Market Overview:
The global high purity fluoropolymer (PFA) market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high purity fluoropolymers from various end-use industries, such as pharmaceuticals, chemicals, electronics & electricals, semiconductors, automotive and food & beverage. In addition, the growing demand for high purity fluoropolymers in emerging economies is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, PFA can be classified into pharmaceutical grade PFA (PG-PFA), chemical grade PFA (CG-PFA), electronic & electrical grade PFA (EEG-PFA), semiconductor grade Pfa (SG-Pfa) and automotive grade PFa(AG-PFa). PG -PFAs are used extensively across various applications owing to their superior properties as compared with other grades of PFAs. On account on application wise; pipe and tubing accounted for majority share in 2017 and it is projected that molded parts will witness highest CAGR over next few years owing rising useage across medical devices industry . Electric wires segment is also anticipated witness significant gains due its extensive useage electric vehicles . In terms regional analysis , North America held largest revenue share followed by Europe region in 2017 .
Product Definition:
A fluoropolymer is a high-purity polymer made from one or more fluorine-containing monomers. Fluoropolymers are noted for their extremely low friction and nonstick properties, as well as their chemical and thermal stability. They are used in a wide variety of applications, including coatings, seals and gaskets, medical devices, electrical insulation, and aerospace components.
Pharmaceutical:
Pharmaceutical is a part of healthcare industry and it's usage in PFA market can be major driver for growth. Pharmaceutical is used to treat diseases like cancer, arthritis, etc. Fluoropolymer has many medical uses such as bone healing, blood & tissue engineering and dental applications due to its property of binding with certain proteins.
Chemical:
Chemical and it's usage in High Purity Fluoropolymer (PFA) market: The global chemical industry is expected to witness significant growth over the forecast period owing to increasing demand for various chemicals across end-use industries such as automotive, construction, electrical & electronics, medical devices manufacturing and consumer goods. Chemical industry growth coupled with rising population along with rapid urbanization has been driving the global economic growth.
Application Insights:
Pipe and tubing was the largest application segment in 2016, accounting for over 40% of the global market. Increasing demand for fluoropolymer products in manufacturing pipes and tubing is expected to drive growth over the forecast period.
The product has a wide range of applications including molded parts, valves, linings and wires & cables among others. The molding process uses heat and pressure to create one-piece parts from polymers like plastics or rubber.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the presence of major fluoropolymer manufacturers such as Eastman Chemical Co., and Honeywell International Inc. In North America, Mexico is one of the major manufacturing hubs due to favorable trade policies implemented by the government, which has attracted various industries including automotive and electronics to set up their production units in this country. This factor is expected to have a positive impact on market growth over the forecast period.
Europe was valued at USD X million in 2017 and is anticipated to grow at a significant rate during the forecast period owing to rising demand from end-use industries such as medical devices & equipment; packaging; aerospace & defense; automotive etc., especially from Russia, Germany, France and U.K., among other Eastern European countries that are highly industrialized compared with other regions across Europe).
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for high purity fluoropolymer products is expected to be a key growth driver for the global market over the next few years.
- The increasing use of PFA in medical devices is also projected to fuel market growth in the near future.
- Growing demand from end-use industries such as automotive and aerospace is also anticipated to boost market growth over the forecast period.
- Rising investments by key players in R&D activities aimed at developing new applications for fluoropolymers is likely to create new opportunities for market growth in the coming years. 5) The growing trend of miniaturization across various industries is expected to result in increased demand for high purity fluoropolymers, thereby propelling market expansion over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Fluoropolymer (PFA) Market Research Report
By Type
Pharmaceutical, Chemical, Electronic & Electrical, Semiconductor, Automotive, Food & Beverage, Others
By Application
Pipe and Tubing, Molded Parts, Valves, Linings, Electric Wires, Others
By Companies
Chemours, Daikin, Solvay, M, AGC, Chemours
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Fluoropolymer (PFA) Market Report Segments:
The global High Purity Fluoropolymer (PFA) market is segmented on the basis of:
Types
Pharmaceutical, Chemical, Electronic & Electrical, Semiconductor, Automotive, Food & Beverage, Others
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
Pipe and Tubing, Molded Parts, Valves, Linings, Electric Wires, 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:
- Chemours
- Daikin
- Solvay
- M
- AGC
- Chemours
Highlights of The High Purity Fluoropolymer (PFA) 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:
- Pharmaceutical
- Chemical
- Electronic & Electrical
- Semiconductor
- Automotive
- Food & Beverage
- Others
- By Application:
- Pipe and Tubing
- Molded Parts
- Valves
- Linings
- Electric Wires
- 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 High Purity Fluoropolymer (PFA) 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.
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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?
High Purity Fluoropolymer (PFA) is a type of fluoropolymer that has been purified to the highest degree possible. This means that all impurities have been removed, leaving only the purest form of fluoropolymer available.
Some of the major companies in the high purity fluoropolymer (pfa) market are Chemours, Daikin, Solvay, M, AGC, Chemours.
The high purity fluoropolymer (pfa) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Fluoropolymer (PFA) 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 High Purity Fluoropolymer (PFA) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Purity Fluoropolymer (PFA) 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 High Purity Fluoropolymer (PFA) 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 High Purity Fluoropolymer (PFA) Market Size & Forecast, 2020-2028 4.5.1 High Purity Fluoropolymer (PFA) Market Size and Y-o-Y Growth 4.5.2 High Purity Fluoropolymer (PFA) 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 Pharmaceutical
5.2.2 Chemical
5.2.3 Electronic & Electrical
5.2.4 Semiconductor
5.2.5 Automotive
5.2.6 Food & Beverage
5.2.7 Others
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 Pipe and Tubing
6.2.2 Molded Parts
6.2.3 Valves
6.2.4 Linings
6.2.5 Electric Wires
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Fluoropolymer (PFA) 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 High Purity Fluoropolymer (PFA) 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 Pharmaceutical
9.6.2 Chemical
9.6.3 Electronic & Electrical
9.6.4 Semiconductor
9.6.5 Automotive
9.6.6 Food & Beverage
9.6.7 Others
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 Pipe and Tubing
9.10.2 Molded Parts
9.10.3 Valves
9.10.4 Linings
9.10.5 Electric Wires
9.10.6 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 Pharmaceutical
10.6.2 Chemical
10.6.3 Electronic & Electrical
10.6.4 Semiconductor
10.6.5 Automotive
10.6.6 Food & Beverage
10.6.7 Others
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 Pipe and Tubing
10.10.2 Molded Parts
10.10.3 Valves
10.10.4 Linings
10.10.5 Electric Wires
10.10.6 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 Pharmaceutical
11.6.2 Chemical
11.6.3 Electronic & Electrical
11.6.4 Semiconductor
11.6.5 Automotive
11.6.6 Food & Beverage
11.6.7 Others
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 Pipe and Tubing
11.10.2 Molded Parts
11.10.3 Valves
11.10.4 Linings
11.10.5 Electric Wires
11.10.6 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 Pharmaceutical
12.6.2 Chemical
12.6.3 Electronic & Electrical
12.6.4 Semiconductor
12.6.5 Automotive
12.6.6 Food & Beverage
12.6.7 Others
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 Pipe and Tubing
12.10.2 Molded Parts
12.10.3 Valves
12.10.4 Linings
12.10.5 Electric Wires
12.10.6 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 Pharmaceutical
13.6.2 Chemical
13.6.3 Electronic & Electrical
13.6.4 Semiconductor
13.6.5 Automotive
13.6.6 Food & Beverage
13.6.7 Others
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 Pipe and Tubing
13.10.2 Molded Parts
13.10.3 Valves
13.10.4 Linings
13.10.5 Electric Wires
13.10.6 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 High Purity Fluoropolymer (PFA) Market: Competitive Dashboard
14.2 Global High Purity Fluoropolymer (PFA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chemours
14.3.2 Daikin
14.3.3 Solvay
14.3.4 M
14.3.5 AGC
14.3.6 Chemours