Ethylene Tetrafluoroethylene, commonly referred to as ETFE, is a form of fluoropolymer. Ethylene Tetrafluoroethylene is a lubricious plastic with low coefficient of friction, due to which it is used for applications requiring abrasion protection. In production of ETFE, the monomer tetrafluoroethylene is transformed into polymer ethylene tetrafluoroethylene using polymerization and does not involve use of any solvent. In further processing, the material is extruded to varying thicknesses depending on application. The ability to endure high temperatures and tough environments makes Ethylene Tetrafluoroethylene a worthy choice for numerous applications such as medical, aerospace, nuclear and instrumentation industries.

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Ethylene Tetrafluoroethylene Market Outlook – Need for Robust and Lightweight Materials Expected to Boost the Demand

Rapidly growing construction, automotive, and chemicals industries coupled with rising demand of lightweight and durable materials has boosted growth of the ethylene tetrafluoroethylene market, Asia Pacific being one of the largest contributors to the market. This is mainly attributed to rampant growth of the automotive and construction industries in the region. According to India Brand Equity Foundation (IBEF), the Indian plastics industry exported plastic products worth USD 7.64 Bn. Factors such as availability of materials and cheap labor have attracted the manufacturers towards the region, thus boosting growth of market.

Fluctuating raw material prices is a major restraining factors for growth of the global ethylene tetrafluoroethylene industry. Research and development for increasing the applications of ETFE is one of the key strategies followed by the top players in the market. Foiltec is presently testing the capabilities of attaching photovoltaics to ethylene tetrafluoroethylene panels for use as an insulating 'nanogel' which will enhance thermal properties of the panels. Some of the major companies operating in the global ETFE market are Daikin Industries Ltd., E. I. du Pont de Nemours and Company, Dyneon GmbH, Quadrant AG, Asahi Glass Company, Guangzhou Lichang Fluoroplastics Co. Ltd., Hubei Everflon Polymer Co. Ltd and Ensinger GmbH.

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