PUBLISHER: IMARC | PRODUCT CODE: 1291502
PUBLISHER: IMARC | PRODUCT CODE: 1291502
Perfluoroalkoxy Alkane Market by Product Type, Application, and Region 2023-2028
Market Overview:
The global perfluoroalkoxy alkane (PFA) market size reached US$ 430.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 577.8 Million by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028. The thriving oil and gas industry, rising demand for PFA coatings, and the growing application of PFA pressure tubing to protect flue gas heat exchangers represent some of the key factors driving the market.
Perfluoroalkoxy alkane (PFA) is a copolymer of tetrafluoroethylene and perfluoroalkyl vinyl ether with properties like polytetrafluoroethylene (PTFE). It is transparent or clear in appearance that can be applied to any color-coded surface. It can be molded into various shapes through conventional molding methods, such as extrusion, compression, blow, transfer, and injection molding. It is used as corrosion inhibitor coatings on metallic substrates due to its high anti-stick and chemical resistance properties. PFA is also employed as an inert material for semiconductor wafer carriers, medical devices, and food processing and packaging equipment. It finds applications in chemical processing plants to prevent equipment failures and reduce high operating costs and emissions. It assists in producing extruded wire insulation, protective film, tubing, sheet linings, and pump housings. Besides this, it provides high resistance to chemicals, ultraviolet (UV) radiation, and temperature, enhanced dielectric strength, and low dissipation factor and dielectric constant. As a result, PFA is widely utilized in the oil and gas, semiconductor, paint and coating, and pharmaceutical industry across the globe.
Perfluoroalkoxy Alkane (PFA) Market Trends:
At present, there is an increase in the demand for high-purity PFA in critical fluid transport tubing applications. This represents one of the key factors supporting the growth of the market. Besides this, there is a rise in the demand for PFA in the chemical processing industry due to its thermal and mechanical shock resistance properties. This, coupled with the growing utilization of PFA in the manufacturing process to reduce the rate of corrosion and prevent production delays, is positively influencing the market. In addition, the rising demand for PFA coatings due to high resistance to strong mineral acids, inorganic bases, and inorganic oxidizing agents is propelling the growth of the market. Moreover, there is an increase in the employment of PFA in the oil and gas industry as it can coat various substrates, such as carbon, steel, steel alloys, brass, and aluminum. This, along with the thriving oil and gas industry around the world, is strengthening the growth of the market. Apart from this, the growing application of PFA pressure tubing to protect flue gas heat exchangers from damage caused by extreme temperatures is offering a favorable market outlook. Additionally, the escalating demand for PFA as the insulation of communication cables or components for electronic devices wherein low dissipations are needed is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global perfluoroalkoxy alkane (PFA) market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product type and application.
Product Type Insights:
- Pellets
- Powder
- Aqueous Dispersion
The report has provided a detailed breakup and analysis of the perfluoroalkoxy alkane (PFA) market based on the product type. This includes pellets, powder, and aqueous dispersion. According to the report, powder represented the largest segment.
Application Insights:
- Oil and Gas
- Chemical Processing Industry
- Fiber Optics
- Semiconductor
- Cookware and Bakeware Coatings
- Electrical Insulation
- Others
A detailed breakup and analysis of the perfluoroalkoxy alkane (PFA) market based on the application has also been provided in the report. This includes oil and gas, chemical processing industry, fiber optics, semiconductor, cookware and bakeware coatings, electrical insulation, and others. According to the report, chemical processing industry accounted for the largest market share.
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for perfluoroalkoxy alkane (PFA). Some of the factors driving the Asia Pacific perfluoroalkoxy alkane (PFA) market included the growing air pollution, rising investments by governing agencies, increasing fuel demand, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global perfluoroalkoxy alkane (PFA) market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 3M Company, AGC Inc., Daikin Industries Ltd., Hubei Everflon Polymer Co. Ltd., PT. Nippon Pillar Manufacturing Indonesia, RTP Company Inc. (Miller Waste Mills Inc.), Solvay, Zeus Company Inc., Zibo Bainaisi Chemical Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global perfluoroalkoxy alkane (PFA) market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global perfluoroalkoxy alkane (PFA) market?
- What is the impact of each driver, restraint, and opportunity on the global perfluoroalkoxy alkane (PFA) market?
- What are the key regional markets?
- Which countries represent the most attractive perfluoroalkoxy alkane (PFA) market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the perfluoroalkoxy alkane (PFA) market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the perfluoroalkoxy alkane (PFA) market?
- What is the competitive structure of the global perfluoroalkoxy alkane (PFA) market?
- Who are the key players/companies in the global perfluoroalkoxy alkane (PFA) market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Perfluoroalkoxy Alkane (PFA) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Pellets
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Powder
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Aqueous Dispersion
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Oil and Gas
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Chemical Processing Industry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Fiber Optics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Semiconductor
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Cookware and Bakeware Coatings
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Electrical Insulation
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 3M Company
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 AGC Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Daikin Industries Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Hubei Everflon Polymer Co. Ltd.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 PT. Nippon Pillar Manufacturing Indonesia
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 RTP Company Inc. (Miller Waste Mills Inc.)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Solvay
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Zeus Company Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Zibo Bainaisi Chemical Co. Ltd.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.1 3M Company
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Perfluoroalkoxy Alkane Market: Major Drivers and Challenges
- Figure 2: Global: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Perfluoroalkoxy Alkane Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Perfluoroalkoxy Alkane Market: Breakup by Application (in %), 2022
- Figure 6: Global: Perfluoroalkoxy Alkane Market: Breakup by Region (in %), 2022
- Figure 7: Global: Perfluoroalkoxy Alkane (Pellets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Perfluoroalkoxy Alkane (Pellets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Perfluoroalkoxy Alkane (Powder) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Perfluoroalkoxy Alkane (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Perfluoroalkoxy Alkane (Aqueous Dispersion) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Perfluoroalkoxy Alkane (Aqueous Dispersion) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Perfluoroalkoxy Alkane (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Perfluoroalkoxy Alkane (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Perfluoroalkoxy Alkane (Chemical Processing Industry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Perfluoroalkoxy Alkane (Chemical Processing Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Perfluoroalkoxy Alkane (Fiber Optics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Perfluoroalkoxy Alkane (Fiber Optics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Perfluoroalkoxy Alkane (Semiconductor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Perfluoroalkoxy Alkane (Semiconductor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Perfluoroalkoxy Alkane (Cookware and Bakeware Coatings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Perfluoroalkoxy Alkane (Cookware and Bakeware Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Perfluoroalkoxy Alkane (Electrical Insulation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Perfluoroalkoxy Alkane (Electrical Insulation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Perfluoroalkoxy Alkane (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Perfluoroalkoxy Alkane (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Perfluoroalkoxy Alkane Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Perfluoroalkoxy Alkane Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Perfluoroalkoxy Alkane Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Perfluoroalkoxy Alkane Industry: Drivers, Restraints, and Opportunities
- Figure 77: Global: Perfluoroalkoxy Alkane Industry: Value Chain Analysis
- Figure 78: Global: Perfluoroalkoxy Alkane Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Perfluoroalkoxy Alkane Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Perfluoroalkoxy Alkane Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Perfluoroalkoxy Alkane Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Perfluoroalkoxy Alkane Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Perfluoroalkoxy Alkane Market: Competitive Structure
- Table 6: Global: Perfluoroalkoxy Alkane Market: Key Players
