MarketsandMarkets: Global Fluoropolymers Market Worth $9,446.0 Million by 2016
DALLAS, January 31, 2012 /PRNewswire/ –
The report “Fluoropolymers Market Analysis by Product Types, Applications & Geography
- Trends & Global Forecasts (2011 – 2016)” defines and segments the global fluoropolymers
market with analysis and forecasting of the global volume and revenue for fluoropolymers.
It also identifies driving and restraining factors for the global fluoropolymers market
with analysis of trends, opportunities, burning issues, winning imperatives, and
challenges. The market is segmented and revenue is forecasted on the basis of major
geographies such as North America, Europe, Asia-Pacific, and Rest of the World. The key
countries are covered and forecasted for each geography. Further, market is segmented and
revenue is forecasted on the basis of applications and product types.
Browse more than 100 market data tables/figures spread through 243 pages and in-depth
TOC on “Fluoropolymers Market Analysis by Product Types, Applications & Geography – Trends
& Global Forecasts (2011 – 2016)”.
Early buyers will receive 10% customization on reports.
The market for fluoropolymers is being driven by the expansion of existing application
markets and emergence of new markets. Fluoropolymers exhibit properties superior to other
polymeric materials and rubber which makes them ideally suitable for a wide range of
applications, especially applications demanding extreme environments such as high
temperature stability, high chemical resistance, superior dielectric properties,
weldability, mechanical strength, etc.
Automotive and transportation industry is the largest end use application for
fluoropolymers. The growing trend towards lower vehicle weight, lower emissions, and
enhanced fuel efficiency is expected to drive the consumption growth of fluoropolymers in
the automotive and transportation industry. The high sales growth of the passenger cars in
emerging markets such as China and India is also expected to boost the market. Electrical
and electronics is the second largest application for fluoropolymers where they are
increasingly being used in semiconductor fabrication, wire and cable insulation,
lithium-ion batteries, jacketing, etc.
The global fluoropolymers market [
http://www.marketsandmarkets.com/Market-Reports/fluor-polymer-market-497.html ] in
terms of revenue was estimated to be worth $5,880.0 million in 2010 and is expected to
reach $9,446.0 million by 2016, growing at a CAGR of 6.5% from 2011 to 2016. North America
dominates the global fluoropolymers market, accounting for 40.7% of the overall market in
2010. The growth in the Asia-Pacific market is expected to be fuelled by countries such as
China and India.
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