Market Overview:
The global automotive fluoropolymers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and fuel-efficient vehicles, rising awareness about environmental concerns, and technological advancements in the automotive industry. PTFE dominates the global automotive fluoropolymers market due to its superior properties such as chemical resistance, thermal stability, low friction coefficient, and non-stickiness. In terms of application, OEMs account for a major share of the global automotive fluoropolymers market followed by aftermarket applications.
Product Definition:
Automotive fluoropolymers are a category of synthetic polymers that contain fluorine atoms. They are used in the automotive industry to make products such as car parts, tires, and hoses. Fluoropolymers have many desirable properties, including high strength, low weight, resistance to corrosion and heat, and electrical insulation. This makes them ideal for use in automotive applications where these characteristics are important.
Polytetrafluoroethylene (PTFE):
It has excellent resistance to chemicals, high temperature, and abrasion. PTFE films are used in various applications including gaskets for automotive interiors and exteriors as well as sealing washers on fuel caps.
The global automotive fluoropolymers market size was estimated at USD 1.91 billion in 2016.
Ethylene Tetrafluoroethylene (ETFE):
ETFE is a non-fluorine based polymer used in automotive and industrial applications. Fluoropolymers are extensively used to produce high performance fluorinated ethylene propylene (FEP) and fluorspar by the chemical process of polymerization. Fluoropolymer compounds have wide usage scope in aerospace, electrical & electronics, construction, marine industries as well.
Application Insights:
OEMs dominated the global automotive fluoropolymers market in terms of revenue share in 2017. Fluoropolymers are used as a replacement for polypropylene and other similar plastics due to their superior properties such as high temperature resistance, chemical inertness, and good electrical conductivity. These plastics are also used to manufacture hoses, seals, gaskets & valve bodies that require high durability over the life of the product. The growing importance of lightweight materials has led OEMs to use carbon fiber reinforced plastic composites for vehicle body structures owing to their ability provide higher strength with reduced weight compared to conventional steel and aluminum alloys.
The aftermarket segment is expected witness significant growth over the forecast period on account of rising demand for replacement parts across various applications including powertrain & transmission components and body panels among others.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for automobiles on account of rising disposable income, changing lifestyle, and increasing population. China is one of the major markets in this region owing to low production cost coupled with easy availability of raw materials such as PTFE.
The automotive industry in Europe was valued at USD X billion in 2016 and it is anticipated to grow at a rate of 6% from 2017 to 2019 due to increasing R&D activities by various companies along with favorable government policies regarding electric vehicles (EVs). In addition, stringent emission norms implemented by governments across European countries are expected favorably impact market growth over the next eight years.
North America emerged as second-largest regional market accounting for 20%of total volume share in 2017 owing to high demand from U.S., which accounted for 80%of total sales that year followed by Mexico which accounts for 20%.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising automotive production in developing countries
- Growing popularity of fluoropolymers in electric vehicles
- Proliferation of advanced materials and engineering technologies
- Stringent environmental regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Fluoropolymers Market Research Report
By Type
Polytetrafluoroethylene (PTFE), Ethylene Tetrafluoroethylene (ETFE), Fluorinated Ethylene Propylene (FEP), Fluoroelastomer (FKM), Others
By Application
OEMs, Aftermarket
By Companies
Chemours, Solvay, Daikin, Halopolymer, OJSC, Zhonghao Chenguang, Shandong Huaxia Shenzhou, 3M, AGC, Shanghai 3F, Shin-Etsu, Chemours
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Fluoropolymers Market Report Segments:
The global Automotive Fluoropolymers market is segmented on the basis of:
Types
Polytetrafluoroethylene (PTFE), Ethylene Tetrafluoroethylene (ETFE), Fluorinated Ethylene Propylene (FEP), Fluoroelastomer (FKM), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chemours
- Solvay
- Daikin
- Halopolymer, OJSC
- Zhonghao Chenguang
- Shandong Huaxia Shenzhou
- 3M
- AGC
- Shanghai 3F
- Shin-Etsu
- Chemours
Highlights of The Automotive Fluoropolymers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polytetrafluoroethylene (PTFE)
- Ethylene Tetrafluoroethylene (ETFE)
- Fluorinated Ethylene Propylene (FEP)
- Fluoroelastomer (FKM)
- Others
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Fluoropolymers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Fluoropolymers are a type of polymer that is used in the manufacturing of automotive parts and components. These polymers are made up of small, repeating units called fluorine atoms. This makes them very strong and durable, which is why they are often used in car parts such as engine blocks, fuel tanks, and drive shafts.
Some of the key players operating in the automotive fluoropolymers market are Chemours, Solvay, Daikin, Halopolymer, OJSC, Zhonghao Chenguang, Shandong Huaxia Shenzhou, 3M, AGC, Shanghai 3F, Shin-Etsu, Chemours.
The automotive fluoropolymers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Fluoropolymers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Fluoropolymers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Fluoropolymers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Fluoropolymers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Fluoropolymers Market Size & Forecast, 2018-2028
4.5.1 Automotive Fluoropolymers Market Size and Y-o-Y Growth
4.5.2 Automotive Fluoropolymers Market Absolute $ Opportunity
Chapter 5 Global Automotive Fluoropolymers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Fluoropolymers Market Size Forecast by Type
5.2.1 Polytetrafluoroethylene (PTFE)
5.2.2 Ethylene Tetrafluoroethylene (ETFE)
5.2.3 Fluorinated Ethylene Propylene (FEP)
5.2.4 Fluoroelastomer (FKM)
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Fluoropolymers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Fluoropolymers Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Fluoropolymers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Fluoropolymers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Fluoropolymers Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Fluoropolymers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Fluoropolymers Market Size Forecast by Type
9.6.1 Polytetrafluoroethylene (PTFE)
9.6.2 Ethylene Tetrafluoroethylene (ETFE)
9.6.3 Fluorinated Ethylene Propylene (FEP)
9.6.4 Fluoroelastomer (FKM)
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Fluoropolymers Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Fluoropolymers Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Fluoropolymers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Fluoropolymers Market Size Forecast by Type
10.6.1 Polytetrafluoroethylene (PTFE)
10.6.2 Ethylene Tetrafluoroethylene (ETFE)
10.6.3 Fluorinated Ethylene Propylene (FEP)
10.6.4 Fluoroelastomer (FKM)
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Fluoropolymers Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Fluoropolymers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Fluoropolymers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Fluoropolymers Market Size Forecast by Type
11.6.1 Polytetrafluoroethylene (PTFE)
11.6.2 Ethylene Tetrafluoroethylene (ETFE)
11.6.3 Fluorinated Ethylene Propylene (FEP)
11.6.4 Fluoroelastomer (FKM)
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Fluoropolymers Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Fluoropolymers Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Fluoropolymers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Fluoropolymers Market Size Forecast by Type
12.6.1 Polytetrafluoroethylene (PTFE)
12.6.2 Ethylene Tetrafluoroethylene (ETFE)
12.6.3 Fluorinated Ethylene Propylene (FEP)
12.6.4 Fluoroelastomer (FKM)
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Fluoropolymers Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Fluoropolymers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Fluoropolymers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Fluoropolymers Market Size Forecast by Type
13.6.1 Polytetrafluoroethylene (PTFE)
13.6.2 Ethylene Tetrafluoroethylene (ETFE)
13.6.3 Fluorinated Ethylene Propylene (FEP)
13.6.4 Fluoroelastomer (FKM)
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Fluoropolymers Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Fluoropolymers Market: Competitive Dashboard
14.2 Global Automotive Fluoropolymers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chemours
14.3.2 Solvay
14.3.3 Daikin
14.3.4 Halopolymer, OJSC
14.3.5 Zhonghao Chenguang
14.3.6 Shandong Huaxia Shenzhou
14.3.7 3M
14.3.8 AGC
14.3.9 Shanghai 3F
14.3.10 Shin-Etsu
14.3.11 Chemours
