Global Fluoropolymer Coatings Market Size study & Forecast, by Type (Polytetrafluoroethylene (PTFE) Coating, Polyvinylidene Fluoride (PVDF) Coating, Fluoroethylene Propylene (FEP) Coating, Ethylene Tetrafluoro Ethylene (ETFE) Coating, Perfluoroalkoxy Alka

Global Fluoropolymer Coatings Market Size study & Forecast, by Type (Polytetrafluoroethylene (PTFE) Coating, Polyvinylidene Fluoride (PVDF) Coating, Fluoroethylene Propylene (FEP) Coating, Ethylene Tetrafluoro Ethylene (ETFE) Coating, Perfluoroalkoxy Alkanes (PFA) Coating, Others), by End Use Industry (Food Processing, Electrical & Electronics, Chemical Processing, Building & Construction, Others) and Regional Analysis, 2023-2030

Global Fluoropolymer Coatings Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Fluoropolymer coatings are a type of coating that is based on fluoropolymers, which are a class of synthetic materials containing fluorine atoms. These coatings are known for their exceptional chemical resistance, nonstick properties, and high-temperature resistance. Fluoropolymer coatings are widely used in various industries for their unique properties and applications. Fluoropolymer coatings are applied through various methods, including spray, dip, or electrostatic deposition. The coating thickness can vary depending on the application and desired properties. These coatings typically exhibit excellent adhesion to various substrates, including metals, plastics, and glass. The significant use of fluoropolymer coating in several industrial sectors is the factor that has led the market to develop faster. Due to its numerous benefits, including foam reduction, improved wettability, anti-chipping, dispersion, and UV protection of the coating material, its use has increased across a variety of sectors. Construction sector growth and expanding penetration in the metals, paints, building, and bedding & furniture industries. Additionally, rising demand for bakeries and ready-to-eat meals, as well as changing consumer preferences and an increase in the working population, all contribute to the market's expansion.

However, the growing construction industry has played a pivotal role in supporting the growth of the Fluoropolymer Coatings Market. As the construction sector continues to expand, there is a substantial increase in the demand for high-performance coatings that provide durability, weather resistance, and protection against corrosion for various architectural and structural components. Thus, the growing construction industry is anticipated to create the demand for market. According to Statista, in 2021, the global construction market was valued at USD 7.3 trillion and it is anticipated to reach USD 11.8 trillion by 2027. Additionally, growing shift towards environmentally-friendly products is anticipated to create lucrative opportunities for the market during forecast period. However, the availability of substitute coatings stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Fluoropolymer Coatings Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to presence of key market players, and growing construction market in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising usage of high-performance coatings, growing demand from the growing wind energy sector, and rise in demand in construction sector are anticipated to support the market growth.

Major market players included in this report are:
Kansai Paints Co. Ltd
PPG Industries Inc.
Axalta Coating Systems Ltd.
Walter Wurdack Inc
The Chemours Company
KCC Corporation
The Sherwin-Williams Company
Daikin Industries Ltd
KECO Coatings
HVM Surface Engineering

Recent Developments in the Market:
 In June 2021, PITTSBURGH PPG completed its acquisition with Tikkurila which will help in leveraging the company’s complementary geographic footprint and strengthen the portfolio of decorative brands to drive market growth.

Global Fluoropolymer Coatings Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, End-Use Industry, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Polytetrafluoroethylene (PTFE) Coating
Polyvinylidene Fluoride (PVDF) Coating
Fluoroethylene Propylene (FEP) Coating
Ethylene Tetrafluoro Ethylene (ETFE) Coating
Perfluoroalkoxy Alkanes (PFA) Coating
Others
By End-Use Industry:
Food Processing
Electrical & Electronics
Chemical Processing
Building & Construction
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Companies Mentioned
Kansai Paints Co. Ltd
PPG Industries Inc.
Axalta Coating Systems Ltd.
Walter Wurdack Inc
The Chemours Company
KCC Corporation
The Sherwin-Williams Company
Daikin Industries Ltd
KECO Coatings
HVM Surface Engineering

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.