Valley Cottage, NY -- (SBWIRE) -- 01/20/2017 -- A fluoropolymer is a polymer which contains fluorine atoms in their chemical structures. Fluoropolymer contains a special electronic structure of fluorine atom and a stable covalent bond of carbon and fluorine which has the various specialized properties such as chemical resistance, low surface energy, weather stability, low dielectric constant and low coefficient of friction. The Fluoropolymer film can be transparent, transformed, die stamped, laminated and heat sealed. The fluoropolymer films offer great output as they are light weight, durable and flexible. The consumption of the Fluoropolymer film is rapidly increasing due to its wide application in the chemical, electrical and electronic, automotive, architectural and construction industry which boost the demand of the global Fluoropolymer film worldwide.

Fluoropolymer Film Market – Drivers and Restraints

The global Fluoropolymer film market is projected to grow at a significant CAGR over the forecast period owing to the increasing demand of the Fluoropolymer film from various industries such as automotive, electrical and electronics and construction. The Fluoropolymer film possesses unique properties over other conventional films such as excellent weathering resistance, mechanical properties and inertness towards staining agents, solvents and chemicals; which increases the demand of fluoropolymer film and boost the growth of the global Fluoropolymer film market. The rapidly growing industrialization in emerging economies such as China and India generate demand of the Fluoropolymer film market and drives the growth of the global Fluoropolymer film market.

However, the price of the fluoropolymer film is high as compared to the conventional plastic films which may hamper the demand of the fluoropolymer film and restrain the growth of the global fluoropolymer film market.

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Fluoropolymer Film Market – Segmentation

The global Fluoropolymer film market is segmented on the basis of type, applications and region.

On the basis of type, the global Fluoropolymer film market is segmented as follows:

Polytetrafluoroethylene (PTFE)

Polyvinylidene Fluoride (PVDF)

Fluorinated Ethylene Propylene (FEP)

Ethylene tetrafluoroethylene (ETFE)

Polychlorotrifluoroethylene (PCTFE)

Others

On the basis of applications, the global Fluoropolymer film market is segmented as follows:

Automotive & Transportation

Electrical & Electronics

Chemical Processing

Building & Construction

Industrial Equipment

Others

Fluoropolymer Film Market – Region Wise Outlook

The global fluoropolymer film market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ is the leading region in the global Fluoropolymer film market in terms of revenue and volume, owing to the increasing demand of fluoropolymer film from the growing industrialization. The North America contributed the second highest market shares to the global Fluoropolymer Film market followed by APEJ. The Western Europe and Japan are expected to register a stagnant growth rate due to the saturated market of end users. Latin America and Eastern Europe are projected to anticipate the moderate CAGR over the forecast period. MEA is at a nascent stage in the global fluoropolymer film market and expected to anticipate the lucrative growth over the forecast period due to increasing adoption rate of high technology fluoropolymer film. Overall, the global fluoropolymer film market is expected to grow at a decent growth rate over the forecast period 2016 to 2026.

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Fluoropolymer Film Market – Key Players

The key players of the global Fluoropolymer Film Market are as follows:

3M Company

Du Pont De Nemours and Company

Daikin Industries Ltd

Arkema Group

Honeywell International Inc.

Gujarat Fluorochemicals Limited

Kureha Corporation

Solvay SA

Shanghai 3F New Material Co Ltd

Dongyue Group Limited