Beneficial Properties and Wide Range of End-Use Sectors Propel Demand for Fluorinated Ethylene Propylene (FEP) to US$1.1 B by 2022
Industry Experts has today unveiled the new market research report on Fluorinated Ethylene Propylene (FEP). According to the new report ‘ Fluorinated Ethylene Propylene (FEP) – A Global Market Overview ’, North America leads the global market for FEP, forecast at US$353.1 million (47.7% share) in 2016, which is projected to reach US$494.1 million by 2022 at a CAGR of 5.8% between 2016 and 2022. The Electrical & Electronics sector dominates the global volume market for FEP, Forecast to be 17.4 thousand metric tons in 2016, global volume consumption of FEP in the Electrical & Electronics sector is anticipated to register the fastest CAGR of 6.7% between 2016 and 2022 and reach a projected 25.7 thousand metric tons by 2022. Fluorinated Ethylene Propylene is a copolymer of hexafluoropropylene (HFP) and tetrafluoroethylene (TFE) and is a melt-processable fluoropolymer. Being very similar in composition to PTFE (polytetrafluoroethylene), Fluorinated Ethylene Propylene is bestow...