Global Perfluoropolyether PFPE Market By Overview
Perfluoropolyether’s market accounted for US$ 684.23 billion in 2020 and is estimated to be US$ 1159.94 billion by 2030 and is anticipated to register a CAGR of 5.5%.
Perfluoropolyether (PFPE) is fluorinated synthetic fluid with low-molecular-weight. Perfluoropolyether is non-toxic with non-flammable properly. It is used in extreme temperatures varying from the temperature range of −80°C to 200°C. Molecular structure of PFPE varies from linear, branched, and combination of both based on its applications. PFPE gives temperature resistivity, lubricity, and ability to prevent wear, and volatility to fluid. Perfluoropolyether is a liquid polymer with wide range of application in the automotive, aerospace, and electronics sectors owing to its versatility. Perfluoropolyether’s have high oxidative as well as thermal stability. Its excellent characteristics such as low volatility for extended life, chemical inertness, and its low surface tension makes it a fuel of choice.
Global Perfluoropolyether PFPE Market By Dynamics
Rising demand of non-toxic lubricants
Increasing demand for non-toxic, non-flammable, corrosion-resistant lubricants from the automotive as well as aerospace sector, particularly in developing countries, is primary factor expected to drive growth of the global perfluoropolyether market over the forecast period. In addition, growing automotive and aerospace sector across the globe is another major factor expected to boost growth of the target market over the forecast period. Furthermore, rapidly growing demand for perfluoropolyether for coating the surfaces of tiles, stones, glass, and ceramics, coupled with its increasing use in the electronics industry as vacuum grease in processing of semiconductor are some among the other factors expected to boost demand for perfluoropolyether, thereby propelling growth of the global market in next 10 years. Also, PFPE is used in the CD drives as a top-coating lubricant which a key factor supporting growth of the target market. Increasing R&D investments by manufacturers operating in the target market, in order to gain competitive edge is expected to support growth of the global perfluoropolyether market in near future.
However, declining market for CD drives, coupled with the emission of fumes from the PFPE fluid upon contact with high temperature are major factors expected to hinder growth of the global perfluoropolyether market in the near future.
Global Perfluoropolyether PFPE Market By Segmentation
The perfluoropolyether’s market is segmented based on type, form, application, and region.
On the basis of type, the global perfluoropolyether market is segmented into PFPE-K, PFPE-Y, PFPE-D, PFPE-M, and PFPE-Z. On the basis of form, the market is segmented into PFPE- grease and PFPE- oil. The application segment includes automotive, aerospace, electronics, chemicals, and others.
Regional Insights:
The perfluoropolyether’s market accounted for US$ 684.23 billion in 2020 and is estimated to be US$ 1159.94 billion by 2030 and is anticipated to register a CAGR of 5.5%. On region the global perfluoropolyether’s market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to account for major revenue share in global perfluoropolyether market, followed by markets in another region. Increasing use of perfluoropolyether in aerospace applications, owing to its excellent properties, couples with the growing automotive as well as aerospace sector in the countries of the region are some major factors expected to support growth of the North America market over the forecast period. Europe perfluoropolyether market accounted for significant market share. The market in Asia Pacific is expected to account significant share over the forecast period owing to growing spending on research and development in the defense, automotive, and aerospace sectors especially in the emerging economies such as China and India of the region.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Type- PFPE-K, PFPE-Y, PFPE-D, PFPE-M, and PFPE-Z By Form- PFPE-grease and PFPE-oil By Application– Automotive, Aerospace, Electronics, and Chemicals |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global perfluoropolyether’s market report based on type, form, application, and region.
Perfluoropolyether’s Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Perfluoropolyether PFPE Market By Key Players
The key players operating in the perfluoropolyether’s market includes Dupont (Chemours), SOLVAY, DAIKIN, Dow Corning, Kluber Lubrication GmbH, ICAN Inc., M&I Materials Limited, Nye Lubricants, Hunan Nonferrous, and IKV Tribology. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global perfluoropolyether market.
Global Perfluoropolyether PFPE Market By Company Profile
- Dupont (Chemours)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SOLVAY
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DAIKIN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dow Corning
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kluber Lubrication GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ICAN Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- M&I Materials Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nye Lubricants
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hunan Nonferrous
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IKV Tribology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Perfluoropolyether PFPE Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Perfluoropolyether Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- PFPE-K
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- PFPE-Y
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- PFPE-D
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- PFPE-M
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- PFPE-Z
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Form 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- PFPE-grease
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- PFPE-oil
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Aerospace
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Electronics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Chemicals
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Form, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Form, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Form, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Form, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Form, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Dupont (Chemours)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SOLVAY
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DAIKIN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dow Corning
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kluber Lubrication GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ICAN Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- M&I Materials Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nye Lubricants
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hunan Nonferrous
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IKV Tribology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Global Perfluoropolyether PFPE Market By Highlights
FAQs
Perfluoropolyether (PFPE) Market issegmented on basis of type, application and region.
The market in North America currently dominates the market for perfluoropolyether and is expected to continue its strong hold for a few more years owing to increasing use of perfluoropolyether in aerospace applications.
On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to account major market share as compared to that of other regions.