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Global Melt Processable Fluoropolymers Market Demand & Forecast Analysis, 2016-2036

Melt Processable Fluoropolymers Market Overview

The global Melt Processable Fluoropolymers Market Size is projected to grow from USD 2.5 Billion in 2022 to USD 7.0 Billion by 2032, registering a CAGR of 12%. The rising demand for Melt Processable Fluoropolymers markets from end use industry such as chemical, pharmaceutical, energy, automotive, aerospace, medical, and semiconductor will further drive the Melt Processable Fluoropolymers markets demand in the forecast period. 

Fluoropolymers are fluorocarbon-based polymer with carbon - fluorine bonds in it. Fluoropolymers are manufactured from alkenes in which one or more hydrogen atoms have been replaced by fluorine. Fluoropolymers consist of two types: Melt Processible and Non-Melt Processible. Melt Processible such as PVDF, FEP, PFA, ETFE and THV can be thermoformed by vacuum forming, pressure forming, and matched-die forming In all methods, a sheet of the fluoropolymer is heated until it reaches its gel point whereas Non Melt Processable Fluoropolymers markets cannot be heated into a molten state for molding, this property gives an advantage to Melt Processable Fluoropolymers market over non Melt Processable Fluoropolymers markets for molding. Development of fluoropolymers began in 1938 by the discovery of PTFE. The first Melt Processible (FEP) was discovered in 1956 and commercialized in 1960 by DuPont. It is sold under brand name Teflon FEP. Some commonly used Melt Fluoropolymers are as follows.

PVDF: Polyvinylidene fluoride or polyvinylidene difluoride (PVDF) known by brand name (KynarTM) was discovered in the year 1948. It is used in applications where purity requirement is higher. PVDF is commonly used in chemical, semiconductor, medical and defense industries, and lithium-ion batteries. 

FEP: Fluorinated ethylene propylene (FEP) is a copolymer of hexafluoropropylene and tetrafluoroethylene. FEP was invented by DuPont, and it is known by brand name Teflon FEP. Other brand name for FEP are Neoflon FEP from Daikin and Dyneon FEP from Dyneon/3M. FEP is softer than PTFE and melts at 200 °C which gives advantage for molding but reduces thermal stability.

PFA: Perfluoroalkoxy alkanes (PFA) introduced in 1973, is a copolymer of tetrafluoroethylene and perfluoroethers. PFA has better non-stick properties and higher chemical resistance as compared to PTFE. PFA is known by trademark such as Teflon-PFA, Hostaflon-PFA and Chemfluor.

ETFE: ETFE known by its brand name (TefzelTM) has very low chemical resistance however it is hard, and it has good abrasion resistance. Traditionally ETFE was used in wire and cables but nowadays it is also used in bioprocessing.

THV: THV is a polymer consists of three different monomers: tetrafluoroethylene, hexafluoropropylene and vinylidene fluoride. THV is Melt-Processible with Melting points from 115 °C to 235 °C.

Global Melt Processable Fluoropolymers Demand, By Type, 2016-2032 (Kilo Tons)

Global Melt Processable Fluoropolymers Demand, By Type, 2016-2032 (Kilo Tons)
Source: Secondary & Primary Research and Prismane Consulting estimates

Melt Processable Fluoropolymers Capacity Overview

In 2022, global Melt Processable Fluoropolymers market capacity stood around 275 Kilo tons with PVDF, FEP, MFA/PFA together accounting major share. By 2032, the global Melt Processible Fluoropolymers capacity is projected to cross 550 kilo tons with majority of capacity addition anticipated in Asia Pacific.

PVDF: The major players in the PVDF market are Solvay S.A., Arkema, Shandong Dongyue Chemical Co. Ltd, Kureha Chemical Industry Co. Ltd. and Dyneon. In India, GFL has added around 12 kilo tons of PVDF capacity in 2021. Solvay S.A has three PVDF plants in, with total capacity around 35 Kilo tons in 2022. Arkema completed the expansion its PVDF capacity in China from around 23 kilo tons in 2021 to almost 36 kilo tons in 2023.

In United States, Dyneon, Solvay Solexis and Arkema are the three PVDF manufacturers with combined capacity of 22 Kilo tons in 2022. Arkema also operates a plant in Kentucky, USA with installed capacity of around 12 kilo tons.

FEP: At a global level, FEP capacity is estimated to be 60 Kilo tons in 2022, which is estimated to cross 70 kilo tons by 2032. Asia Pacific on the back of presence of large capacities in China and Japan dominates the global FEP capacity. In Asia Pacific, China has the largest capacity of 22 Kilo tons, with Daikin Fluorochemicals (China) Co. Ltd, Shandong Dongyue Chemical Co. Ltd and Luxi Group being major producer in China. Japan has a capacity of 8 Kilo tons in 2020, with Daikin Industries Limited accounting majority of share. North America is the second largest FEP producer with capacity share around 35%. Daikin Industries Limited and The Chemours Company are the only two producers in North America with a combined capacity of 21 Kilo tons in 2022. 

Melt Processable Fluoropolymers Demand

In 2022, the global Melt Processible Fluoropolymers demand is estimated to be around 150 kilo tons which has grown at a healthy growth rate between 2016 and 2021. In the forecast period, global Melt Processible Fluoropolymers demand is expected to grow to cross 400 Kilo tons by 2032, with CAGR of around 13.4%. Currently USA accounts for around 40% of global Melt Processible Fluoropolymers consumption. Global demand for Melt Processible Fluoropolymers is driven in large part by usage in industries like Pharma, Semiconductor, Electronic & Electrical, Medical, Automobile and Chemical Processing.

Global Melt Processable Fluoropolymers Demand, By End Use Industry, 2016-2032 (Kilo Tons)

Global Melt Processable Fluoropolymers Demand, By End Use Industry, 2016-2032 (Kilo Tons)
Source: Secondary & Primary Research and Prismane Consulting estimates

Melt Processable Fluoropolymers Market Dynamics

Drivers: Increasing Demand in Semiconductor Industry

According to International Energy Agency (IEA) the US semiconductor industry is the leader and nearly account for 47% of market share. In 2022 the global semiconductor industry sales were $52.5 billion an increase of 32.4% over last year 2021. The growing semiconductor industry will push the demand for Melt Processable Fluoropolymers market particularly PVDF products which are used in DI Recirculators, DI Water Dispensers, Wet Bench, HP Fluid & Gas Distribution. European Union now aims to produce 20% of the world’s semiconductor by 2030, up from 10% current and plans to boost the manufacturing. Spain has announced to invest $12.1 billion on semiconductor to decrease its dependency on semiconductors this will rise the demand for Melt Processable Fluoropolymers markets in the industry. 

Challenges: Environmental & Health Hazards

Release of processing aids in the environment during manufacturing of fluoropolymers such as FEP, PFA, PVDF, ETFE. Low molecular-weight Per- and polyfluoroalkyl substances (PFAS) are used as a polymer processing aid (i.e. Emulsifiers, dispersants, and surfactants at large), this has received attention of many environmental agencies. Fluoropolymer tubing in food industry if not properly pre-treated could lead to leaching of nonpolymeric PFAS residuals into food during the use phase. Processing aids are known to leach from fluoropolymers materials, and they have adverse health effects such as cancer, immunotoxicity, reproductive and developmental toxicity, liver toxicity, and thyroid disease. Along with that it is unclear whether typical municipal solid waste Incinerators can safely destroy fluoropolymers without emissions of harmful PFAS.

Key Players in Melt Processible Fluoropolymers Market

Shandong Dongyue Chemicals Co Ltd, Arkema, Daikin, Gujarat Fluorochemicals Ltd, The Chemours Company, Asahi Glass Co, Solvay SA and HaloPolymers are some of the key players in the Melt Processible Fluoropolymers market.

Scope of Report 

The Melt Processable Fluoropolymers report describes the global Melt Processable Fluoropolymers 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 
•  Melt Processable Fluoropolymers Market data in terms of volume and value for each end-use 
   at regional and country level
•  Melt Processable Fluoropolymers 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
          -  Type
          -  End Use Industry
          -  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-Supply 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
      • Automotive
      • Aerospace
      • Medical
      • Electrical & Electronics
      • Chemical
      • Semiconductor
      • Food
      • Oil & Gas
      • Others
5.  Plants & Projects Analysis
      •  Melt Processable Fluoropolymers Production Capacity, by Company
      •  Melt Processable Fluoropolymers Production Capacity, by Country and by region
      •  Capacity Overview, By Technology
6.  Introduction to Melt Processable Fluoropolymers and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Melt Processable Fluoropolymers Demand-Supply Analysis, By Type, By End-Use Industry (Volume, Value) (2016–2036)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2036)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Exports
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Melt Processable Fluoropolymers Market, By Type
          -  FEP
          -  ETFE
          -  PFA / MFA
          -  PVDF
          -  ECTFE
          -  PCTFE
          -  Others
      •  Global Melt Processable Fluoropolymers Market, By End-use Industry
          -  Automobile
          -  Aerospace & Defence
          -  Chemical Processing
          -  Pharma /Biotech /Food
          -  Oil & Gas / Energy
          -  Semiconductor
          -  Medical
          -  Electrical & Electronics
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2036)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Melt Processable Fluoropolymers Market, By Type
      •  Melt Processable Fluoropolymers Market, By End-Use Industry
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by type and by end-use industry, 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
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
         -  Brazil
         -  Rest of CSA
      •  Middle East & Africa
         -  Saudi Arabia
         -  Egypt
         -  South Africa
         -  Rest of MEA
Note: CAGR will be calculated for all the types and end-use industry to arrive at the regional/global demand growth for the forecast period (2024 – 2036)
10.  Pricing Analysis
      •  Average Melt Processable Fluoropolymers Prices, USD/Kg
      •  Average Melt Processable Fluoropolymers prices, by Country 
      •  Average Melt Processable Fluoropolymers prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Melt Processable Fluoropolymers Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  Shandong Dongyue Chemicals Co Ltd 
             -  Arkema
             -  Daikin
             -  Gujarat Fluorochemicals Ltd
             -  The Chemours Company
             -  Asahi Glass Co
             -  Solvay SA
             -  HaloPolymers
             -  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.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2036

Scope of Report 

The Melt Processable Fluoropolymers report describes the global Melt Processable Fluoropolymers 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 
•  Melt Processable Fluoropolymers Market data in terms of volume and value for each end-use 
   at regional and country level
•  Melt Processable Fluoropolymers 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


Frequently Asked Questions

What is the current production capacity for Melt Processable Fluoropolymers?
In 2022, global Melt Processable Fluoropolymers market capacity stood around 275 Kilo tons with PVDF, FEP, MFA/PFA accounting large share.
Who are the key manufacturers in global Melt Processable Fluoropolymers market?
Shandong Dongyue Chemicals Co Ltd, Arkema, Daikin, Gujarat Fluorochemicals Ltd, The Chemours Company, Asahi Glass Co, Solvay SA and HaloPolymers are some of the key players in the Melt Processible Fluoropolymers market.
What is the demand of Melt Processable Fluoropolymers?
The global Melt Processable Fluoropolymers Market Size is projected to grow from USD 2.5 Billion in 2022 to USD 7.0 Billion by 2036, registering a CAGR of 12%.