Materials & Chemicals Market Research News

Global fluoropolymer market size expected to reach nearly $8.8 billion by 2022 detailed in new research report

Materials & Chemicals Research

The global fluoropolymers market is witnessing growth, owing to the growth in key industries such as electrical & electronics, and automotive and aerospace and defense. Also, growing demand for fluoropolymers from Asia-Pacific and increasing industrial applications of fluoropolymers are further anticipated to spur the market growth.

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled Fluoropolymer Market Make an Inquiry about this news (Type: Polyvinylidene Fluoride (PVDF), Fluoroelastomers, Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Others; Application: Automotive and Transportation, Building and Construction, Electricals and Electronics, Industrial Processing, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022”, estimated that the global fluoropolymer market is anticipated to witness a significant growth, at a CAGR of around 5.9% during the period from 2016 to 2022 and reach the market value of around $8.8 billion in 2022. In terms of volume, the fluoropolymers market is expected to reach over 475 kilo tons in 2022, at a CAGR of 5.1% during the same analysis period.