Industry Background:
Ethylene tetrafluoroethylene (ETFE) is a fluorine-based plastic. ETFE coatings are intended to give uniform thick or thin film coatings and are based on a modified ETFE. There are various properties of ETFE such as High performance thermal, Chemical and electrical properties and Outstanding mechanical toughness. ETFE coatings have excellent chemical resistance and can operate at 150°C/300°F. The resins within these coatings are the toughest within the fluoropolymer range and can be applied at film builds up to 1,000 micrometres.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), DowDuPont (United States), Daikin Industries (Japan), Asahi Glass Company (Japan), The Chemours Company (United States), 3M (United States), Quadrant (Switzerland), Guangzhou LiChang Fluoroplastics (China), Hubei Everflon Polymer (China) and Ensinger (Germany) |
This growth is primarily driven by Better Properties than Glass and Other Conventional Fluoropolymers and High Demand in the Construction Industry.
Globally, a noticeable market trend is evident Eco-Friendly and Recyclable
The Chemicals sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as BASF (Germany), DowDuPont (United States), Daikin Industries (Japan), Asahi Glass Company (Japan), The Chemours Company (United States), 3M (United States), Quadrant (Switzerland), Guangzhou LiChang Fluoroplastics (China), Hubei Everflon Polymer (China) and Ensinger (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The Global ETFE Coatings market is highly fragmented and the key vendors have used different strategies including new product launches, agreements, expansions, joint ventures, partnerships, acquisitions, and others to rise their footprints in ETFE Coatings market.
In 2022, BASF inaugurated a new research center for electrophoretic dip coating at its headquarters in Münster-Hiltrup, Germany.The electrophoretic or cathodic dip coat (e-coat) protects the surfaces, edges, and cavities of a car body against corrosion and smoothes out the roughness of the pre-treated metal surfaces, providing the best foundation for the future paint layers.
Influencing Trend:
Eco-Friendly and Recyclable and Growing Demand in End-Use Industries
Market Growth Drivers:
Better Properties than Glass and Other Conventional Fluoropolymers and High Demand in the Construction Industry
Challenges:
ETFE is Not Completely Soundproof
Restraints:
Transfers More Sound than Glass
Opportunities:
Huge Opportunity Due to Applications of ETFE
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in ETFE Coatings Market
- Analysis about New Entrants in ETFE Coatings Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, ETFE Coatings Study Sheds Light on
The ETFE Coatings Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the ETFE Coatings industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where ETFE Coatings industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.