Fluoropolymer Additives Market (By Product: Fluorinated Ethylene Propylene Micropowders, Polytetrafluoroethylene Micropowders , Perfluoroalkoxy Micropowders; By Application: Coatings, Printing Inks, Lubricants & Grease, Elastomers & Thermoplastics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Category : Chemicals and Materials | Published at : April-2019 | Delivery Format : PDF | Status: Published | Pages : 190


Fluoropolymer additives are widely used when printing inks require additives that provide superior surface protection, defoaming, weathering and high pigment stabilization. The global market size of printing inks over the projected timeframe is about to exceed USD 20 billion. Increased demand in the packaging industry for flexible packaging and technological innovations is likely to accelerate demand for printed inks. The stripping and pressing inks with the FEP and PTFE fluoropolymers are formulated as the substrate from the resins. Limiting the use of inks for marking substrates is that they must withstand high curing temperatures.

However, fluoropolymer additives suffer large price fluctuations, creating a supply & demand imbalance that may, in turn, hinder market prices. Including increased cost of raw materials and R&D activities to develop innovative products for different industries is responsible for increasing the price of high-performance fluoropolymers.

The report provides analysis of global Fluoropolymer Additives market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Fluoropolymer Additives market is expected to grow at noteworthy CAGR around 5.4 % throughout the forecast period and reach around US$ 2 billion by 2026.

Market Dynamics

As a result of its excellent weather conditions, increasing demand for coatings is expected to drive fluoropolymer additives to the market size and increases the time between the coats, thereby increasing the outer layer life cycle. The industry is likely to grow with growing investments in architectonic development together with increasing urbanisation. The global construction & building market accounted for more than USD 8 billion by 2018, indicating significant growth opportunities in & architectural coatings and infrastructure development for the fluoropolymers market.

Industry Insights

In 2018, the UK PTFE market for lubricant & grate market additive fluoropolymers was estimated at over USD 2.5 million. These products offer enhanced lubrication performance, maximized surface spaces and low synthetic solid friction coefficients. Increasing car manufacturing and an increasing inclination of manufacturers to create mixing plants together with research and development centers in eastern Europe might further improve requirements for lubricants to optimize market growth.

China PFA's coating market for Fluoropolymers additives is expected to see an increase of over 5.4 per cent in terms of their exceptional resistance to corrosion and abrasion. PFA coats offer chemical resistance and efficient non-stick characteristics. These products have high impact resistance at high temperatures, ensuring that end products last long. The growth of the industry should accelerate increased infrastructure investments and the booming construction and construction sector.

The U.S. market demand for fluorinated ethylene propylene (FEPs) additives is expected to record increases of approximately 6.5% by 2026. Due to their high electrical properties, chemical inertness and reductions in emission of carbon dioxide contribute to protecting the environment, these products are used in industrial machines, machinery and the automotive industry. Increasing demand for processed melting plastics in several end-use industries will boost the regional growth of fluorinated ethylene propylene.

PTFE fluoropolymers can expect consumption at over 70 kilo tons by 2026 for market size ink printing additives. These fluoropolymers improve the adherence and rub performance of the ink. These products offer superior protection for the surface, moisture and pigment stability. The market will be further boosted by increased technology innovations and increasing demand for inks from several industries.

Polytetrafluoroethylene is applied in several industrial applications such as the automotive, consumer electronics and semiconductor industries, in order to achieve superior thermal stability. An increasing demand for high-performance polymers is likely to boost fluoropolymer market demand in the industrial, transport and electronic industries. In addition, rapid automotive industry expansion and increased demand for lightweight vehicles will further boost market growth.

Product Outlook

Fluoropolymer additives (PFAs) may be significantly improved by approximately 5.4% up to 2026 and market size may increase. It has broad application uses with respect to its light weight and enhanced efficiency in thermoplastics and elastomers. They are able to be melted and reshaped several times to make them ideal for cars, aerospace and other equipment. The increased demand for R&D and for high-performance elastomers should fuel the demand for products.

Polytetrafluoroethylene (PTFE), fluoropolymer additives, may exceed USD 370 million in 2026, due to the increasingly high demand for weather resistant and protective materials for external building parts, in infrastructure development. They offer superior corrosion and electric resistance that improve the outer lifespan of the coatings. PTFE coatings provide high temperature resistance, poor maintenance and a failure to respond to multiple solvents and acids.

In PTFE fluoropolymer additives, the market size of lubricants and grains may increase more than 6.4% by 2026, when used as a friction modifier added into the lubrication oils. When added to lubricants, these products reduce friction, increase loads and improve extreme pressure performance. The majority of car manufacturers use fluoropolymers that have superior performance, as they offer heat resistance, chemical substances and corrosion resistance. Furthermore, PTFE-based grafts have lower friction, longer use duration, and broad operating temperature range.

Regional Stance

Because of the increased demand for printing inks in the region, North America, powered by Canada, Mexico, and the United States, is expected to exceed USD 800 million by 2025. For PTFE fluoropolymer wire applications, most companies offer a wide range of high viscosity marking tins, creating ways for the printing tint industry and thereby increasing market dimensions.

In the predicted timeframe, Europe's market demand of fluoropolymer additives led by Germany, the UK, France and Italy may anticipate growth of almost 5.4 %. Increasing demand for light thermoplastics for their superior properties such as electrical anti-friction and climate stability in the automotive industry will stimulate growth in the regional market. Substituting metal components with thermoplastics improves efficiency significantly and minimizes fuel costs. The demand for fluoropolymer additives in the industry should be increased by environmental concerns with regard to carbon emissions and increased consumer awareness on thermoplastics.

Asia Pacific, which is led by China, India and Japan, may have significant growth by 6.4% by the end of 2026. Fluoropolymer additives are expected to grow. In the region the demand for residential and commercial buildings, which has boosted the lacquer industry, has been increasing significantly. They are used for the durability, weather resistance and economic feasibility of infrastructure coatings.

Market Segmentation

Global Fluoropolymer Additives Market, By Product

  • Fluorinated Ethylene Propylene Micropowders
  • Polytetrafluoroethylene Micropowders
  • Perfluoroalkoxy Micropowders

Global Fluoropolymer Additives Market, By Application

  • Coatings, Printing Inks
  • Lubricants & Grease
  • Elastomers & Thermoplastics

Global Fluoropolymer Additives Market, By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

The market research study on “Fluoropolymer Additives Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Fluoropolymer Additives market segments with market dynamics and their impact. The report also covers basic technology development policies.

Key Players & Strategies

A variety of market players such as Solvay, 3M, Micro Powders, Daikin Industries, Asahi Glass, Maflon SpA and Shamrock Technologies are consolidating their global fluoropolymer additives market share. Manufacturers focus on new innovative products for the purpose of expanding their line of products and involving new customers. In addition, most industry participants expand their regional reach and concentrate on acquisitions to increase their strategic business line.

Fluoropolymer additives are used in most of its superior properties, including lubricants & greases, coatings, inks and thermoplastics. Most fluoroadditive powders are primarily intended for use with other liquid or solid materials in mixture components. They are intended to improve the resistance to corrosion, abrasion, reduce surface pollution, adjust appearances and reduce frictional coefficient and mechanical wear.

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