The rapid expansion of the automotive end-use industry is a major driver influencing worldwide fluoropolymer consumption levels. Fluoropolymers are widely used in the automotive sector, including the manufacturing of gasoline hoses, gaskets, O-rings, shaft seals, power steering systems, and transmission systems. All types of fluoropolymers utilized in the automobile sector have excellent and desirable properties such as high thermal wear, chemical exposure, friction, and mechanical wear and tear resistance. In addition, there is a growing need for fluoropolymers in the electronics and medical device production processes. Over the projection period (2016–2024), numerous other uses of fluoropolymers in cookware, semiconductors, cables, and wires are projected to drive demand for fluoropolymers.
However, due to their properties, fluoropolymers are almost impervious to natural deterioration, thus the industry is likely to face few possible constraints, such as environmental concerns over their use. In addition, several fluoropolymers degrade into compounds that might cause cancer.