Navi Mumbai, Maharashtra India (PressExposure) July 09, 2007 -- Bharat Book Bureau, a leading market information distributor has put forth a report 'Fluoropolymers forecasts for 2011 & 2016' ([http://www.bharatbook.com/detail.asp?id=46974]) As emerging design trends increasingly require superior performance characteristics, fluoropolymers will continue to replace other materials in demanding applications that justify their generally higher costs. Gains will also be driven by improved market trends in key fluoropolymer applications such as wire and cable, motor vehicles and architectural coatings. However, value gains will be limited by heightened competition from low-cost foreign imports, especially commodity polytetrafluoroethylene (PTFE) resins from Russia and China.
PVDF resins to pace growth among fluoropolymer types
Among major fluoropolymer types, fastest growth is expected for polyvinylidene fluoride (PVDF) resins, as a strong nonresidential construction outlook will boost demand for PVDF- ased architectural coatings. Gains in demand for fluorinated ethylene propylene (FEP) will be driven by an improved market for wire and cable products, where FEP is used as a jacketing and insulation material. Demand for fluoroelastomers will benefit from an improvement in motor vehicle output and a resurgent aerospace market. However, gains for PTFE, the largest volume fluoropolymer in 2006, will expand at a below-average pace, limited by market maturity in outlets such as nonstick coatings and industrial components. The most rapid gains for fluoropolymers will be found in smaller-volume resins, which include a number of high value products used in fast-growing applications. For example, a strong semiconductor market will bolster demand for perfluoroalkoxy (PFA) polymers, which are used in microelectronics processing equipment. Double-digit growth in solar energy products will fuel gains for polyvinyl fluoride (PVF) films used in the production of photovoltaic modules. Also, demand for perfluorosulfonic acid polymers (such as DuPontâs NAFION) will be driven by the rapid rise in fuel cell shipments.
Fastest growth in electrical/ electronic products market
Electrical and electronic products will be the largest and fastest growing market for fluoropolymers through 2011, accounting for 37 percent of total demand by value. Gains will be driven by a robust turnaround in the wire and cable market, continued increases in semiconductor shipments and doubledigit growth in fuel cell spending. Transportation equipment applications will benefit from increasing motor vehicle production, although cost-cutting measures by automotive producers will restrain demand for costly fluoropolymer resins. Industrial equipment markets for fluoropolymers will advance at the slowest pace, due in part to weakness in the chemical processing industry.