According to the report titled ‘Fluoropolymer Masterbatch Market Size, Share and Industry Analysis Report by Resin (PVDF, PTFE, ECTFE/ETFE, FEP, PFA/MFA), Type (Black, White, Color, Additive) and Application (Wires & Cables, Films, Tubing, Injection Molded Parts), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global fluoropolymer masterbatch market is expected to witness exponential growth during 2021-2027.
 

Robust expansion of the wires & cable industry, and increasing demand from the polymer processing sector are factors augmenting the growth of global fluoropolymer masterbatch market. Also, focus among established players for implementing strategic initiatives to capitalize on emerging trends will augment the industry outlook.     
 

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For the unversed, fluoropolymer is a material used in lubricants, coatings, and inks across numerous sectors as it offers low friction, high thermal stability, and is abrasion-resistant. It is majorly used in automobiles, medical devices, and chemical pumps & valve linings among others owing to aforementioned benefits. 
 

Despite the positive outlook, exorbitant prices of masterbatch products is assumed to hamper the progress of market in the forthcoming years. 
 

Based on resin type, the PFA/MFA segment is anticipated to register 3% CAGR during the forecast period due to exceptional chemical resistance of this resin, making it desirable in the production of wires and cables. 
 

In terms of perspective type, the color segment of worldwide fluoropolymer masterbatch industry is likely to expand significantly during the analysis period, due to its widespread usage in the manufacturing of colorants and additives, particularly in the plastics processing sector. 
 

Concerning the application spectrum, the tubing vertical is predicted to attain an 8% market share by the end of 2027, given the surging demand for plastic pipes & tubing across end-user ambits. 
 

From a regional standpoint, Latin America market is poised to grow modestly during the projected timeline, due to the area’s high dependency on plastic imports, wires, and cables. 
 

The competitive landscape of global fluoropolymer masterbatch market is defined by companies such as Lehvoss Italia SRL, Sarvan Carbochem LLP, RTP Company, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Hubei Everflon Polymer Co., Ltd., Matsuo Sangyo Co., Ltd., Ampacet Corporation, Avient Corporation, and Avi Additives Pvt. Ltd. among others.