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 Future Market Insights delivers key insights on the worldwide fluoropolymers marketplace in its contemporary document titled ‘ Fluoropolymers market : international enterprise analysis and opportunity assessment (2031).’ The lengthy-time period outlook on the worldwide fluoropolymers market stays tremendous, with market price expected to increase at a CAGR of five.1% at some stage in the forecast duration. The industrial & gadget segment is expected to remain a key give up-use segment, accounting for over one-fourth of the full shares within the global market for the duration of the forecast duration. International sales of fluoropolymers is expected to be worth over US$ 8 Bn by using the give up of 2017. APEJ is expected to account for a first-rate value share inside the international fluoropolymers market with the aid of 2017 quit and is anticipated to retain its dominance all through the forecast duration. In this document, future market   Insights throws light on the d

 London-based market research and consulting firm, Future Market Insights (FMI), in its latest report titled “ Global  Bio-based Biodegradable Plastics Market  Analysis and Opportunity Assessment ”, states that the global bio-based biodegradable plastics market is expected to demonstrate a double-digit CAGR during forecast period. Global penetration of biodegradable and bio-based biodegradable plastics is currently significantly lower in comparison to traditional fossil fuel-based plastics. Of the 300 Mn metric tonnes of plastics consumed in 2013, biodegradable plastics accounted for 0.21% of the total consumption. The total consumption of bio-based biodegradable plastics was 591,000 metric tonnes in 2013, accounting for 0.1% share of the total global plastics consumption. Essien Jae, Lead Consultant at FMI said, “Consumption of bio-based biodegradable plastics is substantially low compared to fossil fuel-based plastics, but this is expected to grow rapidly over the next five years

 Increasing consumption of  fluoropolymer   in industrial processing & application is anticipated to create opportunities for growth of the market. According to a new study by Future Market Insights (FMI), over the assessment period between 2021 and 2031, the market will rise at a CAGR of 5.4%. A fluoropolymer is characterized by high resistance to acids, solvents, and bases. Polytetrafluoroethylene (PTFE) is the most well-known fluoropolymer. It is expected to constitute over half of fluoropolymer sold globally. Fluoropolymers are widely used in industrial processing industries for numerous applications such as heat exchanger coatings, pump impellers, tanks, autoclaves, reaction vessels, flue duct expansion joints, autoclaves, and among others. Geographically, East Asia is anticipated to dominate the market, accounting for more than one third of market value share. The Fluoropolymer market is estimated to reach a total market value of US$ 12,991.5 Mn by the end of 2031, growin