Fluoropolymers Market
REPORT DESCRIPTION
Fluoropolymers Market( Product- Polytetrafluoroethylene( PTFE), Polyvinylidene Fluoride( PVDF), Fluorinated Ethylene Propylene( FEP), Fluoroelastomers, and Polyvinyl fluoride( PVF); End-user- Industrial processing, Automotive, Electrical & electronics, and Construction)- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016- 2024
A recent study by Transparency Market Research as evaluated that Chemours were the leading company in the global fluoropolymers market, holding 24.6 % share in 2015, while rest of the market was moderately concentrated with top five companies collectively owning 56.8 % shares the same year. The other four prominent players detected by the TMR report in the global market for fluoropolymers are Daikin Industries Ltd., Asahi Glass Corporation, Solvay, and 3M( Dyneon).
According to the reports estimations, the opportunities in the global fluoropolymers market were worth US $ 5.89 bn in 2016, and estimates it to reach a valuation of US $ 10.64 bn by the end of 2024, expanding at a healthy CAGR of 6.8 % during the forecast period of 2016 to 2024. By volume, the report projects the market to expand at a CAGR of 5.4 % during the same forecast period, reaching a volume of 693.8 kilo tons by 2024.
Obtain Report Details @ http:// www. transparencymarketresearch. com / fluoropolymersmarket. html
Personal Care Applications Driving Demand Based on product, the report segments the global fluoropolymers market into polyvinylidene fluoride( PVDF), polytetrafluoroethylene( PTFE), fluorinated ethylene propylene( FEP), polyvinyl fluoride( PVF), fluoroelastomers, and others including ECTFE and ETFE. Out of these, PTFE accounted for 65.3 % of the demand in terms of volume in 2015, although the report expects it to lose a little ground, it will remain the most profitable product segment by a long margin ahead of PVDF, the second leading product segment.
Transparency Market Research
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