According to a new market report published by Lucintel, the future of the fluoropolymer film market looks promising with opportunities in the electrical and electronics, construction, packaging, transportation, and industrial sector. The fluoropolymer film market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.6 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market are increasing demand in the medical packaging industry and growth in the solar photovoltaic and construction industries.

Browse 86 market data tables and 116 figures spread through 192 pages and in-depth TOC on “Fluoropolymer Film Market"

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In this market, polyvinylidine fluoride (PVDF), polytetrafluoroethylene (PTFE), polyvinyl fluoride (PVF), fluorinated ethylene propylene (FEP), ethylene tetrafluoroethylene (ETFE), perfluoroalkoxy alkane (PFA), ethylene chlorotrifluoroethylene (ECTFE), and polychlorotrifluoroethylene (PCTFE) are used for protection, barrier, and insulation in a wide range of end use industries. Lucintel forecasts that PVDF film will remain the largest product type and it is also expected to witness the highest growth due to increasing demand in capacitor, photovoltaic module, and lithium-ion batteries.

Within the fluoropolymer film market, electrical and electronics will remain the largest end use industry, and witness highest growth during the forecast period. The demand for fluoropolymer film is growing due to rapid expansion of solar energy, growing demand for electrical appliances, and growth of the semiconductor industry.

Asia Pacific is expected to remain the largest market and experience the highest growth over the forecast period. The growth is supported by government policies for the use of solar power for rural electrification projects, a rise in the demand for electronic products such as laptops, mobile phones, and high resolution television sets, and growth in the construction industry.

Emerging trends, which have a direct impact on the dynamics of the market, include usage of functional fluoropolymer films to encapsulate solar panels on building exteriors, increasing deployment of fluoropolymer films in electrochemical devices, and increasing usage in innovative green technology. 3M Dyneon, Chemours, Saint-Gobain, Daikin Industries Ltd., and Solvay S.A. are among the major manufactures of fluoropolymer films.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the fluoropolymer film market by product type, by end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Fluoropolymer Film Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the fluoropolymer film market by product type, end use industry, and region as follows:

By Product Type [Volume (Tons) and $M shipment analysis for 2014 – 2025]:

PVDF FilmPTFE FilmPVF FilmFEP FilmETFE FilmPFA FilmOthers
By End Use Industry [Volume (Tons) $M shipment analysis for 2014 – 2025]:

Electrical and ElectronicsPhotovoltaicConsumer ElectronicsConstructionPackagingTransportationIndustrialOthers
By Region [Volume (Tons) $M shipment analysis for 2014 – 2025]:

North AmericaEuropeAsia PacificThe Rest of the World
This 192-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fluoropolymer-film-market.aspx or [email protected].

About Lucintel

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