Asia Pacific held the largest share of the global fluoropolymers market in 2016.

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Fluoropolymers Market -
-Global Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2016–2024

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REPORT DESCRIPTION
• Fluoropolymers are polymers characterized by numerous strong carbon-fluorine bonds. Owing to the
unique attributes such as mechanical, chemical resistant and electrical insulation, fluoropolymers are
considered as highly durable protective coatings in various applications such as architectural coating
preparations, particularly those required in the exteriors. Fluoropolymers have a high usage in
industrial processing due to their oil and chemical resistant properties.
• Key factor driving the global consumption levels of fluoropolymers is rampant growth of the
automotive end-use industry. Fluoropolymers have a prominent application in the auto industry
activities such as production processes of fuel hoses, gaskets, O-rings, shaft seals, power steering
systems, and transmission systems. All types of fluoropolymers used in automotive industry offer
superior and desirable characteristics of high resistance to thermal wear, chemical exposure, friction,
and mechanical wear and tear. Furthermore increasing demand for fluoropolymers is also observed in
the manufacturing processes of electronics and medical devices. The various other applications of
fluoropolymers in cookware, semiconductors, cables, and wires are also expected to fuel demand for
fluoropolymers over the forecast period (2016–2024).

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Fluoropolymers Market Taxonomy
• By Product Type
• The global market is segmented on the basis of product type as follows:
• Polyvinylidene fluoride (PVDF)
• Polytetrafluoroethylene (PTFE)
• Fluorinated ethylene propylene (FEP)
• Fluoroelastomers
• By Application
• The global market is segmented on the basis of application as follows:
• Automotive & Transportation
• Industrial Equipment
• Electrical & Electronics
• Chemical Processing
• Additives
• Coatings & Liners
• Films
• Others

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Market Segmentation
• In Europe, Germany holds a dominating position in the fluoropolymers market
attributed to its rapid economic advancement along with significant demand from across
industries, particularly automobiles. The U.K. was the second largest market for
fluoropolymers in Europe.
• North America fluoropolymers market is expected to witness moderate growth over the
forecast period. This is mainly attributed to growing demand for fluoropolymers in
various flourishing industries such as electrical & electronics and automobile in the
region. U.S. holds a leading position in the North America market, followed by Canada
and Mexico, respectively. Rapid industrial growth in Mexico in turn creates a highly
conducive environment for growth of the regional market for fluoropolymers in the near
future.
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Key Strategies
Asia Pacific held the largest share of the global fluoropolymers market in 2016.
Owing to the high growth in GDP along with the significant increase in
manufacturing activities, the market market in APAC has witness a prominent
growth in the recent past and the trend is expected to continue in the
foreseeable future. Increasing demand from the electrical and electronics and
healthcare industries is expected to further drive demand for fluoropolymers in
the region. Moreover, the significant adoption of specialty grades of
fluoropolymers in the healthcare industry for manufacturing of medical devices
is expected to generate high revenue for the market.

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