Opportunities in the World High Performance Fluoropolymers Market to 2025 - North America Dominates the Global Market
Retrieved on:
Thursday, March 11, 2021
The global market size of HPFs was USD 3,300.9 million in 2019 and is projected to reach USD 4,272.7 million by 2025, at a CAGR of 7.0% between 2020 and 2025.
Key Points:
- The global market size of HPFs was USD 3,300.9 million in 2019 and is projected to reach USD 4,272.7 million by 2025, at a CAGR of 7.0% between 2020 and 2025.
- There is an increase in the use of dispersion and fine powder PTFE, for various applications, especially in North America and APAC.
- In 2019, North America accounted for the largest share in the global HPF market.
- Presence of full-fledged end-use industries is the major demand driver for HPF in North America.