Market Overview:
The global FEP resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for FEP resin from various end-use industries, such as automotive & transportation, electrical & electronics, chemical processing, industrial equipment and others. In terms of type, the extrusion grade segment is expected to hold a major share of the global FEP resin market during the forecast period. This can be attributed to its properties such as high thermal stability and low coefficient of friction which make it suitable for use in various applications across different industries.
Product Definition:
FEP resin is a type of fluoropolymer that is used in a variety of applications, including wire and cable insulation, medical tubing and lab apparatus, and as a coating for food preparation surfaces. FEP is prized for its resistance to heat, chemicals, wear and tear, and UV radiation. Additionally, FEP has low friction properties which make it ideal for use in moving parts.
Extrusion Grade:
Extrusion grade is a specific type of plastic resin that is extruded in the form of fibers. These fibers are then further processed to obtain desired products such as filtration membranes, cable insulation, and automotive components among others. The product has gained significant demand from end-use industries owing to properties such as high tensile strength and abrasion resistance along with low water absorption rate.
Injection Grade:
Injection grade is a high purity form of the product which is used in the production of optical and electrical materials. It contains no additives or fillers and has been purified to remove trace impurities. The major application areas include electronics, optoelectronics, photonics, aerospace & defense are some examples where Injection Grade FEP resins find their use.
Application Insights:
Automotive & transportation was the largest application segment in 2016, accounting for over 30% of the overall demand. Rising sales of passenger cars and light commercial vehicles are expected to propel market growth over the forecast period. The expansion of automobile manufacturing industry in China, India and Russia is likely to provide a major boost to product demand from 2017 on account of increasing automotive production output by these countries.
The electrical & electronics segment accounted for 20% share in 2016 and is expected to witness significant growth owing to rising product applications across various end-use industries such as consumer electronics, solar panels etc., which require excellent heat resistance properties FEP resin provides better results than other plastics used previously such as PVC or PE.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are experiencing strong economic growth owing to various factors such as low population density, high labor cost and rapid industrialization & urbanization.
China emerged as a major consumer of FEP resins in Asia Pacific due to strong economic growth coupled with rising automotive production in the country. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive regional product demand over the forecast period.
Europe accounted for more than 20% of global volume share in 2017 on account of rising application scope from various end-use industries across Germany, U.K., France and Italy among other countries within Europe region will have a positive impact on industry development over next few years).
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Rising demand for lightweight and durable materials in automotive sector
- Growing consumption of FEP resin in medical applications
- Increasing use of FEP resin in optical fiber cables
- Rising popularity of fluoropolymer films
Scope Of The Report
Report Attributes
Report Details
Report Title
FEP Resin Market Research Report
By Type
Extrusion Grade, Injection Grade
By Application
Automotive & Transportation, Electrical & Electronics, Chemical Processing, Industrial Equipment, Others
By Companies
DAKIN, M Company, AGC Corporation, Shanghai 3F New Materials Technology, Dongyue Group, Zhejiang Juhua, DuPont, HaloPolymer OJSC, Saint-Gobain, Hoechst Celanese
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global FEP Resin Market Report Segments:
The global FEP Resin market is segmented on the basis of:
Types
Extrusion Grade, Injection Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive & Transportation, Electrical & Electronics, Chemical Processing, Industrial Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAKIN
- M Company
- AGC Corporation
- Shanghai 3F New Materials Technology
- Dongyue Group
- Zhejiang Juhua
- DuPont
- HaloPolymer OJSC
- Saint-Gobain
- Hoechst Celanese
Highlights of The FEP Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extrusion Grade
- Injection Grade
- By Application:
- Automotive & Transportation
- Electrical & Electronics
- Chemical Processing
- Industrial Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FEP Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FEP resin is a type of thermoplastic that is used in the manufacturing of a variety of products. It is most commonly used in the production of food packaging, such as boxes and cans. FEP resin can also be found in other applications, such as automotive parts and medical devices.
Some of the key players operating in the fep resin market are DAKIN, M Company, AGC Corporation, Shanghai 3F New Materials Technology, Dongyue Group, Zhejiang Juhua, DuPont, HaloPolymer OJSC, Saint-Gobain, Hoechst Celanese.
The fep resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 FEP Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 FEP Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FEP Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the FEP Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global FEP Resin Market Size & Forecast, 2020-2028
4.5.1 FEP Resin Market Size and Y-o-Y Growth
4.5.2 FEP Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Extrusion Grade
5.2.2 Injection Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive & Transportation
6.2.2 Electrical & Electronics
6.2.3 Chemical Processing
6.2.4 Industrial Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FEP Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 FEP Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Extrusion Grade
9.6.2 Injection Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive & Transportation
9.10.2 Electrical & Electronics
9.10.3 Chemical Processing
9.10.4 Industrial Equipment
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Extrusion Grade
10.6.2 Injection Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive & Transportation
10.10.2 Electrical & Electronics
10.10.3 Chemical Processing
10.10.4 Industrial Equipment
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Extrusion Grade
11.6.2 Injection Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive & Transportation
11.10.2 Electrical & Electronics
11.10.3 Chemical Processing
11.10.4 Industrial Equipment
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Extrusion Grade
12.6.2 Injection Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive & Transportation
12.10.2 Electrical & Electronics
12.10.3 Chemical Processing
12.10.4 Industrial Equipment
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Extrusion Grade
13.6.2 Injection Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive & Transportation
13.10.2 Electrical & Electronics
13.10.3 Chemical Processing
13.10.4 Industrial Equipment
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 FEP Resin Market: Competitive Dashboard
14.2 Global FEP Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DAKIN
14.3.2 M Company
14.3.3 AGC Corporation
14.3.4 Shanghai 3F New Materials Technology
14.3.5 Dongyue Group
14.3.6 Zhejiang Juhua
14.3.7 DuPont
14.3.8 HaloPolymer OJSC
14.3.9 Saint-Gobain
14.3.10 Hoechst Celanese
