Home > Chemicals & Materials > Advanced Materials > Perfluoropolyether Market
Perfluoropolyether Market Size
- Report ID: GMI1625
- Published Date: Nov 2022
- Report Format: PDF
Perfluoropolyether Market Size
Perfluoropolyether Market size was valued at USD 630 million in 2022. Driven by the mounting demand for smart devices and equipment, the industry is anticipated to grow at over 5.5% CAGR from 2023 to 2032.
Perfluoropolyether offers properties such as low toxicity, non-flammability, radiation stability, low volatility, and more, which has accelerated its demand in varied industries, especially in North America. In 2020, heart diseases accounted for around 64.3% of the top leading causes of death in the U.S. Subsequently, the soaring focus on strengthening the medical sector is expected to augment product uptake over the next 10 years.
Moreover, prominent government efforts to enhance the defense sector are poised to positively impact the perfluoropolyether industry outlook. The expanding commercial vehicle market around the world is also projected to foster product penetration.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Perfluoropolyether Market Size in 2022: | 630 Million (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.5% |
| 2032 Value Projection: | 1,105 Million (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 301 |
| Tables, Charts & Figures: | 295 |
| Segments covered: | Product, Type, End-use |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Perfluoropolyether Market Scope
