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Flexible Drum Liner Market In-depth Analysis 2020-2027
The Flexible Drum Liner Market provides a 360 view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. The study bridges the historical data from 2014 to 2020 and estimated till 2027*. Some are the key & emerging players that are part of coverage and were profiled in current version are Greif., Berry Global Inc., Sealed Air, Bemis Company, Inc., WINPAK LTD., Balmer Lawrie, International Plastics Inc., CDF Corporation, Welch Fluorocarbon Inc., The Cary Company., Vestil Manufacturing Corp., Protective Lining Corp., Sri Lakshmi Vishnu Plastics., Heritage Packaging, Dana Poly Inc., Glasnost India., Lormac Group, Spp Poly Pack Pvt. Ltd., among other domestic and global players.
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An introduction of Flexible Drum Liner Market 2020
Flexible drum liner market is expected to grow at a rate of 5.80% for the forecast period of 2020 to 2027. Flexible drum liner market report analyses the growth, which is currently being growing due to the rising usages of product in various end-use industries such as food & beverages, industrial chemicals, pharmaceuticals, and others.
The growing demand of flexible drum liners for export of various products in different industries, increasing usages to provide flexible packaging solutions, easy availability of various type of drum liner, rising consumption of product for storage, collection and handling of garbage are some of the factors which will likely to enhance the growth of the flexible drum liner market in the forecast period of 2020-2027. On the other hand, prevalence of reusable and environmental friendly plastic which will further boost various opportunities that will lead to the growth of the flexible drum liner market in the above mentioned forecast period.
Adoption of alternative bulk packaging solutions along with stringent regulations regarding the usages of plastic will hamper the growth of the flexible drum liner market in the above mentioned forecast period.
Crucial Market Segment details-:
By Capacity Size (Less Than 15 Gallons, 15-33 Gallons, More Than 33 Gallons),
Type (Round Bottom Drum Liner, Flat Bottom Drum Liner),
Design Type (Straight-Sided Liners, Accordion Liners, Combination Liners, Others),
Material Type (LLDPE, LDPE, Polypropylene, PTFE, Polyethylene (PE), High Density Polyethylene (HDPE), Polyvinylchloride (PVC), Polyester (PET), Others),
End-Use (Industrial Chemicals, Petroleum & Lubricants, Food and Beverages, Paints, Inks and Dyes, Cosmetics and Pharmaceuticals, Building and Construction, Others),
Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
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Flouropolymer Coating Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023
The fluorine particles have high electronegativity and low polarizability. Subsequently, carbon– fluorine bonds have higher energy and are more affinity than C-H bonds. Additionally, the assimilation of fluorine substituents into organic compounds can essentially influence their properties. Fluorinated polymeric materials display low surface energies, lubrication, non-wetting protecting properties, impermeability to gasses, and high protection from water, oils, volatile chemicals, corrosion, UV radiation, and chalking. These exceptional properties find their applications in diverse industries such as building & construction, oil & gas, automotive, aerospace, industrial, and food processing.
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As per our analysis, some of the prominent market factors and trends identified in the Global Flouropolymer Market include rapid industrialization, rising demand for industrial machinery protection, and increasing expenditure on industrial production. The Global Protective Coating Parent market is growing at a considerable CAGR by the end of 2023. This, in turn, is expected to fuel the demand for Flouropolymer Coating during the forecast period. Moreover, the demand for flouropolymer is predicted to witness a significant growth over the assessment period due to surging oil & gas industry. Polyvinylidene Fluoride (PVDF) is a pure thermoplastic fluoropolymer. It is used in oil & gas industry owing to the highly non-reactive nature, which resist its reaction with various solvents, acid, and bases and prolong the life of equipment. Rising crude oil production across the globe is anticipated to be an important driver of Flouropolymer Coating Market during the review period. Scope of applications in the global protective market is continuously increasing with the flourishing end use industries. Growing need for the protective coating on tools, equipment, and end decorative parts in building & construction industry is driving the demand of the market. Additionally, the use of Flouropolymer Coating has increased in number of industrial applications in a bid to protect machineries and equipment, which function in harsh environment. This, in turn, is propelling the growth in demand of the product. Increasing automobile production and sales along with rising consumption of lubricants is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period.
Segmentation:
The Global Flouropolymer Coating Market is segmented on the basis of Type, End Use, and Region.
Based on the Type, the market Flouropolymers are classified into polyvinylidene fluoride (PVDF), flouroethylene vinyl ether (FEVE), polytetra flouroethylene (PTFE), fluorinated ethylene propylene (FEP), ethylene tetraflouroethylene copolymer (ETFE), and polyvinyl fluoride (PVF).
On the basis of End Use Industry, the Global Flouropolymer Coating Market is segmented into aerospace, construction, automotive, oil & gas, food processing, cookware, and others.
Regionally, there five major regions in which the market is divided. It includes, Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.
Key Players:
The prominent players in the Global Flouropolymer Coating Market are Whitford Corporation (U.S.), Daikin Industries, Ltd. (Japan), Akzo Nobel N.V. (the Netherlands), E. I. du Pont de Nemours and Company (U.S.), PPG Industries, Inc. (U.S.), The Valspar Corporation (U.S.), The Becker Group, Ltd. (U.S.), BASF SE (Germany), TIGER Drylac U.S.A., Inc. (U.S.), and Toefco Engineered Coating Systems, Inc. (U.S.) among others.
Regional Analysis:
The Global Flouropolymer Coating Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the highest CAGR during the review period on account of expanding industries such as oil & gas, and food processing and urge to protect machinery in these industries. Moreover, cookware products are used on large scale due to growing population in this region, PTFE coated cookware possesses one of the lowest coefficients of friction of any solid. It is the most commonly used fluoropolymer found on everything from cooking pans to catheters, which is anticipated to drive the market.
North American Flouropolymer Coating Market is predicted to witness a tremendous growth owing to the growing demand for new vehicles in the US. To improve the efficiency and durability of automobiles, flouropolymer coatings are applied to automobile parts such as pistons, cylinder blocks, sliding bearings, cylinder liners, exhaust nozzles, valve trains, suspension elements, fuel pumps, gearboxes, engine block covers, structural elements, wheels, axles, spindles, and swivels to ensure their protection. Thus, Flouropolymer Coatings Market is projected to grow rapidly. In North American region, the U.S. is predicted to be the major contributor to the regional growth of the Flouropolymer Coating Market and is expected to see a significant demand for the Flouropolymer Coating during the forecast period.
View Complete TOC with Tables and Figures at: https://www.marketresearchfuture.com/reports/flouropolymer-coating-market-4844
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