NEW YORK, Fev. 5, 2018 /PRNewswire/ — Trends, opportunities and forecast in fluoropolymer film market to 2023 by product type, which includes polytetrafluoroethylene (PTFE), polyvinylidine fluoride (PVDF), fluorinated ethylene propylene (FEP), polyvinyl fluoride (PVF), perfluoroalkoxy alkane (PFA), ethylene tetrafluoroethylene (ETFE), and others (ECTFE, PCTFE, and TVH), by end use industry such as electrical and electronics, construction, packaging, transportation, industrial, and other end use industries, and by region
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The future of the fluoropolymer film market looks promising with opportunities in the electrical and electronics, construction, packaging, transportation, and industrial sector. The global fluoropolymer film market is expected to reach an estimated $2.4 billion by 2023 with a CAGR of 6.5% from 2018 to 2023. The major growth drivers for this market are increasing demand in the medical packaging industry and growth in the solar photovoltaic and construction industries.
Emerging trends, which have a direct impact on the dynamics of the fluoropolymer film industry, include usage of functional fluoropolymer films to encapsulate solar panels on building exteriors, increasing deployment of fluoropolymer films in electrochemical devices, and increasing usage in innovative green technology.
The study includes the market size and forecast for the global fluoropolymer film market through 2023, segmented by product type, end use industry, and region as follows:
Fluoropolymer Film Market Trends
Fluoropolymer Film Market Forecast
Global Fluoropolymer Film Market by Region
Fluoropolymer Film Market by Product Type [Volume (Tons) and $M shipment analysis for 2012 – 2023]:
Fluoropolymer Film Market by End Use Industry [Volume (Tons) $M shipment analysis for 2012 – 2023]:
Electrical and Electronics
Fluoropolymer Film Market by Region [Volume (Tons) $M shipment analysis for 2012 – 2023]:
North America Europe Asia Pacific The Rest of the World
Some of the fluoropolymer films companies profiled in this report include 3M Dyneon, Chemours, Saint-Gobain, Daikin Industries Ltd., and Solvay S.
A. among others.
Lucintel forecasts that PVDF film will remain the largest product type and it is also expected to witness the highest growth due to increasing demand in capacitor, photovoltaic module, and lithium-ion batteries.
Within the fluoropolymer film market, electrical and electronics will remain the largest end use industry, and witness highest growth during the forecast period. The demand for fluoropolymer film is growing due to rapid expansion of solar energy, growing demand for electrical appliances, and growth of the semiconductor industry.
Asia Pacific is expected to remain the largest market and experience the highest growth over the forecast period. The growth