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Fluorinated Ethylene Propylene Market Size to Witness A Healthy Y-O-Y Growth Up To 2025

Author : Ronak Bora | Published Date : 2019-08-06 

Global fluorinated ethylene propylene market share is significantly competitive and includes various market participants such as Daikin Industries, DowDuPont, Saint-Gobain, 3M and Merck Millipore. Various manufacturers are launching new products to expand their product portfolio and attract new customers, which should boost market growth.

North America FEP film market is likely to surpass USD 165 million by the end of the predicted period. The region is witnessing growing energy requirements, rise in consumer awareness of renewable energy sources and environmental concerns which has boosted its adoption in solar cells owing to its long life, low weight, UV resistance and weathering performance. Rising government initiatives to curb greenhouse gas emissions, subsidies for photovoltaic installations and increasing demand for self-sufficiency should further accelerate fluorinated ethylene propylene market growth.

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The global fluorinated ethylene propylene market is slated to experience immense growth prospects in the coming years owing to the product’s extensive use across the automotive, electronics, food & beverage, and medical industries. In the automotive sector, FEPs are widely used in compact and small-sized cars, in the tubing, bellows, and pressure hoses. The increasing shift among car buyers from sedans to more compact cars, especially in emerging economies will thus propel the growth of fluorinated ethylene propylene market .

Construction of residential housing will witness growth in the years to come owing to the rising population in the United States. Government spending to support homeownership, housing developments and a sustainable community in a bid to provide access to affordable housing will further increase the demand for construction projects. The development in the construction industry will massively boost the demand for paints, adhesives, and sealants, which will eventually drive the fluorinated ethylene propylene market in the coming years.

Global fluorinated ethylene propylene powder market from chemical processing applications should register over 6.5% gains by 2025 on account of its desirable chemical resistance, nonstick property and low coefficient of friction. There is a rising demand for construction chemicals such as sealants, coatings & cement and chemicals required by oil & gas industry which has stimulated product adoption in vessel liners, gaskets, fluid handling systems, tubing and valves. Growing research & development investment, rising adoption of nanotechnology and demand for advanced material from automotive industry should further increase FEP powder market growth from chemical processing applications.

Glimpse of Table of Content (ToC)

Chapter 3 Fluorinated ethylene propylene market Insights

3.1 Fluorinated ethylene propylene market segmentation

3.2 Fluorinated ethylene propylene market landscape, 2014-2025

3.3 Fluorinated ethylene propylene market ecosystem analysis

3.3.1 Vendor matrix

3.3.2 Distribution channel analysis Distributors Technology providers

3.4 Technology landscape

3.5 Pricing analysis

3.6 Regulatory landscape

3.6.1 U.S.

3.6.2 Europe

3.6.3 China

3.7 Industry impact forces

3.7.1 Growth drivers North America: Growing demand from Oil & Gas Industries Europe: Rising usage of Fluorinated Ethylene Propylene for the manufacture of lining and parts in Automotive Industry Asia: Growing demand from optical fiber and electrical & electronics industries

3.7.2 Industry pitfalls & challenges Stiff competition from alternatives

3.8 Innovation & sustainability

3.9 Growth potential analysis, 2018

3.9.1 Emerging business model New product launch Product capacity expansion Acquisition

3.10 Porter’s analysis

3.11 Competitive landscape, 2018

3.11.1 Company market share analysis, 2018

3.11.2 Strategy dashboard

3.12 PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/fluorinated-ethylene-propylene-fep-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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