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.
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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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