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Ethylene Tetrafluoroethylene (ETFE) Market

Global Ethylene Tetrafluoroethylene (ETFE) Market Size, Share, Analysis, Industry: By Product Type: Powder, Granule; By Technology: Injection Moulding, Extrusion Moulding; By Application: Films and Sheets, Wires and Cables, Tubes, Coatings, Others; By End Use: Automotive, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Ethylene Tetrafluoroethylene (ETFE) Market Outlook

The global ethylene tetrafluoroethylene (ETFE) market size attained a value of USD 400.39 billion in 2023. The market is further expected to grow at a CAGR of 7.30% between 2024 and 2032, reaching a value of USD 757.46 billion by 2032.

 

Key Trends in the Global Ethylene Tetrafluoroethylene (ETFE) Market

Ethylene tetrafluoroethylene (ETFE) refers to a type of plastic that is based on fluorine, and offers weather and heat resistance, chemical inertness, and high electrical insulation. With a high melting temperature, ETFE has a crystallinity range from 40% to 60% while its high corrosion resistance and superior mechanical strength of ETFE makes it applicable across the industrial sector.

 

Global Ethylene Tetrafluoroethylene (ETFE) Market

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  • Ethylene tetrafluoroethylene (ETFE) is eco-friendly and recyclable which is a driving factor of the global ethylene tetrafluoroethylene (ETFE) market growth, owing to the growing transition from traditional industrial components towards those with lower impacts on the environment.
  • Rising demand for ethylene tetrafluoroethylene (ETFE) as an alternative to glass, to make inflated multi-layered cushions and sheets is another driving factor of the market for ethylene tetrafluoroethylene (ETFE).
  • Growing investments towards developing innovative and smart buildings across emerging economies are likely to heighten the application of ethylene tetrafluoroethylene (ETFE) in the forecast period in building and construction end uses.
  • Increasing aerospace and defence expenditure across developing sovereign nations is escalating the incorporation of ethylene tetrafluoroethylene (ETFE) materials in insulation areas, which is one of the crucial ethylene tetrafluoroethylene (ETFE) market trends.

 

Global Ethylene Tetrafluoroethylene (ETFE) Market Analysis

Based on product type, the ethylene tetrafluoroethylene (ETFE) market segmentation is powder and granule. On the basis of technology, the market is bifurcated into injection moulding and extrusion moulding. By application, the market is classified into films and sheets, wires and cables, tubes, and coatings, among others. Based on end use, the market is segmented into automotive, building and construction, aerospace and defence, nuclear, solar energy, and medical, among others. The regional markets for ethylene tetrafluoroethylene (ETFE) are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Ethylene Tetrafluoroethylene (ETFE) Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global ethylene tetrafluoroethylene (ETFE) market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • BASF SE
  • AGC Group
  • Solvey SA
  • Daikin Industries, Ltd.
  • 3M Co.
  • Hubei Everflon Polymer Co. Ltd
  • HaloPolymer OJSC
  • Mitsubishi Chemical Group Corp
  • Vector Foiltec
  • Saint-Gobain Composite Solutions
  • Others

 

Global Ethylene Tetrafluoroethylene (ETFE) Market Share by Product Type

The granule segment, based on product type, accounts for a sizable share of the ethylene tetrafluoroethylene market. ETFE granules possess high melting temperature and high resistance to radiation emitted by several energy sources, making them suitable for producing corrosion resistant components, wires, cables, insulation jackets, construction films, and valves linings, among others. The high-melt flow rates offered by ETFE granules is further heightening their demand in injection, extrusion, and various other moulding processes.

 

Global Ethylene Tetrafluoroethylene (ETFE) Market

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Global Ethylene Tetrafluoroethylene (ETFE) Market Share by End Use

Based on end use, the building and construction segment accounts for a significant share of the ethylene tetrafluoroethylene market. This can be attributed to the fire-resistant and light transmission properties offered by ETFE. It is a strong and lightweight material which makes it a useful architectural component. In this regard, rising investments towards developing modern buildings with well-defined architectural features are increasing the incorporation of ethylene tetrafluoroethylene (ETFE), thereby boosting the growth of this segment.

 

Competitive Landscape

BASF SE is a leading chemicals company which is considered one of the largest chemical producers across the world. Founded in 1865 and headquartered in Ludwigshafen, Germany, this company produces various plastic components.

 

AGC Group is a prominent chemicals company which is also a leading supplier of automotive components, glasses, and chemicals, among others. It was established in 1999 and is headquartered in Tokyo, Japan.

 

Solvey SA is a renowned chemical manufacturing company which produces and distributed specialty polymers, essential chemicals, and various industrial components. It was established in 1863 and is currently headquartered in Brussels, Belgium.

 

Other market players include Daikin Industries, Ltd., 3M Co., Hubei Everflon Polymer Co. Ltd, HaloPolymer OJSC, Mitsubishi Chemical Group Corp, Vector Foiltec, and Saint-Gobain Composite Solutions, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Technology
  • Application
  • End Use
  • Region
Breakup by Product Type
  • Powder
  • Granule
Breakup by Technology
  • Injection Moulding
  • Extrusion Moulding
Breakup by Application
  • Films and Sheets
  • Wires and Cables
  • Tubes
  • Coatings
  • Others
Breakup by End Use
  • Automotive
  • Building and Construction
  • Aerospace and Defence
  • Nuclear
  • Solar Energy
  • Medical
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE
  • AGC Group
  • Solvey SA
  • Daikin Industries, Ltd.
  • 3M Co.
  • Hubei Everflon Polymer Co. Ltd
  • HaloPolymer OJSC
  • Mitsubishi Chemical Group Corp
  • Vector Foiltec
  • Saint-Gobain Composite Solutions
  • Other

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market (2018-2023)
    8.3    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast (2024-2032)
    8.4    Global Ethylene Tetrafluoroethylene (ETFE) Market by Product Type
        8.4.1    Powder
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Granule
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Ethylene Tetrafluoroethylene (ETFE) Market by Technology
        8.5.1    Injection Moulding
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Extrusion Moulding
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Ethylene Tetrafluoroethylene (ETFE) Market by Application
        8.6.1    Films and Sheets
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Wires and Cables
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Tubes
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Coatings
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Ethylene Tetrafluoroethylene (ETFE) Market by End Use
        8.7.1    Automotive
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Building and Construction
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Aerospace and Defence
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Nuclear
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Solar Energy
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Medical
            8.7.6.1    Historical Trend (2018-2023)
            8.7.6.2    Forecast Trend (2024-2032)
        8.7.7    Others
    8.8    Global Ethylene Tetrafluoroethylene (ETFE) Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Ethylene Tetrafluoroethylene (ETFE) Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    BASF SE
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    AGC Group
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Solvey SA
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Daikin Industries, Ltd.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    3M Co.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Hubei Everflon Polymer Co. Ltd
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    HaloPolymer OJSC
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Mitsubishi Chemical Group Corp
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Vector Foiltec
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Saint-Gobain Composite Solutions
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Other
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Ethylene Tetrafluoroethylene (ETFE) Market: Key Industry Highlights, 2018 and 2032
2.    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Form (USD Million), 2018-2023
3.    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Form (USD Million), 2024-2032
4.    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Technology (USD Million), 2018-2023
5.    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Technology (USD Million), 2024-2032
6.    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by End Use (USD Million), 2018-2023
9.    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by End Use (USD Million), 2024-2032
10.    Global Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Ethylene Tetrafluoroethylene (ETFE) Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Ethylene Tetrafluoroethylene (ETFE) Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global Ethylene Tetrafluoroethylene (ETFE) Market Structure

Key Questions Answered in the Report

What was the ethylene tetrafluoroethylene (ETFE) market value in 2023?

The market reached a value of USD 400.39 billion in 2023.

What is the growth rate of the ethylene tetrafluoroethylene (ETFE) market?

The market is estimated to grow at a CAGR of 7.30% between 2024 and 2032.

What is the ethylene tetrafluoroethylene (ETFE) market outlook for 2024-2032?

The market is estimated to witness a healthy growth between the forecast period of 2024-2032 to reach a value of USD 757.46 billion by 2032.

What are the major market drivers?

The eco-friendly and recyclable properties of ETFE, rising demand for ethylene tetrafluoroethylene (ETFE) as an alternative to glass, and the thriving building and construction sector are the major drivers of the market.

What are the key trends of the market?

The key trends in the market include the growing investments towards developing innovative and smart buildings across emerging economies, increasing aerospace and defence expenditure, and advancements in technology.

What are the major technologies of ethylene tetrafluoroethylene (ETFE) in the market?

Injection moulding and extrusion moulding are the major technologies of ethylene tetrafluoroethylene (ETFE) in the market.

What are the significant applications of ethylene tetrafluoroethylene (ETFE) in the market?

Films and sheets, wires and cables, tubes, and coatings, among others, are the significant applications of ethylene tetrafluoroethylene (ETFE) in the market.

Who are the key market players, according to the ethylene tetrafluoroethylene (ETFE) market report?

BASF SE, AGC Group, Solvey SA, Daikin Industries, Ltd., 3M Co., Hubei Everflon Polymer Co. Ltd, HaloPolymer OJSC, Mitsubishi Chemical Group Corp, Vector Foiltec, and Saint-Gobain Composite Solutions, among others, are the key market players, according to the report.

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