Press release
Polychlorotrifluoroethylene (PCTFE) Market Size, Share, Demand, Outlook, and Forecast Report 2023-2030
The market is propelled by the rising need for polychlorotrifluoroethylene (PCTFE) in industrial settings as well as the product's superior qualities. The growing number of affordable options could impede expansion. PCTFE has outstanding electrical qualities, excellent optical clarity, chemical resistance, and very no moisture absorption in addition to being non-flammable.
Applications for polychlorotrifluoroethylene (PCTFE) include medical equipment, laboratory apparatus, industrial equipment, cryogenic applications, seals, gaskets, sight glasses (special process), cams, gears, and bearings. PCTFE has a temperature range of -400°F to 380°F and outstanding qualities such as radiation resistance, flammability, and chemical resistance. Among all unfilled fluoropolymers, PCTFE has one of the lowest coefficients of thermal expansion and is resistant to cold flow.
Polychlorotrifluoroethylene (PCTFE) Market Size and Growth Analysis
The global Polychlorotrifluoroethylene (PCTFE) Market is expected to exhibit a CAGR of 5.7% during the forecast period 2023-2030.
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Polychlorotrifluoroethylene (PCTFE) Market Dynamics
The two key properties of PCTFE that give it its broad range of applications are its chemical stability and water repulsion. Moreover, PCTFE can be laminated with other polymers and used as a moisture barrier, coating, and prefabricated liner for chemical applications. The growing demand for PCTFE in industrial applications, including chemical processing, automotive & transportation, aerospace, electronics, industrial applications, building & construction, and wire & cable industries, is propelling the growth of the material's global market.
Because PCTFE is increasingly being used in the aviation industry to make valve seats, plugs, diaphragms, and impellers, the market for PCTFE is expected to increase significantly. to supply moisture-resistant coatings, which are frequently utilized in the production of pharmaceuticals.
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Polychlorotrifluoroethylene (PCTFE) Market Segment Analysis
By End-User
By Application
By Region
Major Companies Covered
Honeywell International Inc., Daikin Industries Ltd., Arkema, 3M, Solvay, Polyfluor Plastics B.V., Fluorocarbon Group, Welch Fluocarbon, Inc., AFT Flourtec Limited and Gapi S.p.A.
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