Increasing adoption of building materials for making roof coverings of particular constructions such as shopping malls, commercial buildings, hospitals, courtyards, stadiums, coupled with growing popularity of ETFE cables in aerospace industry are key factor driving market revenue growth.
Market Size - USD 301.2 Million in 2020, Market Growth - CAGR of 8.1%, Market Trends - Shifting preference from conventional photovoltaic (PV) panels to ETFE-based PV panels.
The global ETFE market size is expected to reach USD 561.3 Million in 2028, and register a CAGR of 8.1% during the forecast period. Increasing awareness regarding benefits of ETFE for various application such as wires, cables, tubes, coatings, membranes, etc., and bio-degradability feature of the product among end-use industries is a major factor expected to rive growth of the global ETFE market in the years to come. EFTE is 100% recyclable making it more popular, given the concerns arising regarding environment protection.
ETFE or ethyle tetrafluroethylene is a fluorine-based plastic polymer that is used in production of innovative and lightweight substitute to glass panels. It has light transmission property similar to that of glass, but weighs only 1% as compared to that of glass. The lifespan of ethyle tetrafluroethylene is approximately of thirty years. Additionally, it has excellent resistance to extreme weathers, which makes it ideal material for various outdoor and indoor spaces.
However, one disadvantage of ETFE material is that more sound gets transmitted as compared to glass and plastics, which could hamper its adoption rate, thereby hampering market growth to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global ETFE market is segmented on the basis of type, technique, application, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
Technique Outlook (Revenue, USD Million; 2018 - 2028)
Application Outlook (Revenue, USD Million; 2018 - 2028)
Region Outlook (Revenue, USD Million; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 301.2 Million in 2020, Market Growth - CAGR of 8.1%, Market Trends - Shifting preference from conventional photovoltaic (PV) panels to ETFE-based PV panels.
The global ETFE market size is expected to reach USD 561.3 Million in 2028, and register a CAGR of 8.1% during the forecast period. Increasing awareness regarding benefits of ETFE for various application such as wires, cables, tubes, coatings, membranes, etc., and bio-degradability feature of the product among end-use industries is a major factor expected to rive growth of the global ETFE market in the years to come. EFTE is 100% recyclable making it more popular, given the concerns arising regarding environment protection.
ETFE or ethyle tetrafluroethylene is a fluorine-based plastic polymer that is used in production of innovative and lightweight substitute to glass panels. It has light transmission property similar to that of glass, but weighs only 1% as compared to that of glass. The lifespan of ethyle tetrafluroethylene is approximately of thirty years. Additionally, it has excellent resistance to extreme weathers, which makes it ideal material for various outdoor and indoor spaces.
However, one disadvantage of ETFE material is that more sound gets transmitted as compared to glass and plastics, which could hamper its adoption rate, thereby hampering market growth to some extent.
Some Key Findings From the Report:
- Among the type segments, the powder segment accounted for the largest revenue share of 58.5% in 2020.
- North America market accounted for the largest revenue share in the global ETFE market in 2020, and is expected to continue with dominance over the forecast period.
- The Asia Pacific market size was USD 83.5 Million in 2020, due to presence of large number of PV manufacturers, and rapidly growing construction industry in countries in the region.
- Key players profiled in the report include Daikin Industries, Structurflex, Architen Landrell, DuPont USA, Quadrant Plastic Composites AG, Ensinger and The Chemours Company. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global ETFE market is segmented on the basis of type, technique, application, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
- Granule
- Powder
Technique Outlook (Revenue, USD Million; 2018 - 2028)
- Injection
- Extrusion
- Rotational
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Cables and Wires
- Tubes
- Membranes
- Coatings
- Panels
- Others
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the ETFE Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the ETFE Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. EFTE Segmentation & Impact Analysis
Chapter 5. EFTE Market By Product Type Insights & Trends
Chapter 6. EFTE Market By Application Insights & Trends
Chapter 7. EFTE Market By Techniques Insights & Trends
Chapter 8. EFTE Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Daikin Industries
- Structurflex
- Architen Landrell
- DuPont USA
- Quadrant Plastic Composites AG
- Ensinger
- The Chemours Company.
