Global Ethylene Tetrafluoroethylene (ETFE) Market Analysis - Segmented by Technology (Extrusion Molding, Injection Molding), Product Type (Powder, Granule), Application, and Geography - Growth, Trends, and Forecast (2022 - 2030)
Ethylene Tetrafluoroethylene (ETFE) Market
The market for ethylene tetrafluoroethylene (ETFE) is expected to register a significant growth during the forecast period, 2018 to 2023.This significant growth is primarily driven by the gaining popularity as building material in roof covering of special constructions like stadiums and growing demand of ETFE cables from aerospace industry.
Shift of Focus from Conventional PV Panels to ETFE PV Panels in Photovoltaic (PV) Industry
Solar photovoltaic (PV) is entering a new era and accounts for the largest annual capacity additions for renewables, well above wind and hydro, for the next five years. As an alternative energy solution with attributes that readily compete with fossil fuels, solar PV industry is now seeing a resurgence in both residential and commercial use. There is a greater demand for solar cells over the past few years, and R&D efforts have resulted in vast improvements in flexible ethylene tetrafluoroethylene (ETFE) technology. Together with ambitious power market reforms, expansion of distributed generation, and new transmission lines, these new policies are expected to speed up the deployment of solar power, particularly ETFE PV panels during the forecast period. This trend gains momentum in the nearby future further igniting the demand for overall ETFE market.
Coatings Application Segment to Contribute Significant Demand to the Market
ETFE can handle a variety of temperatures and weather conditions, making it a popular choice for coatings in the automotive industry. It is typically used in brake systems and for brake wear sensors. ETFE coatings have been even used to build the pneumatic panels on the exterior of the Beijing National Aquatics Centre and other buildings., including the New Atlanta Stadium, and the US Bank Stadium in U.S, Eden Project and the National Space Centre in the U.K., Hong Kong’s Green 18 in the Hong Kong Science Park, Allianz Arena in Germany, and the Forsyth Barr Stadium in New Zealand. ETFE is even ideal for any application that involves radiation resistance, and these abilities made it fit for common usage in the chemicals industry. Sometimes it is used as a dual laminate and bonded to fiber reinforced plastics (FRP) for use in tanks and pipes. It is also used for electrical applications and is commonly used to cover electrical wiring, especially for wires in spacecraft or aircraft. However, the growing aerospace, automotive and consumer electronics industries are providing the potential opportunities for propelling the market demand for global ethylene tetrafluoroethylene (ETFE) market in the coming years.
North America to Dominate the Ethylene Tetrafluoroethylene Market
North America represents the largest regional market for global powder injection molding market in 2017. This immense demand for ethylene tetrafluoroethylene (ETFE) is a consequence of the growing trends of tensile architecture in the region. In North America, United States provides the major market for the ethylene tetrafluoroethylene (ETFE) with more than 75% of the regional market share. In U.S., ETFE is ideally suited for demanding applications such as oil and gas down hole cable and umbilicals, low permeation automotive fuel tubing, aerospace wire and cable, and photovoltaic top sheets films. ETFE is also widely used for release films used in the manufacture of carbon fiber composites. The growing automotive, aerospace and chemical industries in the countries like United States, and Canada further augmented the demand for ETFE coatings and sheets which in turn created the demand for ethylene tetrafluoroethylene (ETFE) market. The large market size coupled with the huge growth of North America is quite instrumental in expansion of the global ethylene tetrafluoroethylene (ETFE) market.
Key Developments in the Ethylene Tetrafluoroethylene Market
Jun 2018: AGC to feature ETFE film for innovative architectural structures at AIA (American Institute of Architects) conference on architecture 2018.
Jun 2018: ETFE-PV-Based Cells provide a lightweight, flexible, efficient and possibly disruptive solar-cell alternative.
Oct 2017: Air-filled ETFE film cushions from 3M use lightweight tech to protect people from prying eyes.
Ethylene Tetrafluoroethylene Market Major Players:
ASAHI GLASS CO.,LTD
Ensinger
3M (Dyneon GmbH)
DAIKIN INDUSTRIES, Ltd.
The Chemours Company
Reasons to Purchase Ethylene Tetrafluoroethylene Market Report
Identify the current and future prospects of the global ethylene tetrafluoroethylene (ETFE) market in the developed and emerging markets
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Information about the growth of the various product segments that are expected to dominate the market
Regional analysis of the market
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
Customize Ethylene Tetrafluoroethylene Market Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
The market for ethylene tetrafluoroethylene (ETFE) is expected to register a significant growth during the forecast period, 2018 to 2023.This significant growth is primarily driven by the gaining popularity as building material in roof covering of special constructions like stadiums and growing demand of ETFE cables from aerospace industry.
Shift of Focus from Conventional PV Panels to ETFE PV Panels in Photovoltaic (PV) Industry
Solar photovoltaic (PV) is entering a new era and accounts for the largest annual capacity additions for renewables, well above wind and hydro, for the next five years. As an alternative energy solution with attributes that readily compete with fossil fuels, solar PV industry is now seeing a resurgence in both residential and commercial use. There is a greater demand for solar cells over the past few years, and R&D efforts have resulted in vast improvements in flexible ethylene tetrafluoroethylene (ETFE) technology. Together with ambitious power market reforms, expansion of distributed generation, and new transmission lines, these new policies are expected to speed up the deployment of solar power, particularly ETFE PV panels during the forecast period. This trend gains momentum in the nearby future further igniting the demand for overall ETFE market.
Coatings Application Segment to Contribute Significant Demand to the Market
ETFE can handle a variety of temperatures and weather conditions, making it a popular choice for coatings in the automotive industry. It is typically used in brake systems and for brake wear sensors. ETFE coatings have been even used to build the pneumatic panels on the exterior of the Beijing National Aquatics Centre and other buildings., including the New Atlanta Stadium, and the US Bank Stadium in U.S, Eden Project and the National Space Centre in the U.K., Hong Kong’s Green 18 in the Hong Kong Science Park, Allianz Arena in Germany, and the Forsyth Barr Stadium in New Zealand. ETFE is even ideal for any application that involves radiation resistance, and these abilities made it fit for common usage in the chemicals industry. Sometimes it is used as a dual laminate and bonded to fiber reinforced plastics (FRP) for use in tanks and pipes. It is also used for electrical applications and is commonly used to cover electrical wiring, especially for wires in spacecraft or aircraft. However, the growing aerospace, automotive and consumer electronics industries are providing the potential opportunities for propelling the market demand for global ethylene tetrafluoroethylene (ETFE) market in the coming years.
North America to Dominate the Ethylene Tetrafluoroethylene Market
North America represents the largest regional market for global powder injection molding market in 2017. This immense demand for ethylene tetrafluoroethylene (ETFE) is a consequence of the growing trends of tensile architecture in the region. In North America, United States provides the major market for the ethylene tetrafluoroethylene (ETFE) with more than 75% of the regional market share. In U.S., ETFE is ideally suited for demanding applications such as oil and gas down hole cable and umbilicals, low permeation automotive fuel tubing, aerospace wire and cable, and photovoltaic top sheets films. ETFE is also widely used for release films used in the manufacture of carbon fiber composites. The growing automotive, aerospace and chemical industries in the countries like United States, and Canada further augmented the demand for ETFE coatings and sheets which in turn created the demand for ethylene tetrafluoroethylene (ETFE) market. The large market size coupled with the huge growth of North America is quite instrumental in expansion of the global ethylene tetrafluoroethylene (ETFE) market.
Key Developments in the Ethylene Tetrafluoroethylene Market
Jun 2018: AGC to feature ETFE film for innovative architectural structures at AIA (American Institute of Architects) conference on architecture 2018.
Jun 2018: ETFE-PV-Based Cells provide a lightweight, flexible, efficient and possibly disruptive solar-cell alternative.
Oct 2017: Air-filled ETFE film cushions from 3M use lightweight tech to protect people from prying eyes.
Ethylene Tetrafluoroethylene Market Major Players:
ASAHI GLASS CO.,LTD
Ensinger
3M (Dyneon GmbH)
DAIKIN INDUSTRIES, Ltd.
The Chemours Company
Reasons to Purchase Ethylene Tetrafluoroethylene Market Report
Identify the current and future prospects of the global ethylene tetrafluoroethylene (ETFE) market in the developed and emerging markets
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Information about the growth of the various product segments that are expected to dominate the market
Regional analysis of the market
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
Customize Ethylene Tetrafluoroethylene Market Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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