Quick Summary:
The Global Fluoropolymers Market is rapidly expanding, with projections revealing it is set to hit a robust figure of US$12.6 billion by the year 2030, rising from an approximate US$8.9 billion in 2022. This report equips top decision-makers with insightful data and industry analysis, breaking down this intricate market and providing an edge in an increasingly competitive arena. It highlights key growth segments such as PTFE which is projected to experience a 5.3% CAGR, reaching a noteworthy US$7 billion by 2030.
With invaluable insights into regional dynamics, this report unveils the great potential of emerging markets like China, forecasted to grow at an 8% CAGR and reach an impressive US$2.9 billion by 2030. It also analyses the established market of the US, estimated at US$2.4 billion in 2022. Moreover, it details the performance of several other notable geographic markets, equipping your business with the knowledge necessary to navigate varied economic landscapes. In-depth competitor analysis of 11 featured companies further empowers you to shape strategical decisions. Make your move in the Fluoropolymers market with the guidance of our comprehensive report.
Global Fluoropolymers Market to Reach $12.6 Billion by 2030
The global market for Fluoropolymers estimated at US$8.9 Billion in the year 2022, is projected to reach a revised size of US$12.6 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. PTFE, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PVDF segment is readjusted to a revised 3.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 8% CAGR
The Fluoropolymers market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -32.9% and -31.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately -32.8% CAGR.Select Competitors (Total 11 Featured) -
- AGC Chemicals Americas, Inc.
- AGC Chemicals Europe Ltd.
- Altaflo
- Arkema Group
- Cole-Parmer Instrument Company, LLC.
- Compact Membrane Systems
- Cromwell Group (Holdings) Limited
- Daikin America, Inc.
- Daikin Industries Ltd.
- Delta Coatings & Linings, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Fluoropolymers?
What is the growth rate of the Global Market for Fluoropolymers?
What is the forecasted size of the Global Market for Fluoropolymers?
Who are the key companies in the Global Market for Fluoropolymers?
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 8.9 Billion |
| Forecasted Market Value ( USD | $ 12.6 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AGC Chemicals Americas, Inc.
- AGC Chemicals Europe Ltd.
- Altaflo
- Arkema Group
- Cole-Parmer Instrument Company, LLC.
- Compact Membrane Systems
- Cromwell Group (Holdings) Limited
- Daikin America, Inc.
- Daikin Industries Ltd.
- Delta Coatings & Linings, Inc.
