Fluoropolymers are specialized polymeric materials witnessing strong market growth. This growth is driven by the end-user markets where fluoropolymers are extensively used owing to their unique properties and superior performance characteristics. Fluoropolymers possess excellent properties, such as superior electrical insulation, advanced chemical, and thermal resistance in demanding environments, good weathering properties, enhanced purity, high resistance to solvents, acids and bases, low coefficient of friction, etc. These superior properties make them suitable for use in a wide range of applications in industries, such as automotive, electronics, chemical processing, houseware, medical, etc. As per Reportlinker, North America is the most dominant market for fluoropolymers owing to significant demand from the U.S. and the growing wire and cable market where fluoropolymers are used as jacketing material and primary insulation material. Fluoropolymers are also used in fiber optic cables. FEP and PVDF are the fastest growing product types in these applications. PVDF is increasingly being used in North America for applications in lithium-ion batteries, architectural coating applications, and as a jacketing material in fiber optic cables. The growing chemical processing, cookware, bakeware, and medical market are also expected to help the North American fluoropolymers market. Asia-Pacific is expected to be the fastest growing market for fluoropolymers where growth is driven by the key countries such as China, Japan, and India.
10-Jan-14 
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