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    5G Fluoropolymers Market Report

    5G Fluoropolymers Market Report
    Report code - SR2131 Published On : Sep,2022 No. of Pages: 105
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    5G Fluoropolymers Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Op See more...

    Market Highlights

    In 5G applications, such as wire & cables, PCBs, and antennas, a wide range of fluoropolymers including PTFE, FEP, PVDF, and PFA are used. Low dielectric loss, high temperature and chemical resistance, non-flammability, UV stability, low coefficient of friction, and excellent insulation properties make fluoropolymers suitable for usage in 5G applications.

    The 5G fluoropolymers market experienced impressive growth of 60.3% in 2021 and is estimated to maintain its growth momentum (19.3% CAGR, value basis) over the next five years, reaching a value of US$ 437.3 million in 2027.  In terms of volume, the market witnessed excellent growth in 2021, almost half of the growth of value, due to a spike in the price of materials in the wake of the demand-supply gap. The two major factors that will continue stirring the market demand are an ongoing surge in 5G infrastructure growth due to increasing demand for higher bandwidth by telecommunication companies and rising mobile subscriber penetration.

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    Market Segments' Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Product Type

    PTFE, FEP, and Others

    PTFE remains the most preferred material type for 5G applications.

    Application Type

    Wire & Cable, PCB, and Antenna

    High preference for fluoropolymers in wire & cable applications.

    Region Type

    North America, Europe, Asia-Pacific, and Rest of the World

    Asia-Pacific continues dominating the market. Europe is likely to witness excellent growth.

     
    Based on the product type, the 5G fluoropolymers market is segmented as PTFE, FEP, and others. PTFE is expected to remain the most dominant product type in the market during the forecast period owing to its excellent low dielectric property and low-loss factors; exceptional resistance to high temperatures, chemical reaction, and corrosion; and remarkable fire safety performance. FEP is expected to remain the second-dominant product type over the forecast period due to its lower melting point than PTFE and PFA, corrosion resistance, and outstanding chemical, fluid, age, and ozone resistance, making it suitable for wire & cable application.
    Know the high-growth countries in this report. 

    Based on the application type, the market is segmented as wire & cable, PCB, and antenna. The wire & cable segment is expected to remain the dominant as well as the fastest-growing application type in the market during the forecast period. The segment includes LAN cables, data center wire, high-speed wire insulation, and cable jacketing. Fluoropolymer-coated wire can withstand high-power consumption and high frequencies of 5G radios and cells, as well as can protect cables from fire and heat, and allows quick data transmission. PCB to remain the second-dominant application type during the forecast period. PCBs with high-quality fluoropolymers ensure purity during fabrication, eliminate cross-talk when operating at high frequencies, and enable reliable performance in high-temperature ranges.

    In terms of regions, Asia-Pacific is expected to remain the largest 5G fluoropolymers market during the forecast period. China is the region's largest market, with significant opportunities for leading players. The country is also the world's largest producer and consumer of fluoropolymers. Japan and South Korea are the other key markets in the region.

    North America is expected to remain the second-largest region in the market till 2027. The USA to remain the demand generator of the region with the presence of leading players, such as The Chemours Company and The 3M Company, in the country. Europe is likely to be the fastest-growing market for 5G fluoropolymers in the coming years, driven by growing investments in future 5G technology.

    Key Players

    Want to have a closer look at this market report,

    The market is less populated with the presence of a handful of players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the 5G fluoropolymers market.

    • The Chemours Company
    • The 3M Company
    • Solvay S.A
    • Daikin Industries Ltd.
    • Gujarat Fluorochemicals Limited (GFL)
    • AGC Inc.
    • Arkema S.A

     

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s 5G fluoropolymers market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The 5G fluoropolymers market is segmented into the following categories. 

    5G Fluoropolymers Market, by Product Type

    • PTFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • FEP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    5G Fluoropolymers Market, by Application Type

    • Wire & Cable (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • PCB (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Antenna (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    5G Fluoropolymers Market, by Region

    • North America (Country Analysis: The USA and Rest of North America)
    • Europe (Country Analysis: Germany, The UK, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    A Bird's Eye View of the Market

    The 5G fluoropolymers market is estimated to grow at a whopping CAGR of 19.3% by 2027, driven by an increase in 5G infrastructure growth and rising mobile subscriber penetration.

    The Chemours Company, The 3M Company, Solvay S.A., Daikin Industries Ltd., Gujarat Fluorochemicals Limited (GFL), AGC Inc., and Arkema S.A. are the leading players in the 5G fluoropolymers market.

    Asia-Pacific is estimated to remain dominant in the 5G fluoropolymers market in the foreseen future. The key economies driving the regions demand for 5G fluoropolymers are China, South Korea, and Japan.

    Europe is estimated to remain the fastest-growing market for 5G fluoropolymers in the foreseen future. Growing investments in future 5G technology provides enormous growth opportunities for the 5G fluoropolymers market participants in the future.

    PTFE is estimated to be dominant in the market in the foreseen future, owing to its usage in all major 5G applications such as wire & cable, PCB, and antenna, due to its low dielectric, high temperature and chemical resistance, non-flammability, and excellent insulation properties.