Fluoropolymer Coating Market Report - Global Forecast till 2027

Global Fluoropolymer Coating Market: Information by Resin (Polyvinyl Fluoride (PVF), Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Ethylene Tetrafluoroethylene (ETFE), Perfluoroalkoxy Alkanes (PFA),  and Others), by End-Use Industry (Building and Construction, Automotive, Aerospace, Electrical, Food Processing, and Others), Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)—Forecast till 2027

ID: MRFR/CnM/3416-HCR | February 2021 | Region: Global | 143 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The global fluoropolymer coating market is estimated to reach around USD 2,139.7 million in terms of value by 2025, growing with the CAGR of over 6.1% during the forecast period. The fluoropolymer coating is a combination of high-performance resin and fluoropolymer-based lubricants. Fluoropolymer coatings enhance the product durability and life span, for instance, it is applied to the wiring insulation in airplanes to protect wiring from the risk of fire on aircraft. In January 2019, Putnam Plastics Corporation has expanded its medical devices portfolio to employ fluoropolymer coatings in mandrels and wires.


Fluoropolymers coatings are significantly used in the food processing industry; it is applied in trays and mold in the making of candy, bread, and cheese to prevent sticking. Increasing demand for fluoropolymers coatings in food processing industry owing a rise in demand for bakery and ready-to-eat-foods is likely to propel market growth. In addition, shifting customers preferences and rise in the working population has influenced customer eating habits and purchasing trends, favoring the food processing industry, thus fluoropolymers coating market during the forecast period. According to the Food and Agriculture Organization (FAO), by 2050 the world population is likely to reach around 9 billion, income level is estimated to be more than three times than today hence to feed this larger, wealthier, and more urban  population  the food production is estimated to increase by around 70% positively impacting the food processing industry which is projected to drive the fluoropolymer coating market during the forecast period.


Global Fluoropolymer Coating Market Share, by End-use Industry, 2018 (%)


 Flouropolymer Coating


Source: MRFR analysis


Regional Analysis


The global fluoropolymer coating market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.


North America fluoropolymer coating market is expected to be the largest market, significantly growing over a CAGR of 5.0% owing to production expansion and consumption in the region. The US is the leading region in term of volume consumption as it is one of the largest markets for electronics products, aircraft, and automotive.  


Asia-Pacific fluoropolymer coating market is the fastest-growing regional segment in terms of revenue, increasing number of the construction project has influenced the application of fluoropolymer coatings in metals used in roofs. It provides weather ability, durability, and UV-resistance to construction materials, which makes it an ideal application for the construction industry. Thus, the increasing urban population is expected to propel commercial and residential building activities driving the fluoropolymers coatings in the region during the forecast period.  


Europe market is expected to grow at a remarkable pace due to the increasing application of fluoropolymers coatings in the food processing industry and electronic appliances. The Middle East & Africa and Latin America region are growing at a steady rate due to increasing public and private sector investment in the construction industry, which is generating higher demand for fluoropolymers coatings.


Market Segmentation


The global fluoropolymer coating market has been segmented based on resin, end-use industry, and region. Based on resin, the global market has been divided into polyvinyl fluoride (PVF), polytetrafluoroethylene (PTFE), fluorinated ethylene propylene (FEP), ethylene tetrafluoroethylene (ETFE), perfluoroalkoxy alkanes (PFA), and others. The polyvinyl fluoride segment is the leading segment due to a wide application in various end-use industries. End-use industry segment is divided based on building and construction, automotive, aerospace, electrical, food processing, and others. The building and construction segment dominates the global fluoropolymer coating market, with over 20.1% share.


Key Players


Some of the leading players in the global fluoropolymer coating market are Daikin Industries Ltd (Japan), PPG Industries Inc. (US), The Chemours Company (US), KCC Corporation (South Korea), Kansai Paints Co. Ltd (Japan), The Sherwin-Williams Company (US), Walter Wurdack Inc. (US), and Axalta Coating Systems Ltd (US). Prominent industrial players are expanding production capacity to achieve competitive advantage.


Intended Audience



  • Fluoropolymer coating manufacturers

  • Traders and distributors of fluoropolymer coating chemicals

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 2,139.7 million
  CAGR   6.1%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Resin and End-Use Industry
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Daikin Industries Ltd (Japan), PPG Industries Inc. (US), The Chemours Company (US), KCC Corporation (South Korea), Kansai Paints Co. Ltd (Japan), The Sherwin-Williams Company (US), Walter Wurdack Inc. (US), and Axalta Coating Systems Ltd (US)
  Key Market Opportunities   Growing demand for Flouropolymer Coating due to increasing expenditure on product innovation and purchasing power of consumers.
  Key Market Drivers

  • Increasing demand for fluoropolymers coatings in food processing industry.
  • Rising demand for industrial machinery protection


  • Frequently Asked Questions (FAQ) :


    The expected valuation would be USD 2,139.7 million by 2025.

    The food processing industry would impact substantially.

    North America would dominate the global platform.

    The Asia Pacific would join as the fastest-growing fluoropolymer coating market.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Supply Chain Analysis

    4.1.1 Raw Material Suppliers

    4.1.2 Manufacturers/Producers

    4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

    4.1.4 End-Use

    4.2 Porter’s Five Forces Analysis

    4.2.1 Threat of New Entrants

    4.2.2 Bargaining Power of Buyers

    4.2.3 Bargaining Power of Suppliers

    4.2.4 Threat of Substitutes

    4.2.5 Intensity of Competitive Rivalry

    4.3 Market Price Analysis 2020-2027

    5 Industry Overview of the Global Fluoropolymer Coating Market

    5.1 Introduction

    5.2 Drivers

    5.3 Restraints

    5.4 Opportunities

    5.5 Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7. Global Fluoropolymer Coating Market, by Resin

    7.1 Introduction

    7.2 Polyvinyl Fluoride (PVF)

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast, by Region, 2020-2027

    7.3 Polytetrafluoroethylene (PTFE)

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast, by Region, 2020-2027

    7.4 Fluorinated Ethylene Propylene (FEP)

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast, by Region, 2020-2027

    7.5 Ethylene Tetrafluoroethylene (ETFE)

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.5.2 Market Estimates & Forecast, by Region, 2020-2027

    7.6 Perfluoroalkoxy Alkanes (PFA)

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.6.2 Market Estimates & Forecast, by Region, 2020-2027

    7.6 Others

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.6.2 Market Estimates & Forecast, by Region, 2020-2027

    8. Global Fluoropolymer Coating Market, by End-Use Industry

    8.1 Introduction

    8.2 Building and Construction

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast, by Region, 2020-2027

    8.3 Automotive

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast, by Region, 2020-2027

    8.4 Aerospace

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast, by Region, 2020-2027

    8.5 Electrical

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast, by Region, 2020-2027

    8.6 Food Processing

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast, by Region, 2020-2027

    8.7 Others

    8.7.1 Market Estimates & Forecast, 2020-2027

    8.7.2 Market Estimates & Forecast, by Region, 2020-2027

    9. Global Fluoropolymer Coating Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Resin, 2020-2027

    9.2.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.2.5 US

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.2.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.2.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.5 Germany

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.6. France

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.7 Italy

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.7.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.8 Spain

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.8.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.9 UK

    9.3.9.1 Market Estimates & Forecast, 2020-2027

    9.3.9.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.9.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020-2027

    9.3.9.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.9.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.11 Netherlands

    9.3.11.1 Market Estimates & Forecast, 2020-2027

    9.3.11.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.11.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.3.12 Rest of Europe

    9.3.12.1 Market Estimates & Forecast, 2020-2027

    9.3.12.2 Market Estimates & Forecast by Resin, 2020-2027

    9.3.12.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.5 China

    9.4.5.1 Market Estimates & Forecast, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.6 India

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.7 Japan

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.7.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.8 Thailand

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.8.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.9 Malaysia

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.9.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.9 Vietnam

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.9.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.4.11 Rest of Asia-Pacific

    9.4.11.1 Market Estimates & Forecast, 2020-2027

    9.4.11.2 Market Estimates & Forecast by Resin, 2020-2027

    9.4.11.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.5.5 Saudi Arabia

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.5.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.5.6 UAE

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.5.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.5.7 Africa

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Resin, 2020-2027

    9.5.7.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.5.8 Rest of the Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Resin, 2020-2027

    9.5.8.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.6.5 Brazil

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Resin, 2020-2027

    9.6.5.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.6.6 Argentina

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Resin, 2020-2027

    9.6.6.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.6.7 Mexico

    9.6.7.1 Market Estimates & Forecast, 2020-2027

    9.6.7.2 Market Estimates & Forecast by Resin, 2020-2027

    9.6.7.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    9.6.8 Rest of Latin America

    9.6.8.1 Market Estimates & Forecast, 2020-2027

    9.6.8.2 Market Estimates & Forecast by Resin, 2020-2027

    9.6.8.3 Market Estimates & Forecast by End-Use Industry, 2020-2027

    10. Competitive Landscape

    10.1 Introduction

    10.2 Market Key Strategies

    10.3 Key Development Analysis

    (Expansions/Mergers & Acquisitions/Joint Ventures/New

    Developments/Agreements/Investments)

    11. Company Profiles

    11.1 Daikin Industries Ltd

    11.1.1 Company Overview

    11.1.2 Financial Updates

    11.1.3 Product/Business Segment Overview

    11.1.4 Key Developments

    11.1.5 SWOT Analysis

    11.1.6 Key Strategies

    11.2 PPG Industries Inc.

    11.2.1 Company Overview

    11.2.2 Financial Updates

    11.2.3 Product/Business Segment Overview

    11.2.4 Key Developments

    11.2.5 SWOT Analysis

    11.2.6 Key Strategies

    11.3 The Chemours Company

    11.3.1 Company Overview

    11.3.2 Financial Updates

    11.3.3 Product/Business Segment Overview

    11.3.4 Key Developments

    11.3.5 SWOT Analysis

    11.3.6 Key Strategies

    11.4 KCC Corporation

    11.4.1 Company Overview

    11.4.2 Financial Updates

    11.4.3 Product/Business Segment Overview

    11.4.4 Key Developments

    11.4.5 SWOT Analysis

    10.4.6 Key Strategies

    11.5 Kansai Paints Co. Ltd

    11.5.1 Company Overview

    11.5.2 Financial Updates

    11.5.3 Product/Business Segment Overview

    11.5.4 Key Developments

    11.5.5 SWOT Analysis

    11.5.6 Key Strategies

    11.6 The Sherwin-Williams Company

    11.6.1 Company Overview

    11.6.2 Financial Updates

    11.6.3 Product/Business Segment Overview

    11.6.4 Key Developments

    11.6.5 SWOT Analysis

    11.6.6 Key Strategies

    11.7 Walter Wurdack Inc.

    11.7.1 Company Overview

    11.7.2 Financial Updates

    11.7.3 Product/Business Segment Overview

    11.7.4 Key Developments

    11.7.5 SWOT Analysis

    11.7.6 Key Strategies

    11.8 Axalta Coating Systems Ltd

    11.8.1 Company Overview

    11.8.2 Financial Updates

    11.8.3 Product/Business Segment Overview

    11.8.4 Key Developments

    11.8.5 SWOT Analysis

    11.8.6 Key Strategies

    11.9 Whitford Corporation

    11.9.1 Company Overview

    11.9.2 Financial Updates

    11.9.3 Product/Business Segment Overview

    11.9.4 Key Developments

    11.9.5 SWOT Analysis

    11.9.6 Key Strategies

    11.10 Praxair Surface Technologies Inc.

    11.10.1 Company Overview

    11.10.2 Financial Updates

    11.10.3 Product/Business Segment Overview

    11.10.4 Key Developments

    11.10.5 SWOT Analysis

    11.10.6 Key Strategies

    12. Conclusion

    LIST OF TABLES

    Table 1 Global Fluoropolymer Coating Market, by Region, 2020-2027

    Table 2 North America: Fluoropolymer Coating Market, by Country, 2020-2027

    Table 3 Europe: Fluoropolymer Coating Market, by Country, 2020-2027

    Table 4 Asia-Pacific: Fluoropolymer Coating Market, by Country, 2020-2027

    Table 5 Middle East & Africa: Fluoropolymer Coating Market, by Country, 2020-2027

    Table 6 Latin America: Fluoropolymer Coating Market, by Country, 2020-2027

    Table 7 Fluoropolymer Coating Resin Market, by Region, 2020-2027

    Table 8 North America: Fluoropolymer Coating Resin Market, by Country, 2020-2027

    Table 9 Europe: Fluoropolymer Coating Resin Market, by Country, 2020-2027

    Table 10 Asia-Pacific: Fluoropolymer Coating Product Market, by Country, 2020-2027

    Table 11 Middle East & Africa: Fluoropolymer Coating Resin Market, by Country, 2020-2027

    Table 12 Latin America: Fluoropolymer Coating Resin Market, by Country, 2020-2027

    Table 13 Fluoropolymer Coating End-Use Industry Market, by Region, 2020-2027

    Table 14 North America: Fluoropolymer Coating End-Use Industry Market, by Country, 2020-2027

    Table 15 Europe: Fluoropolymer Coating End-Use Industry Market, by Country, 2020-2027

    Table 16 Asia-Pacific: Fluoropolymer Coating End-Use Industry Market, by Country, 2020-2027

    Table 17 Middle East & Africa: Fluoropolymer Coating End-Use Industry Market, by Country, 2020-2027

    Table 18 Latin America: Fluoropolymer Coating End-Use Industry Market, by Country, 2020-2027



    LIST OF FIGURES

    FIGURE 1 Fluoropolymer Coating Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Fluoropolymer Coating Market

    FIGURE 4 Supply Chain of Fluoropolymer Coating Market

    FIGURE 5 Share of Fluoropolymer Coating Market, by Country, 2020 (%)

    FIGURE 6 Global Fluoropolymer Coating Market, 2020-2027

    FIGURE 7 Sub Segments of Resin

    FIGURE 8 Fluoropolymer Coating Market size, by Resin, 2020 (%)

    FIGURE 9 Share of Fluoropolymer Coating Market, by Resin, 2020-2027

    FIGURE 10 Sub Segments of End-Use Industry

    FIGURE 11 Fluoropolymer Coating Market size, by End-Use Industry, 2020 (%)

    FIGURE 12 Share of Fluoropolymer Coating Market, by End-Use Industry, 2020-2027

    FIGURE 13 Sub Segments of End-Use Industry

    FIGURE 14 Fluoropolymer Coating Market size, by End-Use Industry, 2020 (%)

    FIGURE 15 Share of Fluoropolymer Coating Market, by End-Use Industry, 2020-2027