According to the research report titled ‘Fluoropolymer Additives Market Size By Product (Polytetrafluoroethylene Micropowders, Fluorinated Ethylene Propylene Micropowders, Perfluoroalkoxy Micropowders), By Application (Printing Inks, Coatings, Lubricants & Grease, Thermoplastics & Elastomers), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, Australia, South Korea, Thailand, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, fluoropolymer additives market was worth USD 1.2 billion in 2018 and is anticipated to surpass a valuation of USD 1.9 billion by the year 2025.

According to credible estimates, rising demand for light-weight polymers, increasing investments in building and construction activities, as well as surging product usage in consumer electronics, automotive, semiconductors, and construction industries are the major growth determinants for global fluoropolymer additives market.

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For the unversed, fluoropolymer additives are resistant to corrosion, chemicals, and UV radiation, have low maintenance cost, and have excellent temperature tolerance, making them ideal for usage in extreme temperatures.

Moreover, soaring demand for high-performance plastics, as well as increased penetration in automotive and infrastructure projects are expected to boost the product demand, thereby fuelling the industry outlook during the review period.

Based on application, the coatings segment is poised to grow significantly over the forecast timeframe, due to product deployment in architectural coatings and building exteriors, because of low coefficient of friction, improved weather resistance, light weight, and melt-processable capacity.

As per the report, PTFE (polytetrafluoroethylene) micropowders segment of North America fluoropolymer additives industry is slated to grow at a rate of 6.5% through 2025 because of increasing technical innovation, and its usage in the production of high viscosity marking and printing inks owing to outstanding capabilities like wetting & pigment stability, surface protection, and durability.

Whereas FEP (fluorinated ethylene propylene) micropowders segment of Europe industry was worth USD 6.5 million in 2018 and is expected to amass notable gains over the analysis timeframe, owing to increasing incorporation of light weight thermoplastics in the automotive industry as well as shifting consumer preferences and stringent government laws against VOC emissions in the region. These additives have features like electrical antifriction, they improve fuel efficiency of vehicles, and
can be moulded multiple times at high temperatures.

Laurel Products LLC, Kitamura Limited, 3M Company, Maflon SpA, Reprolon Texas, Chenguang Research Institute of Chemical Industry, AGC Inc., Gujarat Fluorochemicals Limited, Micro Powders Inc., Fluorogistx CT LLC, Shamrock Technologies Inc., Solvay S.A., Daikin Industries Ltd., and DuPont de Nemours Inc. are the key players in global fluoropolymer additives marketplace.