Fluorinated Ethylene Propylene (FEP) – A Global Market Overview
Report Synopsis
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 minimum 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 thousand metric tons, from 3 thousand metric tons in 2019. While automotive sector leads growth with 2021-2026 CAGR of 5.8%, Electrical & Electronics is the largest consumer of FEP with and estimated share of 63% in 2021.
Research Findings & Coverage
• Worldwide market for FEP is analyzed in this report with respect to major end-use sectors
• The study exclusively analyzes the market sizing of each end-use sector of FEP by major geographic region/country
• Growth drivers discussed in the study along with other market trends
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 19
• The industry guide includes the contact details for 188 companies
Product Outline
Major end-use sectors market of FEP examined in this report includes the following:
• Automotive & Transportation
• Electrical & Electronics
• Chemical Processing
• Industrial/Mechanical
• Others
Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global FEP market for the period 2017-2026 in terms of market volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2021 through 2026 with a special focus on pandemic impact during 2019-2020
Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, Netherlands, Russia, Spain, The United Kingdom and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Taiwan, Thailand and Rest of Asia-Pacific)
• South America (Brazil, Rest of South America)
• Rest of World
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook