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Polychlorotrifluoroethylene Market -Industry News, Applications and Trends!

Rising demand for polychlorotrifluoroethylene (PCTFE) in the aerospace industry to manufacture diaphragms, valve seats, and gaskets on account of its light weight and superior thermal resistance is likely to drive market growth.

The Global Polychlorotrifluoroethylene Market size is expected to reach USD 683.1 million by 2025, according to a new report by Grand View Research, Inc., clocking in a 4.0% CAGR during the forecast period.


Increasing penetration of PCTFE as moisture barrier films in the pharmaceutical industry is expected to positively impact the market over the forecast period. Furthermore, PCTFE films are extensively used in manufacturing blister packaging, thus promoting its use in the pharmaceutical industry.

PCTFE exhibits low gas and vapor permeability, high melt processability, low melting temperature, and superior cold flow characteristics. These properties make it ideal for injection molding and extrusion processes, by means of which PCTFE can be molded into a wide range of desired shapes and structures. As a result, expansion of molding industry is likely to have a positive impact on the PCTFE market.

To Know More About Polychlorotrifluoroethylene Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polychlorotrifluoroethylene-market 

High raw material cost and relatively lower production volumes of PCTFE as compared to its counterparts increases overall product cost. This factor has limited the penetration of PCTFE in application industries despite its inherent advantages. Furthermore, it exhibits low thermal and chemical resistance as compared to low-cost alternatives such as PTFE, which is expected to hamper market growth.

Market Segmentation of Polychlorotrifluoroethylene (PCTFE) Market:

The Global Polychlorotrifluoroethylen Market segmented on the basis of Application, End Use, and Region.

By Application:

Films
Wires & Tubes
Coatings

By End-Use:

Pharmaceutical
Electrical & Electronics
Aerospace

By Region:

North America
Europe
Asia Pacific
Central & South America
The Middle East & Africa

Inquire about Polychlorotrifluoroethylene Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2733/ibb 
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