The market demand for fluorocarbon coatings is strong and there are opportunities for industry development

Fluorocarbon paint, also known as fluorine paint, fluororesin paint, and fluorocarbon paint, is a paint with fluororesin as the main film-forming substance. Fluorocarbon coatings have excellent performance and are characterized by low temperature resistance, corrosion resistance, and heat resistance. They are widely used in the fields of building materials, aerospace, electronic appliances, and petrochemical industries. Fluorocarbon coatings mainly include three categories, namely polytetrafluoroethylene fluorocarbon coatings (PTFE), polyvinylidene fluoride fluorocarbon coatings (PVDF) and fluoroolefin-vinyl ether fluorocarbon coatings (FEVE).

The raw material of fluorocarbon coating is fluororesin. As a fluoropolymer, fluororesin has excellent performance in acid and alkali resistance, heat resistance and drug resistance. It is an important material widely used in my country’s cutting-edge science and technology and defense industry. Driven by market demand, my country’s fluororesin production continues to increase. In 2021, my country’s fluororesin output reached 216,000 tons, a year-on-year increase of 17.6%. Sufficient supply of raw materials lays the foundation for the development of the fluorocarbon coatings industry.

According to the “2022-2027 Fluorocarbon Coatings Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, fluorine There are many types of carbon coatings, and FEVE fluorocarbon coatings are gradually becoming the mainstream products in my country’s fluorocarbon coatings market. In 2021, my country’s FEVE fluorocarbon coatings market will reach 4.16 billion yuan, a year-on-year increase of 14.9%. FEVE fluorocarbon coatings are widely used in heavy-duty anti-corrosion fields. However, there is still a certain gap in the production and quality of FEVE fluorocarbon resins in my country compared with overseas developed countries. The main manifestations are that the products have many impurities, are yellowish in color, and have poor weather resistance. As production companies continue to make breakthroughs in R&D technology, the quality of my country’s FEVE fluorocarbon resin continues to improve, which will drive the development of FEVE fluorocarbon coatings in the high-end direction.

As a coating segment product, fluorocarbon coatings are in strong demand in the field of building materials. Affected by extreme weather, the surface of building exterior walls is susceptible to erosion by corrosive liquids and gases such as salt, acid, alkali, etc. Fluorocarbon coatings have aging resistance and anti-corrosion properties and can protect building exterior walls. According to statistics from the Ministry of Industry and Information Technology, the operating income of my country’s building materials enterprises above designated size will reach 6.6 trillion yuan in 2021, a year-on-year increase of 13.5%. The rapid development of downstream industries will bring broad prospects to the fluorocarbon coatings market.

In the global market, leading fluorocarbon coating companies include DuPont of the United States, Asahi Glass Co. of Japan, and Akzo Nobel of the Netherlands. In the local market, Juhua Co., Ltd., Zhaoqing Jingoli Chemical, and Dalian Zhenbang Fluorine Coatings are the main suppliers of fluorocarbon coatings in my country.

Industry analysts said that fluorocarbon coatings have excellent performance and a wide range of applications. As the national environmental protection policy gradually takes effect, green building materials have become mainstream products in the market, which will put forward higher requirements for fluorocarbon coatings. my country’s fluorocarbon coatings industry started late, and there is a gap in production levels compared with overseas developed countries. However, driven by the technological innovation of leading companies, the industry will gain broad space for development in the future.