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Fluoropolymer Coatings Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Fluoropolymer

The “Fluoropolymer Coatings Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Fluoropolymer Coatings Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Fluoropolymer Coatings market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Fluoropolymer Coatings Market Are:

  • 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

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    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.<

    Scope of the Report:

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

    Fluoropolymer Coatings Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Fluoropolymer Coatings market?
    • What are the key market trends impacting the growth of the global Fluoropolymer Coatings market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Fluoropolymer Coatings market?
    • What are the market opportunities and threats faced by the vendors in the global Fluoropolymer Coatings market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Fluoropolymer Coatings market?

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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.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Fluoropolymer Coatings Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Fluoropolymer Coatings .

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    Report Objectives:

    • Analyzing the size of the Fluoropolymer Coatings market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Fluoropolymer Coatings market.
    • Determining the key dynamics of the Fluoropolymer Coatings market.
    • Highlighting significant trends of the Fluoropolymer Coatings market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Fluoropolymer Coatings market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Fluoropolymer Coatings market.

    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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