Application (Food Processing, Automotive, Electrical & Electronics, Chemical Processing, Building & Construction)
The building & construction segment in the fluoropolymer coating market is set to witness the largest revenue share of 35% by the end of 2037. The growth of this segment is due to increasing urbanization. Economic expansion has led to an increase in skyscraper development in many large and medium-sized cities. Lower mortgage rates and a shift in housing preference towards larger apartments have increased demand for new construction and home renovations in all developing regions. The World Bank estimates that by 2045, an additional 6 billion people will live in cities around the world.
Type [Polyvinylidene Fluorine (PVDF), Polytetrafluoroethylene (PTFE), Ethylene Tetrafluoroethylene (ETFE), Fluorinated Ethylene Propylene (FEP)]
Fluoropolymer coating market from the polyvinylidene fluoride segment is poised to observe a noteworthy revenue in the predicted period. Polyvinylidene fluoride (PVDF) is a semi-crystalline thermoplastic fluoropolymer used primarily in applications requiring high purity and resistance to solvents, acids, and hydrocarbons. Moreover, the adoption rate of renewable PVDF is high, which is expected to drive the growth of the segment in the market. PVDF is used in the chemical, architectural coatings, electronics, and aerospace industries
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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