Fluoropolymer-film Market to experience an impressive growth of 6.2% during 2020-2025
January 28, 2020
Fluoropolymer-film Market is likely to witness a healthy CAGR of 6.2% during the forecast period. Exceptional properties of fluoropolymer-films and their extensive applications in electrical & electronics and medical & pharmaceuticals drive the market globally.
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Fluoropolymer-film Market Segment Insights:
By Film Type:
Based on the film type, the market is segmented as Polytetrafluoroethylene (PTFE) films, Polyvinylidene Fluoride (PVDF) films, Fluorinated Ethylene Propylene (FEP) films, Perfluoroalkoxy Polymer (PFA) films, Ethylene Tetrafluoroethylene (ETFE) films, and others. Polytetrafluoroethylene (PTFE) films are extensively used in aerospace & automotive and electrical & electronics, owing to their rich properties and cost-effectiveness.
By Application Type:
Based on the application type, the market is segmented as electrical & electronics, industrial, automotive & aerospace, medical & pharmaceutical, consumer goods, and others. The electrical & electronics segment is projected to lead the market in the coming five years due to the use of fluoropolymer-films in the manufacturing of semiconductors and other industrial electronics.
By Region:
In terms of regions, Asia-Pacific is expected to dominate the fluoropolymer-film market in the coming five years. China and India are the growth engines of the region. The market is driven by the growing use of fluoropolymer-films in various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities in the coming five years.
Key Players:
Some of the fluoropolymer-film manufacturers are The Chemours Company, Compagnie de Saint-Gobain S.A., Nitto Denko Corporation, The 3M Company, Honeywell International, Guarniflon S p A, Textiles Coated International (TCI), and Chukoh Chemical Industries.
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