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Fluoropolymer Market in the US
Taiyou Research, Aug 2011, Pages: 105
A fluoropolymer can be described as a fluorocarbon based polymer with multiple strong carbon–fluorine bonds. It has a high resistance to solvents, acids, and bases. In the US, the demand for fluoropolymers is anticipated to rise by 4.5 percent per year to over $2 billion by 2015. Gains will represent an acceleration from the 1998-2008 decade, during which the fluoropolymer market was hampered by weakness in the manufacturing sector. The demand for fluoropolymers will be driven by a turnaround in key markets such as motor vehicles and wire and cable, and the increasing need for high-performance materials in demanding industrial applications.
Rising demand in emerging, high-growth markets such as advanced batteries, fuel cells and photovoltaic modules will also support gains. Polytetrafluoroethylene (PTFE), the first commercial fluoropolymer, will continue to account for the largest portion of demand in 2015. However, the most rapid gains will be seen for fluoroelastomer products, fueled by a strong rebound in motor vehicle production from a low 2008 base. Demand for fluorinated ethylene propylene (FEP) and polyvinylidene fluoride (PVDF) resins will rise at a more moderate pace, limited by a drop in nonresidential construction activity.
Fluoropolymers remain constantly in demand due to their durable nature and applications in various other places. Industrial markets will remain the largest outlet for fluoropolymers by 2015, accounting for nearly one-third of demand by value. Double-digit growth in solar energy products will fuel gains for polyvinyl fluoride (PVF) films used in the production of photovoltaic modules.
In this industry scenario, Taiyou Research analyzes the Fluoropolymer Market in the US. The report covers the following:
- A statistical analysis of the US market for fluoropolymers.
- Analysis of the demand for fluoropolymers segmented according to products. Segments analyzed include Fluorinated Ethylene Propylene, Fluoroelastomers, and Polytetrafluoroethylene.
- Industry trade, industry trends, regulatory framework, and the industry structure are analyzed, along with an analysis of the product development in the industry.
- Markets analyzed in this research report include electrical and electronic markets, industrial equipment markets, and others.
- Major players are analyzed in this report through a company overview, analysis of business segments, presence in the market, and a SWOT analysis.
Taiyou Research’s report on the Fluoropolymer Market in the US is a comprehensive research offering on the industry.
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