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Global Fluoropolymers Market 2018 Forecast to 2023: Strong Demand for Fluoropolymer in Asia - ResearchAndMarkets.com

The "Global Fluoropolymers Market - Segmented by Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The fluoropolymers market is expected to grow at a moderate rate during the forecast period 2018-2023.

As per the recent development, the Asia-Pacific region faces rapid advancements and increase in the demand from emerging economies which has led to the low cost production of PTFE in China and is expected to encourage manufacturers to open more production facilities in China.

North America has the second-largest demand in the market, this is due to the reason that a large part of the region's fluoropolymers demand comes from the industrial processing segment for PTFE. The North American market is likely to witness a growth in light of the expanding manufacturing base of the automotive, construction, and electronics sectors in the United States as already the majority of the Mexican motor vehicle exports are shipped to the United States.

Major Players: 3M Company, Daikin, Honeywell International Inc., DowDuPont, Fluorotherm Polymers Inc., and Quadrant AG, among others.

Key Developments in the Market

  • March 2018: Quadrant is offering a laser-writable polyoxymethylene product to the global engineering plastics market. With this development, Quadrant is able to meet the food and pharma industries' requirements for laser-writable machine components with no risk of contamination to the food products.
  • November 2017: Honeywell to expand the production capacity for its Aclar Pharmaceutical Films business to meet the growing global demand by the pharmaceutical industry.

Market Dynamics

Drivers

  • Strong Demand for Fluoropolymer in Asia
  • Steady Growth in Wire and Cable Market

Restraints

  • Environmental Sustainability
  • Inequality in Supply and Demand

Opportunities

  • Growing Use of Green and Sustainable Fluoropolymer
  • Vertical Integration

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

  • Afton Plastics
  • 3M Company
  • Arkema SA
  • Solvay SA
  • Honeywell International Inc.
  • DowDuPont
  • Quadrant AG
  • Fluorotherm Polymers Inc.
  • Asahi Glass Co. Ltd.
  • Fluoro-Plastics Inc.
  • Daikin Industries Ltd.
  • Dongyue Group Co. Ltd.
  • Gujarat Fluorochemicals Ltd.
  • HaloPolymer OJSC
  • Kureha Corporation
  • Parker Hannifin Corporation
  • Total Plastics Inc.
  • Saint-Gobain S.A.
  • Shamrock Technologies
  • Shanghai 3F New Materials Co. Ltd.
  • Simona AG

For more information about this report visit https://www.researchandmarkets.com/research/34dfl2/global?w=4

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Related Topics: Plastics

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