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Fluoropolymer Additives Market Analysis

  • Report ID: GMI3236
  • Published Date: Apr 2019
  • Report Format: PDF

Fluoropolymer Additives Market Analysis

Perfluoroalkoxy (PFA) fluoropolymer additives market size may witness significant gains at around 5.5% up to 2025. It has wide application usage in thermoplastics & elastomers pertaining to their light weight and enhanced performance efficiency. They are capable of being melted and reshaped multiple times making them ideal for automotive, aerospace and other machinery & equipment. Rising R&D activities along with increasing demand for high performance elastomers should fuel product demand.
 

Polytetrafluoroethylene (PTFE) fluoropolymer additives market from coatings application may surpass USD 360 million by 2025 owing to the increasing investments in infrastructure development and growing demand for weather resistant, protective materials for exterior building parts. They provide superior corrosion and electrical resistance which enhance the exterior coatings lifespan. PTFE coatings offer high temperature resistance, low maintenance cost and non-reactivity towards several solvents & acids.
 

Lubricants & grease market size in PTFE fluoropolymer additives may register gains over 6% by 2025 as it is used as a friction modifier which is added to lubrication oils. These products when added to lubricants reduce friction, increase the carrying loads and enhance extreme pressure performance. Most of the vehicle manufacturers are relying on fluoropolymers which exhibits superior performance properties as these provides resistance against heat, chemicals, and corrosion.  Also, PTFE based greases have low friction, longer usage life than conventional grease, and wide range of operating temperature.
 

North America, driven by Canada, Mexico, and the U.S. fluoropolymer additives market size should surpass USD 800 million by 2025 owing to the growing demand for printing inks in the region. Most of the companies are offering wide range of high viscosity marking inks for PTFE fluoropolymer wire applications, which are creating avenues in the printing inks industry and thereby boosting the market size.
 

Europe fluoropolymer additives market demand led by Germany, UK, France, Italy may anticipate gains close to 5.5% in the forecasted timeframe. Increasing demand for light-weight thermoplastics in automotive industry pertaining to their superior properties such as electrical antifriction and weather stability will stimulate the regional market growth. Replacement of metal components with thermoplastics significantly enhances efficiency and minimizes fuel cost. Rising environmental concerns for carbon emissions along with increasing consumer awareness for thermoplastics should boost the fluoropolymer additives industry demand.
 

Asia Pacific, led by India, Japan, and China fluoropolymer additives market size may register significant growth over 6% by the end of 2025. The region has witnessed significant increase in demand for residential and commercial buildings which has boosted the paints & coatings industry. They are used in infrastructure coatings pertaining to their durability, weather resistance and economic feasibility.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The overall fluoropolymer additives market might register a CAGR of 6.3% over the anticipated period.

Fluoropolymer additives market is likely to surpass a mammoth of USD 1.9 billion by the end of 2025.

Fluoropolymer Additives Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 14
  • Tables & Figures: 302
  • Countries covered: 19
  • Pages: 190
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