SNS Insider Black Friday Offer
ETFE Market

ETFE Market Size and Segment By Type (Pellet/Granule, Powder), By Technology (Extrusion Molding, Injection Molding, Others), By Application (Films & Sheets, Wires & Cables, Tubes, Coatings, Others), By End-use industry (Building & Construction, Automotive, Aerospace & Defense, Nuclear, Solar Energy, Others), by Region | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1818 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

ETFE Market Size was valued at USD 356 million in 2021, and expected to reach USD 565.34 million by 2028, and grow at a CAGR of 6.8% over the forecast period 2022-2028. ETFE will be in higher demand during the forecast period because it is being used more and more in solar panels, as a replacement for glass and other common materials, and in industries that use it. ETFE market has opportunities in emerging economies in the Asia-Pacific and Middle East regions, where there is room for growth.

ETFE is mostly used as architectural films in the building and construction industry. ETFE is also used in wires and cables, tubes, and jacketing in the aerospace and defence, automotive, nuclear, and electronics industries, among others. ETFE is easy to puncture, it lets more sound through than glass, and it costs more than other materials, which is slowing the growth of the market.

ETFE Market Revenue Graph

Market Dynamics:

Drivers:

  • The market will be driven by the growing use of ETFE in solar panels.

  • Replace glass and other common plastics with something else

  • Growing Demand in End-Use Industries

Restraints:

  • More likely to get holes and let more sound through than glass

  • ETFE is more expensive than most other materials.

Opportunity:

  • Emerging economies have a chance to grow.

Challenge:

  • Not enough skilled workers

  • Changes in the prices of raw materials

Impact of Covid-19:

Because of the COVID-19 pandemic, the economies of a number of countries grew less quickly. This was because manufacturing facilities were shut down, demand for oil and gas and industrial products fell, and the supply chain was messed up. Companies that made ETFE went through a short period of not making anything. Companies also used less labour because of rules about social distance or as a safety measure to stop the spread of the virus. This caused the use rate of companies to go down. People expect that the pandemic will have long-lasting effects on the supply, demand, and prices of goods. During the pandemic, the price of crude oil went up, which also made the price of ETFE go up. Due to slow growth in the construction and auto markets, manufacturers of ETFE saw their sales go down.

Key Players:

Quadrant AG, Asahi Glass Company, The Chemours Company, Ensinger GmbH, Hubei Everflon Polymer Co. Ltd., Daikin Industries, Ltd., The 3M Company, Guangzhou Lichang Fluoroplastics Co. Ltd., Vector Foiltec

Market Segmentation:

By Type:

  • Pellet/Granule

  • Powder

By Technology:

  • Extrusion Molding

  • Injection Molding

  • Others

By Application:

  • Films & Sheets

  • Wires & Cables

  • Tubes

  • Coatings

  • Others

By End-use industry:

  • Building & Construction

  • Automotive

  • Aerospace & Defense

  • Nuclear

  • Solar Energy

  • Others

ETFE Market Segment Pie Chart

Regional Analysis:

The Global Ethylene Tetrafluoroethylene Market is looked at for five major regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.

The ethylene tetrafluoroethylene market in Asia-Pacific is the biggest in the world, and its CAGR is expected to be the highest during the forecast period. This is because industrialization and construction are growing quickly in the region. The demand for products in the Asia-Pacific market is also likely to be driven by the growing use of ETFE in the auto industry in countries with emerging economies. China is the biggest consumer of ethylene tetrafluoroethylene in the world. India and other countries in South-East Asia are next. The growth of the regional market is also helped by the fact that new products are being made all the time to meet the growing demand from end-use industries.

In 2018, a big chunk of the market was made up of North America. The market is likely to be driven by the increasing use of ETPE materials in construction and the rise of residential and commercial activities in the US. Due to its high mechanical strength, the product is also used in aircraft and spacecraft wiring, which is another thing that is increasing demand in the region.

During the forecast period, Europe is also expected to grow by a lot. This is because more people in Europe are worried about the environment, so they are switching to products that are better for the environment. Most of the growth in the regional market comes from Germany, Belgium, and France.

During the forecast period, Latin America and the Middle East and Africa are expected to grow at a healthy rate. This is because there are more building projects and the auto industry is growing in these areas.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

ETFE Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 356 Million
Market Size by 2028 US$ 565.34 Million
CAGR CAGR of 6.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Pellet/Granule, Powder)
• By Technology (Extrusion Molding, Injection Molding, Others)
• By Application (Films & Sheets, Wires & Cables, Tubes, Coatings, Others)
• By End-use industry (Building & Construction, Automotive, Aerospace & Defense, Nuclear, Solar Energy, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Quadrant AG, Asahi Glass Company, The Chemours Company, Ensinger GmbH, Hubei Everflon Polymer Co. Ltd., Daikin Industries, Ltd., The 3M Company, Guangzhou Lichang Fluoroplastics Co. Ltd., Vector Foiltec
DRIVERS • The market will be driven by the growing use of ETFE in solar panels.
• Replace glass and other common plastics with something else
• Growing Demand in End-Use Industries
Restraints • More likely to get holes and let more sound through than glass
• ETFE is more expensive than most other materials.


Frequently Asked Questions (FAQ) :

Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: The market will be driven by the growing use of ETFE in solar panels, Replace glass and other common plastics with something else and Growing Demand in End-Use Industries  are the drivers for ETFE Market.

 

Ans: ETFE is mostly used as architectural films in the building and construction industry. ETFE is also used in wires and cables, tubes, and jacketing in the aerospace and defence, automotive, nuclear, and electronics industries, among others.

Ans: ETFE Market Size was valued at USD 356 million in 2021, and expected to reach USD 565.34 million by 2028, and grow at a CAGR of 6.8% over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8 ETFE Market Segment, By Type

8.1 Pellet/Granule

8.2Powder

 

9 ETFE Market Segment, By Technology

9.1 Extrusion Molding

9.2 Injection Molding

9.3 Others

 

10 ETFE Market Segment, By Application

12.1 Films & Sheets

12.2 Wires & Cables

12.3 Tubes

12.4 Coatings

12.5 Others

 

11 ETFE Market Segment, By End-Use Industry

11.1 Building & Construction

11.2 Automotive

11.3 Aerospace & Defense

11.4 Nuclear

11.5 Solar Energy

11.6 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13. Company Profile

13.1  Quadrant AG

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Asahi Glass Company

13.3 The Chemours Company

13.4 Ensinger GmbH

13.5 Hubei Everflon Polymer Co. Ltd.

13.6 Daikin Industries, Ltd.

13.7 The 3M Company

13.8 Guangzhou Lichang Fluoroplastics Co. Ltd.

13.9 Vector Foiltec

 

14 Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.