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Nafion – Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, and by Application (2019-2026)

Nafion – Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, and by Application (2019-2026)

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach 4.77%, and the total market value is expected to reach USD 1,699 million in 2026 from USD 1,226 million in 2019.

Global economic development, government policy adjustment, related industrial dynamics, industry upgrading, and competition among enterprises are influencing the development of Nafion market. A distinctive and comprehensive picture of Nafion market is embodied in the report.

What is Nafion

Nafion is a sulfonated tetrafluoroethylene based fluoropolymer-copolymer. It is the first of a class of synthetic polymers with ionic properties which are called ionomers. Nafion’s unique ionic properties are a result of incorporating perfluorovinyl ether groups terminated with sulfonate groups onto a tetrafluoroethylene (Teflon) backbone.

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Report Abstract

  • Market Trends and Competitive Landscape
  • Segmentation of Digital Signages Market by Type
  • Segmentation of Digital Signages Market by End-user
  • Market Analysis by Major Region
  • Product Commodity of Digital Signages Market in Major Countries
  • Major Players Profiles
  • Data Source and Research Methodology

Nafion Type Classification

  • Membrane
  • Dispersions
  • Resin

Based on the type segmentation, membrane modules are projected to contribute major revenue shares to the global market and maintain their advantages in the forecast period. More and more membranes are used in nafion market. Increasing adoption of nafion market membrane, owing to its advantages such as mechanical reinforcement with enhanced chemical stability, improved membrane durability, and others are major factors predicted drive revenue growth of the membrane segment over the forecast period.

Nafion End-users Classification

  • Chemical Processing
  • Energy
  • Analytics and Instrumentation
  • Coatings
  • Others

Based on the application segmentation, the chemical processing segment accounts for the highest share in terms of revenue in the global market. Adoption of nafion is increasing in chemical processing owing to various advantages, including reduced lifetime costs/total cost of ownership (TCO), limited maintenance downtime, fewer process interruptions, consistent production quantities, and reduced lifetime energy consumption. These are major factors expected to drive revenue growth of the chemical processing segment in the forecast period.

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Leading Vendors

  • Dows
  • Asahi Chemica
  • Asahi Glass
  • Dupont
  • Solvay
  • Dongyue
  • Tianjiayi
  • The Chemours Company
  • Perma Pure LLC

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. At the same time, optimize product mix and further develop value-added capabilities to maximize margins.

Key regions

North America: United States, Canada, and Mexico

Asia-Pacific: China, Japan, India, Southeast Asia, and Australia

Europe: Germany, UK, France, Italy, Russia, and Spain

Latin America: Brazil, Argentina, and Colombia

The Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, and South Africa

In 2018, the global market is led by North America, capturing about 31.20% of global Nafion sales volume. Asia-Pacific is the second-largest region-wise market with 30.30% global share, followed by Europe (28.77%). China contributes a major market share in the Asia-Pacific region.  The market in China is expected to witness considerable growth in terms of revenue during the forecast period. The rapid growth of the semiconductor industry in China is a major factor expected to support the growth of the nafion market in China. In addition, the rapid growth of the automotive industry in China, and initiatives by government in the country for production and adoption of electric vehicles is also poised to drive the growth of the market within the forecast period.

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Nafion Market

2 Market Trends and Competitive Landscape

3 Segmentation of Nafion Market by Types

4 Segmentation of Nafion Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Nafion Market in Major Countries

7 North America Nafion Landscape Analysis

8 Europe Nafion Landscape Analysis

9 Asia Pacific Nafion Landscape Analysis

10 Latin America, Middle East & Africa Nafion Landscape Analysis  

11 Major Players Profile

11.1 Dows

11.1.1 Dows Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Asahi Chemica

11.3 Asahi Glass

11.4 Dupont

11.5 Solvay

11.6 Dongyue

11.7 Tianjiayi

11.8 The Chemours Company

11.9 Perma Pure LLC

  • Base year: 2018
  • Estimated year: 2019
  • Forecast period: 2019 – 2026

Target Audience:

Nafion manufacturers

Raw material suppliers of Nafion

Distributors and resellers of Nafion

Nafion industry associations

Product managers, Nafion industry administrator, C-level executives of the industries

Market Research and consulting firms

Small and Medium-sized Enterprises (SMEs)

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