Research and Markets: Global Fluoropolymer Market 2014-2018: Asahi Glass Co, Daikin Industries, Ltd, DuPont & Solvay S.A Lead the Market
Research and Markets (http://www.researchandmarkets.com/research/3xcz6c/global) has announced the addition of the "Global Fluoropolymer Market 2014-2018" report to their offering.
The Global Fluoropolymer Market to grow at a CAGR of 6.41 percent over the period 2013-2018
Fluoropolymer is strong and durable plastic, with unique high-performance material features. They are increasingly being used as non-stick cookware, and bakeware coating. It is also used by skiers and sportsmen, owing to its ability to provide a unique rugged and all -weather apparel quality. They have other major applications in various industries, such as aviation, electronics, telecommunications, automobiles and trucks, pollution control, and national security.
The Global Fluoropolymer market can be segmented into three divisions PTFE, PVDF, FEP, and ETFE. These are sets of methodologies and technologies that transform unstructured and structured data into meaningful and useful information processes.
One of the most important trends is the increase in penetration of low-volume fluoropolymers such as Polyvinylidene Fluoride and Fluorinated Ethylene Propylene. In addition, there will be an increase in demand for fluoropolymers in the Asia Pacific region, which will be the fastest growing region during the forecast period.
According to the report, one of the major drivers in the market is the rise in demand in the APAC region. Owing to the rapid advancements and an increase in demand from emerging countries such as China and India, the Global Fluoropolymer market is also growing in the APAC region.
Further, the report states that one of the most important challenges that the market is facing is the threat from the inequality in demand and supply. Moreover, the presence of low-cost Chinese products in the Fluoropolymer market in the US, especially in the Polytetrafluoroethylene, FEP, and PVDF segments, is exerting price pressure on US manufacturers.