aerospace
Electronics & Electrical
Packaging
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
Inquire about Fluoropolymer Films Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4520/ibb
Comments
Post a Comment