Analysis of the current status of the hexafluoropropylene industry in 2024

Scale and development history of hexafluoropropylene trimer industry

Hexafluoropropylene trimer (HFP Trimer) is an important fluorine-containing fine chemical, widely used in electronics, medicine, coatings and high-performance materials. With the rapid development of China's economy and technological progress, the demand for hexafluoropropylene trimer has increased year by year, and the market size has continued to expand.

Historical Development

Since 2010, China's hexafluoropropylene trimer industry has experienced a rapid development stage. In 2010, the market size of hexafluoropropylene trimer in China was only RMB 250 million, and the output was about 1,500 tons. With the expansion of downstream application fields and the improvement of technical level, market demand has gradually increased. In 2015, the market size grew to RMB 680 million and the output reached 4,000 tons. Entering 2020, despite the impact of the global COVID-19 pandemic, China's hexafluoropropylene trimer industry has maintained a steady growth trend. In 2020, the market size reached RMB 1.23 billion and the output was 7,500 tons. This growth is mainly due to the strong demand in the electronics industry and high-performance materials market, especially the development of new energy vehicles and 5G communication technology, which further promoted the application of hexafluoropropylene trimer.

Current status of hexafluoropropylene industry

Hexafluoropropylene is one of the important fluorine-containing polymer materials, with a wide range of downstream applications and a growing market demand. In recent years, China's hexafluoropropylene production capacity and output have expanded significantly. In recent years, the global and Chinese hexafluoropropylene market has continued to expand. The hexafluoropropylene report shows that China's hexafluoropropylene production will be about 83,000 tons in 2022. With the continuous advancement and innovation of production technology, the production efficiency and product quality of hexafluoropropylene will continue to improve. This will help reduce production costs and improve market competitiveness.

There are many hexafluoropropylene manufacturers and the market competition is fierce. Most of China's hexafluoropropylene manufacturers are large fluorine chemical companies, and Jiayuan follows closely. With the rapid development of downstream industries, China's HFP production capacity and output scale have expanded significantly in recent years. In 2024, China's hexafluoropropylene production will exceed 83,000 tons, and market demand will maintain a growth trend. The global and Chinese hexafluoropropylene market scale continues to expand, and the total effective market production capacity has reached 115,600 tons/year.

The main producers of hexafluoropropylene include DuPont, 3M, and Daikin Industries, Ltd. In China, hexafluoropropylene manufacturers including Jiayuan have a certain production scale and market share. With the improvement and innovation of technology, the production efficiency and product quality of hexafluoropropylene are constantly improving.

Media Contact
Company Name: Changzhou Jiayuan Chemical Co., Ltd.
Contact Person: Jiayuan Chemical
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=analysis-of-the-current-status-of-the-hexafluoropropylene-industry-in-2024]
Country: China
Website: https://www.jy-chemical.com/



This release was published on openPR.