Fluoropolymer Films Market Size, Share Global Analysis Report, 2021 - 2026

Industry Insights

[187+ Pages Report] Facts & Factors recently published the latest report titled “Fluoropolymer Films Market” that encompasses the spectacle of the market in an analytical and comprehensive manner. The global Fluoropolymer Films Market is expected to reach a value of USD 4.2 Billion in the year 2026 from an initial value of USD 2.2 Billion in the year 2020 at a CAGR value of 5.4% during 2021-2026.

Market Overview

Fluoropolymer films are produced from a fluoropolymer which is a fluorocarbon-based polymer that is constructed using multiple carbon-fluorine bonds and is highly characterized by a high resistive power of solvent, acids, and bases. The best-known fluoropolymer is referred to as polytetrafluoroethylene. They contain highly conductive properties such as chemical inertness, superior dielectric properties, optical properties, UV and weather resistance, and a low coefficient of friction.

Industry Growth Factors

The global fluoropolymer films market is expected to be driven by factors pertaining to increasing demand for cost-effective measures when compared to metals and plastics coupled with rising requirements for appropriate films for higher reliability measures to name a few. Additionally, factors pertaining to heat sealing properties, metalized, laminated, thermoformed, and welded are expected to increase the footprint of the global fluoropolymer films market during the forecast period. Moreover, the integration of dielectric properties across a wider range of temperature and frequency ranges for fluoropolymer films using advanced production techniques is expected to open new revenue opportunities for the global fluoropolymer films market during the forecast period.

The global fluoropolymer films market is expected to be driven by increasing demand from a wider range of end-uses owing to superior properties coupled with increased precipitation of products to name a few. Furthermore, the use of fluoropolymer films in semiconductors and automotive parts is expected to boost the global fluoropolymer films market during the forecast period. However, the higher price in production due to disruption in the supply chain analytics of raw materials is expected to hinder the global fluoropolymer films market during the forecast period.

Segmentation Analysis

The global fluoropolymer films market is segmented into type, application, and regions.

On the basis of type, the global fluoropolymer films market is divided across polytetrafluorethylene, polyvinyl fluoride, polyvinylidene fluoride, fluorinated ethylene propylene, and others. The segment pertaining to polyvinylidene fluoride is expected to witness the largest market share during the advent of the forecast owing to the non-reactive thermoplastic production method coupled with factors pertaining to excellent flexibility, low thermal conductivity, corrosion, and chemical resistance, to name a few. On the basis of application, the global fluoropolymer films market is categorized into construction, automobile & aerospace, electronics & electricals, packaging, and others.  The segment pertaining to construction is expected to witness the largest market share during the advent of the forecast owing to the integration of wider usage in the latter segment in terms of extreme corrosion, weather, fading, and cracking, to name a few.

Report Scope

Regional Analysis

Asia-Pacific is expected to witness the largest market share during the advent of the forecast owing to the growing construction sector in the region coupled with increasing demand from emerging economies such as China and India to name a few. Additionally, favorable government policies coupled with increasing technological advancements are expected to increase the footprint of the fluoropolymer films market during the forecast period. Growing application in solar PV cells and semiconductors coupled with increasing export measures are expected to open revenue opportunities for the fluoropolymer films market during the forecast period. North America is expected to follow the region of Asia-Pacific in terms of market share due to rising public and private sectors for infrastructural development coupled with an increasing number of production centers in the region to name a few.

Competitive Players

The key market participants in the global fluoropolymer films market are:

• Chemours Company
• DAIKIN Industries Inc.
• DUNMORE Corp.
• 3M
• The Dow Chemical Company
• Textiles Coated International
• Arkema Group
• Solvay SA
• Evonik Industries
• Asahi Glass Co. Ltd.
• Saint- Gobain
• Nitto Denko
• DuPont de Nemours Inc.

By Type Segment Analysis

• Polytetrafluorethylene
• Polyvinyl Fluoride
• Polyvinylidene Fluoride
• Fluorinated Ethylene Propylene
• Others

By Application Segment Analysis

• Construction
• Automobile & Aerospace
• Electronics & Electricals
• Packaging
• Others