Global Fluorinated Ethylene Propylene (FEP) Market 2023-2027
Technavio has been monitoring the fluorinated ethylene propylene (FEP) market and is forecast to grow by $486.51 mn during 2022-2027, accelerating at a CAGR of 8.41% during the forecast period. Our report on the fluorinated ethylene propylene (FEP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for FEP coatings, cost-effective alternative to PTFE in nonstick applications of food industry, and increased demand from developing countries.
Technavio's fluorinated ethylene propylene (FEP) market is segmented as below:
By End-user
- Cookware and food processing
- Chemical processing
- Oil and gas
- Electrical and electronic
- Others
By Product
- Films and sheets
- Pellets and granules
- Tubes
- Coatings
- Others
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the capacity expansion by key end-users as one of the prime reasons driving the fluorinated ethylene propylene (FEP) market growth during the next few years. Also, rise in investments in R&D activities and growing strategic activities by market vendors will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fluorinated ethylene propylene (FEP) market covers the following areas:
- Fluorinated ethylene propylene (FEP) market sizing
- Fluorinated ethylene propylene (FEP) market forecast
- Fluorinated ethylene propylene (FEP) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fluorinated ethylene propylene (FEP) market vendors that include 3M Co., AGC Inc., Compagnie de Saint Gobain, Daikin Industries Ltd., DuPont de Nemours Inc., Gasco Inc., Gujarat Fluorochemicals Ltd., HaloPolymer OJSC, Hindustan Organic Chemicals Ltd., Hubei Everflon Polymer Co. Ltd., ITAFLON s.r.l, Jiangsu Meilan Chemical Co. Ltd., Poly Plast Chemi Plants India Pvt Ltd., RTP Co., Shandong Hua Fluorochemical Co. Ltd., Shanghai Huayi 3F New Materials Co. Ltd., The Chemours Co., Zeus Co. Inc., Zhejiang Fotech International Co. Ltd., and ZheJiang Yonghe Refrigerant Co. Ltd. Also, the fluorinated ethylene propylene (FEP) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.