Global Fluoropolymer Coatings Market Overview:
Fluoropolymer coatings are blends of high-performance resins and fluoropolymer lubricants. These coatings contain a superior dry film lubricant that produces a smooth, hard, slick coating that contains excellent corrosion and chemical resistance. Other benefits of fluoropolymer coatings include resistance to galling, reduced friction, non-stick, non-wetting, abrasion resistance, and electrical resistance. Fluoropolymer coating applications are extensive; the coatings are applied to fasteners and various OEM components to provide a longer life before replacement.
As per latest study released by AMA Research, the Global Fluoropolymer Coatings market is expected to see growth rate of 6.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Demand for Fluoropolymer Coating from the Architectural Sector
Market Growth Drivers:
Increasing Use in the Processing Industry and Rising Demand With Expanding End-User Industries in Developing Countries
Challenges:
Raw Material Supply
Restraints:
Environmental Regulations and Availability of Substitute Coatings
Opportunities:
Shift Towards Environmentally-Friendly Products and Growth in Industrialization Worldwide
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies.
Some of the key players profiled in the report are AkzoNobel N.V. (Netherlands), Whitford Corporation (United States), Daikin Industries Limited (Japan), E.I. DU Pont DE Nemours & Company (United States), PPG Industries, Inc. (United States), BASF SE (Germany), The Valspar Corporation (United States), Beckers Group (Germany), Nippon Paint Holdings Co. Ltd. (Japan) and Tiger Drylac U.S.A., Inc. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Fluoropolymer Coatings market by 2030.
Latest Market Insights:
In October 2023, Chemours launched its new Teflon EcoElite™ coatings, a more sustainable alternative to traditional fluoropolymer coatings. These coatings are formulated with bio-based raw materials and offer comparable performance to conventional coatings, making them a more environmentally friendly choice.
On October 26, 2023, Arkema introduced Xylan® FZ 1500, a fluoropolymer coating designed for harsh environments and demanding applications like corrosion protection, non-stick properties, and chemical resistance.
What Can be Explored with the Fluoropolymer Coatings Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fluoropolymer Coatings Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fluoropolymer Coatings
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fluoropolymer Coatings market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fluoropolymer Coatings market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Fluoropolymer Coatings providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.