MRFR press release/- Market Research Future Published a Half Cooked Research Report on Global Ethylene Tetrafluoroethylene (ETFE) Research Report.

The ethylene tetrafluoroethylene (ETFE) market is projected to reach USD 367.4 million by 2030, registering a compound annual growth rate (CAGR) of 7.89% during the forecast period from 2022 to 2030.

Ethylene Tetrafluoroethylene Etfe Market Highlights

The global Ethylene Tetrafluoroethylene (ETFE) market is spanned across five regions of the world namely North America, Asia Pacific, Europe Latin America, and the Middle East & Africa. North America holds the major share of the global market and is projected to continue leading owing to the high adoption in the automobile and aerospace sector. According to the Statistica, the U.S. car production was over 11 million units in 2021. The growing usage of ETFE in anti-braking systems, engine sensors, and seats is expected to boost the market growth. Asia Pacific is anticipated to be the fastest growing region in the global ETFE market during the forecast period. The presence of the most populated economies has fuelled the automotive sector, which, in turn, is expected to boost the market growth during the forecast period. Additionally, the burgeoning construction sector in China is also expected to fuel the market growth. For instance, China construction industry generated an output value of over 19 trillion Yuan.

Global Ethylene Tetrafluoroethylene (ETFE) market share, by region

Source: MRFR analysis

Segmentation

The global Ethylene Tetrafluoroethylene (ETFE) market is segmented into the material, product, type and end-user industry. On the basis of the material, the market is segmented into natural Ethylene Tetrafluoroethylene (ETFE) and synthetic Ethylene Tetrafluoroethylene (ETFE). On the basis of the product, the global Ethylene Tetrafluoroethylene (ETFE) market is segmented into grinding wheels, sandpaper and others. On the basis of the type, the market is bifurcated into coated Ethylene Tetrafluoroethylene (ETFE), bonded Ethylene Tetrafluoroethylene (ETFE), and super Ethylene Tetrafluoroethylene (ETFE). On the basis of the end-use industry, the market is further segmented into automotive, machinery, metal fabrication, electrical and electronics, building and construction, and others

 Competitive Analysis

Some of the prominent players operating in the Global Ethylene Tetrafluoroethylene (ETFE) market are Robert Bosch GMBH (Germany), 3M Company (U.S.), DuPont (U.S.), Saint-Gobain Ethylene Tetrafluoroethylene (ETFE), Inc. (France), Fujimi Incorporated (Japan), Henkel AG & CO. KGAA (Germany), Tyrolit Group (Austria), Asahi Diamond Industrial Co., LTD (Japan) Deerfos Co., Ltd (Korea), and Carborundum Universal Limited: (India).

Get Full Information About This Report: Ethylene Tetrafluoroethylene (ETFE) Market Size