Fluoropolymers Market Size To Reach $17.85 Billion By 2030

Fluoropolymer Market Growth & Trends

The global fluoropolymers market size is expected to reach USD 17.85 billion by 2030, registering to grow at a CAGR of 9.1% from 2025 to 2030 according to a new report by Grand View Research, Inc. High tensile strength and excellent insulation properties have driven fluoropolymer penetration in electronics, automotive and construction applications. Positive outlook on these end-use industries is expected to be one of the primary growth factors over the forecast period.

Increasing government spending on infrastructure in China, India and the Middle East is expected to drive architectural coatings demand. Fluoropolymer coatings exhibit protection against corrosion & chemicals and high temperature tolerance, which makes them useful for architectural applications. In addition, these coatings are used in automobiles for protection against scratches and abrasions. DuPont (Chemours) manufactures and markets fluoropolymer coating under the brand name, Teflon.

The industrial processing sector has accounted for the dominant market share in 2023 owing to its robust expansion. It is used in a wide range of applications including gears, sliding plates and bearings, which require low friction. Expansion of manufacturing industry in India, China, Mexico, Brazil and Russia is expected to drive demand for PTFE as an additional lubricant.

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Fluoropolymer Market Report Highlights

• Polytetrafluoroethylene (PTFE) led the segment with 65.05% of the market share in 2024. This can be attributed to its chemical inertness which makes it highly resistant to aggressive chemicals and corrosive substances.

• Construction has emerged as the fastest-growing segment at a CAGR of 9.9% during the forecast period. This anticipated growth can be attributed to the demand for fluoropolymer-based paints and protective layers in architectural coatings, used in construction.

• The fluoropolymers market in Asia Pacific region secured the dominant market share with 42.93% in 2024. The market demand was primarily driven by the expansion of aviation and aerospace sectors.

Fluoropolymer Market Segmentation

Grand View Research has segmented the global fluoropolymers market report based on product, application, and region: 

Fluoropolymer Product Outlook (Revenue, USD Million, 2018 - 2030) (Volume in Kilotons)

• PTFE

• PVDF

• FEP

• Fluoroelastomers

• Others

Fluoropolymer Application Outlook (Revenue, USD Million, 2018 - 2030) (Volume in Kilotons)

• Automotive

• Electric & Electronics

• Construction

• Industrial Processing

• Others

Fluoropolymer Regional Outlook (Revenue, USD Million, 2018 - 2030) (Volume in Kilotons)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Russia

  • Sweden

  • Norway

  • Denmark

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Indonesia

  • Vietnam

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • UAE

  • Saudi Arabia

  • South Africa

  • Kuwait

List of Key Players in the Fluoropolymer Market

• Chemours

• Daikin Industries

• 3M

• Solvay

• Arkema

• AGC Chemicals

• Dongyue Group

• Gujarat Fluorochemicals

• Halopolymer

• Kureha Corporation