Perfluoropolyether Market growth outlook with industry review and forecast 2019-2025

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Perfluoropolyether Market 2019 to 2025, Key
Industry Players Growth Trends
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Global Market Scenario of Perfluoropolyether
Industry

• The perfluoropolyether market outlook is
  primarily driven by its intense utilization in
  high performance lubricants which play a key role
  in maintaining machines and equipment efficiency.
  These lubricants reduce the wear and tear of
  mechanical equipment and offer exceptional
  stability when the machines are under operation.
• Perfluoropolyether (PPFE) lubricant products
  ensure long term lubrication even under constant
  exposure to high temperatures which expands their
  application potential in manufacturing high
  temperature grease and oils.
• They are generally used for lubricating bearings,
  slides, bushes and heavy duty machines in order
  to enhance their functionality and extend
  component lifecycle. The growing prominence of
  heavy machinery across several industry verticals
  will create favorable circumstances for
  Perfluoropolyether market growth.
• Electrical electronics segment is anticipated
  to remain one of the key application avenues in
  the perfluoropolyether market during the forecast
  period. The electrical electronics sector is
  majorly driven by the increasing adoption of home
  appliances and other consumer electronics, which
  will in turn foster utilization of thermally and
  chemically stable lubricants.

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• Hi-tech equipment consisting vacuum chambers
  include several components such as robotic arms,
  linear slides and platforms which require low
  volatility PFPE lubricants to seal pressure and
  eliminate the chances of outgassing, thus
  elongating the component life.
• Moreover, the product proves to be a boon for
  semiconductor equipment by offering them an
  extended lifecycle.

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360 Industry Analysis

• Europe is likely to emerge as a lucrative market
  for perfluoropolyether lubricants from 2019 to
  the end of 2025. The growth can be attributed to
  the proliferation of the automotive industry.
  PFPE oils and greases are indispensably used by
  the automobile manufacturers to ensure smooth
  drive and minimized rattles and squeaks in the
  vehicles.
• European Union car manufacturers are anticipated
  to launch more than 214 electric car models by
  2021 which should propel the industry growth. As
  per reliable reports, Europe perfluoropolyether
  lubricant market secured a revenue share of over
  USD 95 million in 2018 and is further expected to
  continue traversing alongside a positive growth
  graph through 2025.
•  

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• Competitive Analysis
• Manufacturers involved in the PFPE market are
  looking to expand their product portfolio for
  fulfilling the diversifying lubrication needs.
  Some of the major players working in
  perfluoropolyether market include Daikin
  Industries, Nye Lubricants, The Chemours Company,
  LUBRILOG SAS, HUSK-ITT Corporation, Jet lube,
  Miller-Stephenson, Inc. and Fluorotech USA.
  According to new research report by Global Market
  Insights, Inc., Perfluoropolyether Market size is
  presumed to exceed USD 480 million by 2025.

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