Global ETFE Market
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Global ETFE Market was valued at US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.
The fast growing construction and building industry helps in the growth of global ETFE market. There is positive advantage of the use of ETFE instead of glass. The thrermal properties of ETFE is another driver to the global ETFE market. These include low melting point and wide range of thermal stability. The use of ETFEfor the production of acid and base resistant injection product is another driving factor to the global ETFE market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
However environmental damage caused by the construction of ETFE based has led the administerative agencies to impose and strict principles on key market participants whichare the cause for the potential downfall of the global market.
Based on type segment ,the pellet/granule segment is expected to holdlargest market share during forecast period. Ethylene tetrafluoroethylene particles are extensively used in the alkali-resistant injection products and acid-resistantcables & electric wires, andvalve lining, spray painting. Ethylene tetrafluoroethylene in granular form is extruded into films & sheets and wires & cables, which are then used by various end-use industries like aerospace, automotive, architecture and chemical processing.
On the basis of technology segment, the injection technology segment is projected to grow highest CAGR during forecast period. Ethylene tetrafluoroethylene resins can be treated at a widespread range of temperatures because of their better thermal permanency and low melting points using the conservative injection molding techniques. Ethylene tetrafluoroethylene mastics are also strong to ultraviolet rays, making them suitable for outdoor applications.
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Last Update : 03 July 2020
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