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YC shift: The India fluoropolymer market is expected to reach close to US$135 million. The demand of fluoropolymer increased in applications such as wire & cable, lining, and coatings from different industries. Demand for fluoropolymers will rise in fuel systems, automotive electronics and transmission cables, industrial processing in defense, chemicals, and power generation.

Unknown: Fluoropolymer in wire & cable application is a high growth application opportunity. Fluoropolymer masterbatch has a high opportunity as it is used in applications such as satellite, missile aircraft, power. Masterbatches are primarily imported in India. A large opportunity exists for suppliers to set up fluoropolymer masterbatch manufacturing plants in India. North India is the hub of fluoropolymer wire & cable manufacturers.

RI created: MnM recommended the client to tap into the technologies such as PTFE, FEP, PFA, ETFE. By targeting these technologies, the client can generate revenue of US$15-20 million in the next 5 years. Some of the key growth areas for the market will be in applications including defense, power generation, transportation, chemical processing.