Fluoropolymer Additives Market Overview :
The demand for fluoropolymers additives stood at over USD 963 million in 2022, and the market is expected to register a CAGR of over 5.4% during the forecast period.
Fluoropolymer is a fluorocarbon-based polymer having multiple carbon-fluoride bonds. Fluoropolymer additives are extensively used in polymer processing for film blowing, injection molding, and extrusion. Additionally, fluoropolymer additives are used as an additive in coatings, lubricants, and inks. The properties of fluoropolymer additives increase their demand as they reduce the optical defects and simultaneously increase the production output.
The growing demand for lightweight thermoplastic materials as a substitute for metals as well as the demand for structural coatings in the construction industry are factors expected to fuel the growth of the global fluoropolymer additives market. Fluoropolymer additives offer significant properties such as chemical and heat resistance, low coefficient of friction, and high tensile strength enhance the presentation of end-use applications, such as coatings, coaxial cables, and insulation wires. The increasing investments in the building & construction industry and growing adoption of plastic in the automotive industry are also expected to boost market growth.
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Segmentation
The global fluoropolymer additives market has been segmented based on product, application, and region. On the basis of product, the global fluoropolymer additives market has been categorized into polytetrafluoroethylene (PTFE) micropowders, fluorinated ethylene propylene (FEP) micropowders, perfluoroalkoxy (PFA) micropowders, and others.
Based on application, the global fluoropolymer additives market has been classified into printing inks, coatings, lubricants and grease, thermoplastics and elastomers, and others
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Based on region, the global market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Players
- DowDuPont (US)
- Solvay S.a. (Belgium)
- DAIKIN INDUSTRIES Ltd (Japan)
- Laurel Products
- LLC (US)
- 3M (US)
- Reprolon Texas (US)
- Shamrock Technologies (Newark)
- MAFLON S.P.A. (Italy)
- Fluorogistx (US)
- Chenguang Research Institute of Chemical Industry (China)
- Micro Powders Inc (US)
- Inolub (India)
- ASAHI GLASS CO. LTD (Japan)
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