Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The size of the Fluoropolymer Additives Market is influenced by a range of factors that shape its dynamics. Increasing demand for high-performance materials from various industries is one such factor that drives this market. In addition to their remarkable chemical resistance, low friction, and thermal stability, fluoropolymer additives are widely used in the automotive, electronics and construction sectors.
Another major contributor towards the growth of the market is the growing environmental concerns among customers. The reason behind preference for fluoropolymers additives as they have less susceptibility to chemical degradation hence remain in good condition for longer compared to other materials which makes them more sustainable. Consequently, there has been increased interest in the Fluoro-polymer-additives marketplace due to increasing sustainability focus across many global industries.
Also important is how much your end-users are expanding into global markets. Specifically speaking, OEMs depend on fluoro-polymer additives for making components that improve vehicle performance and durability. Electronics manufacturers also use them as insulating materials or cables as well as electronic devices like transistors among others. It therefore follows that these main industry developments can cause fluctuations in this specific marketplace externally or influence it.
Apart from this, geographical distribution of demand and production centres also matter significantly when considering dynamics of any given industry’s market place like Fluoropolymer Additives Market . The Fluoropolymer Additives Market relies heavily on high levels of industrialization and infrastructure development taking place across particular regions across the globe. New emerging economies are acting as attractive avenues into it because they are producing more products at a higher quality level than ever before due to increased manufacturing activities in which the use of best-quality materials is becoming a top priority.
In addition, market competition and presence of key players determine the overall structure of the Fluoropolymer Additives Market. In order to maintain a competitive advantage and increase their product portfolio, well-established organizations are investing heavily on research and development. Therefore, through strategic alliances, mergers and acquisitions they are able to consolidate their position in the market thus facilitate entry or expansion into new markets.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | Â Â 5.4% (2022-2030) |
Fluoropolymer Additives Market Highlights:
Global Fluoropolymer Additives Market Overview
The demand for fluoropolymers additives stood at over USD 963 million in 2018, and the market is expected to register a CAGR of over 5.4% during the forecast period.
Regional Analysis
Asia-Pacific held the largest share of the global fluoropolymers additives market in 2018 as a result of industrialization in developing economies such as China, India, and South-East Asian countries. Surge in polymer & coating production in the region, increasing industrial activities, and growing number of coating manufacturers in the region is expected to drive the demand for fluoropolymer additives during the forecast period.
North America is another prominent market for fluoropolymer additives. The growth of printing ink and coatings industries coupled with the significant presence of fluoropolymer additives producers in the region is expected to propel the regional market growth during the forecast period. Also, the thermoplastic segment in the region is expected to drive the demand for fluoropolymer additives, as the region is a hub for many tier-1 chemical and polymer producers in the world.
The European regional market accounted for moderate market share in terms of volume and is expected to witness moderate growth during the forecast period. The demand for coatings and printing inks in the region is expected to drive the demand for fluoropolymer additives in the region. Likewise, the growing demand for grease in the region is expected to further propel the market for fluoropolymer additives.
The Latin American and the Middle East & Africa markets are expected to grow substantially with the surge in demand for coatings & printing inks in the end-use industries in the regions.
Key Players
- DowDuPont (US)
- Solvay S.a. (Belgium)
- DAIKIN INDUSTRIES Ltd (Japan)
- Laurel Products
- LLC (US)
- 3M (US)
- Reprolon Texas (US)
- Shamrock Technologies (Newark)
- MAFLON S.P.A. (Italy)
- Fluorogistx (US)
- Chenguang Research Institute of Chemical Industry (China)
- Micro Powders Inc (US)
- Inolub (India)
- ASAHI GLASS CO. LTD (Japan)
Market OverviewFluoropolymer is a fluorocarbon-based polymer having multiple carbon-fluoride bonds. Fluoropolymer additives are extensively used in polymer processing for film blowing, injection molding, and extrusion. Additionally, fluoropolymer additives are used as an additive in coatings, lubricants, and inks. The properties of fluoropolymer additives increase their demand as they reduce the optical defects and simultaneously increase the production output.
The growing demand for lightweight thermoplastic materials as a substitute for metals as well as the demand for structural coatings in the construction industry are factors expected to fuel the growth of the global fluoropolymer additives market. Fluoropolymer additives offer significant properties such as chemical and heat resistance, low coefficient of friction, and high tensile strength enhance the presentation of end-use applications, such as coatings, coaxial cables, and insulation wires. The increasing investments in the building & construction industry and growing adoption of plastic in the automotive industry are also expected to boost market growth.
Although the market is growing at a moderate rate in the present scenario, the increasing demand for fluoropolymer additives in the coating industry is expected to fuel the growth of the global fluoropolymer additives market at a significant rate during the forecast period. The fluoropolymers additives used in printing inks are high in demand across the globe. Likewise, the growing need for and applications of fluoropolymer additives in the coatings and thermoplastic industries are expected to drive the demand for the product and propel the growth of the global fluoropolymer additives market.
However, less demand for elastomers in developed economies is expected to hamper the growth of the global fluoropolymer films market during the review period.
Global Fluoropolymer Additives Market Share, by Application, 2018 (%) 
Source: MRFR Analysis
Segmentation
The global fluoropolymer additives market has been segmented based on product, application, and region. On the basis of product, the global fluoropolymer additives market has been categorized into polytetrafluoroethylene (PTFE) micropowders, fluorinated ethylene propylene (FEP) micropowders, perfluoroalkoxy (PFA) micropowders, and others.
Based on application, the global fluoropolymer additives market has been classified into printing inks, coatings, lubricants and grease, thermoplastics and elastomers, and others
Based on region, the global market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Intended Audience
- Fluoropolymer additives producers
- Traders and distributors of Fluoropolymer Additives
- Potential investors
- Raw material suppliers
- Fluoropolymer additives recyclers
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
