Fluoropolymer Films Market information: by Type (PTFE, PVDF, FEP, PFA, ETFE and PCTFE), Application (electrical & electronics, construction, automotive, aerospace and others), Region - Forecast till 2030

Fluoropolymer Films Market Overview

Fluoropolymer Films Market is expected to surpass the market value of over USD 3.3 billion by the year 2030 while registering a CAGR of 5.1% during the forecast 2021-2030.

Fluoropolymer films are utilized as the base materials for several manufacturing industries. The potential characteristics of the fluoropolymer films such as optical transparency, UV and harsh climatic protection, durability, reliability, and other unique characteristics propel the manufacturers to invest in the fluoropolymer market share. They are reliable and affordable as well, they also possess dielectric characteristics and therefore they are used in the automotive industries for the production of significant components. As these films are made of carbon and fluorine, they can be used in higher temperatures without affecting the machines. 

 COVID 19 Analysis:

Several industries were affected due to COVID 19 and the operations were reduced due to the stringent regulations and norms imposed by the government. The potential end-users such as construction, pharmaceutical, automotive, electronics, and several others have been facing distress due to the pandemic. Although there are several potential benefits of utilizing the fluoropolymer films, the disruption at the production facilities, supply chain, and other issues have restricted the growth of the Fluoropolymer films industry. 

 Market dynamics:

 Market drivers:

The increasing demand for Fluoropolymer films in the medical and pharmaceutical industries to produce cap liners, stoppers, surface protectors, plungers, and other laminates and prosthetics across the globe is considered as the major market driver of fluoropolymer market growth. Especially the rising medical emergencies and medical demands and the demand for purified medical products are projecting the overall growth of the fluoropolymer industry in recent times. Moreover, this type of plastic is completely recyclable and doesn’t affect the ecosystem balance. Therefore there are no regulations against the utilization of fluoropolymers in manufacturing industries.

The potential characteristics of the fluoropolymer films such as excellent resistance to heat, harsh climatic conditions, corrosion, UV, and other chemical resistance, make the manufacturers utilize them for varied applications in every end-user industry. 

Market opportunities:

The increasing growth of the potential end-users and the growing economic condition of the countries which are considered as the manufacturing hubs are expected to boost the overall growth of the fluoropolymer films industry. For instance, China is considered as the leading manufacturer of electronics, automotive and is also considered as the leading producer of fluoropolymer films. Moreover, China has been adopting fluoropolymer films for the production of solar panels and semiconductors as well. The favorable economic condition and the utilization of advanced technologies by the region are expected to boost the overall growth of the fluoropolymer films industry. 

The intensive utilization of the fluoropolymer films in the production intensive and higher demand end-users industries such as construction and energy production sectors are expected to augment the overall growth of the fluoropolymer films industry. The construction industries are intensively utilizing fluoropolymer films as they are capable of resisting corrosion and harsh weather conditions. They are also utilized in constructing greenhouses. The emergence of energy-conserving houses across the developed countries is expected to boost the overall growth of the fluoropolymer films industry during the forecast period.

Market restraints:

The precise processing of the Fluoropolymer films are considered as the crucial part of the manufacturing processes and the thickness should be précised where the thickness must be between 0.001-0.3 mm. the alteration in the thickness in varied applications is very minimally tolerated as it affects the strength and performance of the films. Therefore the variation in the films might lead to wastage and be considered as the major restraint for the Fluoropolymer films market growth.

The raw materials used for the manufacturing of varied types of fluoropolymer films such as PTFE, PVDF, ETFE, and so on are expensive and the technologies developed specifically for manufacturing these are complex and capital intensive which is impossible to reach for small companies and emerging markets players and this factor is considered as the major restraint of fluoropolymer films market growth.

Market challenges:

The involvement of crude oil in the production of fluoropolymer films and the fluctuation in the prices of crude oil across the globe is considered as the major challenge for the overall growth of the Fluoropolymer films industry. 

The processing and the manufacturing of the fluoropolymer films are extremely complex and incur several stages of chemical fusions. The several stages and processes add up the manufacturing costs and thereby increase the overall manufacturing costs of the Fluoropolymer films. Such factors are considered as the major challenge for the overall growth of the Fluoropolymer films industry.

Cumulative growth analysis:

The market value of the Fluoropolymer industry was at USD 2.2 billion in the year 2020 and it is expected to surpass the market value of over USD 3.3 billion by the year 2028 while registering a CAGR of 5.1% during the forecast period. The market value is expected to have this growth due to the wide range of applications and wide range of end-user industries such as packaging, aerospace, automotive, electronics, and significant others. The Fluoropolymer films possess favorable characteristics such as higher precipitation capacity and they are used as raw materials in building semiconductors, automotive parts, machinery, and electronic parts. The increasing demand for these products across the globe is considered the major driver of fluoropolymer films market growth.

 They are also utilized in the production of solar PV modules, the increasing awareness regarding energy conservation, and the growing demand for energy generation from renewable resources across the developed and developing countries are considered as the major drivers of fluoropolymer market growth.

Value chain analysis:

The potential characteristics of the Fluoropolymer films which include affordability, dielectric properties, and higher reliability, and their utilization as heat sealants, laminations, thermoforming, welding of varied materials are propelling various end-users to utilize the fluoropolymer films. The Fluoropolymer films are gaining a new phase in their development with the growth of the construction industry, and architectural properties. The advancements and the increasing investments in those industries are presenting lucrative opportunities for the overall growth of the fluoropolymer industry. 

Among several end-user industries, they are primarily utilized as a coating material of the textural architecture and in translucent ETFE film constructions. Since the construction industry is preferring the ETFE over glasses as they offer higher resistance against several harsh environments and they are lighter than other building materials as well.

Segment overview:

Based on Types:

• PTFE 


• PVDF 


• ETFE 


• Others 

Based on Application:

• Barrier Films


• Decorative


• Microporous


• Safety and Security films


• Others

Based on End-user Industry:

• Automotive


• Construction


• Electrical and Electronics


• Packaging


• Personal Care


• Others

Global Fluoropolymer films market share, by type (%)

Source: MRFR analysis

Regional analysis:

Among other potential regions, the Asia-pacific region is dominating the fluoropolymer films market share due to the intensive opportunities in varied end-user industries. The overall development of the manufacturing industries, including electronics, aerospace, automotive, medical, pharmaceutical, and significant others are presenting lucrative opportunities for the overall growth of the fluoropolymer films industry. Especially China is considered as one of the largest producers of Fluoropolymer films and possesses huge manufacturing verticals and sectors including automotive and machinery. China is leading in manufacturing electronics as well. They have also increased their investment to develop the infrastructure and in the construction industry. Such factors have propelled the fluoropolymer films market growth across China.

On the other hand, North America due to the increasing infrastructural development and the increasing private and public sectors is presenting a favorable environment for the growth of the Fluoropolymer industry.

Competitive landscape:

• The Chemours Company (US)


• Saint-Gobain (France)


• 3M (US)


• Nitto Denko (Japan)


• Daikin (Japan)


• Honeywell International (US)


• DUNMORE (US)


• Guarniflon (Italy)


• AGC Chemicals (Japan)


• Textiles Coated International (US)


• Rogers Corporation (US)

 Recent developments:

In recent times, one of the leading companies, Daikin Chemical industry had announced their subsidiary in Thailand to establish their brand and increase the overall sales. The sales of the automotive products manufactured with the Fluoropolymer and fluoroelastomers is the primary goal of the company and their expansion has efficiently achieved the goal in Southeast Asia.

Recently, one of the leading market players, Dunmore had introduced advanced adhesion-promoting technologies that have significantly increased the efficiency of the fluoropolymer films in harsh environments as well. This was considered the major revolution in the fluoropolymer films industry.

 Report overview:

 This report has covered:

• Market overview


• COVID 19 Analysis


• Market dynamics


• Cumulative growth analysis


• Value chain analysis


• Segment overview


• Regional analysis


• Competitive landscape


• Recent developments

 Segmentation Table:

Based on Types:

• PTFE 


• PVDF 


• ETFE 


• Others 

Based on Application:

• Barrier Films


• Decorative


• Microporous


• Safety and Security films


• Others

Based on End-user Industry:

• Automotive


• Construction


• Electrical and Electronics


• Packaging


• Personal Care


• Others