Home / Press Release / Global Polychlorotrifluoroethylene Market Projected to Grow At a CAGR of 4.2% during the Forecast Period

Global Polychlorotrifluoroethylene Market Projected to Grow At a CAGR of 4.2% during the Forecast Period

The latest market report published by Credence Research, Inc. “Polychlorotrifluoroethylene Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the Polychlorotrifluoroethylene market was valued at US$ 520.4 Mn in 2018 and expected to reach US$ 719.4 Mn by 2027 at a CAGR of 4.2% throughout the forecast period from 2019 to 2027.

Market Insights

"Increasing demand from aerospace industry will spur revenue growth during the forecast period"

Polychlorotrifluoroethylene has wide variety of application in various industries owing to its properties including maintaining its properties in a range of external changes and conditions. The increasing demand for polychlorotrifluoroethylene in applications such as chemical processing, consumer electronics, aerospace, electronics, and building & construction among others is proliferating the growth of the global polychlorotrifluoroethylene market. Recent developments in the semiconductor industry is also bolstering the market growth. Polychlorotrifluoroethylene possesses properties such as electrical resistance and water repulsion which is one of the key reasons its being increasingly used in electrical and electronics industry. In contrast, the availability of low-cost substitutes including ethylene tetrafluoroethylene, chlorotrifluoroethylene, polytetrafluoroethylene and among others are likely to hamper the market growth.

Industrial Developments

Key Market Movements

List of Companies Covered:

Browse the full report at https://www.credenceresearch.com/report/polychlorotrifluoroethylene-market

The Global Polychlorotrifluoroethylene Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 By Application Segment (2017–2027; US$ Mn)

 By End-use (2017–2027; US$ Mn)

 By Geography Segment (2017–2027; US$ Mn)

*Complete segmentation list is on report page

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