Global Polychlorotrifluoroethylene (PCTFE) Market Size, Market Share and Forecast to 2029 | Data Intelligence
The global polychlorotrifluoroethylene market is estimated to reach a high CAGR of 3.8% during the forecast period (2022-2029).
The global Polychlorotrifluoroethylene (PCTFE) market size was worth US$ YY Million in 2021 and is projected to reach US$ YY Million by 2029, growing at a CAGR of 3.8% during the forecast period (2022- 2029)
Polychlorotrifluoroethylene (PCTFE), sold under the brand names Kel-F or Neoflon, is an expensive, semi-crystalline, melt-processable thermoplastic.
PCTFE has a unique blend of physical and mechanical qualities, including non-flammability, high optical transparency, chemical resistance, near-zero moisture absorption, and exceptional electrical properties.
Additionally, on September 9, 2020, Honeywell Global Inc. developed Aclar Edge barrier bottles for pharmaceuticals and other moisture- and oxygen-sensitive items, in addition to Aclar barrier films. Aclar Edge multi-layer barrier vials and vials, based on the company’s proprietary PCTFE resin for pharmaceutical packaging, were recently introduced as a safer, lighter alternative to glass for pharmaceutical packaging that outperforms other plastic containers with a moisture barrier comparable to glass and a reinforced oxygen barrier.
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Chemical stability and water repellency are two critical characteristics of PCTFE that account for its diverse range of uses where chemical resistance, a wide operating temperature range and low flammability are required. Chemical apparatus, process equipment, cryogenic applications, valve seats, seals, gaskets, sight glasses (special process), laboratory equipment, medical equipment, gears, cams and bearings are examples of applications of polychlorotrifluoroethylene PCTFE.
Polychlorotrifluoroethylene resins are in high demand for moisture barrier coatings, becoming increasingly common in the pharmaceutical industry due to their exceptional water vapor barrier characteristics and chemical stability.
COVID-19 – Analysis
Although the availability of raw materials and sales of finished products have been hampered by COVID-19 pandemic government lockdowns and controls, COVID 19 has had a minor impact on the PCTFE market.
The pandemic has affected the production of the respective products due to government lockdowns and controls which have hampered the manufacturing and purification processes associated with the respective polymer and resulted in an overall decline in end-user business reduced the demand for pre-pipes. isolated, causing demand-supply dynamics to change.
However, due to the importance of the polymer in areas such as aviation and healthcare, manufacturing and sales shutdowns in countries have not had much direct influence on demand or supply.
- Per end user
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Market Segmentation – Aerospace
The aerospace industry relies on five forms of plastic for aircraft, each offering a viable option when produced by plastic injection molding by premium plastics. Polychlorotrifluoroethylene (PCTFE) is one of the effective forms used in industry due to its flexibility to withstand brutal cold and tremendous heat since the corrosive effects of damage are virtually non-existent. It can also resist fire and chemicals and keep water damage to an absolute minimum.
Since their first use, plastic military aircraft parts have become viable alternatives to traditional metal components. Fluoroplastics like PCTFE have excellent electrical properties and temperature application. It has the optimum combination of physical and mechanical properties, fire and chemical resistance and low moisture absorption. It is ideal for parts that will be outdoors or in corrosive environments.
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Polychlorotrifluoroethylene is a transparent thermoplastic fluorocarbon made by polymerizing the chemical. It is resistant to chemicals, weather, heat and humidity and other environmental factors. The optically clear polymer has high impact resistance and a high level of impermeability. For corrosion control and contamination prevention, PCTFE is used as a chemical barrier.
PCTFE is a thermoplastic chlorofluoropolymer widely used in various industries due to its superior properties. Thermoplastic materials are known to soften and melt when heated (they become more flexible and plastic). Various methods such as extrusion, injection molding and thermoforming can shape the thermo melt coating.
The global polychlorotrifluoroethylene market is highly consolidated, with barely 50 major global players accounting for significant shares. The major companies operating in the global polychlorotrifluoroethylene market are 3M, Daikin Industries Ltd, Honeywell International Inc, Solvay, Arkema, Fluorocarbon Group, Polyfluor Plastics BV and others.
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