About Nafion
Nafion is refer as a brand name for a sulfonated tetrafluoroethylene based fluoropolymer-copolymer. Nafion is a brand of the Chemours company. It is the first of a class of synthetic polymers with ionic properties which are basically called ionomers. Growing applications in fuel cell, hydrogen production, energy storage, acid catalysis, recovery of waste, and others is fueling the demand of Nafion in the current market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.6% |
A majority of key players in Nafion market are maintaining their strategic focus on increasing R&D investments and collaborative research efforts targeted to the discovery of novel Nafion structures leading to innovation applicability of Nafion membranes. Companies are eyeing an extended Nafion membrane portfolio catering to a diverse application demand. Analyst at AMA Research estimates that united States Vendors will contribute the maximum growth to Global Nafion 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.
DuPont (United States), Solvay (Belgium), Dongyue (China), Asahi Chemicals Co. Ltd. (Japan), Perma Pure LLC (United States), AGC Chemicals America Inc. (United States), Santa Cruz Biotechnology Inc (United States) and Thermo Fisher Scientific 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 FUJIFILM Wako Pure Chemical Corporation (Japan) and The Chemours Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Nafion market by Type (Membrane, Dispersions and Resin), Application (Energy, Analytics and Instrumentation, Coatings and Chemical Processing) and Region.
On the basis of geography, the market of Nafion 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 (South Africa, Egypt, Nigeria, Saudi Arabia), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct Channel will boost the Nafion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising penetration of invention and Growing applications in fuel cell, hydrogen production, energy storage, acid catalysis, recovery of waste, and others
Market Growth Drivers:
Diverse applicability owing to its unique ionic peculiarities, Strong combination of chemical and physical properties and Superior performance and endurance over other conventional counterparts in the industry
Challenges:
Availability of counterfeit products
Restraints:
Lack of research
Opportunities:
Increasing use of product market in emerging regions
Market Leaders and their expansionary development strategies
In October 2021,Perma Pure, a Halma company and industry leader in moisture management and sample gas conditioning products, is excited to announce the acquisition of Clayborn Labs.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.