Fluoropolymers coating additives are used in formulation of powder and paint coatings in order to give protection of substrate from high temperature, chemical reaction, corrosion and so on. They are generally used in industrial applications where the substrates are exposed to harsher environments.
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The global fluoropolymers coating additives market is witnessing stable growth, owing to the increasing demand from the end-user industries. The value of the global fluoropolymers coating additives market was estimated to be $1.08 billion in 2012. The major applications of fluoropolymers coating additives include architecture, automotive, industrial sector, and wood & furniture.
The feasible properties such as resistance to high temperature, chemical inertness, toughness, and water repellent function of fluoropolymers coating additives, and its wide applications across several industry verticals, are driving the demand and growth of the fluoropolymers market.
BYK-Chemie (Germany), BASF (Germany), Akzonobel (The Netherlands), Arkema (France), and Eastman (U.S.) are the leading players in this market.
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