Prismane

Global Hexafluoropropylene Market Demand & Forecast Analysis, 2016-2036

Executive Summary : -

Hexafluoropropylene is a colourless, odourless, and non-combustible gas which is slightly soluble in water and is also known as perfluoropropene or perfluoropropylene. Hexafluoropropylene is a chemical intermediate fluorocarbon alkene in which all the hydrogen atoms of propylene are replaced by fluorine atom. It is produced form chlorofluorocarbons such as chlorodifluoromethane or tetrafluoroethylene. Hexafluoropropylene is not used directly in any major applications, but it is used as precursors to various chemicals which can be used directly or as an intermediate. Global hexafluoropropylene market is mainly segmented according to its applications that include Fluorinated ethylene propylene (FEP), other fluorinated elastomers & fluoropolymers, extinguishing agent, lubricants & refrigerants, and other applications. Fluorinated ethylene propylene (FEP), a copolymer of tetrafluoroethylene and hexafluoropropylene, accounts for the largest demand share of Hexafluoropropylene globally.

Global Hexafluoropropylene (HFP) Demand Analysis (Kilo Tons)(2014 - 2030)

Hexafluoropropylene Market: Global Hexafluoropropylene (HFP) Demand Analysis


FEP is predominantly used in wires & cables. Asia-Pacific on the back of their vast electrical & electronics industries is the leading market for FEP. A number of FEP manufacturers have integrated facilities or facilities adjacent to monomer manufacturers since tetrafluoroethylene (TFE) is difficult to transport.
Fluorocarbon elastomers is the second major application segment of Hexafluoropropylene. The global FKM capacity in 2020 as per Prismane Consulting’s Fluoroelastomers market model was estimated to be around 50 kilo tons. Several FKM capacity additions are expected by 2024. The 3M company, Solvay, and Meghmani Finechem are expected to add around 15 – 20 kilo tons of FKM capacity by 2024. Prismane Consulting also speculates a few capacity additions in China, with domestic manufacturers like Juhua Group likely to expand their FKM manufacturing capacities. These capacity additions will drive the global hexafluoropropylene demand during the forecast period.

Hexafluoropropylene is converted to hexafluoropropylene oxide (HFPO) which is used as a precursor for lubricants. Hexafluoropropylene has replaced many refrigerants primarily dichlorodifluoromethane and tetrafluoroethane. Hexafluoropropylene oxide (HFPO) can be used as a refrigerant for medium temperature refrigeration applications. Lubricants & refrigerants accounts for less than 10% of the global hexafluoropropylene demand and are expected to grow at an average of 3.4% in the long-term forecast till 2030.

Scope of Report 

The Hexafluoropropylene report describes the global Hexafluoropropylene market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Hexafluoropropylene Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hexafluoropropylene Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2022
          -  Base - 2023
          -  Forecast Period - 2024 – 2036
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      •  Fluoropolymers
      • Others 
5.  Introduction to Hexafluoropropylene(HFP) and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Hexafluoropropylene(HFP)Demand Analysis, By Applications (Volume, Value) (2016–2036) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2036)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Hexafluoropropylene(HFP) Market, By Applications
               - Fluorinated ethylene propylene (FEP)
               - Extinguishing agent 
               - Refrigerant & Lubricants
               - Other Fluoroelastomers & Fluoropolymers
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2036)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2036)
      •  Demand Growth Rate (%)
      •  Hexafluoropropylene(HFP) Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  Netherlands
         -  Belgium
         -  Russia
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2024 – 2036)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      • Hexafluoropropylene(HFP) Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - Chemours
             - 3M / Dyneon
             - Unimatec
             - Dongyue Group
             - Inner Mongolia Yonghe Fluorochemical Co., Ltd.
             - Jiangsu Meilan Chemical Co., Ltd.
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Hexafluoropropylene report describes the global Hexafluoropropylene market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Hexafluoropropylene Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hexafluoropropylene Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment