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Fluoropolymers Market by Product (Polytetrafluoroethylene (PTFE), Polyvinylidene fluoride (PVDF), Fluorinated ethylene propylene (FEP), and Fluoroelastomers) By Application (Automotive & Transportation, Electrical & Electronics, Chemical Processing, Industrial Equipment,): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 11-Jun-2021 Category: Chemical & Materials Report Format : PDF Pages: 120 Report Code: ZMR-646 Status : Published

The global Fluoropolymers market accounted for USD 8.1 Billion in 2020 and is expected to reach USD 13.2 Billion by 2028, growing at a CAGR of around 6.3 % between 2021 and 2028.

Description

Market Overview                   

The global Fluoropolymers market accounted for USD 8.1 Billion in 2020 and is expected to reach USD 13.2 Billion by 2028, growing at a CAGR of around 6.3 % between 2021 and 2028.            

Fluoropolymers are polymers that have several strong carbon-fluorine bonds.  Fluoropolymers possess many unique properties such as chemical resistant and mechanical and electrical insulation. These properties make fluoropolymers attractive as highly durable protective coatings in many different architectural coating formulations, particularly those intended for exterior applications due to the need for excellent weather ability. Fluoropolymers are very popular in industrial processing industries owing to their chemical and oil resistant properties.

It is common to use plastic items in many various surgeries, such as corneas or heart valves. Such products can affect the body toxically, as they are not biocompatible. This also raises significant long-term questions about the overall health of the patient. This made the use of fluoropolymers in such medical procedures extremely attractive.  

COVID-19 Impact Analysis:

The restrictions imposed by various nations to contain COVID had stopped the demand and supply resulting in a disruption across the whole supply chain. The downturn in automotive and aerospace industries have experienced a significant decline due to the lack of labor and production facility closures. These all factors are responsible for the decline in sales of the market. However, the global markets are slowly opening to their full potential and theirs a surge in demand. The market would remain bullish in upcoming year.  The significant decrease in the global Fluoropolymers market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.  

Growth Factors:

The global fluoropolymer market is expected to grow at a steady rate within the forecast period. The unique properties of fluoropolymers are one of the major factors driving this market growth.  Furthermore, wide service temperature range, high melting point, high crystallinity, weather ability, and reflectivity to intense UV rays can be achieved using fluoropolymers over conventional polymers. Fluoropolymers are also utilized in miniaturization of circuit boards and electronics because of their dielectric property. Moreover, fluoropolymers have wide applications in aircraft bearings and seals, high capacity automotive, and coatings of kitchenware as they have low friction and non-stick properties. They can be used in various industries leading to their augmented adoption in the forecast period.

Report Scope:  

Type Segment Analysis Preview  

PTFE market dominated the global fluoropolymers industry accounting for around 60% of overall volume in 2016. Enhanced wear resistance and chemical stability are key properties of PTFE to use in the manufacturing of gaskets, linings, washers, pump interiors, seals, and spacers for industrial applications.

Application Segment Analysis Preview  

Based on application, the market is segmented into automotive & transportation, electrical & electronics, chemical processing, and industrial equipment applications. Industrial equipment segment accounted for the largest market share of around 27.15% of the global market share for fluoropolymers in 2020. The electrical & electronics was the second-largest application segment and is expected to grow at fast pace in the forecast period. Furthermore, the scope of another application segment for fluoropolymers is expected to expand in the near future owing to increasing usage of fluoropolymers in emerging applications such as waterproof clothing, non-stick cookware, and dental filling.

Key Market Players & Competitive Landscape

The companies are mainly focusing on the production of differentiated products than competitors.  Prominent vendors in the market include Daikin Industries Limited, E.I. Dupont DE Nemours & Company, Solvay SA, Asahi Glass Co. Ltd., Arkema SA, 3M Company, Dongyue Group Ltd, Gujarat Fluorochemicals Ltd. (GFL), Halopolymer Ojsc, Honeywell International Inc., Kureha Corporation, and Saint-Gobain.

 The global Fluoropolymers Market is segmented as follows:

By Product

  • Polytetrafluoroethylene (PTFE)
  • Polyvinylidene fluoride (PVDF)   
  • Fluorinated ethylene propylene (FEP)
  • Fluoroelastomers

By Applications   

  • Automotive & Transportation
  • Electrical & Electronics
  • Chemical Processing
  • Industrial Equipment

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Fluoropulymers Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Fluoropulymers Market – Product Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product, 2020 & 2028
    • 4.2. Pulytetrafluoroethylene (PTFE)
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Pulyvinylidene fluoride (PVDF)
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Fluorinated ethylene propylene (FEP)
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Fluoroelastomers
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Fluoropulymers Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Automotive & Transportation
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Electrical & Electronics
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Chemical Processing
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Industrial Equipment
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Product, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Product, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Product, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Product, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Product, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Product, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Product, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Product, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Product, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Product, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Product, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Product, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Product, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Product, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Product, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Product, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Product, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Product, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Product, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Product, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Product, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Product, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Product, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Product, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Product, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Fluoropulymers Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Product Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Fluoropulymers Market: Company Market Share, 2019
      • 8.1.2. Global Fluoropulymers Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Fluoropulymers Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Fluoropulymers Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Daikin Industries Limited
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfulio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
        • 9.2. E.I. Dupont DE Nemours & Company
    • 9.3. Sulvay SA
    • 9.4. Asahi Glass Co. Ltd
    • 9.5. Arkema SA
    • 9.6. 3M Company
    • 9.7. Dongyue Group Ltd
    • 9.8. Gujarat Fluorochemicals Ltd
    • 9.9. Halopulymer Ojsc
    • 9.10. Honeywell International
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Fluoropolymer market. Zion Research has collected and analyzed key data belong to the global Fluoropolymer market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Fluoropolymer across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Fluoropolymer industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Fluoropolymer market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Fluoropolymers possess excellent properties such as chemical resistance, weather stability, low surface energy, low coefficient of friction, and low dielectric constant. These properties come from its special electronic structure of the fluorine atom, the stable carbon-fluorine covalent bonding, and the unique Intra and intermolecular interactions between fluorinated polymers. Due to fluoropolymer’s unique physical and chemical properties, they are widely applied in the electrical, construction, chemical, and automotive industries.

The worldwide fluoropolymer market is primarily driven increasing demand for the fluropolymer from various end user applications. Fluoropolymers exhibit properties superior to other polymeric substances and rubber which makes them ideally suitable for a wide range of applications, especially applications demanding extreme environments such as high chemical resistance, weldability, mechanical strength, high-temperature stability, etc. Automotive and transportation industry is the largest end user application for fluoropolymers. The increasing tendency towards lower vehicle weight, lower emissions, and enhanced fuel efficiency is expected to drive the consumption growth of fluoropolymers in the automotive and transportation industry. However, stringent government regulations regarding the fluoropolymers production and usage may hold back the market growth.

Global-Fluoropolymers-Market

The global fluoropolymers market is segmented based on product, application, and region. On the basis of product, market is segmented into PTFE, PVDF, FEP, and fluoroelastomers.  PTFE segment was the leading product segment accounting for the significant share in the overall fluoropolymers market in 2016 owing to its enhanced wear resistance and chemical stability properties. Polyvinylidene difluoride (PVDF) is expected to witness the fastest growth in the forecast period. PVDF has been used in the architectural coating industry, the wire and cable industry and the chemical industry for pumps, bearings, and valves. Heat-shrinkable tubing made from PVDF is utilized in the aerospace, aircraft, and electronics. The commercial PVDF products include Kynar from Arkema, Solef from Solvay, and Neoflon PVDF from Daikin. On the basis of application fluoropolymer market is segmented into automotive & transportation, electrical & electronics, chemical processing, and industrial equipment applications. In 2016, industrial applications dominated the global fluoropolymers market.

Asia-Pacific was the largest regional segment in the fluoropolymers market in 2015 followed by North America and Europe. This growth is mainly attributed to rising demand from the automotive industry.  North America is second in terms of demand for fluoropolymers. A large portion of this region’s fluoropolymers demand comes from the industrial processing for PTFE segment. The growth rate of fluoropolymers demand is expected to slow down in North America and Europe, owing to a relatively saturated market and the growing concerns over environmental safety.

Key players operating in the fluoropolymers market include Daikin Industries Limited, E.I. Dupont DE Nemours & Company, Solvay SA, Asahi Glass Co. Ltd., Arkema SA, 3M Company, Dongyue Group Ltd, Gujarat Fluorochemicals Ltd. (GFL), Halopolymer Ojsc, Honeywell International Inc., Kureha Corporation, and Saint-Gobain. Daikin, DuPont, Asahi Glass Company, Solvay Solexis, 3M Company and Honeywell dominated fluoropolymers market share in 2016. This market is characterized by new product innovations and strategic partnerships with end users.


Frequently Asked Questions

The global Fluoropolymers Market was valued at USD 8.1 Billion in 2020.

The global Fluoropolymers Market is expected to reach USD 13.2 Billion by 2028, growing at a CAGR of 6.3% between 2021 to 2028.

Some of the key factors driving the global Fluoropolymers Market growth Advancements in medical applications, and High demand in the end-use industries.

Asia Pacific was the leading market for fluoropolymers accounting for the maximum market share in 2016 and is expected to continue this trend in the forecast period. The growth in the region is mainly governed by major countries such as China, Japan, India, and South Korea.

Some of the major players of global Fluoropolymers market includes Daikin Industries Limited, E.I. Dupont DE Nemours & Company, Solvay SA, Asahi Glass Co. Ltd., Arkema SA, 3M Company, Dongyue Group Ltd, Gujarat Fluorochemicals Ltd. (GFL), Halopolymer Ojsc, Honeywell International Inc., Kureha Corporation, and Saint-Gobain.

 

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