About Perfluoromethylvinylether
Perfluoromethylvinylether is a generally known monomer which is used in the number of end use industries. It is used for the production fluorine containing rubbers. Owing to its excellent chemical properties, the demand for perfluoromethylvinylether in the development new-style fluoro plastics and fluoro rubber has been increased. Further it is used as solvent in closed systems for various extraction and cleaning purposes in organic synthesis. In addition, it is used for production of pesticides which prevents growth of pest in farm which is also beneficial for the crop growth. Thus, demand for the pesticides production is rising on continue basis. Thus, owing to its wide applicability in different end use industry, the demand for perfluoromethylvinylether has been raised.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of perfluoromethylvinylether is expected to grow with rising demand from industrial and manufacturing sectors. Several companies are operating in the market to provide perfluoromethylvinylether. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Perfluoromethylvinylether market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Parker Hannifin (United States), Solvay S.A (Belgium), Dowdupont (United States), Merck KGaA (Germany), BOC Sciences (United States), BASF SE (Germany), 3M Dyneon LLC (United States), Daikin Industries (Japan) and SynQuest Labs, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Formosa Group (United States), Haihang Industry (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Perfluoromethylvinylether market by and Region.
On the basis of geography, the market of Perfluoromethylvinylether has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Stored Based will boost the Perfluoromethylvinylether market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Agrochemicals will boost the Perfluoromethylvinylether market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Cans will boost the Perfluoromethylvinylether market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference for Fluro Based Resins
Market Growth Drivers:
Rising Demand for Perfluoromethylvinylether in Agricultural & Chemical Industry and Increasing applicability in Rubber and Plastics to the Demand of Perfluoromethylvinylether
Challenges:
Availability of Alternatives and Side Effects Associated with Inhalation of Perfluoromethylvinylether
Restraints:
High Production Cost of Perfluoromethylvinylether may Restrains its Demand
Opportunities:
Rising Demand for Perfluoropolymers in Electrical Appliances has created Growth Opportunities
Market Leaders and their expansionary development strategies
In October 2019, Parker Hannifin Corporation, the global leader in motion and control technologies, acquisition of LORD Corporation, a leading manufacturer of advanced adhesives and coatings, as well as vibration and motion control technologies, for approximately USD 3.675 billion in cash. The strategic transaction creates a combined organization with strong materials science capabilities, electrification and aerospace product offerings that are highly complementary.
In November 2022, Alfa Chemistry launched a new website for the supply of a full range of fluoropolymers, encompassing: PTFE (Polytetrafluoroethylene), FEP (Fluorinated Ethylene Propylene), PFA (Perfluoroalkoxy alkane), ETFE (Ethylene-tetrafluoroethylene), PVDF (Polyvinylodinefluoride), ECTFE (Ethylene-chlorotrifluoroethylene), PCTFE (Polychlorotrifluoroethylene), MFA (TFE/Perfluoromethylvinylether Copolymer), and other copolymers.
Key Target Audience
Perfluoromethylvinylether Manufacturers, Perfluoromethylvinylether Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.