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Showing posts from April, 2016

Beneficial Properties and Wide Range of End-Use Sectors Propel Demand for Fluorinated Ethylene Propylene (FEP) to US$1.1 B by 2022

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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 bestowed wi

Vast Potential applications in Developing Regions and New Innovative Products to Drive Demand for Global PTFE to Reach 247k MTs Valued at US$2.9B by 2022

Industry Experts has today released the new market research report on Polytetrafluoroethylene. The new report ‘Polytetrafluoroethylene (PTFE) – A Global Market Overview’ reveals that Asia-Pacific is estimated to be the largest market with an estimated 2016 consumption of 94k metric tons and the region also projected to be the fastest growing between 2016 and 20222 with a CAGR of 7.3%. The growth of global PTFE demand is mainly attributed to the developing regions such as China, India, rest of Asia and Russia among others, and new innovative products such as micronized powders, modified PTFE and expanded PTFE which will find new applications or replace conventional PTFE in existing applications owing to their improved properties. Polytetrafluoroethylene (PTFE), a homopolymer of tetrafluoroethylene, is a linear chain polymer of great molecular length, or a “long chain” fluorocarbon, with the chemical formula (CF2CF2)n. PTFE resins have exceptional resistance to high temperatures, chemi