DUBLIN--(BUSINESS WIRE)--The "ETFE Market by Type (Pellet/Granule, Powder), Technology (Extrusion, Injection), Application (Films & Sheets, Wires & Cables, Tubes, Coatings), and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Ethylene Tetrafluoroethylene (ETFE) market is projected to grow from USD 352.4 million in 2018 to USD 518.4 million by 2023, at a CAGR of 8.0% between 2018 and 2023.
The eco-friendly and recyclable properties of ethylene tetrafluoroethylene, increased demand for ethylene tetrafluoroethylene from various end-use industries, and better properties offered by ethylene tetrafluoroethylene than glass and other conventional fluoropolymers are driving the growth of the ETFE market across the globe.
Ethylene tetrafluoroethylene is used as an insulation material for wires & cables and cable jacketing. Ethylene tetrafluoroethylene-insulated wires & cables exhibit a high level of mechanical toughness, flexibility, and abrasion resistance. Ethylene tetrafluoroethylene insulations are commonly used in applications, which require high mechanical strength, improved chemical resistance, high-temperature endurance, and excellent electrical stability. These insulations are used for medical and scientific instruments, computers, motors, transformers, aircraft, appliances, process instrumentation, and marine systems.
The North American region is the largest market for ethylene tetrafluoroethylene across the globe. The growth of the North America ETFE market can be attributed to the increased demand for ethylene tetrafluoroethylene from the region as it is preferred for various applications in different end-use industries. Moreover, the increase in the number of commercial and institutional constructions in the North American region, backed by developments in the housing sector, is also expected to fuel the growth of the North America ETFE market during the forecast period.
Companies Mentioned
- Asahi Glass Company
- Daikin Industries, Ltd.
- The Chemours Company
- 3M
- Quadrant AG
- Guangzhou Lichang Fluoroplastics Co. Ltd.
- Hubei Everflon Polymer Co. Ltd.
- Ensinger GmbH
- Vector Foiltec
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 ETFE Market, By Type
7 ETFE Market, By Technology
8 ETFE Market, By Application
9 ETFE Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/v9wd6r/global_etfe?w=4
