Global Fluoroethylene Propylene Market Outlook to 2026
1. Executive Summary
2. Research Scope and Methodology
- 2.1 Aim & Objective of the study
- 2.2 Market Definition
- 2.3 Study Information
- 2.4 General Study Assumptions
- 2.5 Research Phases
3. Market Analysis
- 3.1 Introduction
- 3.2 Market Dynamics
- 3.2.1 Drivers
- 3.2.2 Restraints
- 3.3 Market Trends & Developments
- 3.4 Market Opportunities
- 3.5 Feedstock Analysis
- 3.6 Trade Scenario
- 3.7 Price Trend Analysis
- 3.8 Regulatory Policies
- 3.9 Analysis of Covid-19 Impact
4. Industry Analysis
- 4.1 Supply Chain Analysis
- 4.2 Porter’s Five Forces Analysis
- 4.2.1 Competition in the Industry
- 4.2.2 Potential of New Entrants into the Industry
- 4.2.3 Bargaining Power of Suppliers
- 4.2.4 Bargaining Power of Consumers
- 4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
- 5.1 By Product Type
- 5.1.1 Films & Sheets
- 5.1.2 Pellets & Granules
- 5.1.3 Tubes
- 5.1.4 Coatings
- 5.1.5 Other Product Types
- 5.2 By Application
- 5.2.1 Cookware & Food Processing
- 5.2.2 Chemical Processing
- 5.2.3 Oil & Gas
- 5.2.4 Electrical and Electronics
- 5.2.5 Medical
- 5.2.6 Other Applications
6. Regional Market Analysis
- 6.1 North America
- 6.1.1 United States
- 6.1.2 Canada
- 6.1.3 Mexico
- 6.2 Europe
- 6.2.1 Germany
- 6.2.2 United Kingdom
- 6.2.3 Italy
- 6.2.4 France
- 6.2.5 Spain
- 6.2.6 Rest of Europe
- 6.3 Asia-Pacific
- 6.3.1 China
- 6.3.2 India
- 6.3.3 Japan
- 6.3.4 South Korea
- 6.3.5 Australia
- 6.3.6 Rest of Asia-Pacific
- 6.4 South America
- 6.4.1 Brazil
- 6.4.2 Argentina
- 6.4.3 Rest of South America
- 6.5 Middle East & Africa
- 6.5.1 South Africa
- 6.5.2 Saudi Arabia
- 6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
- 7.1 3M
- 7.2 Daikin Industries Ltd.
- 7.3 Dow
- 7.4 Saint-Gobain Performance Plastics
- 7.5 Shanghai 3F New Materials Co. Ltd
- 7.6 AMETEK Inc.
- 7.7 AGC Inc.
- 7.8 Holscot Fluoroplastics
- 7.9 Hubei Everflon Polymer Co., Ltd.
- 7.10 INOFLON
- 7.11 Li Chang Technology (Ganzhou) Co. Ltd
- 7.12 Merck KGaA
- 7.13 Polyfluor Plastics bv.
- 7.14 RTP Company
- 7.15 Solvay
- 7.16 The Chemours Company
- 7.17 Zeus Industrial Products, Inc.
- 7.18 Juhua Corporation
- 7.19 Dongyue Group
- 7.20 Whitford*List of companies is not exhaustive
8. Competitive Landscape
- 8.1 List of Notable Players in the Market
- 8.2 M&A, JV, and Agreements
- 8.3 Market Share Analysis
- 8.4 Strategies of Key Players
9. Conclusions and Recommendations
Fluoroethylene Propylene (FEP) is a synthetic elastomer produced by the copolymerization reaction of tetrafluoroethylene and hexafluoropropylene. FEP exhibits properties such as high dielectric strength, flexibility & corrosion resistance and is thereby used as coating films in electronic & electrical, household automotive, and chemical industries.
According to BlueQuark Research & Consulting, the global Fluoroethylene Propylene market is expected to witness a significant growth rate during the forecast period. The major factors responsible for the growth of the global Fluoroethylene Propylene market are the increasing demand from aerospace, food processing, chemical processing, and electrical & electronics industries. Growing power demand, awareness of renewable energy, and decreasing solar energy prices are the key drivers of the Fluoroethylene Propylene market. However, fluctuations in petroleum feedstock prices and shifting paradigms towards bio-based polymers is expected to restrain the Fluoroethylene Propylene market.
Asia-Pacific region is projected to dominate the Global Fluoroethylene Propylene market. The demand for FEP in this region is mainly due to the robust electronic manufacturing base present in Taiwan, South Korea, Japan, and China.
Films & Sheets hold the largest market share in the product segment of the Global Fluoroethylene Propylene market. The demand for films & sheets is witnessing massive growth in protective linings, chemical and medical equipment, and extruded insulation and glazing film for solar panels application as they exhibit high temperature and chemical resistance, non-stick properties, and superior dielectric performance.
In terms of segmentation by the End-user Industry, the Automotive Industry is projected to dominate the Global Fluoroethylene Propylene market. The growth of the automotive industry segment can be attributed to the usage of FEP granules in brake line tubing used in vehicles and is widely deployed to boost coolant circulation.
The Global Fluoroethylene Propylene market is partially consolidated. Major companies in the market were found to be 3M, Dow, Daikin Industries Ltd., Shanghai 3F New Materials Co. Ltd, Saint-Gobain Performance Plastics, and INOFLON, among others.
Global Fluoroethylene Propylene Market report provides deep insight into the Fluoroethylene Propylene market's current and future state across various regions. The study comprehensively analyzes the Fluoroethylene Propylene market by segmenting based on Product Type (Films & Sheets, Tubes, Pellets & Granules, Coatings, and Other Product Types), Application (Cookware & Food Processing, Electrical & Electronics, Chemical Processing, Oil & Gas, Medical, and Other Applications), and Geography (Europe, Asia-Pacific, North America, South America, and Middle-East & Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market’s growth, in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with major companies' profiles, including their market shares and projects.