- Perfluoropolyether-K
- Perfluoropolyether-M
- Perfluoropolyether-Z
- Perfluoropolyether-Y
- Perfluoropolyether-D
North America Perfluoropolyether Market size was valued at USD 1,268.7 million in 2023 and is expected to grow at 4.3% CAGR from 2024 to 2030. Perfluoropolyether is a highly corrosive lubricant that is non-flammable and used in the most extreme and critical lubrication applications, they are compatible with materials like plastic, glass, metal, elastomers, and ceramics. These lubricants can be used for various purposes like applications in gears, slides, and bearings. The key driver in the market growth is the increase in demand for high-grade lubricants, and the sale expansion of automotive and electronics may influence the market growth, whereas, the availability and usage of alternative lubricants may hinder the growth of the Perfluoropolyether Market. The sale of Perfluoropolyether has increased with the increased demand for efficient lubricants. Perfluoropolyether is also used as the top coating lubricant in the CD drives industry which acts as a key factor in propelling the growth of the perfluoropolyether market.
The increasing Research & Development investment by the manufacturers to produce new products and enhance the application of existing products helps to keep a competitive advantage among the other manufacturers. the increasing demand for non-corrosive and non-flammable lubricants in developed countries like USA and Canada especially in the automotive and aerospace industry acts as a primary factor to drive the perfluoropolyether market growth. On the other hand, the declining CD market all over the globe and the fumes produced by perfluoropolyether when exposed to high temperatures may act as major factors that may hinder the growth of the perfluoropolyether market all over the globe. Based on the product type, perfluoropolyether Y is expected to hold the maximum market share in the forecasted years due to its cost-effectiveness compared to competitors.
North America Perfluoropolyether Market Key Developments:
In June 2019, Total SA launched its new product planetelf PAG K40 which is used in automotive air compressors as a high-performing lubricant.
In March 2018, Kluber Lubrication launched Klubersustain GW0-460 which is used in industrial gears.
North America Perfluoropolyether Market Dynamics
The increasing demand of high-grade lubricants, and the sale expansion of automotive and electronics across the world is the major market driver in the North America Perfluoropolyether market during the forecast period. The Perfluoropolyether is also used as the top coating lubricant in the CD drives industry which acts as a key factor in propelling the growth of perfluoropolyether market. the increasing Research & Development investment by the manufacturers in order produce new product is expected to propel the perfluoropolyether market. the increasing demand of non-corrosive and non-flammable lubricants in developed countries like USA and Canada especially in automotive and aerospace industry acts as a primary factor to drive the perfluoropolyether market growth. Hence, this will drive the north America market growth at a significant rate in the forecasted years.
Country Analysis
North America Perfluoropolyether Market
Based on regions, the market share is divided into USA and Canada. The perfluoropolyether sales are expected to grow significantly in USA due to the increasing demand of oil and grease in the country is driving the market growth in this region. However the USA is anticipated to hold a significant market share due to its high production in automotive and aircrafts industry. The significant growth of aviation sector and automotive sector in the country has boosted the growth of perfluoropolyether market in the country. The increasing investments in research and development in order to enhance the application of lubricant is the key factor for the growth of the perfluoropolyether market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
North America Perfluoropolyether Market Segmentation
By Product Type
By Texture
- Perfluoropolyether oil
- Perfluoropolyether grease
By End User
- Automotive
- Aerospace
- Chemical & Petro chemical
- food processing
- metal processing
- Medical industry equipment
- Power generation
- pulp & paper
Frequently Asked Questions
The north America perfluoropolyether market size was valued at USD 1,268.7 million in 2023
The north America perfluoropolyether market is poised to grow at a significant CAGR of 4.3% from 2023 to 2029.
The leading players in the north America perfluoropolyether market are Dupont, Solvay, Daikin, Dow Corning, Kluber Lubrication GmbH, ICAN Inc., M&I Materials Limited, Nye Lubricants, Hunan Nonferrous, and IKV Tribology, Total SA.
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and Seven years forecast presented from 2024 – 2030
| 1.Executive Summary |
| 2.North America Perfluoropolyether Market Introduction |
| 2.1.North America Perfluoropolyether Market - Taxonomy |
| 2.2.North America Perfluoropolyether Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Texture |
| 2.2.3.End User |
| 2.2.4.Country |
| 3.North America Perfluoropolyether Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.North America Perfluoropolyether Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.North America Perfluoropolyether Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Perfluoropolyether-K |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Perfluoropolyether-M |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Perfluoropolyether-Z |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Perfluoropolyether-Y |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Perfluoropolyether-D |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.North America Perfluoropolyether Market By Texture, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Perfluoropolyether oil |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Perfluoropolyether grease |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.North America Perfluoropolyether Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Automotive |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Aerospace |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Chemical & Petro chemical |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. food processing |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. metal processing |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Medical industry equipment |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Power generation |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. pulp & paper |
| 7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 8.North America Perfluoropolyether Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. United States of America (USA) |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Canada |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.United States of America (USA) Perfluoropolyether Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Perfluoropolyether-K |
| 9.1.2.Perfluoropolyether-M |
| 9.1.3.Perfluoropolyether-Z |
| 9.1.4.Perfluoropolyether-Y |
| 9.1.5.Perfluoropolyether-D |
| 9.2. Texture Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Perfluoropolyether oil |
| 9.2.2.Perfluoropolyether grease |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Automotive |
| 9.3.2.Aerospace |
| 9.3.3.Chemical & Petro chemical |
| 9.3.4.food processing |
| 9.3.5.metal processing |
| 9.3.6.Medical industry equipment |
| 9.3.7.Power generation |
| 9.3.8.pulp & paper |
| 10.Canada Perfluoropolyether Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Perfluoropolyether-K |
| 10.1.2.Perfluoropolyether-M |
| 10.1.3.Perfluoropolyether-Z |
| 10.1.4.Perfluoropolyether-Y |
| 10.1.5.Perfluoropolyether-D |
| 10.2. Texture Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Perfluoropolyether oil |
| 10.2.2.Perfluoropolyether grease |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Automotive |
| 10.3.2.Aerospace |
| 10.3.3.Chemical & Petro chemical |
| 10.3.4.food processing |
| 10.3.5.metal processing |
| 10.3.6.Medical industry equipment |
| 10.3.7.Power generation |
| 10.3.8.pulp & paper |
| 11. Competition Landscape |
| 11.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 11.2.1.Dupont |
| 11.2.2.Solvay |
| 11.2.3.Daikin |
| 11.2.4.Dow Corning |
| 11.2.5.Kluber Lubrication GmbH |
| 11.2.6.ICAN Inc. |
| 11.2.7.M&I Materials Limited |
| 11.2.8.Nye Lubricants |
| 11.2.9.Hunan Nonferrous |
| 11.2.10.IKV Tribology. |
| 11.2.11.Total SA |
| 12. Research Methodology |
| 13. Appendix and Abbreviations |
- Dupont
- Solvay
- Daikin
- Dow Corning
- Kluber Lubrication GmbH
- ICAN Inc.
- M&I Materials Limited
- Nye Lubricants
- Hunan Nonferrous
- IKV Tribology.
- Total SA