Germany is the largest consumer of PTFE Market in Western Europe accounting for around 42% of the PTFE Market demand in the region owing to its vast automotive, electrical & electronics, chemical processing and other industrial & manufacturing sector. The country’s chemical industry is the biggest in the region and third largest in the world. Germany is also the major producer of chemicals, polymers, electrical & electronics in Europe. Electrical & electronics is Germany’s second largest industrial sector accounting for around 11% of total German industrial production, and about 3%of its gross domestic product (GDP). In terms of application, more than 40% of PTFE is utilized in chemical processing industry, 19% in mechanical industries,and 16% in electrical and electronics market.
Demand for PTFE in Germany was estimated to be around 13.1 kilotons in 2017 which is met by Dyneon, the only major player in Germany with total capacity of 15.8 kilo tons. The demand is likely to reach 16.8 kilo tons in 2025 growing at CAGR of 3.2% per year. Germany exports to almost all other countries in the Europe. Italy, USA and France are the major export locations of Germany accounting for 45% of the total exports.
Exports from Germany have been consistently high in comparison to its imports. Exports from the country range from 8 to 11 kilo tons between 2005 and 2017, except in 2009, where the exports fell to around 6 kilo tons. In the same period, Imports in Germany range from 5 kilo tons to 9.5 kilo tons with an average price of around $ 15.2/kg.
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Germany is the largest consumer of PTFE Market in Western Europe accounting for around 42% of the PTFE Market demand in the region owing to its vast automotive, electrical & electronics, chemical processing and other industrial & manufacturing sector. The country’s chemical industry is the biggest in the region and third largest in the world. Germany is also the major producer of chemicals, polymers, electrical & electronics in Europe. Electrical & electronics is Germany’s second largest industrial sector accounting for around 11% of total German industrial production, and about 3%of its gross domestic product (GDP). In terms of application, more than 40% of PTFE is utilized in chemical processing industry, 19% in mechanical industries,and 16% in electrical and electronics market.
Demand for PTFE in Germany was estimated to be around 13.1 kilotons in 2017 which is met by Dyneon, the only major player in Germany with total capacity of 15.8 kilo tons. The demand is likely to reach 16.8 kilo tons in 2025 growing at CAGR of 3.2% per year. Germany exports to almost all other countries in the Europe. Italy, USA and France are the major export locations of Germany accounting for 45% of the total exports.
Exports from Germany have been consistently high in comparison to its imports. Exports from the country range from 8 to 11 kilo tons between 2005 and 2017, except in 2009, where the exports fell to around 6 kilo tons. In the same period, Imports in Germany range from 5 kilo tons to 9.5 kilo tons with an average price of around $ 15.2/kg.
For More Reports:-https://prismaneconsulting.com/blog_details/103/Germany-PTFE-Market-(2005-2017)
Liquid Crystal Polymers (LCP) are aromatic polyesters by composition that exist in liquid crystal state. They exhibit a partially crystalline structure and their molecules are largely aligned. They have remarkable physical properties and chemical inertness by the virtue of which are capable of replacing metals, ceramics and several other engineering plastics in high-end applications. LCPs finds use in electronic components like printed circuit boards and surface mounted devices to name a few. Electrical & Electronics and Consumer Electronics are so far the largest consumers of LCP and will continue being the major consumers in the long term forecast. Other applications for LCPs include: Automotives (power trains of hybrid cars), Industrial, Medical and other applications like Aerospace and Bakeware.
LCPs were first commercialized in 1980 s. Currently, the major players into manufacturing of neat LCP resins are: Polyplastics, Ticona, Toray, Solvay, Sumitomo and Ueno. Polyplastics is identified to be the largest producer with a manufacturing facility in Fuji, Japan. LCP resins manufacturing facilities are largely restricted to Japan, China and USA. The global demand is expected to grow at a CAGR of 5.0 - 5.2% in the next 5-6 years.
In 2016, Asia-Pacific was estimated to be the largest consumer of LCPs accounting for over 75% of the global demand. China accounted for the major demand with strong demand from its electrical & electronics industry. Other Asian countries including Taiwan, Japan, India, Singapore and South Korea account for a decent share of the global demand.
Miniaturization of electronic parts owing to the need of ultra-thin components and lead-free soldering techniques are the major growth driving factor for LCPs in the electronics industry. Growing population, increasing disposable income, and per capita consumption of plastics are some of the key factors supporting the growth in demand of plastics in the electronics industry. Its high prices compared to other commodity plastics put it to some disadvantage. However, its outstanding properties outweigh this and the market for LCP is likely to expand over the years.
The report covers the following topics:
End-Uses
Regional Markets
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