The Worldwide High-Performance Fluoropolymers Industry is

2022-05-28 08:17:14 By : Mr. Allen Shi

May 02, 2022 07:03 ET | Source: Research and Markets Research and Markets

Dublin, May 02, 2022 (GLOBE NEWSWIRE) -- The "Global High-Performance Fluoropolymers Market by Type(PTFE, FEP, PFA/MFA, ETFE), Form(Granular, Fine Powder & Dispersion), Application, End-use Industry(Industrial Processing, Transportation, Electrical & Electronics, Medical) & Region - Forecast to 2026" report has been added to's offering. The global high-performance fluoropolymers (HPF) market size is estimated to be USD 3.7 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 6.8%.

This growth is attributed to HPF's growing number of applications in various industries. Also, expansion across end-use industries is further driving the industry for HPF globally. Rapid adoption of 5G Connectivity, advancements in the designing of electronic components, and rising need of hybrid and compact engines for automobiles are also among the major drivers of the HPF consumption. PTFE accounted for the largest share in total HPF market PTFE is the most widely used type of HPF and accounted for the largest market share. There is an increase in the use of dispersion and fine powder PTFE, for various applications, especially in North America and APAC. It is used in a wide range of applications such as semiconductor, automotive components, electrical appliances, and non-stick cookware. The growing applications in the electrical & electronics industry are expected to trigger the demand for PTFE, especially in advanced batteries and fuel cells. Granular form accounted for the largest market share HPF market is segmented into various forms such as suspension/granules, Fine powder & dispersion, and micropowder. HPF in the form of suspension/granules dominate the market. HPF exhibit excellent properties, such as good insulation, low surface energies, and high resistance to oils, UV radiation, chemicals, water, and corrosion. Granular fluoropolymers are processed by compression and sintering to make parts directly or to make billets suitable for machining. HPF in the form of granules are ideal for manufacturing high-performance mechanical/electrical products requiring excellent end-use performance such as skived tapes, films, sheets, machined gaskets, expansion joints, bellows, piston rings, and diaphragms. Suitability of granular form of HPF in the manufacturing of various components is a major reason for the large market size. Coatings & liners accounted for the largest market share HPF market is segmented on the basis of applications as coatings & liners, components, films, and additives. The market in coatings & liners is estimated to account for the largest share during the forecast period. HPF coatings and liners are used to overcome the challenges of protecting large and complex containment vessels and related piping systems. Coatings & liners offer corrosion, abrasion, and wear resistance while maintaining non-stick and high purity characteristics. Electronic & Electricals segment accounted for the largest market share HPF market is segmented on the basis of end-use industry as industrial processing, transportation, medical, electrical & electronics, and others. The increased usage of HPF in wire coatings, cable coatings, fiber optics, and electrical systems in aircraft, computers, and other applications. Asia Pacific is the largest HPF market globally In 2020, Asia Pacific accounted for the largest share in the global HPF market. Leading manufacturers and exporters of medical & pharmaceutical, electronics, automotive, and chemical products. The availability of cheap raw materials, low-cost labor, and presence of established end-use industries, such as chemical, oil & gas, transportation, and medical. China and India, have benefited the HPFs market, owing to increasing demand for high-quality medical, automotive, consumer, and electronic products. China, India, Japan, and South Korea are among the largest automobile producers globally, which creates demand on a regular basis for fluoropolymer products in the transportation industry. Presence of full-fledged end-use industries is the major demand driver for HPF in Asia Pacific. Key Topics Covered: 1 Introduction 2 Research Methodology

4 Premium Insights 4.1 Attractive Opportunities in High Performance Fluoropolymers Market 4.2 High Performance Fluoropolymers Market, by Type 4.3 High Performance Fluoropolymers Market, by Form 4.4 High Performance Fluoropolymers Market, by End-Use Industry 4.5 High Performance Fluoropolymers Market, by Major Countries 4.6 Asia-Pacific High Performance Fluoropolymers Market, by Type and End-Use Industry, 2020

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers High Growth in End-Use Industries Robust Growth in Pv Installation Emergence of Manufacturing Sector in Asia-Pacific 5.2.2 Restraints Higher Cost of High Performance Fluoropolymers Than Conventional Materials Environmental Sustainability 5.2.3 Opportunities Emerging Market for Melt-Processible Fluoropolymers 5.2.4 Challenges Difficulty in Processing High Performance Fluoropolymers Intense Price Competition from Chinese Manufacturers Use of Reprocessed Ptfe 5.3 Porter's Five Forces Analysis 5.4 Value Chain of High Performance Fluoropolymers 5.4.1 Raw Material Suppliers 5.4.2 High Performance Fluoropolymer Manufacturers 5.4.3 Compounders 5.4.4 Producers of Semi-Finished Goods 5.4.5 Oems 5.4.6 End-Users 5.5 Patent Analysis 5.5.1 Introduction 5.5.2 Methodology 5.5.3 Document Type 5.5.4 Publication Trends, Last 10 Years (2011-2021) 5.5.5 Insights 5.5.6 Legal Status of Patents 5.5.7 Jurisdiction Analysis 5.5.8 Top Companies/Applicants Patents by Daikin Industries, Ltd. Patents by W.L. Gore & Associates, Inc. Patents by Nitto Denko Corporation 5.5.9 Top 10 Patent Owners (Us) in Last 10 Years 5.6 Raw Material/Component Analysis 5.6.1 Fluorspar 5.6.2 Ethylene 5.6.3 Tertrafluoroethylene (Tfe) 5.7 Regulations Related to High Performance Fluoropolymers Market 5.7.1 Regulations in Medical Devices Market 5.7.2 Regulations in Water Treatment Market North America Clean Water Act Safe Drinking Water Act (Sdwa) 5.8 Trade Analysis 5.9 Ecosystem Mapping 5.10 Technology Analysis 5.10.1 5G Connectivity and High Performance Fluoropolymers 5.10.2 Electric Vehicle and High Performance Fluoropolymers 5.10.3 Advancements in Electronic Designs and High Performance Fluoropolymers 5.10.4 Energy Transition and High Performance Fluoropolymers 5.11 Trends/Disruptions Impacting Customers' Businesses 5.12 Macroeconomic Indicators 5.13 Pricing Trend Analysis 5.14 Impact of COVID-19 on High Performance Fluoropolymers Market 5.15 Key Conferences & Events in 2022-2023 5.16 Case Study Analysis 5.16.1 Air Frohlich Using Teflon Film for Heat Exchangers 5.16.2 Ptfe Coatings for Aerospace Components

6 High Performance Fluoropolymers Market, by Type 6.1 Introduction 6.2 Ptfe 6.2.1 Growing Applications in Various End-Use Industries to Drive Ptfe Market 6.3 Fep 6.3.1 Melt-Processability and Anti-Corrosion Properties to Drive Market 6.4 Pfa/Mfa 6.5 Etfe 6.6 Others

7 High Performance Fluoropolymers Market, by Form 7.1 Introduction 7.1.1 Granular/Suspension 7.1.2 Fine Powder & Dispersion 7.1.3 Fine Powder/Coagulated Dispersions (Cd) 7.1.4 Aqueous Dispersions (Ad)

8 High Performance Fluoropolymers Market, by End-Use Industry 8.1 Introduction 8.2 Electrical & Electronics 8.2.1 Telecommunication Growth in Consumption of Wire & Cable in Telecommunication Sector Fuels Demand for Hpf 8.2.2 Semiconductors Hpf Films Have Increased Demand in Semiconductor Coatings 8.2.3 Electronic Components Increasing Use of Hpf Coatings in Electronic Components 8.2.4 Defense Electronics Growing Spending on Defense Projects Bolster Demand for Hpf 8.3 Industrial Processing 8.3.1 Chemical Processing Excellent Resistance to Aggressive Chemicals Drive Demand for Hpf 8.3.2 Oil & Gas High Consumption of Seals, Gaskets, Encapsulation, Power Cables, and Tubing Propel Market 8.3.3 Power Plants High Growth Opportunities in Renewable Energy to Drive the Market 8.3.4 Water Treatment Expansion in Emerging Markets to Propel Demand 8.3.5 Food Processing High Chemical and Heat Resistance of Hpf Suitable for Use in Food Processing Industry 8.4 Transportation 8.4.1 Automotive Growth in Production of Automobiles and Rising Demand for Evs to Drive Market 8.4.2 Aerospace Growing Production of Aircraft in Europe and North America to Drive Demand for Hpf 8.5 Medical 8.5.1 Medical Devices Increased Consumption of Prosthesis to Boost Consumption 8.5.2 Pharmaceutical & Biotechnology Hpf is Used in Pharmaceutical Products due to Its Chemical Inertness 8.6 Others 8.6.1 Building & Construction 8.6.2 Consumer Household

9 High Performance Fluoropolymers Market, by Application 9.1 Introduction 9.1.1 Coatings & Liners Growing Demand from Various End-Use Industries to Drive Market for Hpf Coatings & Liners 9.1.2 Components Melt-Processability and High Chemical Inertness Properties to Drive Market 9.1.3 Films Increasing Demand from Building & Construction Industry is Driving Market for Hpf Films 9.1.4 Additives Increasing Demand from Asia-Pacific, Europe, and North America is Driving Demand for Hpv Additives 9.1.5 Others

10 High Performance Fluoropolymers Market, by Region

11 Competitive Landscape 11.1 Revenue Analysis 11.1.1 High Performance Fluoropolymers Market 11.2 Market Ranking 11.2.1 Agc, Inc. 11.2.2 Daikin Industries 11.2.3 The Chemours Company 11.2.4 Gujarat Fluorochemicals Limited 11.2.5 3M 11.3 Competitive Evaluation Quadrant (Tier 1) 11.3.1 Terminology/Nomenclature Star Pervasive Emerging Leader 11.3.2 Strength of Product Portfolio 11.3.3 Business Strategy Excellence 11.4 Market Evaluation Matrix 11.5 Competitive Evaluation Quadrant (Small and Medium Enterprises) 11.5.1 Terminology/Nomenclature Progressive Companies Responsive Companies Dynamic Companies 11.5.2 Strength of Product Portfolio (Sme's) 11.5.3 Business Strategy Excellence (Sme's) 11.5.4 Company Footprint 11.5.5 Company Type Footprint 11.5.6 Company End-Use Footprint 11.5.7 Company Region Footprint 11.6 Competitive Scenario and Trends 11.6.1 High Performance Fluoropolymers Market Product Launches Deals Others

12 Company Profiles 12.1 Major Players 12.1.1 Agc, Inc. 12.1.2 Daikin Industries 12.1.3 The Chemours Company 12.1.4 Gfl Limited 12.1.5 3M 12.1.6 Dongyue Group 12.1.7 Fluoroseals Spa 12.1.8 Hubei Everflon Polymer 12.1.9 Halopolymer 12.1.10 Solvay 12.2 Other Players 12.2.1 Bitrez 12.2.2 Chenguang Research Institute of Chemical Industry 12.2.3 Fluorocarbon 12.2.4 Guangzhou Fluoroplastics Co., Ltd 12.2.5 Hindustan Fluorocarbons Limited 12.2.6 In2Plastics 12.2.7 Jiangsu Meilan Chemical Co. Ltd. 12.2.8 Juhua Group Corporation 12.2.9 Polyflon Technology Limited 12.2.10 Rochling Group 12.2.11 Rtp Company 12.2.12 Shandong Hengyi New Material Technology Co., Ltd. 12.2.13 Shamrock Technologies 12.2.14 Techmer Pm 12.2.15 Zibo Bainaisi Chemical Co., Ltd.

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