Fluoropolymers are specialty materials that possess a unique combination of properties, making them critical to the products and manufacturing processes they enable. Many of these products are vital to modern life, including cutting-edge healthcare applications, electronics like cell phones and laptops, telecommunications infrastructure and advanced transportation and aerospace applications, among many others. They are essential to the electronic storage and sharing of data, enabling everything from electronic medical records to instantaneous commerce, banking and financial transactions.
This Socio-economic Assessment of the U.S. Fluoropolymer Industry was commissioned with support from AGC, Chemours, Daikin and 3M, and developed by Wood Environment & Infrastructure Solutions UK.
A recent report on the socioeconomic impact of fluoropolymers found that in 2018 the U.S. fluoropolymer industry:
- Generated $2.1 billion in direct economic activity;
- Supported 13,500 jobs indirectly and hundreds of thousands more jobs in industries that rely on fluoropolymers;
- Invested $150 million in R&D in 2018, and;
- Created a $520 million trade surplus.
Sector Specific One Pagers:
Medical and First Responder Sector
Fluoropolymers play a critical role in modern medicine and support for our first responders. Fluoropolymers’ unique characteristics enable
a wide range of medical equipment used by families across the country, as well as provide superior protection from injury and death for firefighters
Fluoropolymers are critical to the semiconductor industry because of the unique combination of properties they offer. They are used for piping, vessels, valves and pumps that need to withstand aggressive etching chemicals, and maintain the high purity needed to make semiconductors function.
Fluoropolymers play a critical role in the transportation industry and are used in many components of cars, trucks and aircraft. They are critical for high performance over a wide range of harsh operating conditions and contribute to both passenger safety and emission controls.
Chemical and Industrial Sectors
Fluoropolymers make production equipment stronger and help reduce the risk of chemical accidents. They enable a high level of production efficiency, which is critical to global competitiveness.
Consumer Products Sector
Fluoropolymers’ unique combination of properties make them important components of a wide array of consumer products, from cookware to textiles to personal electronics. Fluoropolymers enable more durable and functional goods that meet the high expectations of today’s consumers.
Fluoropolymers have contributed to significant technical advances in solar power generation, production efficiencies in wind turbines and to the development of lithium ion batteries. They also help to create high performance products.
To request a full copy of the report, please contact Jay West at Jay_West@americanchemistry.com.