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High-Performance Fluoropolymers Market

High-Performance Fluoropolymers Market Size and Segment By Type (PTFE, FEP, PFA/MFA, ETFE, Others), By Form (Granular/Suspension, Fine Powder & Dispersion, Micropowder), By Application (Coatings & Liners, Components, Films, Additives, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1706 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

High-Performance Fluoropolymers Market Size was valued at USD 3.84 billion in 2021, and is expected to reach USD 6.14 billion by 2028, and grow at a CAGR of  6.9% over the forecast period 2022-2028.  Fluorocarbon-containing polymers with remarkable high-performance material qualities are known as high-performance fluoropolymers. They have superior properties such as excellent chemical resistance at high temperatures, high electrical insulation, and superior mechanical and thermal stability, making them suitable for a variety of end use industries such as aviation and automobiles, electrical and electronics, industrial processing, and medical, to name a few.

High-Performance Fluoropolymers Market Revenue Graph

Market Dynamics:

Drivers:

  • Increasing demand for light weight parts in aviation & automobile sector

  • Easy Manufacturing and cost efficient

  • Nonstick cookware is becoming increasingly popular.

Restraints:

  • Higher cost of high performance fluoropolymes 

Opportunity:

  • Temperature rises, electrical insulation improves, and mechanical and thermal stability improves.

Challenge:

  • Dangers of Overheating

Impact of Covid-19:

Transportation, electrical & electronics, medical, food processing, chemical processing, oil & gas, power plants, and building & construction are just a few of the end-use sectors that use HPF. They're employed in industrial processing when a high level of temperature and chemical resistance is required to complete the task. As a result of the ongoing pandemic, industrial production has been severely impacted all around the world. Workforce limitations, logistical challenges, material scarcity, and other factors have all hampered the industry's growth. COVID-19 has given the industrial and manufacturing sectors around the world a new working environment.  Government restrictions on the amount of individuals who can congregate in one place have had a significant impact on the industry.

Key Players:

Gujarat Fluorochemicals Limited (GFL), AGC Inc., OJSC, The 3M Company, China Reform Culture Holdings Co., Ltd., Solvay S.A., Dongyue Group, Hubei Everflon Polymer Co. Ltd., Halopolymer, Daikin Industries Ltd., The Chemours Company, and other players.

Market Segmentation:

By Type

  • PTFE

  • FEP

  • PFA/MFA

  • ETFE

  • Others

By Form

  • Granular/Suspension

  • Fine Powder & Dispersion

  • Micropowder

By Application

  • Coatings & Liners

  • Components

  • Films

  • Additives

  • Others

By End-use Industry

  • Industrial Processing

    • Chemical processing

    • Oil & Gas

    • Power Plants

    • Water Treatment

    • Food Processing

  • Transportation
    • Automotive
    • Aerospace
  • Electrical & Electronics
    • Telecommunication
    • Semiconductors
    • Electronic Components
    • Defense Electronics
  • Medical

    • Medical Devices

    • Pharmaceutical & Biotechnology

    • Others

  • Building & Construction

  • Consumer Household

High-Performance Fluoropolymers Market Segment Pie Chart

Regional Analysis:

Due to highly populated nations such as China and India, as well as the presence of the great majority of high performance fluoropolymer producers in the area, Asia-Pacific is expected to be the largest and fastest-growing market for high performance fluoropolymer throughout the projected period. Due to the presence of a huge base of automotive, chemical, electronics, and medical sectors, China is considered to be the largest market in the Asia-Pacific region. The growing demand for high-performance fluoropolymers in the region is being fueled by an increase in the production of electronics and autos. During the projected period, North America and Europe are expected to offer significant growth prospects.

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

High-Performance Fluoropolymers Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 3.84 Billion
Market Size by 2028 US$ 6.14 Billion
CAGR CAGR of 6.9% 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 (PTFE, FEP, PFA/MFA, ETFE, Others)
• By Form (Granular/Suspension, Fine Powder & Dispersion, Micropowder)
• By Application (Coatings & Liners, Components, Films, Additives, 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 Gujarat Fluorochemicals Limited (GFL), AGC Inc., OJSC, The 3M Company, China Reform Culture Holdings Co., Ltd., Solvay S.A., Dongyue Group, Hubei Everflon Polymer Co. Ltd., Halopolymer, Daikin Industries Ltd., The Chemours Company, and other players.
DRIVERS • Increasing demand for light weight parts in aviation & automobile sector
• Easy Manufacturing and cost efficient
• Nonstick cookware is becoming increasingly popular.
Restraints • Higher cost of high performance fluoropolymes


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: Transportation, electrical & electronics, medical, food processing, chemical processing, oil & gas, power plants, and building & construction are just a few of the end-use sectors that use HPF. They're employed in industrial processing when a high level of temperature and chemical resistance is required to complete the task. As a result of the ongoing pandemic, industrial production has been severely impacted all around the world. Workforce limitations, logistical challenges, material scarcity, and other factors have all hampered the industry's growth. COVID-19 has given the industrial and manufacturing sectors around the world a new working environment.  Government restrictions on the amount of individuals who can congregate in one place have had a significant impact on the industry.

 

Ans: Increasing demand for light weight parts in aviation & automobile sector, Easy Manufacturing and cost efficient and Nonstick cookware is becoming increasingly popular are the drivers for High-Performance Fluoropolymers Market.

Ans: High-Performance Fluoropolymers Market Size was valued at USD 3.84 billion in 2021, and expected to reach USD 6.14 billion by 2028, and grow at a CAGR of  6.9 %

 


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.High-Performance Fluoropolymers Market Segment, By Type

8.1 PTFE

8.2 FEP

8.3 PFA/MFA

8.4 ETFE

8.5 Others

 

9.High-Performance Fluoropolymers Market Segment, By Form

9.1 Granular/Suspension

9.2 Fine Powder & Dispersion

9.3 Micropowder

 

10.High-Performance Fluoropolymers Market Segment, By Application

10.1 Coatings & Liners

10.2 Components

10.3 Films

10.4 Additives

10.5 Others

 

11.High-Performance Fluoropolymers Market Segment, By End-use Industry

11.1 Industrial Processing

11.1.1 Chemical processing

11.1.2 Oil & Gas

11.1.3 Power Plants

11.1.4 Water Treatment

11.1.5 Food Processing

11.2 Transportation

11.2.1 Automotive

11.2.2 Aerospace

11.3 Electrical & Electronics

11.3.1 Telecommunication

11.3.2 Semiconductors

11.3.3 Electronic Components

11.3.4 Defense Electronics

11.4 Medical

11.4.1 Medical Devices

11.4.2 Pharmaceutical & Biotechnology

11.5 Others

11.5.1 Building & Construction

11.5.2 Consumer Household

 

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 Gujarat Fluorochemicals Limited (GFL)

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 AGC Inc.

13.3 OJSC

13.4 The 3M Company

13.5 China Reform Culture Holdings Co., Ltd.

13.6 Solvay S.A.

13.7 Dongyue Group

13.8 Gujarat Fluorochemicals Limited (GFL)

13.9 Hubei Everflon Polymer Co. Ltd.

13.10 Halopolymer

13.11 Daikin Industries, Ltd.

13.12 The Chemours Company

 

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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