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Ethylene Tetrafluoroethylene (ETFE) Market - 39% of Growth to Originate from North America | Usage of ETFE In Building & Construction Industry to Boost Market| 17000+ Technavio Reports

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Feb 14, 2022, 10:30 ET

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NEW YORK, Feb. 14, 2022 /PRNewswire/ -- The "Ethylene Tetrafluoroethylene (ETFE) Market by Application (Films and sheets, Wire and cables, Tubes, Coatings, and Others) and Geography (North America, APAC, Europe, MEA, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 39% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for ethylene tetrafluoroethylene (ETFE) in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America. The building and construction industry in the region in countries such as the US and Canada offers high growth opportunities to the regional ETFE market. Building construction and infrastructure development activities in the region are increasing at a rapid pace. ETFE has been used for the construction of various buildings and structures in the US. For instance, the US Bank Stadium in Minnesota has a transparent roof constructed with ETFE panels provided by US-based company 3M through its brand 3M Dyneon. US-based firm HKS Architects designed the stadium roof using ETFE film cushion technology. 

Attractive Opportunities in Ethylene Tetrafluoroethylene (ETFE) Market by Application and Geography - Forecast and Analysis 2022-2026
Attractive Opportunities in Ethylene Tetrafluoroethylene (ETFE) Market by Application and Geography - Forecast and Analysis 2022-2026

The potential growth difference for the ethylene tetrafluoroethylene (ETFE) market between 2021 and 2026 is USD 193.11  million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Ethylene Tetrafluoroethylene (ETFE) Market Dynamics:

  • Market Driver - The key factor driving the global ethylene tetrafluoroethylene (ETFE) market growth is the usage of ETFE in the building and construction industry. ETFE films are suitable for architectural applications, as they offer stress-crack resistance and can maintain resistance to harsh weather. The ETFE is now used in big projects. The preference of ETFE over conventional glass for the construction of roofs and panels in such large-scale architectural projects will drive the market growth during the forecast period.
  • Market Challenges -  The key challenge to the global ethylene tetrafluoroethylene (ETFE) market growth is the risks involved during the handling of ETFE resins. When ETFE resins are heated to temperatures above 200°C-260°C, some decomposition products may be given off. These decomposition products may be harmful, and the inhalation of these fumes must be avoided. Furthermore, smoking tobacco or cigarettes contaminated with ETFE may cause flu-like symptoms, such as chills, fever, and sore throat. Additionally, mixing ETFE with some finely divided metals, such as magnesium or aluminum, can be flammable or explosive under some conditions. Various trade associations such as the Plastics Industry Association in the US and Plastics Europe offer guidelines for vendors for the safe handling of fluoropolymer resins, including ETFE resins

    To learn about additional key drivers, trends, and challenges- Read our FREE Sample Report right now!

Ethylene Tetrafluoroethylene (ETFE) Market Segmentation

The ethylene tetrafluoroethylene (ETFE) market report is segmented by Application (Films and sheets, Wire and cables, Tubes, Coatings, and Others) and Geography (North America, APAC, Europe, MEA, and South America).  Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the ethylene tetrafluoroethylene (ETFE) market size and actionable market insights on each segment.

View our sample report for additional insights into the contribution of all the segments & regional opportunities in the report.

Some Companies Mentioned
The ethylene tetrafluoroethylene (ETFE) market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market.

    • 3M Co.
    • AGC Inc.
    • Daikin Industries Ltd.
    • DuPont de Nemours Inc.
    • HaloPolymer OJSC
    • Hubei Everflon Polymer CO. Ltd.
    • Mitsubishi Chemical Corp.
    • Solvay SA
    • The Chemours Co.
    • Zeus Industrial Products Inc.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:
Ethylene Propylene Diene Monomer Market -The ethylene propylene diene monomer (EPDM) market has the potential to grow by USD 511 million during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 6.40%. Download a free sample now!

Polyethylene Terephthalate Market -The polyethylene terephthalate market share is expected to increase by USD 15.09 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.98%. Download a free sample now!

Ethylene Tetrafluoroethylene (ETFE) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.00%

Market growth 2022-2026

USD 193.11 million

Market structure

Fragmented

YoY growth (%)

7.00

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 39%

Key consumer countries

US, China, Germany, Japan, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., AGC Inc., Daikin Industries Ltd., DuPont de Nemours Inc., HaloPolymer OJSC, Hubei Everflon Polymer CO. Ltd., Mitsubishi Chemical Corp., Solvay SA, The Chemours Co., and Zeus Industrial Products Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Films and sheets - Market size and forecast 2021-2026
  • Wire and cables - Market size and forecast 2021-2026
  • Tubes - Market size and forecast 2021-2026
  • Coatings - Market size and forecast 2021-2026
  • Others - Market size and forecast 2021-2026
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2021-2026
  • APAC - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor Landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • AGC Inc.
  • Daikin Industries Ltd.
  • DuPont de Nemours Inc.
  • HaloPolymer OJSC
  • Hubei Everflon Polymer CO. Ltd.
  • Mitsubishi Chemical Corp.
  • Solvay SA
  • The Chemours Co.
  • Zeus Industrial Products Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected] 
Website: www.technavio.com/

SOURCE Technavio

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