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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