Polychlorotrifluoroethylene Market Analysis,Size,Share,Opportunity Assessment, Leading Regions and Top 5 Brands Growth Strategies till 2023

“Polychlorotrifluoroethylene”
Polychlorotrifluoroethylene Market Research Report — by Form (Powder, Pellet, Granule), Application (Films and sheets, Wires and Cables, Coating), End-Use Industry (Pharmaceutical, Aerospace, Electrical and Electronics), Region — Global Forecast to 2023

Market Defination:

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.

Competitive Analysis:

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).

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Market Segmentation:

The global polychlorotrifluoroethylene market has been segmented based on form, application, end-use industry, and region.

On the basis of form, the global polychlorotrifluoroethylene market has been segmented as powder, pellet, and granule.

By application, the global polychlorotrifluoroethylene market 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 market has been categorized into pharmaceuticals, electrical and electronics, aerospace, oil and gas, and others.

The global polychlorotrifluoroethylene market has been studied across five regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Target audience:

  • Traders and distributors of polychlorotrifluoroethylene
  • Polychlorotrifluoroethylene manufacturers
  • Potential investors
  • Production process industries
  • Raw material suppliers
  • Nationalized laboratories
  • Aerospace & pharmaceutical companies.

 

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

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