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Nuclear Industries to Drive the Ethylene Tetrafluoroethylene Market

Added: (Thu Jan 17 2019)

Pressbox (Press Release) - Transparency Market Research (TMR) provides key insights on the ethylene tetrafluoroethylene market in its latest report titled “Ethylene Tetrafluoroethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, increasing demand from aerospace and nuclear industries is predicted to drive the ethylene tetrafluoroethylene market during the forecast period. Increase in utilization of ethylene tetrafluoroethylene in aerospace and nuclear industries owing to its exceptional properties is anticipated to drive the global ethylene tetrafluoroethylene market.

Ethylene tetrafluoroethylene is a fluorine based plastic that comprises tetrafluoroethylene (C2F4) and ethylene (C2H4). Ethylene tetrafluoroethylene fluoropolymer resins are manufactured through conventional melt-extrusion techniques and injection, compression, transfer, rotational, and blow molding processes. Ethylene tetrafluoroethylene can be injection molded into very thin components or hot compression molded into stock shapes such as rods, tubes, or sheets. It can be used as a fabric, film, and foil. Ethylene tetrafluoroethylene can be sewn, welded, and glued together. Ethylene tetrafluoroethylene displays exceptional properties; therefore, it is widely used in automotive, aerospace, building & construction, electronics, nuclear, and chemicals industries.

For more information visit here: Ethylene Tetrafluoroethylene

The report has segmented the global ethylene tetrafluoroethylene market based on form, technology, end-use industry, application and region. Based on end-use industry, the ethylene tetrafluoroethylene market is split into automotive, aerospace, building & construction, chemicals, electronics, nuclear, and others. The building & construction segment accounted for major share of the global ethylene tetrafluoroethylene market in 2017. Ethylene tetrafluoroethylene offers excellent mechanical strength, bearing 400 times its weight despite being thin and lightweight. Ethylene tetrafluoroethylene possesses flexible characteristics to stretch three times its length without loss of elasticity and provides nonstick attributes with a surface that resists dirt & dust.

Based on regional perspective, the ethylene tetrafluoroethylene market is split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America constitutes significant share of the global ethylene tetrafluoroethylene market. Growth in the building & construction industry is projected to propel the demand for ethylene tetrafluoroethylene in the near future. However, the market in Asia Pacific is anticipated to expand at a rapid pace owing to the fast-paced industrialization in China and India. Europe is also considered a prominent consumer of ethylene tetrafluoroethylene.

Major players operating in the global ethylene tetrafluoroethylene market are included in this report to give a better competitive analysis of the market and these include 3M, Asahi Glass Company, Daikin Industries, Ltd., E. I. du Pont de Nemours and Company, Hubei Everflon Polymer Co.,Ltd, The Chemours Company, and the Quadrant Group of Companies.

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Submitted by:Vasim Shikalgar
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