Fluoropolymer Coating Additives Market is Booming Market Growing by 2026

Posted by Andre on October 22nd, 2019

This comprehensive Fluoropolymer Coating Additives Market report underlines the primary and secondary drivers, market share, possible sales volume, leading segments and geographical analysis. Have your business at the highest level of growth with this all-inclusive Fluoropolymer Coating Additives Market research report. Moreover, this market research report puts forth thorough overview of the market where it identifies industry trends, determines brand awareness and influence, provides industry insights and offers competitive intelligence. The report precisely collects the information about effective factors for the Chemical and Materials industry which includes customer behaviour, emerging trends, product usage, and brand positioning.

Global fluoropolymer coating additives market is expected to rise to an estimated value of USD 2.5 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the rising demand of construction and paint industries from developing countries.

Key Developments in the Market:

  • In August 2017, Daikin Industries Ltd. acquired Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. With this acquisition, Daikin entered into the fluoropolymers industries and is growing the sales of Heroflon's fluoropolymer compounds, thereby driving the fluoropolymer market in the long run
  • In May 2016, Evonik Industries AG acquired the business of specialty & coating additives from Air Products and Chemicals, Inc., a U.S. based manufacturer. The company invested 3.8 billion USD for this acquisition. The main aim of this acquisition was to strengthen their product portfolio in the market and will thus lead to the growth of fluoropolymer market

Segmentation: Global Fluoropolymer Coating Additives Market

Global Fluoropolymer Coating Additives Market By Type (Polytetrafluoroethylene Micropowders , Fluorinated Ethylene Propylene Micropowders, Perfluoroalkoxy Micropowders)

Applications (Printing Inks, Coatings, Lubricants & Grease, Thermoplastics & Elastomers)

End-User (Construction, Automobile, Paints, Furniture and Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis:

Global fluoropolymer coating additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Fluoropolymer Coating Additives Market Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

The key market players in the global fluoropolymer coating additives market are A & A Thermal Spray Coatings, Flame Spray Coating Company , Powder Alloy Corporation,  Metallisation Ltd, AMETEK Inc., Accuwright Industries , Praxair  Technology,Inc, Du pont, DOW among others.

Market Drivers:

  • Increasing demand of light weight plastics in automotive industries  which is expected to drive the market in the forecast period
  • Low maintenance cost of fluoropolymer coating additives will also propel the market growth
  • Fluoropolymer has the strength to resist high temperatures, corrosion and chemical inertness. This will further propel its market growth
  • Increased demand of fluoropolymer in printing inks can drive the fluoropolymer market

Market Restraints:

  • Volatility in raw material price can hampers the market growth in the forecast period.
  • Fluoropolymer coating additives experiences high pricing factor which acts as  a major challenge faced by the market
  • Huge investment in the R&D for innovation hampers the market growth

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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