The Worldwide High

Global High-Performance Fluoropolymers Market

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 ResearchAndMarkets.com'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 marketPTFE 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 shareHPF 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 shareHPF 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 shareHPF 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 globallyIn 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

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities in High Performance Fluoropolymers Market4.2 High Performance Fluoropolymers Market, by Type4.3 High Performance Fluoropolymers Market, by Form4.4 High Performance Fluoropolymers Market, by End-Use Industry4.5 High Performance Fluoropolymers Market, by Major Countries4.6 Asia-Pacific High Performance Fluoropolymers Market, by Type and End-Use Industry, 2020

5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 High Growth in End-Use Industries5.2.1.2 Robust Growth in Pv Installation5.2.1.3 Emergence of Manufacturing Sector in Asia-Pacific5.2.2 Restraints5.2.2.1 Higher Cost of High Performance Fluoropolymers Than Conventional Materials5.2.2.2 Environmental Sustainability5.2.3 Opportunities5.2.3.1 Emerging Market for Melt-Processible Fluoropolymers5.2.4 Challenges5.2.4.1 Difficulty in Processing High Performance Fluoropolymers5.2.4.2 Intense Price Competition from Chinese Manufacturers5.2.4.3 Use of Reprocessed Ptfe5.3 Porter's Five Forces Analysis5.4 Value Chain of High Performance Fluoropolymers5.4.1 Raw Material Suppliers5.4.2 High Performance Fluoropolymer Manufacturers5.4.3 Compounders5.4.4 Producers of Semi-Finished Goods5.4.5 Oems5.4.6 End-Users5.5 Patent Analysis5.5.1 Introduction5.5.2 Methodology5.5.3 Document Type5.5.4 Publication Trends, Last 10 Years (2011-2021)5.5.5 Insights5.5.6 Legal Status of Patents5.5.7 Jurisdiction Analysis5.5.8 Top Companies/Applicants5.5.8.1 Patents by Daikin Industries, Ltd.5.5.8.2 Patents by W.L. Gore & Associates, Inc.5.5.8.3 Patents by Nitto Denko Corporation5.5.9 Top 10 Patent Owners (Us) in Last 10 Years5.6 Raw Material/Component Analysis5.6.1 Fluorspar5.6.2 Ethylene5.6.3 Tertrafluoroethylene (Tfe)5.7 Regulations Related to High Performance Fluoropolymers Market5.7.1 Regulations in Medical Devices Market5.7.2 Regulations in Water Treatment Market5.7.2.1 North America5.7.2.1.1 Clean Water Act5.7.2.1.2 Safe Drinking Water Act (Sdwa)5.8 Trade Analysis5.9 Ecosystem Mapping5.10 Technology Analysis5.10.1 5G Connectivity and High Performance Fluoropolymers5.10.2 Electric Vehicle and High Performance Fluoropolymers5.10.3 Advancements in Electronic Designs and High Performance Fluoropolymers5.10.4 Energy Transition and High Performance Fluoropolymers5.11 Trends/Disruptions Impacting Customers' Businesses5.12 Macroeconomic Indicators5.13 Pricing Trend Analysis5.14 Impact of COVID-19 on High Performance Fluoropolymers Market5.15 Key Conferences & Events in 2022-20235.16 Case Study Analysis5.16.1 Air Frohlich Using Teflon Film for Heat Exchangers5.16.2 Ptfe Coatings for Aerospace Components

6 High Performance Fluoropolymers Market, by Type6.1 Introduction6.2 Ptfe6.2.1 Growing Applications in Various End-Use Industries to Drive Ptfe Market6.3 Fep6.3.1 Melt-Processability and Anti-Corrosion Properties to Drive Market6.4 Pfa/Mfa6.5 Etfe6.6 Others

7 High Performance Fluoropolymers Market, by Form7.1 Introduction7.1.1 Granular/Suspension7.1.2 Fine Powder & Dispersion7.1.3 Fine Powder/Coagulated Dispersions (Cd)7.1.4 Aqueous Dispersions (Ad)

8 High Performance Fluoropolymers Market, by End-Use Industry8.1 Introduction8.2 Electrical & Electronics8.2.1 Telecommunication8.2.1.1 Growth in Consumption of Wire & Cable in Telecommunication Sector Fuels Demand for Hpf8.2.2 Semiconductors8.2.2.1 Hpf Films Have Increased Demand in Semiconductor Coatings8.2.3 Electronic Components8.2.3.1 Increasing Use of Hpf Coatings in Electronic Components8.2.4 Defense Electronics8.2.4.1 Growing Spending on Defense Projects Bolster Demand for Hpf8.3 Industrial Processing8.3.1 Chemical Processing8.3.1.1 Excellent Resistance to Aggressive Chemicals Drive Demand for Hpf8.3.2 Oil & Gas8.3.2.1 High Consumption of Seals, Gaskets, Encapsulation, Power Cables, and Tubing Propel Market8.3.3 Power Plants8.3.3.1 High Growth Opportunities in Renewable Energy to Drive the Market8.3.4 Water Treatment8.3.4.1 Expansion in Emerging Markets to Propel Demand8.3.5 Food Processing8.3.5.1 High Chemical and Heat Resistance of Hpf Suitable for Use in Food Processing Industry8.4 Transportation8.4.1 Automotive8.4.1.1 Growth in Production of Automobiles and Rising Demand for Evs to Drive Market8.4.2 Aerospace8.4.2.1 Growing Production of Aircraft in Europe and North America to Drive Demand for Hpf8.5 Medical8.5.1 Medical Devices8.5.1.1 Increased Consumption of Prosthesis to Boost Consumption8.5.2 Pharmaceutical & Biotechnology8.5.2.1 Hpf is Used in Pharmaceutical Products due to Its Chemical Inertness8.6 Others8.6.1 Building & Construction8.6.2 Consumer Household

9 High Performance Fluoropolymers Market, by Application9.1 Introduction9.1.1 Coatings & Liners9.1.1.1 Growing Demand from Various End-Use Industries to Drive Market for Hpf Coatings & Liners9.1.2 Components9.1.2.1 Melt-Processability and High Chemical Inertness Properties to Drive Market9.1.3 Films9.1.3.1 Increasing Demand from Building & Construction Industry is Driving Market for Hpf Films9.1.4 Additives9.1.4.1 Increasing Demand from Asia-Pacific, Europe, and North America is Driving Demand for Hpv Additives9.1.5 Others

10 High Performance Fluoropolymers Market, by Region

11 Competitive Landscape11.1 Revenue Analysis11.1.1 High Performance Fluoropolymers Market11.2 Market Ranking11.2.1 Agc, Inc.11.2.2 Daikin Industries11.2.3 The Chemours Company11.2.4 Gujarat Fluorochemicals Limited11.2.5 3M11.3 Competitive Evaluation Quadrant (Tier 1)11.3.1 Terminology/Nomenclature11.3.1.1 Star11.3.1.2 Pervasive11.3.1.3 Emerging Leader11.3.2 Strength of Product Portfolio11.3.3 Business Strategy Excellence11.4 Market Evaluation Matrix11.5 Competitive Evaluation Quadrant (Small and Medium Enterprises)11.5.1 Terminology/Nomenclature11.5.1.1 Progressive Companies11.5.1.2 Responsive Companies11.5.1.3 Dynamic Companies11.5.2 Strength of Product Portfolio (Sme's)11.5.3 Business Strategy Excellence (Sme's)11.5.4 Company Footprint11.5.5 Company Type Footprint11.5.6 Company End-Use Footprint11.5.7 Company Region Footprint11.6 Competitive Scenario and Trends11.6.1 High Performance Fluoropolymers Market11.6.1.1 Product Launches11.6.1.2 Deals11.6.1.3 Others

12 Company Profiles12.1 Major Players12.1.1 Agc, Inc.12.1.2 Daikin Industries12.1.3 The Chemours Company12.1.4 Gfl Limited12.1.5 3M12.1.6 Dongyue Group12.1.7 Fluoroseals Spa12.1.8 Hubei Everflon Polymer12.1.9 Halopolymer12.1.10 Solvay12.2 Other Players12.2.1 Bitrez12.2.2 Chenguang Research Institute of Chemical Industry12.2.3 Fluorocarbon12.2.4 Guangzhou Fluoroplastics Co., Ltd12.2.5 Hindustan Fluorocarbons Limited12.2.6 In2Plastics12.2.7 Jiangsu Meilan Chemical Co. Ltd.12.2.8 Juhua Group Corporation12.2.9 Polyflon Technology Limited12.2.10 Rochling Group12.2.11 Rtp Company12.2.12 Shandong Hengyi New Material Technology Co., Ltd.12.2.13 Shamrock Technologies12.2.14 Techmer Pm12.2.15 Zibo Bainaisi Chemical Co., Ltd.

13 Appendix

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Global High-Performance Fluoropolymers Market