Nafion Market Growing at 4.0% CAGR Will Hit 1010 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/22/2019 --Nafion is a copolymer of Teflon and perfluoro-3,6-diepoxy-4-methyl-7-decene-sulfuric acid. It also can be called as Perfluorosulfonic acid. The simple Nafion is a Teflon structure with another fluorocarbon temporary side chain. The end of the side chain is a sulfonic acid group (- SO3H).
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China is more likely to attract more investment opportunity for their potential demand.
The global Nafion market was 740 million US$ in 2018 and is expected to 1010 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.
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This report studies the Nafion market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nafion in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
DuPont (Chemours)
Solvay
Dongyue
By the product type, the market is primarily split into
Membrane
Dispersions
Resin
By the end users/application, this report covers the following segments
Energy
Analytics and Instrumentation
Coatings
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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