Global ETFE Market was valued at US$ 327.6 Mn in 2017 and is expected to reach US$ 626.5Mn by 2026, at a CAGR of 8.44 % during a forecast period.
The fast growing construction and building industry helps in the growth of global ETFE market. There is positive advantage of the use of ETFE instead of glass. The thrermal properties of ETFE is another driver to the global ETFE market. These include low melting point and wide range of thermal stability. The use of ETFEfor the production of acid and base resistant injection product is another driving factor to the global ETFE market. However environmental damage caused by the construction of ETFE based has led the administerative agencies to impose and strict principles on key market participants whichare the cause for the potential downfall of the global market. Based on type segment ,the pellet/granule segment is expected to holdlargest market share during forecast period. Ethylene tetrafluoroethylene particles are extensively used in the alkali-resistant injection products and acid-resistantcables & electric wires, andvalve lining, spray painting. Ethylene tetrafluoroethylene in granular form is extruded into films & sheets and wires & cables, which are then used by various end-use industries like aerospace, automotive, architecture and chemical processing. On the basis of technology segment, the injection technology segment is projected to grow highest CAGR during forecast period. Ethylene tetrafluoroethylene resins can be treated at a widespread range of temperatures because of their better thermal permanency and low melting points using the conservative injection molding techniques. Ethylene tetrafluoroethylene mastics are also strong to ultraviolet rays, making them suitable for outdoor applications.
In terms of region, The Asia Pacific ETFE market is estimated to grow at the highest CAGR during the forecast period, in terms of both, volume and value. The growth of the market in the Asia Pacific region is because of the easy availability of cheap labor and raw materials in the region. Furthermore, the growing economy of countries likeTaiwan, China, Indonesia, and India is also attracting new foreign investments in these countries, thereby leading to the development of various end-use industries in the Asia Pacific region. In calculation, the formulation and implementation of various policies mandating the use of environment-friendly products have led to innovations in the ethylene tetrafluoroethylene industry of the region. However, high capital investments and requirement of a qualified workforce for carrying out operations related to ethylene tetrafluoroethylene are projected to restrain the growth of the global ETFE market in the Asia Pacific region. The report offers a complete estimation of the market. It prepares so via detailed qualitative insights, historical data, and verifiable projections about market size. The estimates featured in the report have been derived using proven research organizations and expectations. By responsibility so, the research report serves as a repository of analysis and information for every facet of the market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding PU Films dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in laboratory proficiency testing.
Scope of Global ETFE Market
Global ETFE Market, by Type
• Pellet/Granule
• Powder
Global ETFE Market, by Technology
• Extrusion Molding
• Injection Molding
• Others
Global ETFE Market, by Application
• Films & Sheets
• Wires & Cables
• Tubes
• Coatings
• Others
Global ETFE Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global ETFE Market
• Asahi Glass Company
• Daikin Industries, Ltd.
• The Chemours Company
• 3M • Quadrant AG
• Guangzhou Lichang Fluoroplastics Co. Ltd.
• Hubei Everflon Polymer Co. Ltd.
• Ensinger GmbH
• Vector Foiltec
• Daikin Industries Limited
• Dyneon GMBH
• Asahi Glass Company
• Quadrant AG
• Guangzhou Lichang Fluoroplastics Co. Ltd
• Hubei Everflon Polymer Company Limited
• Ensinger GMBH
• The Chemours Company
• 3M
• Vector Foiltec Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact Us:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH
Email: sales@maximizemarketresearch.com
Contact: +91 9607365656
