Press release
Fluorinated Ethylene Propylene Market to garner significant revenues through 2025
According to the report published by Global Market Insights Inc., the global fluorinated ethylene propylene market was estimated at $695 million in 2018 and is expected to hit $1.2 billion by 2025, registering a CAGR of 8.3% from 2019 to 2025. The report provides a detailed analysis of the market size and estimations, major investment pockets, top winning strategies, drivers and opportunities, competitive scenario, and wavering market trends.
Request a Sample Report: https://www.gminsights.com/request-sample/detail/3263
The rise in demand for pickup trucks and small passenger cars has driven the growth of the fluorinated ethylene propylene (FEP) market over the past few years. FEP granules are well-suited for manufacturing the brake line tubing used in vehicles while being widely deployed to boost coolant circulation. Consistent sales of premium SUVs worldwide are expected to drive FEP consumption over the forecast period. An increase in the purchasing power of consumers across emerging economies will boost the auto manufacturing sector.
Key reasons for fluorinated ethylene propylene market growth:
o North America: Fluorinated Ethylene Propylene industry growth is driven by rising demand from Oil & Gas Industries
o Europe: Rising usage of Fluorinated Ethylene Propylene for the manufacture of lining and parts in Automotive Industry
o Asia: Growing demand from optical fiber and electrical & electronics industries
Based on products, the granules segment contributed to nearly 120 million FEP market revenue in 2018 and is expected to lead the trail throughout the forecast period. The dispersions segment, on the other hand, is likely to register over 5% gains during the study period.
North America to continue its top status in terms of revenue:
Based on geography, North America, driven by the U.S., Canada, and Mexico, surpassed $175 million in 2018 and is anticipated to maintain the lion's share during the estimated period. Simultaneously, the European region would register over 6% gains until 2025.
Make an inquiry for purchasing this report: https://www.gminsights.com/inquiry-before-buying/3263
Leading market players in the fluorinated ethylene propylene market:
1. 3M
2. DowDuPont
3. Daikin Industries, Ltd.
4. Shanghai
5. F New Materials Co. Ltd.
6. Saint-Gobain
7. Merck Millipore
8. The Chemours Company
9. Juhua Group Corporation
10. AMETEK, Inc.
11. Polyfluor Plastics B.V.
12. BASF
13. ITAFLON
14. Shandong Hengyi New Material Technology
15. Inoflon Fluoropolymers
Browse Complete Summery of this research report: https://www.gminsights.com/industry-analysis/fluorinated-ethylene-propylene-fep-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Request a Sample Report: https://www.gminsights.com/request-sample/detail/3263
The rise in demand for pickup trucks and small passenger cars has driven the growth of the fluorinated ethylene propylene (FEP) market over the past few years. FEP granules are well-suited for manufacturing the brake line tubing used in vehicles while being widely deployed to boost coolant circulation. Consistent sales of premium SUVs worldwide are expected to drive FEP consumption over the forecast period. An increase in the purchasing power of consumers across emerging economies will boost the auto manufacturing sector.
Key reasons for fluorinated ethylene propylene market growth:
o North America: Fluorinated Ethylene Propylene industry growth is driven by rising demand from Oil & Gas Industries
o Europe: Rising usage of Fluorinated Ethylene Propylene for the manufacture of lining and parts in Automotive Industry
o Asia: Growing demand from optical fiber and electrical & electronics industries
Based on products, the granules segment contributed to nearly 120 million FEP market revenue in 2018 and is expected to lead the trail throughout the forecast period. The dispersions segment, on the other hand, is likely to register over 5% gains during the study period.
North America to continue its top status in terms of revenue:
Based on geography, North America, driven by the U.S., Canada, and Mexico, surpassed $175 million in 2018 and is anticipated to maintain the lion's share during the estimated period. Simultaneously, the European region would register over 6% gains until 2025.
Make an inquiry for purchasing this report: https://www.gminsights.com/inquiry-before-buying/3263
Leading market players in the fluorinated ethylene propylene market:
1. 3M
2. DowDuPont
3. Daikin Industries, Ltd.
4. Shanghai
5. F New Materials Co. Ltd.
6. Saint-Gobain
7. Merck Millipore
8. The Chemours Company
9. Juhua Group Corporation
10. AMETEK, Inc.
11. Polyfluor Plastics B.V.
12. BASF
13. ITAFLON
14. Shandong Hengyi New Material Technology
15. Inoflon Fluoropolymers
Browse Complete Summery of this research report: https://www.gminsights.com/industry-analysis/fluorinated-ethylene-propylene-fep-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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