New York, NY -- (SBWIRE) -- 02/09/2021 -- The global fluoropolymer films market is forecast to reach USD 2.98 Billion by 2026, according to a new report by Reports and Data. The growing demand for high-quality performance films is one of the major factors contributing to the growth of the market. They serve the application in a number of industries such as electronics, machine, automotive, and semiconductors. The films offer high-performance characteristics, including High chemical resistance, High mechanical strength, High thermal stability, weather & UV resistance, and Outstanding flame resistance. These films are incredibly robust films that guarantee resistance, even in extreme weather and temperature conditions, as well as in the use of chemicals. The films are used as welding films for PTFE & its composites, and as lining films in the chemical industry. They are also used as a separation film from PFA for molding application and the production of seals of high quality.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

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The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Fluoropolymer Films Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market

Further key findings from the report suggest

Among the technologies, the skived films account for the largest market share of ~36% in the year 2018. The skived films are utilized as a protective layer in the interior of tubings and coatings, majorly in the food industry. These films are primarily used as running-bases. The skived PTFE films are also used to manufacture adhesive tapes. These tapes are majorly used for electrical isolation, thermal protection, packaging, circuit board marking, and many other applications.

The cast film technology is forecasted to grow with the highest rate of 6.8% during the forecast period. Cast film products include vacuum bagging, mold release, cementable adhesive coated, heat weldable films, anti-static conductive, and other films. These films are made up of thin layers deposited individually, sintered, and fused together to produce a material with uniform manufacturing properties. They sustain in extreme temperature, weather, and chemical conditions, and are used in highly corrosive applications.

Among the products, the polytetrafluoroethylene (PTFE) films account for the largest market share of ~37% in the year 2018. PTFE film is a fluorinated polymer. The material is soft, easily deformed, semi-crystalline, semi-opaque, and white. The demand for PTFE films can be attributed to the increasing demand for high-performance films in the end-use industries. PTFE films offer remarkable resistance to chemicals in extreme climatic conditions. It possesses a very low coefficient of friction and is stable at elevated temperatures.

The Asia Pacific region held the largest market share of ~29% in the year 2018 and is anticipated to witness the highest CAGR of 6.8% during the forecast period.

Competitive Terrain:

The global Fluoropolymer Films market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Fluoropolymer Films market are listed below:

DAIKIN Industries Ltd, Chemours Company, E. I. Du Pont de Nemours, DUNMORE Corp., Saint-Gobain S.A., Polyflon Technology Limited, The Dow Chemical Company, The 3M Company, Arkema Group, Textiles Coated International (TCI), Evonik Industries, Solvay SA, and Asahi Glass Co., among others.

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Polytetrafluoroethylene (PTFE) films

Perfluoroalkoxy Polymer (PFA) films

Polyvinylidene fluoride (PVDF) films

Others

Technology Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Skived Films

Extruded Films

Cast Films

Others

End-Use Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Electrical & Electronics

Construction

Packaging

Automotive & Aerospace

Healthcare & Pharmaceutical

Others

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Radical Features of the Fluoropolymer Films Market Report:

Valuable insights into the Fluoropolymer Films market to impart an in-depth understanding of the business verticle

An 8-year forecast estimation along with an analysis of key elements of the market

Technological advancements, regulatory framework, and recent developments covered in the report

Growth analysis and projections until 2027

Statistical analysis of the key players operating in the Fluoropolymer Films industry

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Fluoropolymer Films Market Segmentation & Impact Analysis

Chapter 5. Fluoropolymer Films Market, By Type Insights & Trends

Chapter 6. Fluoropolymer Films Market, By Application Insights & Trends

Chapter 7. Fluoropolymer Films Market, By End Use Insights & Trends

Chapter 8. Fluoropolymer Films Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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