High Performance Fluoropolymer Market by Type, Form End-Use Industry, and Region - Global Forecast to 2024

Japan, Japan, Tue, 20 Jul 2021 04:26:34 / Comserve Inc. / -- The global high performance fluoropolymers (HPF) market size is estimated to be USD 3.3 billion in 2019 and is projected to reach USD 4.6 billion by 2024, at a CAGR of 6.9%.

The global high performance fluoropolymers (HPF) market size is estimated to be USD 3.3 billion in 2019 and is projected to reach USD 4.6 billion by 2024, at a CAGR of 6.9%. This growth is attributed to HPF's growing number of applications in various industries. Also, expansion across end-use industries is further driving the industry for HPF globally.

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Increasing demand for coatings from various industries such as automobiles, industrial textiles, wires & cables, and industrial machinery, has created high demand for HPF's. Considering this scenario, the coatings segment is estimated to be the largest segment in the HPF market. Growth across various end-use industries of HPF's globally is the reason behind the fastest growth of HPF market in the coatings segment.

US emerged as the largest producer of oil & gas globally, which triggered the expansion across downstream process industries, which benefitted the HPF market. Also, the US and Mexico are amongst the top automotive manufacturers of HPF globally. Presence of full-fledged end-use industries is the major demand driver for HPF in North America.

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Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and subsegments of the HPF market gathered through secondary research.
The breakdown of primary interviews has been given below.
• By Company Type: Tier 1 – 55%, Tier 2 – 27%, and Tier 3 – 18%
• By Designation: C Level Executives – 36%, Director Level – 18%, Others – 46%
• By Region: North America – 37%, APAC – 27%, Europe – 27%, RoW – 9%,
The key companies profiled in this report include The Chemours Company (US), Daikin Industries, Ltd. (Japan), 3M (US), Solvay SA (Belgium), AGC (Japan), The Dongyue Group (China), Gujrat Fluorochemicals Ltd. (India), Halopolymer OJSC (Russia), Hubei Everflon polymer (China), and China Reform Culture Holdings Co. Ltd. (China).
Research Coverage
This report covers the HPF market and forecasts its market size until 2024. The market has been segmented based on type, form, end-use industry, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the HPF market, along with opportunities and challenges across these industries. It also includes profiles for top manufacturers in the market.
Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the HPF market and provides the closest approximations of overall market size for its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the market and provide information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as new product launch, acquisition, and expansion.

TABLE OF CONTENTS

1 INTRODUCTION 18
1.1 OBJECTIVES OF THE STUDY 18
1.2 MARKET DEFINITION 18
1.3 MARKET SCOPE 19
1.3.1 HPFS MARKET SEGMENTATION 19
1.3.2 YEARS CONSIDERED FOR THE STUDY 20
1.4 CURRENCY 20
1.5 UNIT CONSIDERED 20
1.6 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.2 TOP-DOWN APPROACH 26
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.3.1 HPFS MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS 28
2.4 LIMITATIONS 29
2.5 ASSUMPTIONS 30

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