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Perfluoropolyether Market Share

Report ID: GMI1625
Published Date: Nov 2022
Report Format: PDF

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Perfluoropolyether Market Share

The Chemours Company
Daikin Industries, Inc.
Solvay
M&I Materials Limited
LUBRILOG SAS
IKV Tribology
Fluorotech USA
Metalubgroup
Setral Chemie GmbH
Jet lube

are a few key perfluoropolyether market players. These companies majorly focus on product innovation and strategic partnerships and acquisitions to maintain their market standing.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global Perfluoropolyether Industry was valued at USD 630 million in 2022 and is set to progress at over 5.5% CAGR over the next 10 years owing to expanding commercial vehicle market and the mounting demand for smart devices & equipment around the world.

Automotive end-use segment is estimated to be worth more than USD 80 million by the end of 2032 owing to PFPE’s ability to withstand aggressive chemical atmospheres, which is fueling its use in the automotive sector.

Oil segment is slated to surpass a valuation of USD 275 million by 2032 on account of the increasing efficiency of components and equipment used in multiple industries viz., metal processing, automotive, and aerospace sectors.

North America perfluoropolyether industry is foreseen to register 5.5% gains through 2032 due to mounting investments in the aerospace sector by the U.S. and Canada.