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Showing posts with the label Fluoropolymers Industry

Fluoropolymers Market to See Incredible Growth by 2022

High tensile strength and excellent insulation properties have driven fluoropolymer penetration in electronics, automotive and construction applications. Positive outlook on these end-use industries is expected to be one of the primary growth factors over the forecast period. Global Fluoropolymer Market size is expected to reach USD 11.11 billion by 2022, according to a new report by Grand View Research, Inc. Increasing government spending on infrastructure in China, India and the Middle East is expected to drive architectural coatings demand. Fluoropolymer coatings exhibit protection against corrosion & chemicals and high temperature tolerance, which makes them useful for architectural applications. In addition, these coatings are used in automobiles for protection against scratches and abrasions. DuPont (Chemours) manufactures and markets fluoropolymer coating under the brand name, Teflon. In terms of application, industrial applications dominated the global ...