Dublin, May 16, 2023 (GLOBE NEWSWIRE) -- The "High Performance Fluoropolymers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for High Performance Fluoropolymers estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
PTFE, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$2.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the FEP segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 6.5% CAGR
The High Performance Fluoropolymers market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
Select Competitors (Total 29 Featured) -
- 3M Company
- Asahi Glass Co., Ltd.
- Chenguang Research Institute of Chemical Industry
- Daikin Industries Ltd.
- Dongyue Group Ltd.
- Gujarat Fluorochemicals Limited
- HaloPolymer OJSC
- Hubei Everflon Polymer Co., Ltd.
- Jiangsu Meilan Chemical Co., Ltd.
- Juhua Group Corporation
- Quadrant AG
- SABIC (Saudi Basic Industries Corporation)
- Shamrock Technologies, Inc.
- Shanghai 3F New Material Co., Ltd.
- Solvay SA
- The Chemours Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 188 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.6 Billion |
| Forecasted Market Value (USD) by 2030 | $6.1 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Expanding Demand for High Strength Light Weight Products Drives the High Performance Fluoropolymers Market
- PTFE Market Expanding with Increasing Usage in Electronics and Medical Applications
- Asia-Pacific Gaining Ground from Low-Cost Production of PTFE
- PRODUCT OVERVIEW
- Fluoropolymers: Family of High-Performance Plastics
- PTFE
- FEP
- PFA/MFA
- ETFE
- Properties and Applications
- Applications of PTFE Wires
- Automotive
- Medical
- Oil and Gas
- INNOVATIONS AND ADVANCEMENTS
- Select High Performance Fluoropolymers Product Developments
- High Performance Fluoropolymers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Fluoropolymers Impact on Medical Device Industry
- Polytetrafluoroethylene Applications in Medical Industry
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ptnbfk
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