Market Overview:
The global PFPE 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 PFPE oil and grease in various end-use industries, such as aerospace, electronic, chemical, and others. In terms of region, North America is expected to lead the global PFPE market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
PFPE is a type of fluoropolymer. It's used as a lubricant, coating, and sealant. PFPE is important because it has high thermal stability and low friction properties.
PFPE Oil:
It is produced from crude tetrafluoroethylene and some other components. PFPE oils are used as raw material for manufacturing PFPE coatings, which are further used in food packaging, non-stick cookware & baking trays, medical devices & equipment and textile industry among others.
PFPE Grease:
It is now also used in other industries including automotive, medical, chemical processing, and food processing among others. PFPE grease has high viscosity with low water content which makes it suitable to be used under extreme conditions such as at high temperatures or under mechanical stress.
Application Insights:
Aerospace was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. PFPE based onluicdleis used for manufacturing aircraft components including turbines, compressors, heat exchangers and other cooling systems. It also finds applications in paints & coatings as well as adhesives & sealants used in aerospace industry. The rising demand for lightweight materials has been a major factor driving product consumption in this sector.
Electronic application segment is anticipated to witness significant growth over the forecast period owing to increasing use of PFPEs for manufacturing semiconductor devices such as capacitors, resistors, inductors and others which are widely utilized across various end-use industries including consumer electronics, telecommunication equipment etc. Other key applications include oil/gas industry (lubrication), food processing (processing aids) and water treatment (water-washing).
Regional Analysis:
Asia Pacific dominated the global PFPE market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of over 45% in 2016 owing to high product demand from various end-use industries, such as aerospace, electronics, automotive and others. China is projected to remain a key consumer due to rapid industrialization along with increasing foreign investments in the country.
The Asia Pacific was followed by North America which accounted for around 20% of total market revenue that year. The U.S., being one of the major consumers across this region has witnessed an increase in domestic production levels since 2008; however it still trails behind other regions on account of lower product penetration rates coupled with limited usage scope within this industry segment compared to Europe or Asia Pacific (APAC).
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and electrical & electronics
- Rising demand for PFPE in emerging economies due to the growth of their manufacturing sectors
- Growing use of PFPE in high-performance applications such as semiconductors and optical fibers
- Technological advancements that have led to the development of new products containing PFPE
- The increasing popularity of fluoropolymers among consumers owing to their superior properties
Scope Of The Report
Report Attributes
Report Details
Report Title
PFPE Market Research Report
By Type
PFPE Oil, PFPE Grease
By Application
Aerospace, Electronic, Chemical, Other Industries
By Companies
Dupont (Chemours), SOLVAY, DAIKIN, Dow Corning, Kluber Lubrication, ICAN, M&I Materials Limited, Nye Lubricants, Hunan Nonferrous, IKV Tribology
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global PFPE Market Report Segments:
The global PFPE market is segmented on the basis of:
Types
PFPE Oil, PFPE Grease
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
Aerospace, Electronic, Chemical, Other Industries
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:
- Dupont (Chemours)
- SOLVAY
- DAIKIN
- Dow Corning
- Kluber Lubrication
- ICAN
- M&I Materials Limited
- Nye Lubricants
- Hunan Nonferrous
- IKV Tribology
Highlights of The PFPE 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:
- PFPE Oil
- PFPE Grease
- By Application:
- Aerospace
- Electronic
- Chemical
- Other Industries
- 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 PFPE 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?
PFPE is a type of plastic that can be made from a variety of materials, including oil and gas production byproducts. It's often used in products that need to be resistant to water, oil, and other chemicals.
Some of the key players operating in the pfpe market are Dupont (Chemours), SOLVAY, DAIKIN, Dow Corning, Kluber Lubrication, ICAN, M&I Materials Limited, Nye Lubricants, Hunan Nonferrous, IKV Tribology.
The pfpe market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PFPE Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PFPE Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PFPE Market - Supply Chain
4.5. Global PFPE Market Forecast
4.5.1. PFPE Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PFPE Market Size (000 Units) and Y-o-Y Growth
4.5.3. PFPE Market Absolute $ Opportunity
5. Global PFPE Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PFPE Market Size and Volume Forecast by Type
5.3.1. PFPE Oil
5.3.2. PFPE Grease
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PFPE Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PFPE Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Electronic
6.3.3. Chemical
6.3.4. Other Industries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PFPE Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PFPE Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PFPE Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PFPE Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PFPE Demand Share Forecast, 2019-2029
9. North America PFPE Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PFPE Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PFPE Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Electronic
9.4.3. Chemical
9.4.4. Other Industries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PFPE Market Size and Volume Forecast by Type
9.7.1. PFPE Oil
9.7.2. PFPE Grease
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PFPE Demand Share Forecast, 2019-2029
10. Latin America PFPE Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PFPE Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PFPE Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Electronic
10.4.3. Chemical
10.4.4. Other Industries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PFPE Market Size and Volume Forecast by Type
10.7.1. PFPE Oil
10.7.2. PFPE Grease
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PFPE Demand Share Forecast, 2019-2029
11. Europe PFPE Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PFPE Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PFPE Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Electronic
11.4.3. Chemical
11.4.4. Other Industries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PFPE Market Size and Volume Forecast by Type
11.7.1. PFPE Oil
11.7.2. PFPE Grease
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PFPE Demand Share, 2019-2029
12. Asia Pacific PFPE Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PFPE Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PFPE Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Electronic
12.4.3. Chemical
12.4.4. Other Industries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PFPE Market Size and Volume Forecast by Type
12.7.1. PFPE Oil
12.7.2. PFPE Grease
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PFPE Demand Share, 2019-2029
13. Middle East & Africa PFPE Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PFPE Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PFPE Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Electronic
13.4.3. Chemical
13.4.4. Other Industries
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PFPE Market Size and Volume Forecast by Type
13.7.1. PFPE Oil
13.7.2. PFPE Grease
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PFPE Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PFPE Market: Market Share Analysis
14.2. PFPE Distributors and Customers
14.3. PFPE Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dupont (Chemours)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SOLVAY
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DAIKIN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dow Corning
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kluber Lubrication
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ICAN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. M&I Materials Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nye Lubricants
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hunan Nonferrous
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IKV Tribology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
