The key vendors of The Global Fluoropolymer market are Asahi Glass Co., Daikin Industries Ltd., E. I. du Pont de Nemours and Co. (DuPont) and Solvay SA.
London, 06 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Fluoropolymer Market 2014-2018. One of the most important trends is the increase in penetration of low-volume fluoropolymers such as Polyvinylidene Fluoride and Fluorinated Ethylene Propylene. Also, there is expected to be an increase in demand for fluoropolymers in the APAC region, which will be the fastest growing region during the forecast period.
Fluoropolymers are fluorocarbon-containing polymers with unique high-performance material features. They are used as non-stick cookware and bakeware coating, and as coating in rugged and all-weather apparel.
“The demand for fluoropolymers is on the rise as a result of rapid growth in sectors such as Chemical Processing and Pharmaceutical”, says Faisal Ghaus, Vice President of TechNavio Research.
“The increasing penetration of low-volume fluoropolymers such as PVDF and FEP in uses such as semiconductor manufacturing, wire and cable insulation, and coating in construction applications are expected to lead the market toward product innovation and material development.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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