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The global fluoropolymer market is expected to reach $6.8 billion by 2022

Industrial Market Research

The global fluoropolymer market is expected to reach an estimated $6.8 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to 2022.


According to a new market report published by Lucintel, the future of the global fluoropolymer market is attractive with opportunities in various end use industries, including industrial processing, electrical and electronics, transportation, construction, healthcare, and others. 

The major drivers for growth in this market are increasing demand for high performance polymers in industrial processing, transportation, and electrical and electronics, because of its superior properties such as non-adhesiveness, low friction, non-stick, high dielectric, and chemical resistance properties.

In this market, industrial processing, electrical and electronics, and transportation are the major end use industries.