Perfluoropolyether Market worth US

1. Perfluoropolyether Market worth US$ 543.0 Million 2029 with a CAGR of 4.3 % The report "Perfluoropolyether Market,by Type (PFPE-K, PFPE-Y, PFPE-D, PFPE-M, and PFPE-Z), by Form (PFPE- grease (Automotive, Aerospace, Electronics, and Chemicals), and Region - Global Forecast to 2029" The perfluoropolyether market size is projected to grow from US$ 370.3 Million in 2020 to US$ 543.0 Million by 2029. The global perfluoropolyether market is expected to register moderate growth over the forecast period. This is attributed to the increasing demand for non-toxic, non-flammable, corrosion-resistant lubricants from the automotive as well as aerospace sector globally, coupled with increasing adoption of perfluoropolyether in the electronics industry across the world. Increasing R&D investments by companies operating in the target market in order to obtain more non-toxic, non- flammable, as well as corrosion-resistant lubricant formulation is in turn is expected to create lucrative growth opportunities for new as well as existing players to gain competitive edge. Key Highlights: In April, 2016, for instance, Henkel AG & Co. KGaA- the German-based company, manufactures and distributes Persil globally had launched four stain-fighting Persil ProClean Power-Liquid detergents in Canada. In 2012, Solvay – has increased its production capacity for high value-added specialty polymers perfluoropolyethers (PFPE), in Spinetta Marengo, Italy in order to serve fast growing demand from end-use applications. Key Market Insights from the report: The global market accounted for US$ 370.3 Million in 2020 and is projected to register a moderate CAGR of 4.3% over the forecast period. The market report has been segmented on the basis of type, form, application, and region. By product segment, the global perfluoropolyether market has been segmented as PFPE-K, PFPE- Y, PFPE-D, PFPE-M, and PFPE-Z. By form, the target market has been segmented into PFPE- grease and PFPE- oil while, on the basis of application, the global perfluoropolyether market has been segmented into automotive, aerospace, electronics, and chemicals. By region, North America perfluoropolyether market accounted for major revenue share of the global perfluoropolyether market and is further anticipated to maintain its dominance over the forecast period. Growing demand for perfluoropolyether especially from countries such as U.S. and Canada in aerospace applications, owing to its excellent properties, coupled with increasing presence of domestic manufacturers in the region are some among the other factor expected to support growth of the perfluoropolyether market in the region over the forecast period. The market in Asia Pacific is expected to account for significant revenue share in 2019. Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Global Perfluoropolyether Market” by Product (PFPE-K, PFPE-Y, PFPE-D, PFPE-M, and PFPE-Z), by Application (automotive, aerospace, electronics, and chemicals), by Form (PFPE- grease and PFPE- oil), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa)- forecast till 2029 and PFPE- oil), by Application

2. To know the upcoming trends and insights prevalent in this market, click the link below: Links: https://www.prophecymarketinsights.com/market_insight/289 The prominent player operating in the global perfluoropolyether market includes Dupont (Chemours), SOLVAY, DAIKIN, Dow Corning, Kluber Lubrication GmbH, ICAN Inc., M&I Materials Limited, Nye Lubricants, Hunan Nonferrous, and IKV Tribology.