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Ethylene Tetrafluoroethylene (ETFE) Market Growth, and Competitive Analysis 2023
Posted: Jan 25, 2019
The global Ethylene Tetrafluoroethylene (ETFE) market is spanned across five regions of the world namely North America, Asia Pacific, Europe Latin America, and the Middle East & Africa. North America holds the major share of the global market and is projected to continue leading owing to the high adoption in the automobile and aerospace sector. According to the Statistical, the U.S. car production was over 11 million units in 2017. The growing usage of ETFE in anti-braking systems, engine sensors, and seats is expected to boost the market growth.
Key Players and Competition Analysis
Some of the prominent players operating in the global ethylene tetrafluoroethylene (ETFE) market are DuPont (U.S.), Daikin Industries Ltd. (Japan), 3M (Germany), Asahi Glass Company (Japan), Quadrant AG (Switzerland), Guangzhou Lichang Fluoroplastics Co., Ltd (China), Ensinger GmbH (Germany), and Hubei Everflon Polymer Co., Ltd (China).
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Segmentation Analysis
The global ethylene tetrafluoroethylene (ETFE) market is segmented into technology, product type, application, and end-user industry. Based on the technology, the market is segmented into ETFE extrusion molding and ETFE injection molding. Based on the product type, the global ethylene tetrafluoroethylene (ETFE) market is segmented into ETFE Granule and ETFE powder. Based on the application, the market is segregated into film & sheets, wire & cable, coatings, tubes, and others. Based on the end-use industry, the market is further segmented into automotive, building & construction, nuclear, aerospace, chemicals, and others.
Regional Analysis
The Ethylene Tetrafluoroethylene (etfe) Market is segmented across five regions: Europe, Latin America, Asia Pacific, North America and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market and is anticipated to show an expanding CAGR during the forecast period. The rapid growth of industries and urbanization is fueling the demand for ethylene tetrafluoroethylene (ETFE) in the developing economies of Asia Pacific region.
Market Scope
Ethylene tetrafluoroethylene ETFE is a type of fluorine-based plastic that possesses qualities such as high tensile strength, corrosion resistance, and high thermal stability. ETFE has relatively less coefficient of friction. Therefore, it is used for in applications that require protection from abrasion. These fluorine-based plastics have high-temperature resistivity that makes them suitable for many applications such as aerospace, medical, and nuclear among others.
Browse the market data and information spread across 137 pages with 59 data tables and 15 figures of the report "Ethylene Tetrafluoroethylene (ETFE) Market Research Report - Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/ethylene-tetrafluoroethylene-etfe-market-5700
Industry News
March 19, 2018 Market Research Future Published a Half Cooked Research Report on Global Ethylene Tetrafluoroethylene (ETFE) Research Report.
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