The Growing Fluoropolymer Market and Its Key Attributes

Fluoroelastomer Specialists

According to the report, global fluoropolymer market was valued at USD 7.39 billion in 2016, is expected to reach USD 10.49 billion in 2021 and is anticipated to grow at a CAGR of 6.0 % between 2017 and 2022.

Fluoropolymers possess excellent properties such as chemical resistance, weather stability, low surface energy, low coefficient of friction, and low dielectric constant. These properties come from its special electronic structure of the fluorine atom, the stable carbon-fluorine covalent bonding, and the unique Intra and intermolecular interactions between fluorinated polymers. Due to fluoropolymer’s unique physical and chemical properties, they are widely applied in the electrical, construction, chemical, and automotive industries.