Global Perfluoropolyethers market will reach 510 million US$ by the end of 2025

Global Perfluoropolyethers market will reach 510 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch

Perfluoropolyether (or PFPE) is a long chain polymer which consists of carbon, oxygen and fluorine atoms. The molecular structure can be branched, linear, or a combination thereof depending on the desired physical properties.

Perfluoropolyether has lubricating effect on mechanical structure.

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QYResearch

The classification of perfluoropolyether includes PFPE Oil and PFPE Grease, and the proportion of PFPE Grease in 2017 is about 73%, and the proportion is in increasing trend from 2013 to 2017.

Perfluoropolyether is widely used in aerospace, electronic, chemical and other field. The most proportion of perfluoropolyether is aerospace, and the consumption proportion in 2017 is about 37.62%.

North America is the largest sales place, with a sales market share nearly 37% in 2017. Following North America, Europe is the second largest sales place with the sales market share of 25%.

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QYResearch

• The global Perfluoropolyethers market is valued at 380 million US$ in 2017 and will reach 510 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.

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