Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global Nafion Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.5 % during the review period (2022 to 2027).
Nafion Market Overview
Nafion is a type of copolymer. It is a sulfonated tetrafluroethylene based flouropolymer. Nafion is supremely ion-conductive and it operates as a cation exchange polymer. It offers excellent chemical and thermal stabilities and provides superior mechanical strength. Universal chemical-resistivity and exceptional electrochemical stability have made nafion an ideal material in fuel cell applications. Moreover, attributed to nafion’s excellent resistance to impurities and exceptional power consumption, it is used in various electrochemical cells and electrolytic devices under diverse operating conditions.Nafion is a sulfonated tetrafluoroethylene-based fluoropolymer-copolymer. It is highly ion-conductive and it functions as a cation conversation polymer. Nafion has high motorized strength, and remaining thermal and chemical solidities. It is very stable at high temperatures and has temperately advanced working fevers as compared to other polymers.
Who are the Major Players in Nafion Market?
The Nafion Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Chemours Company, Solvay, Dongyue, Asahi Chemicals Co. Ltd., Perma Pure LLC, AGC Chemicals Americas, Inc.
Industry News:
September 8, 2021-- Asahi Kasei to launch new services for membrane process chlor-alkali electrolysis with R2 following acquisition and joint study. Asahi Kasei is initiating a proof-of-concept demonstration of data-driven services for membrane process chlor-alkali electrolysis with Recherche 2000 Inc. (R2), having jointly completed preliminary study and co-development of such services following its February 2020 acquisition of R2.
What are the major Applications, Types and Regions for Nafion Market?
By Types it is segmented into
- Nafion Membrane
- Nafion Dispersions
- Nafion Resin
By Applications it is segmented into
- Energy
- Analytics and Instrumentation
- Coatings
Nafion Market Regional Analysis
North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Of these, the global market is subject by the North America region. The growth of the North America market can be mainly credited to the swollen spending on the growth of the organization and also due to the growing demand for nafion-based paints from the building industry. The request for nafion-based paints is high due to its capacity to easily bond many thin-layered coverings together with no or minimum blisters.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Nafion Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Nafion Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Nafion Market Report Scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2028 CAGR
|
CAGR of 6.5% during the review period (2022 to 2027).
|
By Type
|
- Nafion Membrane
- Nafion Dispersions
- Nafion Resin
|
By Application
|
- Energy
- Analytics and Instrumentation
- Coatings
|
By Companies
|
Chemours Company, Solvay, Dongyue, Asahi Chemicals Co. Ltd., Perma Pure LLC, AGC Chemicals Americas, Inc.
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
137
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Nafion Report
- Evaluate Nafion market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Nafion market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Question-
What are the major issues heavying the growth of the nafion market?
The major subjects driving market growth are rising demand for ion conversation skins in fuel cell-based claims and rising usage of clean energy bases for power unit.
What would be the CAGR of nafion market over the estimate period?
The market is expected to attain a CAGR of 6.5% over the forecast period, i.e., 2020 – 2027.
What are the tests moving the nafion market growth?
High cost of nafion is estimated to hamper the market growth
What are the segments in the nafion market?
The market is segmented by form, application, and by region.
Which region will provide more business opportunities for growth of nafion market in future?
Asia Pacific will provide more commercial occasions for market growing owing to the important making of electrical cars in East Asia.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.