Polychlorotrifluoroethylene Market Share Value, Size Estimate, Emerging Audience, Region Overview, Business Opportunities, Sales and Revenue Chain Structure till Forecast 2023

“Polychlorotrifluoroethylene Market Research Report – Forecast to 2023rn”
Polychlorotrifluoroethylene Global Industry Research Report evaluates the growth trends of the market through historical study and estimates future prospects based on comprehensive research.

The report extensively provides the industry share, growth, trends and forecasts for the period 2019-2022. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).

Market overview:

Polychlorotrifluoroethylene (PCTFE) is a homopolymer of chlorotrifluoroethylene with chemical formula (C2ClF3)n, where ‘n’ is the number of monomer units. PCTFE is a thermoplastic polymer of chlorofluoropolymer and offers excellent properties like high tensile strength, creep resistance, high compressive strength, superior thermal characteristics, no flammability, better moisture protection, high chemical resistance, and low coefficient of thermal expansion.

Competitive Analysis

The key players in the global polychlorotrifluoroethylene market are 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 Overview:

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.

Based on form, the global polychlorotrifluoroethylene market has been segmented into powder, pellet, and granule. The powdered or pellet form of PCTFE can be prepared by treating an aqueous suspension of chlorotrifluoroethylene with polymerization catalysts. Whereas, the granular form is produced by suspension polymerization in an aqueous medium with no dispersing agent. The powdered form of PCTFE has the largest market share owing to its superior chemical and thermal characteristics. NEOFLON PCTFE molding powder, a DAIKIN INDUSTRIES Ltd. product, has various applications in the production of seals and gaskets, laboratory ware, coatings for pipes, fittings, and valves. Additionally, recent advances in the aerospace and pharmaceutical industries are expected to drive the global PCTFE market.

Based on end-use industry, the global polychlorotrifluoroethylene market has been segmented into pharmaceuticals, electrical and electronics, aerospace, and others. Aerospace sector accounted for the largest market share in global PCTFE market in 2017 due to its use in various end-use applications due to low outgassing value, low inflammability, and light weight. PCTFE can retain its mechanical properties under a wide temperature range and is chemically resistant to aggressive chemicals which make it ideal for manufacturing valves, impellers, diaphragms and plugs which propels the global polychlorotrifluoroethylene market.

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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.

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.

Target audience:

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

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat Of New Entrants

4.2.2 Bargaining Power Of Buyers

4.2.3 Bargaining Power Of Suppliers

4.2.4 Threat Of Substitutes

4.2.5 Intensity Of Competitive Rivalry

5 Market Dynamics Of Global Polychlorotrifluoroethylene Market

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