Tag Archives: Coating

AGC Inc. (Japan) and Daikin Industries, Ltd. (Japan) are the Key Players in the High Performance Fluoropolymer (HPF) Market

The ****** high performance fluoropolymers (HPF) market size is estimated to be USD 3.3 billion in 2019 and is projected to reach USD 4.6 billion by 2024, at a CAGR of 6.9%, between 2019 and 2024. HPF is used mainly in industrial processing, transportation, electrical & electronics, and medical, among others. It is used for manufacturing various products such as coatings, films, membranes, tubes, wire & cable, seals, gaskets, liner, mechanical parts, and many others in these industries. High chemical & temperature resistance, excellent dielectric properties, and lightweight are some of the characteristics owing to which the demand for high performance fluoropolymers is high in the industrial processing segment.

New Product Launches and Expansions are the key Strategies Adopted by the Industry players to Achieve Growth in the Polyurethane Additives Market

New product launches and expansions are the key strategies adopted by industry players to achieve growth in the polyurethane additives market between 2016 and 2021. Development of cost-effective products and more innovative features led various manufacturers to focus on polyurethane additives, thus leading to an increase in its demand. These aspects have encouraged companies to adopt strategies such as new product launches, expansions, mergers & acquisitions, and agreements. Some of the key players, such as Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), and Huntsman International LLC (U.S.) have adopted these strategies to develop their businesses, globally. These strategies also accounted for a significant share of the overall growth strategies adopted by the players in the polyurethane additives market between 2014 and 2016.