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Fluoropolymer Market is Growing at a CAGR of 5.7% & to Reach $9,797.4 Million by 2018 - New Report by MarketsandMarkets
Date:11/23/2013

(PRWEB) November 23, 2013

The report "Fluoropolymer Market, By Type (PTFE, PVDF, FEP, Fluoroelastomers) & Application (Automotive, Electrical & Electronics, Chemical Processing, Industrial) - Global Trends & Forecast to 2018" defines and segments the fluoropolymers market with an analysis and forecasting of revenue. This market would grow from an estimated $7.2 billion in 2013 to $9.8 billion by 2018, with a CAGR of 5.7% from 2013 to 2018.

Browse 103 market data tables and 28 figures spread through 260 pages and in-depth TOC on “Fluoropolymer Market - Global Trends & Forecast to 2018”.
http://www.marketsandmarkets.com/Market-Reports/fluor-polymer-market-497.html

Early buyers will receive 10% customization on this report.

The market for fluoropolymers is being driven by the expansion of existing application markets and emergence of new markets. Fluoropolymers exhibit properties superior to other polymeric materials and rubber which make them ideally suitable for a wide range of applications, especially applications demanding extreme environments, such as high temperature stability, high chemical resistance, superior dielectric properties, weldability, mechanical strength, etc.

The automotive and transportation industry is the largest end use application for fluoropolymers. The growing trend towards lower vehicle weight, lower emissions, and enhanced fuel efficiency is expected to drive the consumption growth of fluoropolymers in the automotive and transportation industry. The highest sales growth of passenger cars in emerging markets such as China and India is also expected to boost the market. Electrical and electronics is the second largest application for fluoropolymers where they are increasingly being used in semiconductor fab
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