Performance Fluorine Chemicals & Polymers Market Share

North America Market Statistics

Regionally, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is expected to dominate majority revenue share by 2036, on the back of increasing manufacturing of hybrid vehicles in the U.S. Moreover, increasing demand for consumer electronics is estimated to boost the market growth in the region.

APAC Market Analysis

The market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period owing to the growing consumer electronic manufacturing industry. Japan is the largest producer of smartphones, as the smartphone industry has crossed 100 million units in the country. Additionally, growing chemical industry in the region, backed by easy availability of raw materials is expected to boost the market growth.