Reports And Data

Increasing application of fluoropolymer films in electronics applications is a key factor driving market revenue growth

NEW YORK CITY, NEW YORK, UNITED STATES, August 3, 2022 /EINPresswire.com/ -- The global fluoropolymer films market size is expected to reach USD 2.22 Billion in 2028 and register a revenue CAGR of 5.8% over the forecast period, according to the latest report by Reports and Data. Key factors such as rising demand for consumer electronics and increasing use of fluoropolymer films in construction sector are some of the major factors driving market revenue growth.

Fluoropolymer is semi-crystalline compound compressed of fluorine and carbon molecules. It is widely used in various end-use industries such as electrical & electronics, industrial, medical & pharmaceutical, automotive & aerospace, consumer products, food & beverage, construction, and oil & gas. Electrical & electronics segment accounted for major revenue share in the global market in 2020. Increasing use of fluoropolymer films in the manufacture of semiconductors, batteries, solar glazing, and others is a major factor driving revenue growth of this segment.

North America market accounted for second-largest revenue share in the global market in 2020. Factors such as rapid advancements in construction sector, and increasing application of fluoropolymer films in electronics industries are key factors driving market revenue growth in this region.

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Some Key Highlights From the Report:

In March 2021, AGC Chemicals Americas launched Fluon+ EM-20010 compounds composed of ethylene and tetrafluoroethylene (ETFE). It helps to prevent growth of viruses and bacteria and is designed for extruded film applications such as coverings for high-touch surfaces at hospitals, schools, office buildings, entertainment venues, restaurants, and hotels.
Polytetrafluoroethylene segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing application of polytetrafluoroethylene in manufacturing of electronics and electrical cables due to its various advantages such as cost-effectiveness, toughness, and non-flammable nature.
Companies profiled in the global market report include The Chemours Company, Saint-Gobain, 3M, Nitto Denko, Daikin, Honeywell International, DUNMORE, Guarniflon, AGC Chemicals, and Textiles Coated International.

To know more about the report@ https://www.reportsanddata.com/report-detail/fluoropolymer-films-market

Segments covered in the report:

Type Outlook (Revenue, USD Billion; 2018-2028)

Polytetrafluoroethylene (PTFE) Films
Polyvinylidene Fluoride (PVDF) Films
Fluorinated Ethylene Propylene (FEP) Films
Perfluoroalkoxy Polymer (PFA) Films
Ethylene Tetrafluoroethylene (ETFE) Films
Others

Application Outlook (Revenue, USD Billion; 2018-2028)

Electrical & Electronics
Industrial
Medical & Pharmaceutical
Automotive & Aerospace
Consumer Products
Others

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Regional Outlook:

North America
US.
Canada
Mexico
Europe
Germany
UK.
France
Italy
Spain
Sweden
BENELUX
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Israel
Rest of MEA

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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