A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Fluoropolymer
Coating Market.
The study, titled “Fluoropolymer
Coating Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Fluoropolymer Coating Market: Overview
Several
industries including automotive, construction, chemical, electronic,
electrical, and architectural have application of fluoropolymer
coating, which are the mixture of resin binders and fluoropolymer
lubricants. These coatings offer highly useful attributes such as low
coefficients of friction, chemical resistance, electrical resistance,
corrosion protection, anti-galling properties, and UV protection.
Consequently, the demand in the global fluoropolymer coating market
is projected to expand at a healthy CAGR during the forecast period
of 2016 to 2024.
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Report Preview:
This
report on the global market for fluoropolymer coatings has been
prepared to act as a reliable document for the stakeholders connected
to the value chain of this market. It studies all the factors that
may impact the demand for fluoropolymer coating, positively or
negatively, during the forecast period, and estimates the scenario of
the market until 2024. Segment based revenue and growth rates have
been evaluated and most lucrative regions have been detected. The
report also overviews a number of leading companies that are
currently operating in the global fluoropolymer market, exploring
their product portfolio, share of the pie, and latest strategic
developments.
Based
on type, the market for fluoropolymer can be segmented into
polyvinylidene fluoride (PVDF), polytetrafluoroethylene (PTFE),
ethylene tetrafluoroethylene (ETFE), and fluorinated ethylene
propylene (FEP), while on the basis of end-use industries, the market
can be categorized into building and construction, aerospace,
chemical processing, electrical and electronics, food and beverage,
and others. Geographically, the report evaluates the opportunities
available in several regions including Asia Pacific, Europe, North
America, Latin America, and the Middle East and Africa.
Global
Fluoropolymer Coating Market: Trends & Opportunities
The
expanding application of fluoropolymer coating in various industries,
and their consequent prosperity, are the primary factors driving the
global market for the same. In the automotive industry, fluoropolymer
are used in various parts such as ball bearings in order to impact
friction and resist corrosion. In the aerospace sector, fluoropolymer
coating are applied in cabin interiors, wheels, and bearings to
resist fire and corrosion. The building and construction industry is
currently thriving in several emerging economies, wherein
fluoropolymer coating are useful for paints, sealants, and adhesives
to add durability. A number of cooking appliances such as mixing
blades, non-stick cookware, cutting blades, and molds use
fluoropolymer coating. The electronic industry is flourishing too,
and thereby driving the demand for fluoropolymer coating, using it
for protective coating and insulation. Owing to its high durability,
PVDF based coating are extensively used in the agriculture sector for
coating of post-formed steel sheets or metal coils as well as
architectural aluminum surfaces.
Currently,
the building and construction industry account for the maximum demand
for fluoropolymer coating by a considerable margin ahead of the
second most profitable end-use industry of automotive.
Global
Fluoropolymer Coating Market: Regional Outlook
Asia
Pacific is the most profitable market for the players in the
fluoropolymer coating market, with vast possibilities for future,
followed by Europe and North America wherein the market has reached
maturity to a certain extent. Rapid urbanization is opening vast
opportunities in Asia Pacific countries such as India, China, South
Korea, and Malaysia.
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Companies
mentioned in the research report
Some
of the leading companies currently operating in the global
fluoropolymer coating market are PPG Industries, Inc., Arkema S.A.,
Akzo Nobel N.V., Daikin Industries Ltd., BASF SE, E. I. du Pont de
Nemours and Company, TOHO KASEI Co., Ltd., Toefco Engineered Coating
Systems, Inc., Whitford Corporation, and The Valspar Corporation.
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