The global market for perfluoroalkoxy (PFA) is expected to register a significant growth during the forecast period 2018-2023.
This significant growth is primarily driven by the increase in demand of high purity PFA coating in critical fluid transport tubing applications and augmenting demand of ultra-high pure (UHP) PFA resin in the semiconductor industry.
Emerging Applications in the Optical Fiber Industry like Jacketing Material
Optic Fiber can be used as a medium for telecommunications and computer networking because it is flexible and can be bundled as cables and has a very small footprint.
The optical fiber cables market benefited from growing demand for data transmission capacity, making it essential to upgrade existing network infrastructure, particularly in Italy and France, where the existing network is still predominantly in copper cable, while North America started to see the first initiatives to develop the 5G network.
The market for optical fiber cables also benefited from growing investments by the principal Chinese carriers, who represented the biggest source of growth in global optical cable demand. This trend gains momentum in the nearby future further igniting the demand for overall perfluoroalkoxy (PFA) market.
Semiconductors Application Segment to Contribute Significant Demand to the Market
The ultra-pure grade PFA is well suited for applications in the semiconductor industry and it is used in the manufacture of wafer carriers, tubing, fittings and pump parts, and is optimal for transporting high-purity chemicals in semiconductor manufacturing.
Special grades of PFA are being developed to meet the rigorous demands of the semiconductor industry which is involved in the production of electronic equipment such as personal computers, cellular phones, LCD, plasma and LED displays.
Key Developments in the Market
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Beijing Xinshiyi Energy Conservation and Environmental Protection Company has developed a 600 MW MGGH heat exchanger by using Solvay’s advanced Hyflon perfluoroalkoxy (PFA) fluoropolymer.