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Global Fluoropolymers Market to Reach Us$10.64 Bn by 2024; Apac, Led by China, to Exhibit Fastest Growth

  • Date Submitted: 07/06/2016 04:56 AM
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Transparency Market
Research
Fluoropolymers Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 - 2024

Published Date
03-May-2016

187 Page Report

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Press Release

Fluoropolymers Market to Reach US$10.64 bn by 2024,
Buoyed by High Demand in Industrial Processing : TMR
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Fluoropolymers Market

REPORT DESCRIPTION
Fluoropolymers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
Transparency Market Research has published a new report titled “Fluoropolymers (PTFE, PVDF, FEP,
Fluoroelastomers, PVF, and Others) Market for Industrial Processing, Automotive, Electrical &
Electronics, Construction, and Other End-users – Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast, 2016–2024.” According to the report, the global market for fluoropolymers was valued
at US$ 5.88 Bn in 2015 and is anticipated to reach US$ 10.64 Bn in 2024, expanding at a CAGR of 6.8%
between 2016 and 2024.
Fluoropolymers are one of the most versatile groups of specialty polymers. These are used in various end-use
industries such as industrial processing, electrical & electronics, automotive, and construction. High thermal
resistance and chemical inertness exhibited by fluoropolymers is the primary functionality that drives its
applications. Polytetrafluoroethylene (PTFE) was the first fluoropolymer to be commercialized. It continues to
witness the leading position in terms of demand. Other popular fluoropolymers include PVDF (polyvinylidene
fluoride) and FEP (fluorinated ethylene propylene). Among end-user industries, industrial processing
accounted for the largest market for fluoropolymers in 2015. Automotive, electrical & electronics and
construction are estimated to exhibit promising growth over the forecast period. The...

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