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Fluoropolymer Processing Aid Market worth $1.75 billion by 2029 - Exclusive Report by MarketsandMarkets™

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Jan 31, 2025, 06:30 ET

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DELRAY BEACH, Fla., Jan. 31, 2025 /PRNewswire/ -- The report "Fluoropolymer Processing Aid Market by Polymer Type (PP, PE, PVC), Application (Blow Film & Cast Film, Pipes & Tubes, Wires & Cables, Fibers & Raffia), Form (Neat/Additive and Masterbatch) and Region - Global Forecast to 2029", size was USD 1.53 billion in 2024 and is projected to reach USD 1.75 billion by 2029, at a CAGR of 5.7%, between 2024 and 2029.

Browse in-depth TOC on "Fluoropolymer Processing Aid Market"
291 – Tables
56 – Figures
252 – Pages

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The market is projected to grow because of increasing demand for fluoropolymer processing aids for consumer goods and packaging industries in Asia Pacific. Fluoropolymer processing aids are materials which act as flow agents, melt strength and ease of process in fluoropolymers due to their high melt points and strength. They decrease melt viscosity, promote melt stability and enhance the processability resulting into better dimensional stability, low cycle time and high productivity. It is important the shields are available for manufacturing components which are utilized in manufacture of products used in medical, aerospace and chemical manufacturing industries.

Polypropylene polymer type segment is projected to account second largest share, in terms of value, of the global fluoropolymer processing aid market during the forecast period.

The polypropylene polymer segment held the second largest market size in terms of value in the fluoropolymer processing aid industry during the forecast period. This growth is due to the steady demand of polypropylene products in different areas such as automotive, packaging and consumer products. Processing aids for fluoropolymer find its application in the modification and improvement of polypropylene with respect to flow and melt strength. There are still signs that even though manufacturing institutions seek to cut on the cost of manufacturing polypropylene, the use of processing aids will increase as industries seek to produce quality products. Further, the increasing eco-consciousness and the ever-increasing requirement for high-performance polymers more importantly, the fluoropolymers processing aids and ancillaries are experiencing increased demand in polypropylene production.

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Blow film & cast film application segment was accounted for the largest share in fluoropolymer processing aid market, in terms of value, in 2023.

Blow film and cast film application was the largest segment in the fluoropolymer processing aid market in terms of value in 2023. Haloalkene is used more dominantly due to the extensive use of fluoropolymers in the preparation of high-performance films for uses in packaging, automotive, and electronic industries. Teaching, molding and firmness enhancing agents are used in the fluoropolymer to enhance flowability and melt stability for film extrusion. They also enable them to create uniform film thickness and improve on the durability of the product. Hence, the market is anticipated to be led by the blow film and cast film segment due to growing requirement in lightweight, durable as well as flexible films.

Europe is estimated to be the third-largest market for the fluoropolymer processing aid market, in terms of value, during the forecast period.

Fluoropolymer processing is expected to be third largest market in Europe in terms of value in the forecast period. This the case because the region holds sound industrial facilities that include automotive, aerospace industries as well as chemical industries that require the use of high-performance materials. The effects of fluoropolymer processing aids are now being driven by the demand for sophisticated manufacturing methodologies and effective processing systems. Also, the trend of sustainability and product innovation in Europe's material sciences is also putting further upward pressure on use of these additives. As many industries strive to find better and cheaper solutions, fluoropolymer processing aids market in Europe is expected to become steadily growing.

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The key players profiled in the report include Arkema (France), 3M Company (US), The Chemours Company (US), Daikin Industries, Ltd. (Japan), Syensqo (Belgium), Adplast (Portugal), SCG Chemicals, Public Company Limited (Thailand), Tosaf Compounds LTD (Israel), Ampacet Corporation (US), and Shanghai Lanpoly Polymer Technology Co., Ltd. (China), Plastiblends India Limited (India), and among others.

Get access to the latest updates on Fluoropolymer Processing Aid Companies and Fluoropolymer Processing Aid Market Size

Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting

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About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/

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SOURCE MarketsandMarkets

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