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Fluoropolymer Coatings Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Fluoropolymer

The “Fluoropolymer Coatings Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Fluoropolymer Coatings market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Fluoropolymer Coatings market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The fluoropolymer coatings market is expected to witness moderate growth, at an estimated CAGR of 4.72%, over the forecast period (2019-2024). One of the major factors driving the growth of the market studied is the growing manufacturing sector in Asia-Pacific, increased usage of high-performance coatings, due to cost benefits and longer lifespan, and the increasing application sector, especially the renewable energy sector (wind energy and solar power).
  • – High costs of some of the fluoropolymer resins are expected to slightly hinder the market growth.
  • – By application, the industrial segment was estimated to hold the largest share, accounting for ~24% and ~25% of the market studied, in terms of value and volume, respectively, in 2018, and is expected to witness a CAGR of 5.12% throughout the forecast period.
  • – In 2018, Asia-Pacific dominated the market studied, and is expected to witness the highest CAGR during the forecast period.<

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    In Fluoropolymer Coatings Market Report, Following Companies Are Covered:

  • AkzoNobel NV
  • Daikin Industries Ltd
  • PPG Industries Inc.
  • Praxair Surface Technologies Inc.
  • Tnemec Company Inc.
  • Axalta Coating Systems Ltd
  • Walter Wurdack Inc.
  • The Chemours Company
  • The Sherwin
  • Williams Company
  • Whitford Corporation
  • Kansai Paints Co. Ltd
  • KCC Corporation

    Fluoropolymer Coatings Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • This report studies the global Fluoropolymer Coatings market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Fluoropolymer Coatings Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Industrial Sector – A Huge Market Potential

    – Fluoropolymer coatings for industrial applications are applied on various derivatives, like concrete, carbon steel, stainless steel, steel alloys, brass, zinc, magnesium, and other metals, as well as non-metallic, such as glass, ceramics, elastomers, rubber, plastics, paper, or wood, in order to offer protection against mechanical, chemical, and environmental degradation. It is designed to be both aesthetic, as well as protective.
    – The list of uses of fluoropolymer coatings serve is nearly endless. The main reason for applying a coating is to protect the part that is underneath it, especially from various types of corrosion. Fluoropolymer coatings are one of the most durable types of non-stick coatings. The most common use of industrial coatings is to prevent concrete or steel from corroding. Another common use is to make these materials more resistant to fire or other chemicals.
    – The oil and gas industry is a major sub-segment of industrial application, which is a major consumer of fluoropolymer coatings. Oil and gas exploration and recovery demand the harshest of all applications for polymeric materials. The temperature and pressures, the presence of corrosive chemicals, and the operational life expected of such materials require the use of only premium, high-performance grades. Fluoropolymer coating has the property of withstanding extremely low and high temperature, and providing reduced torque and galling levels, even after long-term exposure to corrosion. Fasteners, valves, and subsea connectors used in oil and gas equipment benefit from low friction, good load bearing, and anti-corrosion properties of fluoropolymer coatings.
    – All the aforementioned factors, in turn, are expected to increase the demand for fluoropolymer coatings during the forecast period.

    Asia-Pacific to Witness Strong Demand

    – Asia-Pacific is estimated to witness tremendous growth, over the assessment period, in the fluoropolymers market, due to the wide usage of fluoropolymer coatings in numerous end-use application segments. Asia-Pacific is the biggest market, followed by Europe and North America.
    – China’s 13th five-year plan outlined urbanization focused on investments in airports, railways, and water infrastructure, which is likely to drive the need for fluoropolymer-based coatings. Currently, the steadily growing number of housing stats in China is giving coating manufacturers a boost. Moreover, China is a cost-sensitive market. As fluoropolymer coatings provide a lifespan of more than 30 years, cutting down the cost of recoats and maintenance, there is a positive growth opportunity for the product.
    – China is one of the world’s largest automotive and auto component manufacturing bases. The Government of China views its automotive industry, including the auto parts sector, as one of the country’s pillar industries running the national economy. Other than being a manufacturing hub, China continues to be the world’s largest vehicle market, with sales of over 28 million units in 2017. Fluoropolymer coatings, with its high weatherability and high gloss finishes, are estimated to have an increased demand from the automotive industry. High demand for premier cars and consumers’ rising purchasing power are likely to drive the demand for fluoropolymer coatings from this segment.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Fluoropolymer Coatings create from those of established entities?

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    Detailed TOC of Fluoropolymer Coatings Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand due to Expanding Applications in Multiple Industries
    4.1.2 Growth in Manufacturing Sector in Asia-Pacific
    4.1.3 Increasing Usage of High-performance Coatings
    4.1.4 Demand from the Growing Wind Energy Sector
    4.2 Restraints
    4.2.1 Competition from Low-priced Protective Coatings Available in the Industry
    4.2.2 Strict Environmental Policies and Regulations
    4.3 Industry Value Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Price Analysis

    5 MARKET SEGMENTATION
    5.1 Resin Type
    5.1.1 Polytetrafluoroethylene (PTFE)
    5.1.2 Polyvinylidene Fluoride (PVDF)
    5.1.3 Fluorinated Ethylene Propylene (FEP)
    5.1.4 Ethylene Tetrafluoroethylene (ETFE)
    5.1.5 Perfluoroalkoxy Alkanes (PFA)
    5.1.6 Polyvinyl Fluoride (PVF)
    5.1.7 Other Resin Types
    5.2 Application Sector
    5.2.1 Industrial
    5.2.2 Building and Construction
    5.2.3 Automotive
    5.2.4 Food Processing
    5.2.5 Aviation and Aerospace
    5.2.6 Electrical
    5.2.7 Cookware
    5.2.8 Other Application Sectors
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Australia
    5.3.1.6 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 The Netherlands
    5.3.3.4 Italy
    5.3.3.5 France
    5.3.3.6 Spain
    5.3.3.7 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 United Arab Emirates
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 AkzoNobel NV
    6.4.2 Daikin Industries Ltd
    6.4.3 PPG Industries Inc.
    6.4.4 Praxair Surface Technologies Inc.
    6.4.5 Tnemec Company Inc.
    6.4.6 Axalta Coating Systems Ltd
    6.4.7 Walter Wurdack Inc.
    6.4.8 The Chemours Company
    6.4.9 The Sherwin-Williams Company
    6.4.10 Whitford Corporation
    6.4.11 Kansai Paints Co. Ltd
    6.4.12 KCC Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Upcoming Building and Construction Projects in North American and Asia-Pacific Region

     

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