Market Highlights
Global Fluorinated Plasma Surface Treatment Market is
estimated to be valued at USD 3,071.78 Million by 2025 and
record a CAGR of over 13.5% during the forecast period.
The global Fluorinated Plasma Surface Treatment Market
is expected to witness a surging growth in the coming assessment period owing
to its widespread use in diverse end-use industries such as automotive,
textile, aerospace, consumer goods, electronic devices, and medical. With the
ongoing trends to develop cost-efficient and lightweight automotive components,
the demand for polymers such as polypropylene and thermoplastic
polyolefins (TPO) has increased. These polymers require high-quality coatings
for decorative and protective purposes.
But these substrates lack in adhesion, which exhibits poor
solubility, poor surface wetting, and lack of bonding between an organic
coating and the substrate. Thus, plasma surface treatment of these polymer
substrates is essential as it helps improve the adhesion and the bond strength
of coatings on the substrate. Moreover, the automotive parts that are exposed
to high temperatures face challenges to bond with all types of silicones and adhesives.
Plasma surface treatment is used to increase the bond strength of adhesives
used in headlamp assemblies, mirrors, gaskets, and filters. Furthermore, with
the advent of advance processes such as the atmospheric plasma process that
caters to diverse end-use applications, fluorinated plasma surface treatment is
expected to witness significant growth in the medical and aerospace industries.
Key Players
Market Research Future (MRFR) identified the following
companies as the Key Players in the Global Fluorinated Plasma Surface
Treatment Market: Nordson Corporation (US), Plasmatreat (Germany),
AcXys Technologies (France), Enercon Industries Corporation (US), Plasma Etch,
Inc (US), Plasmalex sas (France), AST Products, Inc (US), Henniker Plasma (UK),
3DT LLC (US), and Eltech Engineers Pvt Ltd (China).
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Segmental Analysis
According to MRFR analysis, the global Fluorinated
Plasma Surface Treatment Market has been segmented based on process, type,
application, substrate type, and region.
Based on process, the global Fluorinated Plasma Surface
Treatment Market has been segmented into low-pressure plasma and atmospheric plasma.
The low-pressure plasma treatment accounts for the largest share of over 65% in
the global market in 2018. The segment is expected to record a healthy growth
of 13.7% in the forecast period owing to its extensive application as surface
cleaning, surface activation, coating, and surface etching in
various end-use industries.
Based on type, the global market has been segmented
into synthetic fibers, natural fibers, plastic films, metal, and others. Among
these, the synthetic fiber segment held the maximum share of the global market.
The segment consists of acrylonitrile butadiene styrene/thermoplastic
polyurethane (ABS/TPU), high-density polyethylene (HDPE), polyamide (PA),
polypropylene (PP), and others. These polymers are widely used in automotive components,
medical devices, textiles, and electronic components. Therefore, the demand for
fluorinated plasma surface treatment is high in synthetic fibers compared to
other types. Furthermore, it is expected to witness a growth of over 14% during
the forecast period, 2019–2025, and reach over USD 1,300 million by 2025.
Based on application, the global market has segmented
into leather, textile, and others. The others segment, among other
applications, accounted for the largest market share. The widespread usage of
fluorinated plasma surface treatment in the exterior and interior parts of
automobiles, medical devices, electronics components, and consumer goods is
expected to boost the growth of this segment in the forecast period. It is
expected to witness a healthy CAGR of 13.6% between 2019–2025.
Based on substrate type, the global market has been
segmented into garments, household, protective, medical, automotive, shoes
& bags, and others. The others segment includes the packaging, electronics,
inkjet & print, glass products, aerospace, and marine industries. The
others segment is expected to witness the fastest growth of CAGR 14% during the
forecast period owing to the extensive use of plasma fluorinated surface
treatment in the packaging industry. The medical segment was the second-fastest
segment with CAGR of over 13% between 2019–2025 owing to the increasing
healthcare investments and booming aging population.
Regional Analysis
Geographically, the global Fluorinated
Plasma Surface Treatment Market has been segmented into Asia-Pacific,
Europe, North America, and the rest of the world. As per MRFR analysis, Europe
was the dominant regional market, accounting for the largest share of about 40%
in 2018 and is expected to register a CAGR of around 13% during the forecast
period. Europe is followed by North America, which accounted for the
second-largest share of the Fluorinated Plasma Surface Treatment Market in
2018. The North American market held a share of around 30% in 2018.
Asia-Pacific is expected to witness the fastest growth registering a 15% CAGR
over the forecast period. The rest of the world is also likely to record
moderate growth during the forecast period, 2019–2025.
Key Findings of the Study
- The
global Fluorinated Plasma Surface Treatment Market was valued at USD
1,270.87 million in 2018 and is expected to register a CAGR of 13.5% to
reach around USD 3,071.78 million by the end of 2025.
- Based
on process, the low-pressure plasma segment held the largest
share of 66.7% by value in 2018 and is expected to register a CAGR of over
13.7% during the forecast period.
- By
type, the synthetic fibers segment is estimated to be the
largest segment of the global market, which accounted for 41.6% value
share in 2018.
- Based
on application, the others segment held the largest share
of 71.9% by value in 2018 and is expected to register a CAGR of over 13.6%
during the forecast period.
- Based
on substrate, the others segment witnessed the fastest growth of 14.2% and
is expected to reach a value of USD 1,018.8 million by 2025
- Europe
accounted for the largest share of 37% by value in 2018.
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