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Exceptional Growth in Demand from Asia-Pacific Li-ion Battery Market, PVDF Leads Fluoropolymers Global Market to Reach 480K MTs by 2026 – Market Research Report (2021-2026) by Industry Experts, Inc.

Tuesday 28 Jun 2022

Industry Experts, Inc. introduced the new 2022 version of their market research report on Fluoropolymers. This new version entitled "Global Fluoropolymers Market – Polymer Types and End-Use Sectors" analyzes that the Automotive & Transportation sector has severely impacted by COVID-19 pandemic as vehicle production significantly dropped across all major producing countries. However, Electrical & Electronics sector is projected to record the robust growth exceeding 10% CAGR for the period 2021-2026.

Global fluoropolymers growth is attributed mainly to the robust growth in the developing regions and also continued economic recovery in the developed nations that drives industrial investment and growth in construction activities. PTFE is the largest fluoropolymer in terms of volume and value. However, melt-processable fluoropolymers such as PVDF, FEP, ETFE and ECTFE are forecast to record fastest growth during the analysis period, owing to the significant demand from emerging applications such as photovoltaic modules and architectural membranes among others.

Asia-Pacific is the world's largest volume market for Fluoropolymers, accounted for a 54.3% share in 2021, which is also likely to record the fastest 2021-2026 CAGR of 8.7% in reaching a projected 282 thousand metric tons by 2026, thanks to high demand for PVDF from electric vehicle batteries and solar photovoltaics. North American region is the second largest market for Fluoropolymers globally, occupying a 2021 share of 25.6% followed by Europe with share of 17.7%.

The market for Fluoropolymer types analyzed in this report includes PTFE, FEP, PVDF, ETFE, PFA, PVF, PCTFE and ECTFE. The study also explores the market for end-use sectors of Fluoropolymers comprising Automotive & Transportation, Electrical & Electronics, Building & Construction, Chemical Processing, Industrial and Other.

This report reviews, analyzes and projects the Fluoropolymers market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in metric tons and value in USD. The regional markets further analyzed for 17 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom; Asia-Pacific – China, Japan, India, South Korea, Taiwan and Thailand; and South America – Brazil.

This 490 page global market report on Fluoropolymers includes 452 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 17 key global players and 44 major players across North America – 6; Europe – 7; and Asia-Pacific – 31. The research also provides the listing of the companies engaged in manufacturing and processing of Fluoropolymers. The global list of companies covers the address, contact numbers and the website addresses of 221 companies including subsidiaries.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/global-fluoropolymers-market-products-technologies-and-applications