World FEP Consumption to Post 6.4% CAGR in Volume Terms, According to Industry Experts Report Published at MarketPublishers.com05 May 2016 • by Natalie Aster
LONDON – The global demand for fluoropolymers has been on a high growth trajectory in the recent years. With the world’s leading economies being on the road to recovery, the demand for specialty and melt-processable grades like fluorinated ethylene propylene (FEP) has been gaining rapid traction as well. The polymer is being extensively used in the fields such as the wires and cables, photovoltaic (PV), automotive and aerospace industries.
In volume terms, the consumption of FEP stood at 22.2 thousand metric tons in 2012; and it is projected to register 6.4% CAGR in the years to come to reach 28.4 thousand metric tons by 2016 and to amount to 41.1 thousand metric tons by end-2022. Meantime, the demand for FEP is expected to register a higher CAGR of 6.7% in value terms, growing from USD 740.2 million in 2016 to USD 1.1 billion by 2022.
Comprehensive research report “Fluorinated Ethylene Propylene (FEP) – A Global Market Overview” elaborated by Industry Experts reviews, canvasses and forecasts the FEP market from 2012 and through to 2022 on a global level and across the regions such as North America, Europe, APAC and RoW. The regional marketplaces are further assessed for 12 independent nations – the USA, Canada, Mexico, Italy, France, Russia, Germany, the UK, India, China, Japan and South Korea. The study provides an overview of the marketplace, covering a product outline including the structure and characteristics of FEP, manufacturing process of FEP, product forms and applications; and analyses key market growth drivers and prevailing rends. The research study gives a deep evaluation of the major end-user industries; the global markets for the end-use sectors in question are examined in volume and value terms. It takes a deep look at the major product and business trends. The report canvasses the competitive environment and presents company profiles the top 6 global players and 14 leading regional players. Furthermore, the research offers the global listing of the 92 companies involved in the production, processing and compounding of FEP; the list contains the addresses, contact information and web addresses of the reviewed companies.
More comprehensive studies can be found at Industry Experts page.