5G Fluoropolymers Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2027

Market Highlights

In 5G applications, such as wire & cables, PCBs, and antennas, a wide range of fluoropolymers including PTFE, FEP, PVDF, and PFA are used. Low dielectric loss, high temperature and chemical resistance, non-flammability, UV stability, low coefficient of friction, and excellent insulation properties make fluoropolymers suitable for usage in 5G applications.

The 5G fluoropolymers market experienced impressive growth of 60.3% in 2021 and is estimated to maintain its growth momentum (19.3% CAGR, value basis) over the next five years, reaching a value of US$ 437.3 million in 2027. In terms of volume, the market witnessed excellent growth in 2021, almost half of the growth of value, due to a spike in the price of materials in the wake of the demand-supply gap. The two major factors that will continue stirring the market demand are an ongoing surge in 5G infrastructure growth due to increasing demand for higher bandwidth by telecommunication companies and rising mobile subscriber penetration.

Based on the product type, the 5G fluoropolymers market is segmented as PTFE, FEP, and others. PTFE is expected to remain the most dominant product type in the market during the forecast period owing to its excellent low dielectric property and low-loss factors; exceptional resistance to high temperatures, chemical reaction, and corrosion; and remarkable fire safety performance. FEP is expected to remain the second-dominant product type over the forecast period due to its lower melting point than PTFE and PFA, corrosion resistance, and outstanding chemical, fluid, age, and ozone resistance, making it suitable for wire & cable application.

Based on the application type, the market is segmented as wire & cable, PCB, and antenna. The wire & cable segment is expected to remain the dominant as well as the fastest-growing application type in the market during the forecast period. The segment includes LAN cables, data center wire, high-speed wire insulation, and cable jacketing. Fluoropolymer-coated wire can withstand high-power consumption and high frequencies of 5G radios and cells, as well as can protect cables from fire and heat, and allows quick data transmission. PCB to remain the second-dominant application type during the forecast period. PCBs with high-quality fluoropolymers ensure purity during fabrication, eliminate cross-talk when operating at high frequencies, and enable reliable performance in high-temperature ranges.

In terms of regions, Asia-Pacific is expected to remain the largest 5G fluoropolymers market during the forecast period. China is the region's largest market, with significant opportunities for leading players. The country is also the world's largest producer and consumer of fluoropolymers. Japan and South Korea are the other key markets in the region.

North America is expected to remain the second-largest region in the market till 2027. The USA to remain the demand generator of the region with the presence of leading players, such as The Chemours Company and The 3M Company, in the country. Europe is likely to be the fastest-growing market for 5G fluoropolymers in the coming years, driven by growing investments in future 5G technology.

The market is less populated with the presence of a handful of players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the 5G fluoropolymers market.

• The Chemours Company
• The 3M Company
• Solvay SA
• Daikin Industries Ltd
• Gujarat Fluorochemicals Limited (GFL)
• AGC Inc
• Arkema SA

Research Methodology

This strategic assessment report, from the publisher, provides a comprehensive analysis that reflects today's 5G fluoropolymers market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the publisher's internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

The 5G fluoropolymers market is segmented into the following categories.

5G Fluoropolymers Market, by Product Type

• PTFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• FEP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

5G Fluoropolymers Market, by Application Type

• Wire & Cable (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• PCB (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Antenna (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

5G Fluoropolymers Market, by Region

• North America (Country Analysis: The USA and Rest of North America)
• Europe (Country Analysis: Germany, The UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Latin America, The Middle East, and Others)