市场调查报告书
商品编码
1489490
全球含氟聚合物市场 - 2024-2031Global Fluoropolymers Market - 2024-2031 |
※ 本网页内容可能与最新版本有所差异。详细情况请与我们联繫。
概述
全球氟聚合物市场在 2023 年达到 98 亿美元,预计到 2031 年将达到 1,570 万美元,2024-2031 年预测期间复合年增长率为 6.1%。
含氟聚合物具有低摩擦係数并具有不黏特性,这使其成为减少摩擦和防止黏连至关重要的应用的理想选择。该财产用于多种行业,包括食品加工、包装和医疗设备。 Inox GFL 集团是印度着名的商业集团,正在透过其子公司 Gujarat Fluorochemical (GFL) 扩大其含氟聚合物和特种化学品业务。例如,截至2022年11月22日,GFL是全球含氟聚合物的主要供应商,主要集中在欧洲和美国。该公司对含氟聚合物和电池化学品不断增长的机会感到乐观,并计划扩大其在FKM(氟橡胶)和PVDF(聚偏二氟乙烯(PVDF))等关键产品的产能。
亚太地区见证了含氟聚合物产业的重大成长,因为它们具有广泛的应用,例如化学、热能和电气。日本含氟聚合物製造商 Junkosha 正在扩大其介入医疗零件製造基地的产能。例如,2023 年 7 月 19 日,该公司计划在 2025 年在日本笠间建造一座新工厂,以支援其 PTFE 衬里产品和可剥离 FEP 热缩管产品组合。目标是使 PTFE 衬里产品增长四倍,使可剥离 FEP 热缩管增长三倍。
动力学
透过含氟聚合物推动再生能源发展
含氟聚合物在推进再生能源技术方面发挥关键作用。它在太阳能电池板中的广泛应用透过提供极端温度和湿度等环境因素的保护来提高性能和耐用性,同时还提供卓越的电绝缘性。透过提高太阳能板的效率和寿命,含氟聚合物有助于扩大再生能源发电。
此外,含氟聚合物有助于推动向清洁能源的过渡和实现环境永续发展目标。然而,由于对某些类型的 PFAS 的担忧,对含氟物质进行了广泛的限制,这对其在清洁能源技术中的利用构成了潜在的障碍。儘管面临这些挑战,含氟聚合物仍然是各种清洁能源系统中不可或缺的组成部分,包括太阳能电池板、风力涡轮机、绿氢生产以及电动车和储能电池。
政府倡议
政府措施在刺激含氟聚合物市场成长方面发挥关键作用,重点是资助旨在推进含氟聚合物技术的研发活动。这些措施包括旨在刺激创新、提高产品性能和增强製造流程的补贴和税收优惠。
例如,2023 年2 月22 日,政府宣布降低酸级萤石的关税,这是一种用作氢氟酸(HF) 前体的关键矿物,而氢氟酸(HF) 对含氟聚合物的製造至关重要。这项政策变化对于含氟聚合物製造商来说尤其重要,因为它有助于确保稳定的供应链并支持产业的成长。
含氟聚合物在各种应用中发挥关键作用,包括消费性电子产品、智慧城市、救生诊断和通讯。为了确保安全和负责任地使用含氟聚合物,各国政府制定了促进产品品质、环境永续性和消费者安全的法规和标准。该法规还为含氟聚合物产品的适当处理、储存和处置提供了指导方针,进一步促进了市场成长。
此外,各国政府也实施贸易政策和出口促进倡议,以促进含氟聚合物产品的全球贸易。这些措施可能包括关税削减、自由贸易协定和出口奖励措施,旨在提高国内含氟聚合物製造商在国际市场的竞争力。透过创造有利的贸易环境,各国政府为扩大含氟聚合物市场做出了贡献,并支持该产业在全球的发展。
含氟聚合物的成本效益挑战
与其他聚合物相比,含氟聚合物面临明显的成本挑战,这主要是由于其製造流程和所需原材料的复杂性。这些因素导致与含氟聚合物相关的成本较高,使得它们对于某些应用来说在经济上不太可行,特别是那些成本是重要考虑因素的应用。
此外,含氟聚合物由于其高熔融温度和高熔体黏度而带来独特的加工挑战。通常需要专用设备和加工技术来有效处理含氟聚合物,这增加了製造过程的复杂性和成本。加工中固有的挑战进一步阻碍了含氟聚合物市场的成长,特别是在成本效率至关重要的行业。
Overview
Global Fluoropolymers Market reached US$ 9.8 billion in 2023 and is expected to reach US$ 15.7 million by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.
Fluoropolymers have a low coefficient of friction and exhibit non-stick characteristics, which makes them ideal for applications where reducing friction and preventing sticking is crucial. The property is utilized in various industries, that includes food processing, packaging and medical devices. The Inox GFL Group, a prominent business group in India, is expanding its fluoropolymer and specialty chemical operations through its subsidiary Gujarat Fluorochemical (GFL). For instance, on 22 Nov 2022, GFL is a major supplier of fluoropolymers globally, with a focus on Europe and US. The company is optimistic about the growing opportunities in fluoropolymers and battery chemicals and plans to expand its capacity in key products such as FKM (fluoroelastomers) and PVDF (Polyvinylidene Fluoride (PVDF)).
Asia-Pacific witnessed major growth in the fluoropolymer industry as they have a wide variety of application such as chemical, thermal and electrical. Japanese fluoropolymer manufacturer Junkosha is expanding its capacity across its interventional medical component manufacturing sites. For instance, on 19 July 2023, the company plans to build a new facility in Kasama, Japan, by 2025 to support its PTFE Liner products and peelable FEP Heat Shrink Tubing portfolio. The goal is to achieve four times growth in PTFE Liner products and three times growth in peelable FEP Heat Shrink Tubing.
Dynamics
Renewable Energy Advancement through Fluoropolymers
Fluoropolymers play a pivotal role in advancing renewable energy technologies. Its widespread application in solar panels enhances performance and durability by providing protection against environmental elements like extreme temperatures and moisture, while also offering superior electrical insulation. By bolstering the efficiency and longevity of solar panels, fluoropolymers facilitate the expansion of renewable energy generation.
Moreover, fluoropolymers are instrumental in driving the transition to clean energy and meeting environmental sustainability objectives. However, broad restrictions on fluorine-containing substances, prompted by concerns regarding certain types of PFAS, pose a potential obstacle to their utilization in clean energy technologies. Despite these challenges, fluoropolymers remain indispensable components in various clean energy systems, including solar panels, wind turbines, green hydrogen production and batteries for electric vehicles and energy storage.
Government Initiatives
Government initiatives play a pivotal role in stimulating growth in the fluoropolymer market, with a focus on funding research and development activities aimed at advancing fluoropolymer technologies. The initiatives encompass subsidies and tax incentives designed to spur innovation, improve product performance and enhance manufacturing processes.
For instance, on February 22, 2023, the government announced a reduction in customs duty on acid-grade fluorspar, a key mineral used as a precursor to Hydrofluoric acid (HF), which is essential for fluoropolymer manufacturing. The policy change is particularly significant for fluoropolymer manufacturers, as it helps ensure a stable supply chain and supports the growth of the industry.
Fluoropolymers play a critical role in various applications, including consumer electronics, smart cities, life-saving diagnostics and communications. To ensure the safe and responsible use of fluoropolymers, governments establish regulations and standards that promote product quality, environmental sustainability and consumer safety. The regulations also provide guidelines for the appropriate handling, storage and disposal of fluoropolymer products, further bolstering market growth.
Moreover, governments implement trade policies and export promotion initiatives to facilitate the global trade of fluoropolymer products. The initiatives may include tariff reductions, free trade agreements and export incentives aimed at enhancing the competitiveness of domestic fluoropolymer manufacturers in international markets. By fostering an enabling environment for trade, governments contribute to the expansion of the fluoropolymer market and support the growth of the industry on a global scale.
Challenges in the Cost-Effectiveness of Fluoropolymers
Fluoropolymers present distinct cost challenges compared to other polymers, primarily due to the complexities involved in their manufacturing processes and the raw materials required. The factors contribute to the higher cost associated with fluoropolymers, making them less economically feasible for certain applications, particularly those where cost is a significant consideration.
Moreover, fluoropolymers pose unique processing challenges due to their high melting temperatures and high melt viscosity. Specialized equipment and processing techniques are often necessary to handle fluoropolymers effectively, adding complexity and cost to manufacturing processes. The inherent challenges in processing further impede the growth of the fluoropolymer market, particularly in industries where cost efficiency is paramount.
The global fluoropolymers market is segmented based on type, application and region.
Fluoropolymer Tubing Revolutionizing Medical Applications
Fluoropolymer tubing, including Polytetrafluoroethylene (PTFE) and FEP Fluorinated Ethylene Propylene (FEP), has become indispensable in the medical industry. Renowned for their exceptional chemical resistance, low friction and non-stick properties, these materials are extensively used in catheters, endoscopes and various fluid delivery systems. The smooth surface of fluoropolymer tubing minimizes the risk of clot formation and ensures effortless insertion and removal, enhancing patient comfort and safety.
Biotech Fluidics AB leads the way with its innovative PEEK fluoropolymer flexible tubing tailored for regulated environments, particularly in medical and life science applications with stringent biocompatibility requirements. On May 1, 2023, the company introduced FDA-certified tubing available in bulk or pre-cut quantities, guaranteeing high quality and reliability. Each supply of tubing is accompanied by comprehensive traceability information, ensuring transparency and accountability. Additionally, Biotech Fluidics AB offers sterilized tubing assemblies prepared in meticulously controlled clean room environments, further exemplifying its commitment to meeting the exacting standards of the medical industry.
Growing Focus on Environmental Sustainability and Technological Advancement
Asia-Pacific is the dominant region in the global fluoropolymers market covering about 30% of the market due to rising focus towards environmental sustainability and energy efficiency, leading to a surge in demand for fluoropolymers. The versatile polymers are essential components in energy-efficient coatings, membranes and insulation materials, contributing to reduced energy consumption and enhanced sustainability across industries such as construction and renewable energy.
Nippon Fusso stands at the forefront of fluoropolymer innovation, with over 50 years of expertise in developing tailored solutions to meet customer needs. Renowned for its non-stick, corrosion-resistant and high-purity features, the Japanese company offers greener, more efficient and safer solutions across various sectors, driving progress towards a sustainable future.
Simultaneously, the Asia-Pacific is witnessing a burgeoning electronic and semiconductor industry, fueled by the widespread adoption of smartphones, tablets and other electronic devices. As demand grows for high-performance devices capable of withstanding harsh operating conditions, fluoropolymers play a vital role in the production of semiconductor equipment and circuit boards.
For instance, Daikin Industries, a prominent Japanese company, announced plans to invest 100 billion yen (US$ 896 million) to double its production of fluoropolymers, crucial materials used in semiconductor manufacturing equipment. The strategic investment aligns with the anticipated surge in chip demand driven by the widespread adoption of 5G communication technology, further solidifying fluoropolymers' pivotal role in powering technological advancements across the Asia-Pacific.
The major global players include Daikin Industries, The Chemours Company, 3M, Solvay SA, The Dongyue Group, Gujarat Fluorochemicals Limited, Asahi Glass Corporation, Arkema, Nexgen Fluoropolymers Pvt. Ltd., Honeywell International Inc.
COVID-19 pandemic triggered a surge in demand for medical equipment and devices, including personal protective equipment (PPE), ventilators and diagnostic tools. Fluoropolymers, renowned for their biocompatibility and resistance to sterilization, are crucial components in the production of medical devices, leading to an increased demand for these materials.
However, the pandemic also disrupted global supply chains, adversely affecting the production and distribution of fluoropolymers. Government-imposed lockdowns, travel restrictions and reduced workforce availability resulted in delays in raw material procurement and transportation, impacting fluoropolymers manufacturing.
Furthermore, industrial sectors such as automotive, aerospace and construction experienced slowdowns or temporary shutdowns due to the pandemic. The directly impacted the demand for fluoropolymers in these sectors, as the production and consumption of related products and components decreased.
Amid the pandemic, there was a notable shift in consumer behaviors towards hygiene and cleanliness. The led to an increased demand for packaging materials with excellent barrier properties, such as fluoropolymers, to ensure the safety and protection of food, pharmaceuticals and other essential products.
Russia-Ukraine War Impact
The conflict between Russia and Ukraine has introduced significant economic instability within the affected regions. The instability has the potential to disrupt investment, business operations and consumer demand, consequently impacting the demand and production of fluoropolymers. Furthermore, the evolving geopolitical landscape resulting from the conflict may lead to shifts in market dynamics, influencing the global fluoropolymers market.
Moreover, the conflict has caused disruptions in supply chains, affecting the transportation of both raw materials and finished products. The disruption may impede the production and availability of fluoropolymers in the region, potentially resulting in supply shortages or price fluctuations.
Geopolitical tensions between countries involved in the conflict could also lead to the imposition of trade restrictions or economic sanctions. Such measures may hinder the import and export of goods, including fluoropolymers, impacting their availability and cost in the market. Additionally, the reluctance of companies to invest in regions affected by the conflict further exacerbates the challenges faced by the fluoropolymers market.
The global fluoropolymers market report would provide approximately 53 tables, 53 figures and 181 Pages.
Target Audience 2024
LIST NOT EXHAUSTIVE