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The global fluoropolymer additives market is expected to exhibit a CAGR of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A fluoropolymer is a polymer with a carbon backbone that contains fluorine to form strong carbon-fluoride bonds. They are widely used across several industrial verticals as additives to enhance performance by modifying coating formulations, anti-foaming properties, and wetting and dispersing characteristics. Fluoropolymer additives perform well in high-temperature and extremely corrosive environments due to their high tensile strength and exceptional resistance to wear, heat, and chemicals. They are also used in polymers, plastics, and rubbers to process film blowing, injection molding, and extrusion and reduce wear and friction. Apart from this, fluoropolymer additives exhibit excellent wearability, superior surface protection, and defoaming, wetting, and high pigment stabilization properties, due to which they find extensive applications across the paints and coating industries.
The widespread product adoption in the coating industry to improve wettability, foam reduction, dispersing, anti-chipping, and ultraviolet (UV) protection of the material is creating a positive outlook for the market. Additionally, increasing investments by governments of various nations promoting infrastructural development is also favoring the market growth. Apart from this, rising environmental consciousness and the rapid shift toward environmentally friendly products are providing an impetus to the market growth. Moreover, the increasing need for flexible packaging solutions and rapid technological advancements is likely to accelerate the demand for printing inks. This, in turn, has facilitated the extensive product utilization in printing ink applications due to their low coefficient of friction and chemical resistant properties, which is positively influencing the market growth. Other factors, including the rising demand for lightweight thermoplastics, extensive research and development (R&D) activities, and widespread product adoption in plastic processing industries to reduce dye build-ups, minimize sharkskin defects, and enhance yield, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global fluoropolymer additives market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.
Breakup by Product:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, AGC Inc., Chenguang Research Institute of Chemical Industry, Daikin Industries Ltd., Fluorogistx, Gujarat Fluorochemicals Limited, Laurel Products LLC, Maflon S.p.A., Reprolon Texas, Shamrock Technologies and Solvay S.A.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||3M Company, AGC Inc., Chenguang Research Institute of Chemical Industry, Daikin Industries Ltd., Fluorogistx, Gujarat Fluorochemicals Limited, Laurel Products LLC, Maflon S.p.A., Reprolon Texas, Shamrock Technologies and Solvay S.A.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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