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Future of Global Fluorinated Ethylene Propylene (FEP) Market | Demand to reach 46K MTs by 2026

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Industry Experts, Inc. published an updated 2022 version of the market research report on Fluorinated Ethylene Propylene (FEP). The global market report entitled " Fluorinated Ethylene Propylene (FEP) – A Global Market Overview " reveals that Asia-Pacific emerged as the largest market for FEP with an estimated consumption share of 44% in 2021 closely followed by North America with 41%. The impact of COVID-19 pandemic on Fluorinated Ethylene Propylene (FEP) demand differed in intensity depending on their end-use application and region. Sharpest decline was evident in FEP demand for automotive & transportation followed by chemical processing and industrial/mechanical applications. On the other hand, impact on demand for FEP in electrical & electronics applications was nominal in 2020. Automotive industry came under massive pressure in the first half of 2020 as a result of the COVID-19 pandemic across the globe. This resulted in a decline of 13.2% in 2020 to 2.6 thousa...

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 bestow...