Fluoropolymers Market Valuation Of USD 11.11 Billion By 2022 : Grand View Research Inc.
San Francisco, 27 March 2019: The Report Fluoropolymers Market Analysis By Product (PTFE, PVDF, FEP, Fluoroelastomers), By Application (Automotive, Electrical & Electronics, Construction, Industrial Equipment), And Segment Forecasts To 2022 Global Fluoropolymers Market size is expected to reach USD 11.11 billion by 2022, according to a new report by Grand View Research, Inc. High tensile strength and excellent insulation properties have driven fluoropolymer penetration in electronics, automotive and construction applications. Positive outlook on these end-use industries is expected to be one of the primary growth factors over the forecast period. Increasing government spending on infrastructure in China, India and the Middle East is expected to drive architectural coatings demand. Fluoropolymer coatings exhibit protection against corrosion & chemicals and high temperature tolerance, which makes them useful for architectural applications. In addition, these coatings