Fluoroelastomer Specialists
Zion Market Research has published a new report titled “Fluoropolymers (Polytetrafluoroethylene (PTFE), Polyvinylidene Difluoride (PVDF), Fluorinated Ethylene Propylene (FEP) and Fluoroelastomers) Market for Automotive, Electrical & Electronics, Construction and Industrial Equipment Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, the global fluoropolymers market was valued at approximately USD 6.50 billion in 2014 and is expected to reach approximately USD 10.50 billion by 2020, growing at a CAGR of around 7.5% between 2015 and 2020. In terms of volume, global fluoropolymers market stood at around 650-kilo tons in 2014.
A polymer that exhibits strong carbon-fluorine bond is called as a fluoropolymer. The fluoropolymer is also known as fluorine polymer. High resistance to solvents, acids, and bases are some of the important characteristics of fluoropolymers. Fluoropolymers demonstrate a low coefficient of friction compared with other polymers, they are inert substances and can withstand high temperatures. They are usually applied to manufactured metal parts by electrostatic powder coating, or attached in large sheets with epoxy to line the interior of large metal and non-metal containers. Some of the fluoropolymers are thermosets while others are thermoplastics. Fluoropolymers are widely used in numerous applications in a host of industries owing to their excellent properties such as non-adhesive, low friction, chemical and weather resistance, etc.
Read more: Fluoropolymers Market Globally Estimates $10.50 Billion by 2020