Perfluoropolyether Market Trends By 2025 | Top Key Players - Metalubgroup, TECCEM GmbH, IKV Tribology, HUSK-ITT Corporation, Fluorotech USA

Perfluoropolyether (PFPE) is a long chain liquid polymer made up of oxygen, carbon, and fluorine atoms majorly used for lubricants in the aerospace sector. The escalating demand on account of material’s lightweight and manufacturing properties which suits the space systems will foster market growth.

It can help to reduce carbon dioxide, sulfur and nitrogen oxides and particulates to improve air quality. Industry bodies and original equipment manufacturers continually make changes to vehicle hardware to meet new regulations. New specifications and modified lubricant formulations then follow to provide protection for the latest passenger car, motorcycle, marine, and heavy-duty diesel engines.

Also, emerging new lubricant requirements from both additive packaging companies and component suppliers will further add to perfluoropolyether demand for its exceptional properties. According to a Global Market Insights, Inc., report, global perfluoropolyether market size is projected to surpass US$350 million by 2025. Below are some trends expected to drive industry outlook in the next few years.

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Use in chemical and power generation

There is a widespread use of the substance in power generation, electronics, and chemicals, due to its enduring lubrication, which eliminates the necessity of regular lubrication of the machine parts. The material’s efficiency in intense temperature application increases the comprehensive performance of the machine, which will drive the perfluoropolyether consumption in the long run.

Requirement in industrial applications
The escalating demand for PFPE in the medical, chemical and petrochemical industries has minimized the utilization of other synthetic lubricants. The synthetic lubricants are comparatively cheaper than PFPE lubricants but do not function well with continuous wear and tear of machine parts and varying temperatures. These exceptional properties will foster the perfluoropolyether demand for complex industrial applications.

Applications in electronics industry

On account of the substance’s enduring properties which leads to an extended life for equipment, the PFPE market will gain substantial popularity in the electronic industry. The high acquisition of the material in electronic devices due to efficiency has resulted in a lower cost of ownership. Its ability to resist temperature and thermal stability make it suitable for the manufacturing of sensitive electronics and semiconductors.

Material inflammability and use in mining

Perfluoropolyether industry growth will be driven by escalating demand for PFPE-Z, which is inflammable in nature with strong oxidants and does not react with rubber, metals, and plastic making it an exceptional material for industrial applications. The substance is used in power generation and in mining industries on account of excellent insulating characteristics. The stringent safety regulations coupled with routine inspection of machine parts lead to safe and smooth operations with these materials.

Automatic lubrication in food sector

The rising demand for automatic lubrication systems in a view to minimizing human contact in maintaining food safety and hygiene has led to the rising preferences of food providers towards packaging automation. Also, perfluoropolyether lubricants are increasingly used in food processing units for hassle-free factory operations and to increase productivity.

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Multinational chemical companies in APAC

The presence and expansion of multinational chemical companies in the Asia Pacific in a view to fulfill ever-growing demand and consolidate foothold in the region have encouraged rising availability of high performance and sophisticated quality products, including perfluoropolyether. The robust growth of the chemical industry in the Asia Pacific has resulted in increasing demand for PFPE materials on account of superior performance when applied in testing equipment and thermal exchangers.

Leading manufacturers are engaged in strategic agreements and capacity expansions by conducting substantial R&D activities in a view to develop the products for different applications and make it easily available for end-users. These companies include Kluber Lubrication, Daikin Industries, Solvay and Nye Lubricants, among others.

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This release was published on openPR.