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Published Date: 2016-05-03Number of Pages: 187

Fluoropolymers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Fluoropolymers Market: Snapshot

The key driver pushing the consumption levels of fluoropolymers across the world is the demand for it in the booming automotive industry. Most types of fluoropolymers are quite popular in the auto industry and hold applications in the production of fuel hoses, shaft seals, gaskets, O-rings, transmission systems, and power steering systems. All fluoropolymers used provide the extremely desirable qualities of high resistance to chemical exposure, and mechanical, frictional, and thermal wear. The auto industry’s consumption of fluoropolymers is especially high in Asia Pacific, owing to this region’s rapidly expanding industry and improving economic state.

Similarly increasing demand for fluoropolymers can be seen in the manufacture of medical devices and electronics, although on a smaller scale. This will however still create a significant impact on the demand of fluoropolymers over the coming years on a collective scale. The application of fluoropolymers in semiconductors, cookware, cables, and wires is also expected to increase over time, further adding to its demand from regional end users.

There are, however, two key restraints acting on the global usage of fluoropolymers. One of them is the environmental concern that fluoropolymers pose due to their physical properties that render them nearly impervious to natural degradation. One the other hand, several fluoropolymers break down into chemicals that have been strongly linked to cancer and other harmful effects on humans. There is also the additional financial restraint on PTFE, the most consumed fluoropolymer. Its raw materials are volatile in availability and pricing, thereby cutting off several end users from gaining a steady supply of PTFE.

All in all, the global market for fluoropolymers is expected to progress at a CAGR of 6.8% from 2016 to 2024 in terms of revenue. By the end of 2016, this revenue is expected to reach US$6.26 bn and US$10.64 bn by the end of 2024.

APAC Auto Industry’s Demand for Fluoropolymers Soars

The Asia Pacific region, equipped with its excellent rate of industrial development and higher disposable income among a great number of consumers, is expected to remain the dominant consumer of fluoropolymers till 2024. By the end of 2024, Asia Pacific is expected to hold as much as 38.5% of the global volume of fluoropolymers. This region is a giant consumer of PTFE at the moment, owing to its high rate of development in the auto industry and the increasing demand for electronic devices and medical devices. The Asia Pacific industrial sector is expected to remain the key end user of fluoropolymers for the coming years, owing to its excellent physical properties and scope of application in a multitude of industries.

North America is second in terms of demand for fluoropolymers. A large part of this region’s fluoropolymers demand comes from the industrial processing segment for PTFE. The growth rate of this demand is expected to slow down in North America and Europe, owing to a relatively saturated market and the growing concerns over environmental safety.

Scope of Fluoropolymers in Industrial Processing to Increase

Industrial processing involves actions such as the application of protective chemical coatings in cookware, pipes and valves, telecom cables, chemical processing equipment, and the likes. Owing to the strong physical and chemical resistance shown by certain fluoropolymers, their use in industrial processing has been a given for quite some time. This is therefore the leading end user of fluoropolymers and is expected to continue being the leader till 2024. By the end of 2024, the revenue generated in fluoropolymers through industrial processing is expected to be close to US$3.08 bn.

The world’s top manufacturers of fluoropolymers include Chemours, Solvay, Daikin Industries Ltd., 3M (Dyneon), and Asahi Glass Corporation.

Table of Content

Chapter 1 Preface

  • Report Description
  • Research Scope
  • Assumptions
  • Market Segmentation
  • Research Methodology

Chapter 2 Executive Summary

  • Global Fluoropolymers Market, 2015 - 2024, (Kilo Tons) (US$ Mn)
  • Fluoropolymers : Market Snapshot

Chapter 3 Fluoropolymers Market – Industry Analysis

  • Introduction
  • Value Chain Analysis
  • Market Drivers
  • Rising Global Demand for Automotive, Especially in Asia Pacific, to Propel the Fluoropolymer Market
  • Restraints
  • Price Volatility of PTFE Acts as a Restraint for the Fluoropolymers Market
  • Environmental & Health Concerns
  • Opportunity
  • Growing Production of Electronic Devices & Equipment to Aid Future Growth of Fluoropolymers
  • Rapid Growth in Global Construction Industry Coupled With Recovery in Construction Industry in U.S.
  • Porter’s Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Fluoropolymers : Market Attractiveness Analysis - By End-user Segment
  • Fluoropolymers : Market Attractiveness Analysis - By Country
  • Fluoropolymers : Company Market Share Analysis, 2015

Chapter 4 Raw Material Price Trend Analysis

  • Major Raw Materials price Trend
  • Fluoropolymers Market: Product Segment Overview

Chapter 5 Fluoropolymers Market: By Product Segment, 2015 –2024

  • Global PTFE Market (Kilo Tons) (US$ Mn),2015–2024
  • Global PVDF Market (Kilo Tons) (US$ Mn),2015–2024
  • Global FEP Market (Kilo Tons) (US$ Mn),2015–2024
  • Global Fluoroelastomers Market (Kilo Tons) (US$ Mn),2015–2024
  • Global PVF Market (Kilo Tons) (US$ Mn),2015–2024
  • Global Other Fluoropolymers Market (Kilo Tons) (US$ Mn),2015–2024

Chapter 6 Fluoropolymers Market: End-user Overview

  • Fluoropolymers Market: By End-user, 2015–2024
  • Global Fluoropolymers Market for Industrial Processing (Kilo Tons) (US$ Mn), 2015–2024
  • Global Fluoropolymers Market for Automotive (Kilo Tons) (US$ Mn), 2015–2024
  • Global Fluoropolymers Market for Electrical & Electronics (Kilo Tons) (US$ Mn), 2015–2024
  • Global Fluoropolymers Market for Construction (Kilo Tons) (US$ Mn), 2015–2024
  • Global Fluoropolymers Market for Others (Kilo Tons) (US$ Mn), 2015–2024

Chapter 7 Fluoropolymers Market - Regional Analysis

  • Global Fluoropolymers Market: Regional Overview
  • North America Fluoropolymers Market – By Regional Sub-segment, 2015–2024
    • North America Fluoropolymers Market
      • North America Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • North America Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
      • North America Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
      • North America Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • U.S. Fluoropolymers Market
      • U.S. Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • U.S. Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
      • U.S. Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
      • U.S. Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
      • Rest of North America Fluoropolymers Market
      • Rest of North America Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • Rest of North America Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
      • Rest of North America Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
      • Rest of North America Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
      • Europe Fluoropolymers Market, by Regional Sub-segment, 2015–2024
    • Europe Fluoropolymers Market
      • Europe Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • Europe Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
      • Europe Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
      • Europe Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • Germany Fluoropolymers Market
      • Germany Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • Germany Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
      • Germany Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
      • Germany Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • Italy Fluoropolymers Market
      • Italy Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
      • Italy Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024

Chapter 8 Italy Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024

  • Italy Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • France Fluoropolymers Market
    • France Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • France Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • France Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • France Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • U.K. Fluoropolymers Market
    • U.K. Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • U.K. Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • U.K. Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • U.K. Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Spain Fluoropolymers Market
    • Spain Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Spain Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Spain Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Spain Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Rest of Europe Fluoropolymers Market
    • Rest of Europe Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Rest of Europe Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Rest of Europe Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Rest of Europe Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • Asia Pacific Fluoropolymers Market, by Regional Sub-segment, 2015–2024
  • Asia Pacific Fluoropolymers Market
    • Asia Pacific Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Asia Pacific Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Asia Pacific Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Asia Pacific Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • China Fluoropolymers Market
    • China Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • China Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • China Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • China Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Japan Fluoropolymers Market
    • Japan Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Japan Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Japan Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Japan Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • ASEAN Fluoropolymers Market
    • ASEAN Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • ASEAN Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • ASEAN Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • ASEAN Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Rest of Asia Pacific Fluoropolymers Market
    • Rest of Asia Pacific Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Rest of Asia Pacific Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Rest of Asia Pacific Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Rest of Asia Pacific Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • Chapter 7Latin America Fluoropolymers Market, by Regional Sub-segment, 2015–2024
  • Latin America Fluoropolymers Market
    • Latin America Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Latin America Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Latin America Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Latin America Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Brazil Fluoropolymers Market
    • Brazil Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Brazil Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Brazil Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Brazil Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Rest of Latin America Fluoropolymers Market
    • Rest of Latin America Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Rest of Latin America Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Rest of Latin America Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Rest of Latin America Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
    • Middle East & Africa (MEA) Fluoropolymers Market, by Regional Sub-segment, 2015–2024
  • Middle East & Africa Fluoropolymers Market
    • Middle East & Africa Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Middle East & Africa Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Middle East & Africa Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Middle East & Africa Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • GCC Fluoropolymers Market
    • GCC Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • GCC Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • GCC Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • GCC Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • South Africa Fluoropolymers Market
    • South Africa Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • South Africa Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • South Africa Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • South Africa Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024
  • Rest of Middle East & Africa Fluoropolymers Market
    • Rest of Middle East & Africa Fluoropolymers Market, Volume by Product Segment (Kilo Tons), 2015–2024
    • Rest of Middle East & Africa Fluoropolymers Market, Revenue by Product Segment (US$ Mn), 2015–2024
    • Rest of Middle East & Africa Fluoropolymers Market, Volume by End-user Segment (Kilo Tons), 2015–2024
    • Rest of Middle East & Africa Fluoropolymers Market, Revenue by End-user Segment (US$ Mn), 2015–2024

Chapter 9 Company Profiles

  • Chemours
  • Arkema group
  • Daikin Industries Ltd.
  • Kureha Corporation
  • Halopolymer JSC
  • Solvay
  • Gujarat Fluorochemical Ltd.
  • 3M (Dyneon)
  • Asahi glass Company

Chapter 10 List of Customers

Chapter 11 Primary Research - Key Findings

This report provides forecast and analysis of the fluoropolymers market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume (kilo tons) and revenue (US$ Mn). It includes drivers and restraints of the fluoropolymers market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the market for fluoropolymers on the global and regional level.

In order to provide the users of this report with comprehensive view of the market, we have included detailed value chain analysis, listing market players for each entity in the value chain. Analysis of Porter’s Five Forces model has also been included to help understand the competitive landscape in the global fluoropolymers market. The study encompasses market attractiveness analysis, by end-user segments and countries, wherein application segments are benchmarked based on their market size, growth rate, and general attractiveness. A detailed customer list is also included in the report.

Segmentation comprises demand for individual products and end-users in all the regions and important countries in the region. Product segmentation includes current and estimated demand for PTFE, PVDF, FEP, fluoroelastomers, PVF, and others, while end-user segmentation includes present and forecast demand for fluoropolymers in industrial processing, automotive, electrical & electronics, construction, and others. Market numbers have been estimated based on the average usage of different kinds of fluoropolymers such as PTFE, PVDF, FEP, fluoroelastomers, PVF, and others in various end-use industries. Market size and forecast for each product segment have been provided in the context of global and regional markets. Market dynamics prevalent in China, North America, and Europe have been taken into account for estimating the growth of the global market. Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. The fluoropolymers market has been analyzed based on expected demand. Market data for each segment is based on demand volume and corresponding revenue. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers’ feedback and application requirement. All market numbers have been derived on the basis of demand for fluoropolymers in different applications in different regions. All existing key end-users have been considered and potential applications have been estimated on the basis of secondary sources and feedback by primary respondents. Regional consumption patterns have been considered while estimating the market for various end-users of fluoropolymers in different regions. We have used the top-down approach to estimate the global fluoropolymers market, split by regions. The global product segment and end-user split of the market has been derived using the bottom-up approach, which is cumulative of each region’s demand. Regional demand is the summation of sub-regions and countries within a region. Market share of companies has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates

Several primary and secondary sources were consulted during the course of the study. Secondary sources include OneSource, Factiva, Hoover’s, Chemical Weekly, UN Comtrade, and company annual reports and publications among many others.

The report provides detailed competitive outlook including market shares and company profiles of key participants operating in the global market. Key players profiled in the report include Chemours, Solvay, Asahi Glass Co., Daikin Industries, 3M (Dyneon), HaloPolymer JSC, Kureha Corporation and Gujarat Fluoropolymer Ltd. Company profiles include attributes such as company overview, financial overview, business strategy, and recent developments.

The market has been segmented as below:

Fluoropolymers Market - Product Segment Analysis

  • Polytetrafluoroethylene (PTFE)
  • Polyvinylidene fluoride (PVDF)
  • Fluorinated ethylene propylene (FEP)
  • Fluoroelastomers
  • Polyvinyl fluoride (PVF)
  • Others (Including ETFE, ECTFE, etc.)

Fluoropolymers Market - End-user Analysis

  • Industrial processing
  • Automotive
  • Electrical & electronics
  • Construction
  • Others (Including medical etc.)

 Fluoropolymers Market - Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA


 
 
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