Fluoroelastomer Specialists
Zion Market Research has published a new report titled “Fluoropolymer Market by Types (PTFE, PVDF, FEP, and Fluoroelastomers), for Automotive & Transportation, Electrical & Electronics, Chemical Processing, and Industrial Equipment Applications – Global Industry Perspective, Comprehensive Analysis and Forecast 2016 – 2022”. 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 are polymers that have several strong carbon-fluorine bonds. Fluoropolymers possess many unique properties such as chemical resistant and mechanical and electrical insulation. These properties make fluoropolymers attractive as highly durable protective coatings in many different architectural coating formulations, particularly those intended for exterior applications due to the need for excellent weather ability. Fluoropolymers are very popular in industrial processing industries owing to their chemical and oil resistant properties.
Read more: Global Fluoropolymer Market sales is growing at 6.0% CAGR till 2022