Global Polychlorotrifluoroethylene (PCTFE) Market to Reach

New York, July 08, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Polychlorotrifluoroethylene (PCTFE) Industry” – https://www.reportlinker.com/p06032562/?utm_source=GNW
3 Million in the year 2020, is projected to reach a revised size of US$705.5 Million by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Films, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$306.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wires & Tubes segment is readjusted to a revised 4% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $159.9 Million, While China is Forecast to Grow at 3.6% CAGR
– The Polychlorotrifluoroethylene (PCTFE) market in the U.S. is estimated at US$159.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$125.3 Million by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
– Coatings Segment to Record 2.9% CAGR
– In the global Coatings segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These…