Fluoropolymer Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Fluoropolymers in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Fluoropolymers Price Trend for the First Half of 2023

Asia

In the first quarter of 2023, the prices of fluoropolymers fluctuated as the Chinese market introduced certain policies to deal with the plunging economic conditions. In addition, the number of orders from the overseas market and inquiries from end-user sectors drove up the price trend of fluoropolymers in the first quarter. But the trend declined gradually in the second quarter as the economic activities of the Asia Pacific region slumped. The trading activities also took a toll, and with feeble demand from the domestic and overseas markets, the prices of fluoropolymers found it difficult to sustain their momentum.

Europe

In Europe, the price trend of fluoropolymers witnessed a northwards trajectory as the rise in inflation and hike in interest rates supported the rise in the prices. The slow movement of the German economy and the cautious spending of buyers posed a problem for fluoropolymers' prices in the first quarter. But in the second quarter, the consumption rates improved with the positive movement of the automotive industries. The inclining freight charges and significant growth of major market employers of fluoropolymers supported the inclining price trend of fluoropolymers.

North America

The North American region showcased an inclining trajectory in fluoropolymers prices. The high demand and slow supply created disruptions in the supply-demand equilibrium and thus drove the price trend of fluoropolymers. In the second quarter also, the demand from automobile industries supported the rising prices, and the fluctuating cost of freight charges further pushed the market in a positive direction. In addition to this, the consumption rates of customers improved, leading to an overall incline in the fluoropolymers' prices.

Analyst Insight

According to Procurement Resource, the price trend of Fluoropolymers is estimated to oscillate with the improving market dynamics of automotive industries.

Procurement Resource provides latest prices of Fluoropolymer. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Fluoropolymers are synthetic polymers that have remarkable properties such as temperature resistance, chemical inertness, low friction, and non-stickiness. These properties of Fluoropolymers make them useful in industries such as wire and cable insulation, seals and gaskets, cookware coatings and other related sectors. The polymer is versatile and has high performance for critical applications and high-end performances.

Product Details

Report Features Details
Product Name Fluoropolymer
Industrial Uses Nonstick coatings, Aerospace components, Oil and gas, Medical devices, Membranes and filters, Seals
HS Code 39046100
Supplier Database Mitsubishi Chemical Advanced Materials, AGC Chemicals Americas Inc, Honeywell International Inc, Daikin Industries Limited, Amco Polymers, Solvay SA, Saint-Gobain Performance Plastics
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

In ethylene resin, some of the hydrogen atoms are replaced with fluorine or related fluorinated alkyl group that gives resultant fluoropolymer.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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