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Fluoropolymers Market Is Expected To Grow At A CAGR Of 7.9% Over The Forecast Period From 2017 To 2025:

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

The excellent properties of fluoropolymers such as low friction, non-adhesiveness, non-stick nature, resistance to heat, chemicals, moisture & shock, chemical inertness, high dielectric quality and barrier properties is one of the key factor driving the overall growth. Furthermore, high melting point, wide service temperature range, weatherability, high crystallinity and excellent reflectivity to UV rays are some other major advantages of using fluoropolymers over traditional polymers. The property of chemical inertness is used in the production of vessels and pipe linings, semiconductor equipment, gasket packing, lithium-ion batteries and carrier materials. Fluoropolymers are also widely utilized in miniaturization of circuit boards, electrical insulation and manufacture of consumer electronics because of their superior dielectric property which is further expected to drive the global fluoropolymers market.

Currently, the global fluoropolymers market is witnessing bright opportunities owing to a rapid increase in demand for lightweight materials and coatings to be used in manufacturing automobiles and aircraft components. Also, several applications of fluoropolymers in electrical & electronics and lubrication is another major factor driving the growth of the global market. Additionally, increase in demand for efficient and cost-effective insulating materials coupled with rise in demand for fluoropolymer insulating electrodes drives the market growth. Fluoropolymers are anticipated to register significant growth in automotive application due to increase in usage of highly stable fluoropolymer coatings as well as rise in demand for lightweight vehicles.

Competitive Insights

The global fluoropolymers market is witnessing a significant growth owing to rising demand for more efficient and cheaper substitutes of heavy metals and conventional polymers. The key players in the global fluoropolymers market are investing more on research & development activities to introduce cheaper fluoropolymers as well as to increase their penetration in developing markets. Some of the major players operating in the global fluoropolymers market include Daikin Industries Ltd., The Chemours Company, Solvay SA, The 3M Company, Jiangsu Meilan, Dongue Group, Arkema SA, Shanghai Sanaifu, Asahi Glass Co. Ltd. and Gujrat Fluorochemicals Ltd. among others.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Fluoropolymers contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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