Fluoropolymer films exhibit physical & chemical properties that
are superior to other film materials. Industrial applications of
fluoropolymer films are propelling on the grounds of several
high-performance qualities, which include non-stick performance,
optical transparency, chemical resistance and moisture resistance.
Nonetheless, the most crucial factor driving the demand for
fluoropolymer films across multiple industrial verticals is the
robust precipitation attained by these films. High precipitation
capabilities of fluoropolymer films make them a diversified raw
material for production of electronic components, machines,
automobile parts and semiconductors.
A latest report published by Future Market Insights that the global
market for fluoropolymer films, which is worth closed to US$ 1,400 Mn
at present, will soar at an impressive 6.1% CAGR to bring in US$
2,537.6 Mn by the end of 2026. According to the report, the global
demand for fluoropolymer films is also anticipated to grow on the
account of rapid deployment of solar photovoltaic (PV) modules across
the globe. Surging adoption of solar PV modules will continue to
boost the sales of fluoropolymer films which are used as protective
sheets to layer from surfaces of these modules.
In the due course of this decade-long forecast period, the global
fluoropolymer
films market is also predicted to record sales of close to 60,000
tonnes. A major share of these sales are likely to emanate from the
Asia-Pacific excluding Japan region. Through 2026, the region’s
fluoropolymer films revenues will showcase steadfast growth 5.8%
CAGR. China’s Dongyue Group Ltd. is projected to play a key role
towards the growth of fluoropolymer films market in Asia-Pacific
excluding Japan region.
The Japanese fluoropolymer films market will also register steady
growth as companies such as Asahi Glass Co., Ltd. and DAIKIN
Industries, Ltd. will continue gaining global prominence as
manufacturers of fluoropolymer films. Another lucrative region for
global expansion of fluoropolymer films businesses is observed to be
North America. US-based fluoropolymer film manufacturers, namely The
Chemours Company, 3M Company and Honeywell International, Inc. will
play a key role in consolidating North America’s position in the
global fluoropolymer films market. Other leading manufacturers of
fluoropolymer films, profiled in the report, include Solvay, Arkema
Group, Saint-Gobain, and Polyflon Technology Limited.
High price of procuring fluoropolymers and complexity of
manufacturing processes involved in production of these films might
restrain the market’s growth to some extent
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A comprehensive pricing analysis compiled in the report indicates
that in 2015, the average price weighed per ton of fluoropolymer
films was around US$ 36,380 to US$ 43,440
Demand for PTFE, FEP and PVF fluoropolymer films will remain
considerably high as these three products will account for close to
60% of global revenues through 2026
The report identifies packaging as the largest end-user industry for
fluoropolymer films, but also expects significant growth across
multiple industrial verticals such as automotive & aerospace,
electrical & electronics, and industrial equipment manufacturing
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