Global Fluorinated Ethylene Propylene Market Size, Share, Opportunities, And Trends By Product Type (Films And Sheets, Pellets And Granules, Tubes, Coatings, Others), By Application (Cookware And Food Processing, Chemical Processing, Oil And Gas, Electrical And Electronics, Medical), And By Geography - Forecasts From 2024 To 2029

  • Published : Jul 2024
  • Report Code : KSI061616995
  • Pages : 147

The global fluorinated ethylene propylene market is anticipated to grow at a CAGR of 7.34% during the forecast period (2024-2029).

Fluorinated ethylene propylene is a co-polymer of hexafluoropropylene and tetrafluoroethylene that behaves as PTFE in that both exhibit chemical inertia and low friction but the former is easier to manufacture. Dupont designed and developed FEP as a melt-processable variant of PTFE.

FEP is transparent, flexible, and feels weighty due to its high density. It feels lubricious to the touch because of its extremely low coefficient of friction. FEP is inert, low-binding, and contains extremely few extractable and trace metals. FEP is resistant to all known compounds, except molten alkali metals, elemental fluorine, and fluorine precursors at high temperatures. It should not be used with concentrated perchloric acid. FEP may be utilized at temperatures up to +190°C and retains its protective elastic qualities down to -270°C.

FEP is available under a variety of brand names; the term 'Teflon®' is sometimes misunderstood for the fluoropolymer PTFE, although it also refers to FEP and PFA. Although FEP is softer and slightly more flexible than PTFE, it cannot tolerate repeated folding as well. It also has a low coefficient of dynamic friction and somewhat lower tensile strength. Fluorinatedethylenepropylene differs from PTFE in thermal properties due to its lower melting point of 260°C, as well as its great transparency and UV resistance.

FEP is considerably better in several coating applications that include detergent exposure. The primary distinctions between FEP and PTFE are chemical inertness, corrosion resistance, permeability, and FDA clearance. FEP's ability to maintain chemical stability in severe temperatures and resist damage by chemical fuels makes it an excellent choice in the aerospace sector as a release film, preventing the curing adhesive (such as carbon fiber) from adhering to the metal tooling. Major applications that FEP is ideal for include plastic lab equipment and hoses given flexibility, excellent resistance to chemical attack, and transparency.


  • FEP is employed in electrical and electronic industries because it encompasses multiple characteristics that make it suitable for tough operating environments. Its primary use is in electrical insulation whereby FEP coatings offer reliable performance by offering the correct insulation for wires, cables electrical parts, etc. The compound has high resistivity to high temperatures while possessing excellent dielectric strength and is therefore preferred in applications that require thermal and electrical insulation. The rise of the electrical and electronics sector has a significant influence on the fluorinated ethylene propylene market. For instance, electronics product import in the United States, as per the United States International Trade Commission was US$5,71,453 million in 2021 and it reached a whooping value of US$6,29,871 million in the year 2022, thus aspiring the market growth. The global acceptance of FEP proves its significance in supporting technological development and, at the same time, guaranteeing the effectiveness and reliability of electrical and electronic systems all around the world.
  • Product development in FEP proves beneficial to the market by enhancing traits like thermal steadiness and chemical proofs. New formulating and coatings are highly resistant to severe industrial usage; in automotive electronics, aerospace, and other divisions. Other benefits of innovations are that sustainable materials and processes are used when forthcoming products are developed. The advanced FEP products have found increased utilization in thermal protection, anti-corrosion, and durable coating of the lining. For instance, Teflon fluorinated ethylene propylene (FEP) industrial coatings melt and flow during baking, resulting in nonporous films. These industrial coatings offer outstanding nonstick qualities and a low coefficient of friction, even at temperatures up to 200 °C (400 °F). In addition to their great chemical resistance, they feature a high dielectric strength. PharmaFluor FEP fluoropolymer tubing is designed to withstand the most rigorous biopharmaceutical, medical, and laboratory environments. This tubing is designed to resist aqueous fluid absorption/adsorption, reducing the danger of fluid change in single- or repeated-use applications.

These enhancements address changing market demands, promote technical breakthroughs, and increase FEP's worldwide competitiveness, assuring its continuous relevance and use across a wide range of sectors.


  • Based on the application, oil and gas is one of the most rapidly developing segments.

In recent years, the fluorinated ethylene propylene (FEP) market has grown significantly, owing mostly to its rising uses in the oil and gas sector. FEP, recognized for its superior chemical resistance, high thermal stability, and low friction qualities, has become an essential component in protecting important equipment and improving operating efficiency in the industry. It mainly serves the purpose of coatings, linings, insulation, and seals because it delivers expectations of strength, function, and safety of the industry.

IEA reveals that the Middle East is important for the functioning of world markets in energy. Saudi Arabia, Iraq, the United Arab Emirates, Iran, Kuwait, and other countries of the Middle East are among the top countries in the global list of oil production rates in the year 2022, and three countries of the Middle East region are among the twenty leading gas producing countries of the globe. It contributed to more than 4 out of the 10 barrels of oil exports in the world. In addition, according to OPEC, Saudi Arabia in 2022 owned the largest reserves of crude oil in the world with 2,67,192 million barrels followed by Iran with 2,08,600 million barrels.

In addition to this, the United Arab Emirates is thought to have the world's seventh-largest proven oil and natural gas reserves, amounting to about 97.8 billion barrels per year as stated by the International Trade Administration. As a member of OPEC and the Gas Exporting Forum (GECF), the nation produced an average of 4 million barrels of petroleum and liquids per day while holding 100 billion barrels of reserve oil. In 2023, nearly 30% of the Gross Domestic Product still depended on the production of oil and natural gas and contributed to over 13% of the total value of exports. From 2020 to 2021, as stated by the Government of the United Kingdom total energy consumption in the nation increased by 4.6% to 134 million tonnes of oil equivalent.  

As oil and gas exploration and production operations expand, demand for FEP is likely to climb further, emphasizing its crucial position in this rapidly growing market.

  • Asia Pacific's fluorinated ethylene propylene market is anticipated to grow significantly.

The fluorinated ethylene propylene (FEP) market in Asia Pacific is anticipated to expand rapidly, owing to several factors. There is high and rising demand being expected from the fast industrial growth especially in China and India hence fuelling the demand for FEP, which has various applications in car manufacturing, electronics industry, chemical processing, and oil exploration among others. In addition, the advancement in oil and gas exploration projects in the area coupled with improvement in investment in various fields is fueling the demand for FEP in the region. As per the EIA, China’s annual average of crude oil processing or refinery runs was 14.8 million barrels per day in 2023. Moreover, in recent years, expansion has been associated with petrochemical projects, raising the output of petrochemical raw materials, including naphtha and LPG (propane and butane).

As stated by the Directoral General of Hydrocarbons in 2021, India's E&P industry is focusing on persevering through transitional times and concentrating on greening its hydrocarbon operations and increasing technical efficiency. Energy is presently provided by India's upstream industry, which also finances the country's future energy transformation. Consequently, the country’s fundamental plan is to increase domestic production and exploration property while maintaining a stable budget and an environment that is open for investment.

Another growing component that is driving the fluorinated ethylene propylene market at a higher rate is the electronics industry. In the year 2023, India's electronics sector was estimated at $155 billion, with local manufacturers accounting for 65% as stated by Invest India.  Moreover, according to the data of Shanghai Municipal People’s Government, the retail sales of China’s consumer electronics were at US$305 billion in the year 2023 with a 4% growth rate and in the year 2024, the rate rose to 5%.

Furthermore, environmental legislation that promotes cleaner technology also plays a role, since FEP is noted for its sustainability and minimal environmental effect when compared to older materials. As Asia Pacific advances technologically and economically, the FEP market is expected to develop rapidly, fueled by these broad and dynamic growth factors.

Global Fluorinated Ethylene Propylene Market Key Developments:

In April 2024, Putnam Plastics Corporation, a market leader in sophisticated extrusions for minimally invasive medical devices for over 40 years, announced the addition of FEP heat shrink tubing to its wide line. This latest service demonstrates Putnam's dedication to innovation and customer-centric solutions in the medical device business.

The global fluorinated ethylene propylene market is segmented and analyzed as follows:

  • By Product Type
    • Films and Sheets
    • Pellets and Granules
    • Tubes
    • Coatings
    • Others
  • By Application
    • Cookware and Food Processing
    • Chemical Processing
    • Oil and Gas
    • Electrical and Electronics
    • Medical
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East and Africa
      • Saudi Arabia
      • United Arab Emirates
      • Rest of Middle East and Africa
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Rest of Asia-Pacific


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders


2.1. Research Design

2.2. Research Process


3.1. Key Findings

3.2. Analyst View


4.1. Market Drivers

4.1.1. Growing Demand in Electrical and Electronics

4.1.2. Advancements in Technology

4.2. Market Restraints

4.2.1. High Initial Cost

4.2.2. Availability of Substitutes

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. Films and Sheets

5.3. Pellets and Granules

5.4. Tubes

5.5. Coatings

5.6. Others


6.1. Introduction

6.2. Cookware and Food Processing

6.3. Chemical Processing

6.4. Oil and Gas

6.5. Electrical and Electronics

6.6. Medical

6.7. Others


7.1. Global Overview

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Rest of South America

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Rest of Europe

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. United Arab Emirates

7.5.3. Rest of Middle East and Africa

7.6. Asia-Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Rest of Asia-Pacific


8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard


9.1. 3M

9.2. Thermo Fisher Scientific

9.3. AGC Chemicals Company

9.4. Daikin Chemicals

9.5. Holscot Advanced Polymers Ltd.

9.6. Hubei Everflon Polymer Co., Ltd.

9.7. Inoflon

9.8. Merck KGaA

9.9. Polyfluor

9.10. RTP Company

9.11. Saint-Gobain

9.12. The Chemours Company 


Thermo Fisher Scientific

AGC Chemicals Company

Daikin Chemicals

Holscot Advanced Polymers Ltd.

Hubei Everflon Polymer Co., Ltd.


Merck KGaA


RTP Company



The Chemours Company 

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