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Fluoropolymers (PTFE)

Fluoropolymers (PTFE) Price Trend and Forecast

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Fluoropolymers (PTFE) Price Trend and Forecast

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Market Overview

For the Quarter Ending September 2021

North America

In Q3 2021, Fluoropolymers market witnessed an upward trajectory backed by the upsurge in the values of its raw materials during this period in North America. Shortage in the supply of feedstock Ethylene, Tetrafluoroethylene and Propylene was caused as the industrial infrastructure in the US Gulf Coast remained shut due to the impact of Ida hurricane. Furthermore, recovery in the automotive, electronics, construction and other downstream sectors also kept the market sentiments of various polymers high in this quarter. Polytetrafluoroethylene and Fluoroelastomer experienced improvement in the offtakes from the downstream sectors in the US region in this quarter. Thus, sturdy demand and constrained availability pushed the prices of Fluoropolymers in North America. PTFE Fine Cut grade prices reached INR 988120 per MT during September in US.

Asia Pacific

In Asia, an exponential rise in the demand for Fluoropolymers was registered during the third quarter of 2021. Surge in the values of PTFE was supported by the spike in the values of feedstock Ethylene, Propylene and other petrochemical derivatives along with the growth in the downstream market scenario in Asian markets. In China, Fluoropolymers market witnessed an upward rally due to the supply chain disruption following the shut-down of the Ningbo-Zhoushan port for around 12-14 days in August. In India, inflation in the prices of PTFE was observed supported by the constant hike in values of petrochemical like Ethylene, Tetrafluoroethylene & Propylene which are the key raw materials involved in Fluoropolymer production. Therefore, PFTE general Moulding 610 EX-Vadodara prices settled at USD 9903.88 per MT in September showcasing a spike by USD 1515.7 /MT since July.

Europe:

In Q3 2021, European market witnessed an upsurge in the prices of PFTE during this period backed by the constant increase in values of feedstocks including Ethylene. Besides, an improvement in the offtakes from the downstream manufacturers in this timeframe after the resurgence in the industrial and the commercial activities also contributed to the surge in its prices. Moreover, high energy rates kept the prices high in this timeframe. Additionally, hike in the freight charges and shortage of shipping containers further sent ripples to the prices of PFTE in this quarter.

Fluoropolymer Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Fluoropolymers (PTFE) is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Fluoropolymers (PTFE) market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Fluoropolymers manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Fluoropolymers market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Fluoropolymers market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Fluoropolymers are analyzed and region-wise demand pattern is tracked.

About

Fluoropolymers are fluorocarbon-based polymers as well as high performance-based plastics that have wide range of applications due to their versatile properties such as chemical resistance, thermal stability, strong abrasion and weather resistance, cryogenic properties, , low dielectric constant, low friction coefficient and flame resistance. On the basis of their types, Fluoropolymers are segmented into Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Polyvinylidiene fluoride (PVDF), Fluoro elastomers and Others (ECTFE, PFA) etc. Among all PTFE is the most lucrative segment used as a non-stick coating for pans and other cookware, bakeware, and appliance surfaces along with medical goods such as surgical patches and cardiovascular grafts. The major end use industries for Fluoropolymers are Chemical processing, Automotive & Aviation, Textiles, Semiconductors and electronics, Domestic goods, Fabrics and Medical.

Product Specific Details

CAS No:	9002-84-0
HS Code:	39046980
Grade:	Technical grade
Contract Size:	100-150MT
Packaging Type:	Drum/ISO Tank

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Fluoropolymers (PTFE) Price Trend and Forecast