IMARC Group, a leading market research company, has recently releases report titled “Fluoropolymer Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The report offers a comprehensive analysis of the industry, which comprises insights on the global fluoropolymer additives market forecast. The global fluoropolymer additives market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.

Fluoropolymer additives are polymers characterized by a carbon backbone that forms robust carbon-fluoride bonds owing to the presence of fluorine. These materials have widespread usage in various industrial sectors as additives that enhance performance by modifying coating formulations, improving anti-foaming properties, and enhancing wetting and dispersing characteristics. Fluoropolymer additives excel in high-temperature and highly corrosive environments on account of their impressive tensile strength and exceptional resistance to heat, wear, and chemicals. They are even employed in polymers, plastics, and rubbers to facilitate processes such as film blowing, injection molding, and extrusion while also reducing friction and wear. Fluoropolymer additives are known for their exceptional durability, superior surface protection, and beneficial properties in terms of defoaming, wetting, and stabilizing pigments. As a result, they find extensive application in paints and coatings, printing inks, lubricants, thermoplastics, and elastomer industries across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/fluoropolymer-additives-market/requestsample

Fluoropolymer Additives Market Trends and Drivers:

The fluoropolymer additives market is positively driven by the escalating adoption of the product in the coating industry to enhance wettability, reduce foam, disperse materials, prevent chipping, and provide ultraviolet (UV) protection. Moreover, the market is further propelled by the rising investments by government bodies across countries aimed at promoting infrastructure development. Besides this, the expanding environmental consciousness and the shifting preferences towards eco-friendly products are also positively influencing the market growth. Additionally, the increasing requirement for flexible packaging solutions and rapid technological advancements are driving the need for printing inks, which are acting as significant growth-inducing factors. Apart from this, the inflating demand for lightweight thermoplastics, the growing research and development (R&D) efforts, and the elevating adoption of products in plastic processing industries to reduce dye build-ups, minimize sharkskin defects, and improve yield are expected to fuel the fluoropolymer additives market over the forecasted period.

Competitive Landscape with Key Player:

• 3M Company, AGC Inc.
• Chenguang Research Institute of Chemical Industry
• Daikin Industries Ltd.
• Fluorogistx
• Gujarat Fluorochemicals Limited
• Maflon S.p.A.
• Reprolon Texas
• Shamrock Technologies
• Solvay S.A.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

• Polytetrafluoroethylene (PTFE) Micropowders
• Fluorinated Ethylene Propylene (FEP) Micropowders
• Perfluoroalkoxy (PFA) Micropowders
• Others

Breakup by Application:

• Printing Inks
• Coatings
• Lubricants and Grease
• Thermoplastics and Elastomers
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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