Fluoropolymer Film Market growth rate, Technologies & Forecast 2017-2 Fluoropolymer Film | Page 2
Fluoropolymer films are used significantly in construction sector on doors and windows for
safety and security application. Furthermore, these films possess the properties of
temperature control, light control, excellent aesthetic appearance and protection from UV
rays. Escalating commercial and residential projects in countries like India and China and
rising adoption of these films in other emerging regions has propelled the fluoropolymer
film market.
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These films are used in vehicles for tinting windows, and in some regions, it is mandatory to
tint the window as per the government regulations. The surge in upper class segment
population and rising income levels has given a boost to automobile demand.
Further, the market for high end luxurious cars is at its peak as it delivers a status symbol for
its users. Thus, improving automobile market is likely to enhance the fluoropolymer films
industry. Precursor in fluoropolymer manufacturing is crude oil, and volatility of crude oil
prices will affect the market. This in turn can hamper growth of the market during the
forecast period.
North America is expected to remain a dominant region during the forecast period. Asia
Pacific accounts for a decent share in the market owing to its booming industries such as
automobiles, construction and packaging. The region is led by the countries like, India, China
and Philippines. Increase in the need of infrastructural development and rise in the
disposable income of the population has made this region a significant contributor in the
market.
Key manufacturers in fluoropolymer film market are The 3M Company, Sealed Air
Corporation, Eastman Chemical Company, Honeywell International, Inc., Evonik Industries,
Bemis Company Inc., Bayer AG, E. I. du Pont de Nemours, The Dow Chemical Company.
Source Report:
https://www.gminsights.com/industry-analysis/fluoropolymer-film-market
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