Title: Fluoropolymer Coating Market - Trends & Forecasts to 2019
1MarketsandMarkets Presents
- Fluoropolymer Coating Market
- Trends Forecasts to 2019
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2- Fluoropolymer Coating market is projected to
reach 1,534.30 million by 2019 in terms of
value, signifying firm annualized growth of 6.36
between 2014 and 2019. - Fluoropolymer coating systems are prepared from
fluoropolymer resin such as PTFE, PVDF, FEP, ETFE
resin. The market has witnessed a significant
growth in the recent years, and this growth is
projected to persist in the coming years. Due to
its characteristic properties such as wear and
abrasion resistance, low friction coefficient,
flame retarding properties, and tensile strength
are used in a wide range of end user industries
such as food processing, electrical
electronics, chemical processing, and building
construction.
3-
- http//www.marketsandmarkets.com/Market-Reports/fl
uoropolymer-coatings-market-54320875.html - Currently, the Asia-Pacific is the biggest market
of fluoropolymer coating, accounting for 48.04
of the total market size in terms of value in
2013. Among all the countries, the China
dominates the market, which had the maximum
market share in 2013. PTFE coatings are the
largest consumed type of fluoropolymer coatings,
followed by PVDF coatings. China is the biggest
market, followed by United States, and is
projected to grow at a CAGR of 6.03 between 2014
and 2019. The European market is comparatively
mature with a consumption growth rate well below
the average market growth. The European market is
expected to show the lowest CAGR of 4.70 between
2014 and 2019.
4- On the basis of type, the market is further
categorized into PTFE, PVDF, FEP, ETFE and other
coating resins. PTFE Coatings is the largest
consumed of fluoropolymer coatings, followed by
PVDF coatings. - On the basis of end user, the market is further
categorized into food processing, electrical
electronics, chemical processing, and building
construction. The growth in end user segment is
primarily driven by growing demand from the
Asia-Pacific region particularly from China. - The major players of fluoropolymer coating
include Whitford Corporation (U.S.), AkzoNobel
N.V. (Netherlands), Daikin Industries Limited
(Japan), E.I. DuPont de Nemours Company (U.S.),
PPG Industries (U.S.), BASF SE (Germany), and The
Valspar Corporation (U.S.), Beckers Group
(Germany), and Nippon Paint Holdings Co. Ltd.
(Japan), Tiger Drylac U.S.A., Inc. (U.S.).
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