Global Fluorinated Ethylene Propylene Coating Market by Application (Food Processing, Building & Construction, Electrical & Electronics, Chemical Processing, and Others), and by Geography (North America, Europe, Asia-Pacific, and Rest of the World) – Analysis and Forecast to 2019

FEP coating resin is used to prepare fluoropolymer coating systems and it has excellent release properties, excellent chemical resistance, high temperature stability, non-stick properties, heat resistance, and good dielectric properties. FEP coating is widely used in many industrial fields such as food processing, chemical processing, and building and construction, under severe conditions.

The increasing demand from wire and cable industry, multiple applications of FEP coating, and excellent properties has led to an increase in the global demand of FEP coating. FEP has excellent resistance to corrosive and chemical environments along with improved resistance to abrasion compared to PTFE. This makes it extensively used among its other fluoropolymer coating. There has been an increasing use of brand products such as Teflon, Xylan, Dyneon, which have been made from FEP coating, and this has led to an increase in the demand for FEP. Also, the excessive use of FEP coating in its application would be the major reasons to drive this market from 2014 to 2019.

The Global fluorinated ethylene propylene coating market report defines and segments the concerned market in global with analysis and forecast of revenue. This market was valued at $114.9 million in 2014 and is expected to reach a value of $199.3 million by 2019 at a CAGR of 7.0% from 2014 and 2019. In 2014, Asia-Pacific dominated the global market for FEP coating with the largest market share of 36.9% with projected value of $76.9 million by 2019.

In June 2014, DuPont Fluoropolymer Solutions (DuPont, U.S.) started with the operations of its plant expansion and capacity increase up to 1,000 tonnes at its site near Parkersburg, West Virginia site. The expansion will help increase production of high-performance FEP resins, meeting the growing demand. A number of FEP resins would be produced, including FEP 9494 and FEP 9835. These FEP offerings will be supplied to its end-user such as IT datacom category cables and data centre cables.

On March 13 2012, HaloPolymer holding announced its expansion plan for fuse (electrical) fluoropolymers production plant. As the electronic and electric power industry consumes more than 25% of all polymers produced in the world, the company has thus announced the plant expansion in near future. This expansion will help the company increase its market share and meet the global demand from cable industry.

An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives.

A detailed market share analysis of the major players in the Global fluorinated ethylene propylene coating market has been covered in this report. The major companies in this market include include Dongyue Group Limited (China), HaloPolymer OJSC (Russia), DuPont (U.S.), AGC Group (Japan), Metal Coatings Corporation (U.S.), 3M (U.S.), Whitford Corporation (U.S.), BASF SE (Germany), and Daikin Industries Limited (Japan), among others.

Table of Contents

1 Introduction (Page No. - 11)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 13)
    2.1 Integrated Ecosystem of FEP Coating Market
    2.2 Arriving at the FEP Coating Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 20)

4 Market Overview (Page No. - 22)
    4.1 Introduction
    4.2 FEP Coating Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 Global FEP Coating Market, By Application (Page No. - 29)
    5.1 Introduction
    5.2 FEP Coating in Food Processing, By Geography
    5.3 FEP Coating in Chemical Processing, By Geography
    5.4 FEP Coating in Electrical and Electronics, By Geography
    5.5 FEP Coating in Building and Construction, By Geography

6 Global FEP Coating Market, By Geography (Page No. - 41)
    6.1 Introduction
    6.2 Asia-Pacific FEP Coating Market
           6.2.1 Asia-Pacific FEP Coating Market, By Application
    6.3 North America FEP Coating Market
           6.3.1 North America FEP Coating Market, By Application
    6.4 Europe FEP Coating Market
           6.4.1 Europe FEP Coating Market, By Application
    6.5 RoW FEP Coating Market
           6.5.1 RoW FEP Coating Market, By Application

7 Global FEP Coating Market: Competitive Landscape (Page No. - 53)
    7.1 FEP Coating Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansion
    7.4 New Product Development

8 Global FEP Coating Market, By Company (Page No. - 56)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 Dupont
    8.2 Daikin Industries Limited
    8.3 Dongyue Group Limited
    8.4 Halopolymer, OJSC
    8.5 BASF SE
    8.6 Whitford Corporation
    8.7 AGC Group
    8.8 Metal Coatings Corporation
    8.9 3M
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

9 Appendix (Page No. - 83)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Fluoropolymer Coating Additives Usage Data
           9.1.5 Impact Analysis
           9.1.6 Trade Analysis
           9.1.7 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real-Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (46 Tables)

Table 1 Global Fluoropolymer Coating Peer Market Size, 2014 (Tons)
Table 2 Global Fluorinated Ethylene Propylene Coating Application Market, 2014 (USD MN)
Table 3 Global Fluorinated Ethylene Propylene Coating Market: Comparison With Parent Market, 2013–2019 (USD MN)
Table 4 Global Fluorinated Ethylene Propylene Coating Market: Comparison With Parent Market, 2013–2019 (Tons)
Table 5 Global Fluorinated Ethylene Propylene Coating Market: Drivers and Inhibitors
Table 6 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2013-2019 (USD MN)
Table 7 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2013-2019 (Tons)
Table 8 Global Fluorinated Ethylene Propylene Coating Market: Comparison With Application Markets, 2013-2019 (USD MN)
Table 9 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2013-2019 (USD MN)
Table 10 Global Fluorinated Ethylene Propylene Coating: Market, By Application, 2013-2019 (Tons)
Table 11 Global Fluorinated Ethylene Propylene Coating Market in Food Processing, By Geography, 2013-2019 (USD MN)
Table 12 Global Fluorinated Ethylene Propylene Coating Market in Food Processing, By Geography, 2013-2019 (Tons)
Table 13 Global Fluorinated Ethylene Propylene Coating Market in Chemical Processing, By Geography, 2013-2019 (USD MN)
Table 14 Global FEP Coating in Chemical Processing, By Geography, 2013-2019 (Tons)
Table 15 Global FEP Coating in Electrical and Electronics, By Geography, 2013-2019 (USD MN)
Table 16 Global FEP Coating in Electrical and Electronics, By Geography, 2013-2019 (Tons)
Table 17 Global FEP Coating in Building and Construction, By Geography, 2013-2019 (USD MN)
Table 18 Global FEP Coating in Building and Construction, By Geography, 2013-2019 (Tons)
Table 19 Global FEP Coating Market, By Geography, 2013-2019 (USD MN)
Table 20 Global FEP Coating Market, By Geography, 2013-2019 (Tons)
Table 21 Asia-Pacific FEP Coating Market, By Application, 2013-2019 (USD MN)
Table 22 Asia-Pacific FEP Coating Market, By Application, 2013-2019 (Tons)
Table 23 North America FEP Coating Market, By Application, 2013-2019 (USD MN)
Table 24 North America FEP Coating Market, By Application, 2013-2019 (Tons)
Table 25 Europe FEP Coating Market, By Application, 2013-2019 (USD MN)
Table 26 Europe FEP Coating Market, By Application, 2013-2019 (Tons)
Table 27 RoW FEP Coating Market, By Application, 2013-2019 (USD MN)
Table 28 RoW FEP Coating Market, By Application, 2013-2019 (Tons)
Table 29 FEP Coating Market: Company Share Analysis, 2014 (%)
Table 30 Global FEP Coating Market: Mergers & Acquisitions
Table 31 Global FEP Coating Market: Investments
Table 32 Global FEP Coating Market: New Product Development
Table 33 Dupont: Key Financials, 2011-2014 (USD MN)
Table 34 Dupont: Key Operations Data, 2010-2014 (USD MN)
Table 35 Daikin Industries, Ltd.: Key Financials, 2010-2014 (USD MN)
Table 36 Daikin Industries, Ltd.: Key Operations Data, 2010-2014 (USD MN)
Table 37 Dongyue Group Limited: Key Financials, 2009-2013 (USD MN)
Table 38 Dongyue Group Limited: Key Operations Data, 2009-2013 (USD MN)
Table 39 Halopolymer OJSC: Key Financials, 2010-2012 (USD MN)
Table 40 Halopolymer OJSC: Key Operations Data, 2010-2012 (USD MN)
Table 41 BASF SE: Key Financials, 2009-2013 (USD MN)
Table 42 BASF SE: Key Operations Data, 2009-2013 (USD MN)
Table 43 AGC Group: Key Financials, 2009-2013 (USD MN)
Table 44 AGC Group: Key Operating Data, 2009 - 2013 (USD MN)
Table 45 3M: Key Financials, 2009-2013 (USD MN)
Table 46 3M: Key Operations Data, 2009 - 2013 (USD MN)

List of Figures (42 Figures)

Figure 1 Global FEP Coating Market: Segmentation and Coverage
Figure 2 FEP Coating Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 Global FEP Coating Market Snapshot
Figure 8 FEP Coating Market: Growth Aspects
Figure 9 Global FEP Coating Market, By Application, 2014 & 2019
Figure 10 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2014-2019 (USD MN)
Figure 11 FEP Coating: Application Market Scenario
Figure 12 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2014 - 2019 (USD MN)
Figure 13 Global Fluorinated Ethylene Propylene Coating Market, By Application, 2013-2019 (Tons)
Figure 14 Global Fluorinated Ethylene Propylene Coating Market in Food Processing, By Geography, 2013-2019 (USD MN)
Figure 15 Global Fluorinated Ethylene Propylene Coating Market in Chemical Processing, By Geography, 2013-2019 (USD MN)
Figure 16 Global Fluorinated Ethylene Propylene Coating Market in Electrical and Electronics, By Geography, 2013-2019 (USD MN)
Figure 17 Global Fluorinated Ethylene Propylene Coating Market in Building and Construction, By Geography, 2013-2019 (USD MN)
Figure 18 Global Fluorinated Ethylene Propylene Coating Market: Growth Analysis, By Geography, 2013-2019 (USD MN)
Figure 19 Global Fluorinated Ethylene Propylene Coating Market: Growth Analysis, By Geography, 2013-2019 (Tons)
Figure 20 Asia-Pacific FEP Coating Market, By Application, 2013-2019 (USD MN)
Figure 21 Asia-Pacific FEP Coating Market: Application Snapshot
Figure 22 North America FEP Coating Market, By Application, 2013-2019 (USD MN)
Figure 23 North America FEP Coating Market: Application Snapshot
Figure 24 Europe FEP Coating Market, By Application, 2013-2019 (USD MN)
Figure 25 Europe FEP Coating Market: Application Snapshot
Figure 26 RoW FEP Coating Market, By Application, 2013-2019 (USD MN)
Figure 27 RoW FEP Coating Market: Application Snapshot
Figure 28 FEP Coating Market: Company Share Analysis, 2014 (%)
Figure 29 Dupont Business Revenue Mix, 2013 (%)
Figure 30 Dupont Revenues, 2010-2014 (USD MN)
Figure 31 Daikin Industries, Ltd. Business Revenue Mix, 2014 (%)
Figure 32 Daikin Industries, Ltd. Revenues, 2010-2014 (USD MN)
Figure 33 Dongyue Group Limited Business Revenue Mix, 2013 (%)
Figure 34 Dongyue Group Limited Revenues, 2009-2013 (USD MN)
Figure 35 Halopolymer OJSC Business Revenue Mix 2012 (%)
Figure 36 Halopolymer OJSC, 2010-2012 (USD MN)
Figure 37 BASF SE Business Revenue Mix, 2013 (%)
Figure 38 BASF SE Revenues, 2009-2013 (USD MN)
Figure 39 AGC Group: Revenue Mix 2013 (%)
Figure 40 AGC Group: Revenue Mix 2013 (%)
Figure 41 3M: Revenue Mix 2013 (%)
Figure 42 3M: Revenue Mix 2013 (%)

Fluorinated ethylene propylene (FEP) is a copolymer of tetrafluorothylene and hexafluoropropylene. FEP coating resins is used to prepare fluoropolymer coating systems which consists of fluoropolymer resin along with binder resins, pigments, solvent, and additives.

FEP coating has advantages such as reduced processing time, good chemical resistance, non-porous film, and excellent non-stick properties along with an electric break-down resistance of 240°C/400°F, thereby expanding its use in various industries. These superior properties help increase the demand of FEP coating and many manufacturers such as HaloPolymer OJSC (Russia), DuPont (U.S.), and Daikin Industries Limited (Japan) are working on their expansion plans.

This coating is often used in the food processing industry due to its food contact acceptance and heat resistance properties. Besides this, it is now-a-days widely used in end user markets for example, building and construction, chemical processing and electrical and electronics.

The global fluorinated ethylene propylene coating market, by application, was valued at $114.9 million in 2014 and is projected to reach $199.3 million by 2019, at a CAGR of 7.0% during the forecast period of 2014 to 2019.  It is projected to reach a volume of 8,289.3 KT by 2019, at a CAGR of 6.1% during the given forecast period.

In 2014, the food processing application records the highest consumption of global FEP coating; it recorded a consumption of 1,935.2 tonnes. Excellent resistance to stress cracking and excellent anti-stick property of FEP coating has resulted in its usage in food processing application.  Companies such as Dongyue Group Limited (China) and Daikin Industries Ltd. (Japan) have undergone acquisitions and expansions due to the increasing consumption in the Asia-Pacific region. Acquisitions and expansions are the major strategies adopted by most market players to achieve growth in the FEP coating market.

In 2014, Asia-Pacific dominates the global market for FEP coating, having accounted for 36.9% market share, by value followed by North America. The major reason for the growth of FEP coating market in this region is the growing demand from end-users, the expansions by the key players such as Daikin Industries Ltd. (Japan), and the excellent properties of FEP coating.

The Global fluorinated ethylene propylene coating market has been broadly classified on the basis of application and region. The applications are segmented as building and construction, chemical processing and electrical and electronics, and other applications. On the basic of geography, the regions are Asia-Pacific, North America, Europe, and Rest of the World.

The key players in the Global FEP coating market include Dongyue Group Limited (China), HaloPolymer OJSC (Russia), DuPont (U.S.), AGC Group (Japan), Metal Coatings Corporation (U.S.), 3M (U.S.), Whitford Corporation (U.S.), BASF SE (Germany), and Daikin Industries Limited (Japan),  among others.