Report Code: A15608 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Perfluoropolyether Market
Request Now !The fluorinated synthetic fluid family includes perfluoropolyether (PFPE). PFPEs are non-toxic, non-flammable, and chemically resistant low molecular weight partly fluorinated oxetane oligomeric polyols. They are employed in temperatures ranging from 80 to 200 degrees Celsius. PFPEs are polymeric species with perfluorinated methyl-, ethyl-, or isopropyl ether units repeating per fluorinated methyl-, ethyl-, or isopropyl ether units. They come in a number of different application-specific end groups. Their molecular structure varies depending on the application, from linear to branch to a combination of both. Photo-initiated oxidative polymerization is used to make them. PFPE fluids are divided into four types: PFPE-K, PFPE-M, PFPE-Y, and PFPE-Z. Oxygen, carbon, and fluorine atoms are present in all PFPE fluids. Each sort of fluid, on the other hand, is made up of distinct beginning components and manufacturing techniques. These structural changes have an impact on the fluid's temperature resistance, wear resistance, lubricity, and volatility.
COVID-19 Impact analysis
The implications of COVID-19 and the oil price war are proving to be a two-pronged challenge for the oil, gas, and chemical sectors. Due to factory slowdowns and travel restrictions, oil prices are falling due to the failure of output reduction discussions, and demand for chemicals and refined commodities is weakening in the middle of this worldwide epidemic. While chemical production increased in some categories in January 2020 compared to December 2019, it decreased in February compared to January and in March compared to February. Leading producers are cutting capital and operating investment because of the recession. Manufacturing activities in these industries have been hampered by labor shortages and difficulties in obtaining raw supplies. Given the increase in investment, the COVID-19 pandemic problem could have an impact on development until the end of 2020. Furthermore, the COVID-19 pandemic has damaged the PFPE market-affected sector even further.
Top Impacting Factors
The PFPE market is being driven by demand for non-toxic, non-flammable, corrosion-resistant lubricant standards, development in the automotive industry, rising defense budgets, and advancements in aircraft technology. In the aerospace industry, PFPE is widely utilized as instrument-bearing grease, joint-bearing grease in aircraft fuel systems, and astronaut spacesuit bearing grease. It is also commonly used to coat the surfaces of tiles, stones, ceramics, and glass to impart qualities like oil and water repellency, as well as minimal adhesion and friction. Perfluoropolyether (PFPE) is basically inert against chemical and oxidizing pressures due to the existence of exceptionally stable C-O and C-F bonds, making it an ideal match for situations with extensive chemical exposure and high temperature instability, particularly in the aerospace industry.
Market Trends
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Perfluoropolyether Market Report Highlights
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Key Market Players | Solvay Solexis, Chemours Company, ACG Group, Halocarbon Product Corporation, Dow Corning, Corning Inc., ICAN, DuPont, Daikin, M&I Materials Limited, Saint Gobain, Kluber Lubrication |
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