The global fluoropolymer films market size is expected to reach USD 2.74 billion by 2030, registering a CAGR of 12.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.
Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities.
In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.
The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries, especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.
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The barrier films segment dominated the market and accounted for the largest revenue share of 45.2% in 2023.
The automotive segment dominated the market and accounted for the largest revenue share in 2023.
The fluoropolymer films market in the U.S. experienced significant growth in 2023. The country is at the forefront of electronics and semiconductor technology. Continuous economic development and increasing capital spending in the country is anticipated to boost demand for fluoropolymer films over the forecast period.
Grand View Research has segmented the global fluoropolymer films market based on application, end use, and region:
Fluoropolymer Films Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Barrier Films
Release Films
Microporous Films
Security Films
Fluoropolymer Films End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Automotive
Construction
Aerospace & Defence
Packaging
Industrial
Electrical & Electronics
Others
Fluoropolymer Films Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Russia
Denmark
Sweden
Norway
Asia Pacific
China
India
Japan
South Korea
Thailand
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
List Of Key Players Fluoropolymer Films Market
3M
DAIKIN INDUSTRIES, Ltd.
The Chemours Company
Saint-Gobain
Solvay
DuPont
NOWOFOL
Guarniflon India PVT., LTD.
PolymerFilms
Asahi Kasei Corporation
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