Fluoropolymers Market 2021 Business Trends, Global Segments, Industry Profit Growth and Regional Study by Forecast to 2025
As per Market Research Future (MRFR) analysis, the global fluoropolymer market is estimated to reach USD 9,912.5 million with a CAGR 6.45% from 2017 2023 (forecast period). The report provides a comprehensive overview of the global situation, the economic condition, and the COVID-19 impact on the overall market. Fluoropolymer is a chemical compound that comprises bonds of carbon fluoride. It provides a range of properties, such as chemical resistance, electrical and mechanical insulation properties, thermal resistance, stress cracking, and others. Such properties open up opportunities for fluoropolymers in many applications, from coatings to industrial films. It is also used in household applications, construction, and electrical & electronics, among others. Market Dynamics The market for fluoropolymers is projected to increase significantly during the forecast period. The increasing demand for superior performance materials in architectural coatings and the ri...