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Showing posts with the label Fluoropolymers

Fluorochemicals Market - Forecast(2021 - 2026)

The Fluorochemicals Market size is projected to reach $25.1 billion by 2026, after growing at a CAGR of 5.2% over the forecast period 2021-2026. The Fluorochemicals is an organic compound that contains fluorine and is widely used in electronics, refrigerators, and the automotive industry. Fluorochemicals provide UV resistance and high durability in various applications such as air conditioners, and refrigeration with excellent properties like high tensile strength and electrical insulation. Fluorocarbons are used as fluoropolymers and refrigerants, which have very low solubility features and due to this, they are not miscible in organic solvents like acetone and ethanol. COVID-19 pandemic has a profound impact on the demand and supply of fluorochemicals. The outbreak of COVID-19 has had a considerable impact on the overall development of the global HVAC (heating ventilation and air condition) system. In addition, the infrastructure and construction activities had been totally shut dow...

Coil Coatings Market - Forecast(2021 - 2026)

As documented in the Steel Statistical Yearbook 2018 by the World Steel Association (WSA), global steel production was valued to be 1,690,479 tons, which is nearly 4% greater than that in 2016. The upsurge in steel production worldwide is attributable to the growing demand for steel from various sectors. Before used for fabrication, steel is being coated with coil coatings. The production growth of steel is significantly supporting the coil coatings market that had a market size of $5 billion as of 2018. Furthermore, the demand for coil coatings is estimated to increment at a healthy CAGR of 5% during the forecast period of 2019 to 2025. APAC has been observing rapid growth in the industrial sector for quite a few years. These industries chiefly include the construction and automotive sectors that are attributed to heavy use of metals that are coil-coated before end-use application. The rising growth prospects in the real estate sector with an increasing demand for low-cost housing is...