Polychlorotrifluoroethylene is a thermoplastic polymer of
chlorofluoropolymer. It offers excellent properties like high tensile strength,
creep resistance, better moisture protection, and others. There was a price
hike in last few years owing to increasing raw material prices which obligated
end-use industries to increase their product prices. However, the prices
stabilized in 2016, and this trend is expected to continue during the
assessment period on account of steady prices of polymer. Owing to its water
resistant and chemical stability, it has wide applications in blister
packaging, seals and gaskets, eyeglasses, tubes, and others.
Get Sample Copy@ https://www.marketresearchfuture.com/sample_request/6417
Based on form, the global Polychlorotrifluoroethylene Industry has been segmented into powder,
pellet, and granule. The powdered or pellet form of PCTFE can be prepared by
treating an aqueous suspension of chlorotrifluoroethylene with polymerization
catalysts. Whereas, the granular form is produced by suspension polymerization
in an aqueous medium with no dispersing agent. The powdered form of PCTFE has
the largest market share owing to its superior chemical and thermal
characteristics. NEOFLON PCTFE molding powder, a DAIKIN INDUSTRIES Ltd.
product, has various applications in the production of seals and gaskets,
laboratory ware, coatings for pipes, fittings, and valves. Additionally, recent
advances in the aerospace and pharmaceutical industries are expected to drive
the global PCTFE market.
Based on end-use industry, the global Polychlorotrifluoroethylene Industry has been segmented into
pharmaceuticals, electrical and electronics, aerospace, and others. Aerospace
sector accounted for the largest market share in global PCTFE market in 2017
due to its use in various end-use applications due to low outgassing value, low
inflammability, and light weight. PCTFE can retain its mechanical properties
under a wide temperature range and is chemically resistant to aggressive
chemicals which make it ideal for manufacturing valves, impellers, diaphragms
and plugs which propels the global Polychlorotrifluoroethylene Industry.
Competitive Analysis
The key players in the global Polychlorotrifluoroethylene Industry are DAIKIN INDUSTRIES Ltd. (Japan),
Arkema Group (France), Honeywell International Inc. (US), HaloPolymer (Russia),
Saint-Gobain (France), Allied Chemical Corporation (US), Qingdao Hongfeng Si-F
Science Ltd (China), Welch Fluorocarbon Inc (US), and GAPI Group (Italy).
Market Segmentation
The global Polychlorotrifluoroethylene Industry has been segmented based on form, application,
end-use industry, and region.
On the basis of
form, the global Polychlorotrifluoroethylene Industry has been segmented as powder, pellet, and granule.
By application, the
global Polychlorotrifluoroethylene
Industry has been distributed into films and sheets, tubes, wires and
cables, coating, seals and gaskets, medical equipment, cryogenics, and others.
Based on end-use
industry, the global Polychlorotrifluoroethylene Industry has been categorized into
pharmaceuticals, electrical and electronics, aerospace, oil and gas, and
others.
The global Polychlorotrifluoroethylene Industry has been studied across five
regions, namely, Asia-Pacific, North America, Latin America, Europe, and the
Middle East & Africa.
Regional Analysis
The global market for polychlorotrifluoroethylene is studied for
five key regions namely, Asia-Pacific, North America, Latin America, Europe,
and the Middle East & Africa. Asia-Pacific is estimated to dominate the
PCTFE market owing to increasing demand from pharmaceutical, aerospace and
electronics end-use industries. In 2017, China was the leading manufacturer of
pharmaceutical ingredients and ranked second in the production of medicines
worldwide. North America is another prominent region contributing mainly due to
the growth in demand from the aerospace sector. The US and Canada are the key
countries aiding to the growth of PCTFE market in this region. Europe is also
expected to witness growth due to the rapidly expanding semiconductor industry.
Major contributors from this region are Germany, the UK, France, Italy, and
Spain. In Latin America, Brazil and Mexico are the leading markets where growth
can be attributable to the recent advances in the aerospace and chemical
industries. Due to relatively less demand of application based end-use
industry, the Middle East & Africa region is likely to witness slack
growth.
Access Report
@ https://www.marketresearchfuture.com/reports/polychlorotrifluoroethylene-market-6417
No comments:
Post a Comment