fluoropolymer coating market is expected to showcase growth of around 5% during the forecast period 2021-2027

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FLUOROPOLYMER COATING MARKET
MARKET DYNAMICS

• Increasing demand for high-performance coating
• Growing end-use industries

Drivers
LATEST TREND

• In the light of COVID-19, demand of semiconductor
  has increased, resulted in supply-chain
  disruption, as a result industry has taken
  several initiatives to meet the growing demand,
  this in turn is expected to increase the demand
  of fluoropolymer. For instance, in 2021, Taiwan
  Semiconductor Manufacturing Company (TSMC)
  announced the plan to spend 100 billion over the
  next three years to expand its chip fabrication
  capacity and fund research and development (RD)
  of advanced technologies

• 5G technology deployment and growing
  digitalization
• Recovery in automobile sector couple with
  increasing adoption of electric mobility

Opportunity
MAJOR PLAYERS