Fluorinated Ethylene Propylene Coating Market is Expected to Reach $199.3 Million by 2019, at a CAGR of 7.0% From 2014 to 2019
FORT WORTH, Texas, May 25, 2015 /PRNewswire/ --
Global Fluorinated Ethylene Propylene Coating Market was valued at $114.9 million in 2014 and is expected to reach a value of $199.3 million by 2019 at a CAGR of 7.0% from 2014 and 2019.
Browse through the TOC of FEP Coating Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Fluorinated ethylene propylene (FEP) is a copolymer of tetrafluorothylene and hexafluoropropylene. FEP coating has excellent properties such as chemical and heat resistance, non-porous film, corrosion resistance, and excellent anti-stick properties along with an electric break-down resistance of 240°C/400°F and is used in various industries. This coating is often used in the food processing industry due to its food contact acceptance and heat resistance properties. Besides this, it is now-a-days widely used in end user markets for example, building and construction, chemical processing and electrical and electronics. The other application of FEP coating are marine, wind energy, oil and gas, industrial decorative, aerospace, cable and wire and so on.
The increasing demand from wire and cable industry, multiple applications of FEP coating, and excellent properties has increased the global demand of FEP coating. FEP has excellent resistance to corrosive and chemical environments along with improved resistance to abrasion compared to Polytetrafluoroethylene (PTFE) coating. Also, the excessive use of FEP coating in its application such as food processing, chemical processing, cable and wire, and many more are the major reasons to drive the market from 2014 to 2019.
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The report covers the global FEP coating market, which has been segmented on the basis of application and region. The major application of FEP coating includes food processing, chemical processing, electrical and electronic, building and construction, and other application. The major regions covered are Asia-Pacific, North America, Europe, and Rest of the World.
This report covers various applications of FEP coating, market trend, vendor side analysis, demand side analysis, the ecosystem of the market, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players Dongyue Group Limited (China), HaloPolymer OJSC (Russia), DuPont (U.S.), AGC Group (Japan), Metal Coatings Corporation (U.S.), 3M (U.S.), Whitford Corporation (U.S.), BASF SE (Germany), and Daikin Industries Limited (Japan), among others.
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