EMEA Fluorinated Coatings and Additives Market - Forecast(2021 - 2026)
Fluorinated coatings are used in wire and cable insulation for consumer appliances; high reliability hoses in aircraft and cars to reduce emissions; and sterile equipment used in the manufacture of pharmaceuticals, food products, and chemicals. Fluorinated coatings and additives provide enhanced surface properties, such as water, oil and stain resistance, for medical garments, food packaging, apparel, and carpeting. The EMEA Fluorinated coatings and additives market is estimated to grow at a CAGR of 4.4% during the forecast period 2018–2023. Africa is forecast to have the highest CAGR of 6.4%.
EMEA Fluorinated Coatings and Additives Market Outlook
Fluorinated Coatings and Additives have a wide range applications in architectural, transportation, food processing, mining, oil & gas, petrochemicals, and various other sectors. In the EMEA region, fluorinated additives are majorly utilized in the manufacture of automotive and household appliances. The construction material segment is estimated to hold a 28% share in the EMEA fluorinated additives market.
EMEA Fluorinated Coatings and Additives Market Growth Drivers
Increased adoption of fluorinated coatings and additives in the automobile industry is expected to drive the EMEA fluorinated coatings and additives market.
Factors such as ease-of-application, higher utilization rates, and other processing and performance benefits are forecast to increase the demand for fluorinated coatings and additives.
Increase in construction activities in the Middle East is expected to surge the demand for fluorinated coatings and additives.
EMEA Fluorinated Coatings and Additives Market Challenges
Factors such as, stringent environmental regulations with regard to VOC emissions as well as waste disposal, are negatively affecting the market growth.
EMEA Fluorinated Coatings and Additives Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the EMEA Fluorinated coatings and additives market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of EMEA Fluorinated coatings and additives, and their specific applications in different end user industries.
We also publish more than 100 reports every month in "Chemicals and Materials",Go through the Domain if there are any other areas for which you would like to get a market research study.
EMEA Fluorinated Coatings and Additives Market Outlook
Fluorinated Coatings and Additives have a wide range applications in architectural, transportation, food processing, mining, oil & gas, petrochemicals, and various other sectors. In the EMEA region, fluorinated additives are majorly utilized in the manufacture of automotive and household appliances. The construction material segment is estimated to hold a 28% share in the EMEA fluorinated additives market.
EMEA Fluorinated Coatings and Additives Market Growth Drivers
Increased adoption of fluorinated coatings and additives in the automobile industry is expected to drive the EMEA fluorinated coatings and additives market.
Factors such as ease-of-application, higher utilization rates, and other processing and performance benefits are forecast to increase the demand for fluorinated coatings and additives.
Increase in construction activities in the Middle East is expected to surge the demand for fluorinated coatings and additives.
EMEA Fluorinated Coatings and Additives Market Challenges
Factors such as, stringent environmental regulations with regard to VOC emissions as well as waste disposal, are negatively affecting the market growth.
EMEA Fluorinated Coatings and Additives Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the EMEA Fluorinated coatings and additives market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of EMEA Fluorinated coatings and additives, and their specific applications in different end user industries.
We also publish more than 100 reports every month in "Chemicals and Materials",Go through the Domain if there are any other areas for which you would like to get a market research study.
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