Recent released report and forecast on "Fluoropolymer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026"
Albany, NY -- (SBWIRE) -- 01/05/2018 -- The global fluoropolymer market to experience steady growth. Between the forecast period 2017 and 2026, the market is projected to increase to CAGR of 5.3%. The global fluoropolymer market is also estimated to bring in US$ 690.3 million revenue towards 2026 end.
Global Fluoropolymer Market- Overview
A fluoropolymer is a polymer that consists molecules of fluorine and carbon. Being a high-performance plastic material, the fluoropolymer is used in high temperature and harsh chemicals. In the healthcare industry, the fluoropolymer is used on a large scale for packaging of medical liquids and sprays. Owing to its superior characteristics, the fluoropolymer is used over other plastics for packaging application. Companies are focusing on developing new solutions and finding out the new application of fluoropolymer.
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Fluoropolymers, especially PVDF and PTFE are being used in microporous membranes. The environment-friendly fluoropolymer is also being developed by manufacturers, hence, increasing number of research activities are being carried on by manufacturers. Various properties including chemical resistance, ability to perform at high temperature, is allowing companies to focus on innovative designs using fluoropolymer instead of plastic.
Global Fluoropolymer Market- Research Methodology
The global fluoropolymer market report provides a detailed insight into the various factors impacting the growth of the market. The report also offers information on various trends and opportunities along with the major developments in the market. Information on latest technology and competitors in the market are also given in the report. A comparative analysis and forecast on various segments are also been provided in the report.
The report offers information on the major factors that have an impact on the growth of the market. Major industrial developments along with innovative technologies have also been given in the research report. The report offers information on market dynamics including opportunities, trends, drivers, and challenges. Market attractiveness analysis, SWOT analysis, and Porter's five force analysis are also provided in the report.
The major industrial developments given in the report are based on the events that took place in the past and the events that are expected to take place in the future. The report also includes information on the leading companies operating in the global fluoropolymer market. Both primary and secondary research has been done to draw various conclusions in the report along with an in-depth analysis of the market with inputs from the industry experts.
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Global Fluoropolymer Market- Market Segmentation
The global fluoropolymer market is segmented into product, application, and region. On the basis of product, the market is segmented into polytetrafluoroethylene, polyvinylidene difluoride, fluorinated ethylene propylene, and other products. On the basis of application, the market segment includes pharmaceutical packaging, medical devices, drug delivery, and other applications.
Region-wise, the market is segmented into Asia Pacific Excluding Japan (APEJ), Europe, Latin America, North America, Japan, and the Middle East and Africa (MEA). The report also offers a country-wise forecast for each segment, along with the market share and CAGR in the percent form for the forecast period 2017-2026.
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Global Fluoropolymer Market- Competition Analysis
The report provides a detailed profile on some of the leading companies in the global fluoropolymer market such as Solvay SA, E.I Dupont De Nemours and Company, Asahi Glass Co., Ltd, 3M Company, Daikin Industries Ltd., Honeywell International Inc., The Chemours Company, Mexichem S.A.B. de C.V., Compagnie de Saint-Gobain SA, W. L. Gore & Associates, Inc., and Zeus Industrial Products Inc. The leading companies in the market are evaluated on the basis of various parameters including strategies, product portfolio, financial overview, company overview, and key developments.