November 15, 2021
According to the research report titled, ‘Fluoropolymer Films Market Size By Polymer [(PVDF (Polyvinylidenefluoride), FEP (Fluorinated Ethylene Propylene), PTFE (Polytetrafluoroethylene), PFA (Perfluoroalkoxy), (ECTFE) (Ethylene ChloroTriFluoroEthylene), PCTFE (Polychlorotrifluoroethylene), PVF (Polyvinyl Fluoride), ETFE (Ethylene Tetrafluoroethylene), THV (Terpolymer Of Tetrafluoroethylene, Hexafluoropropylene And Vinylidene Fluoride)], By End-user Industry (Construction, Transportation, Electrical & Electronics, Industrial Processing, Medical & Healthcare), Industry Analysis Report, Regional Outlook, End-user Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, global fluoropolymer films market is anticipated to amass notable gains over 2020-2026.
Escalating demand from medical, electronics, construction, and other high-revenue industries as well as rapid development in the pharmaceutical and construction sector are propelling the growth of global fluoropolymer films market.
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For the unversed, fluoropolymer films possess beneficial features like heat resistance, non-flammability, chemical resistance, non-stickiness, water resistance, optical transparency, moisture resistance, and electrical resistance. These films are predominantly used across applications like anti-graffiti coverings, hot melt adhesive, pharmaceutical cap liners, capable insulation, hot melt adhesive, and many more.
On the contrary, high production cost along with fluctuations in oil prices are likely to impede market progression in the ensuing years.
In terms of polymer, the PCTFE segment is poised to record a CAGR of 4.1% during the analysis timeline owing to their gas barrier properties, high chemical stability, and water vapor barrier properties.
Meanwhile, ETFE segment is projected to record 4.4% CAGR creditable to its advantageous properties like corrosion resistance, high thermal stability, and high tensile strength.
Based on end-use ambit of global fluoropolymer films market, the medical & healthcare segment is slated to multiply at a fast pace through 2026 ascribing to benefits like high chemical inertness, lower coefficient of friction, increased flexibility, thermal stability, and biocompatible. These features have enabled the product use in delivery systems, drug containers, plunger laminates, cap liners, and stoppers.
Regionally speaking, Latin America market is projected to expand substantially over 2020-2026 accreditable to rising transportation and construction sector and increasing utilization of decorative films in automotive exteriors.
Meanwhile, Middle East & Africa market is estimated to record 4.5% CAGR over 2020-2026 due to strong demand for advanced thermoplastics in healthcare and construction industries.
Key players operating in global fluoropolymer films market are Solvay S.A., Rogers Corporation, SKC Corporation Ltd., Dunmore Corporation, Fluortek AB, Polyflon Technology Ltd., AGC Inc., Honeywell International Inc., Compagnie de Saint-Gobain S.A., Kureha Corporation, Arkema Inc., Daikin Industries Ltd., The Chemours Company, and The 3M Company.