Ethylene Tetrafluoroethylene (ETFE) Market Size & Share, by Technology (Extrusion Molding, Injection Molding); Product Type (Powder, Granule); and by Application (Films & Sheets, Wires & Cables, Tubes, Coatings) End-Use Industry (Automotive, Building & Construction, Aerospace & Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3776
  • Published Date: Sep 27, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024 - 2036

Ethylene Tetrafluoroethylene Market size is estimated to reach USD 900 Million by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of the ethylene tetrafluoroethylene was USD 350 Million. The growth of the market can be attributed to the increasing demand for ETFE as a substitute for glass and conventional materials in various end-use industries as the ETFE foil is considered a more ecological and environmentally sustainable solution than glass because it requires much less energy than glass production and needs fewer structure materials to support the whole system. Also, as per findings, ETFE transmits more light, and insulates better, and its installation costs are about 20 to 70% less than glass.

The growth in the nuclear industry as well as the increasing demand for electricity worldwide is predicted to present the potential for expansion for global ethylene tetrafluoroethylene market over the projected period. It was observed that electricity consumption worldwide has been growing persistently over the past half a century, reaching more than 25,000 terawatt-hours in 2021.

Ethylene Tetrafluoroethylene (ETFE) Market Overview
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ETFE Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand from the Aviation and Aerospace Industries – These industries use ETFE for wire coatings and fuel efficiency.  The demand for fluoropolymers such as ETFE is heightening in the aerospace industry with the rising need to employ far lighter materials for aerospace construction so as to reduce the jet fuel demand globally. Lighter materials reduce the weight, improving the agility and speed of aerospace craft besides reduction of needed fuel quantities. The International Energy Agency predicts that jet fuel demand is anticipated to rise at an annual average of ~7.2 million barrels a day in 2023 worldwide, compared to ~6.1 million in 2022.
  • Increasing Investment in Clean Energy – for instance, it was found that the energy investment globally increased by 8% in 2022 to reach USD 2.4 trillion with the anticipated rise coming mainly in clean energy. Moreover, solar PV was observed to account for ~3.6% of total global electricity generation in 2021, remaining the third largest renewable electricity technology behind hydropower and wind. This transition is expected to boost the ETFE market growth as ETFE solar panels have widespread applications from small solar collectors to industrial PV systems.
  • Prospering Architectural Sector – The boom in the architectural sector can be affirmed by the rising employment opportunities in the sector. For instance, according to the U.S. Bureau of Labor Statistics (BLS), architecture design careers are projected to grow by 3% between 2022-2030. Moreover, the growing use of ETFE in modern architectural projects to build stadiums, polytunnels, and other such structures owing to its cost-efficiency and toughness is anticipated to propel the global ethylene tetrafluoroethylene market in the upcoming years. For instance, as per studies, it is found that ETFE has high strength and is expected to bear a weight that is 400 times its own weight.


  • Concern About Plastic Pollution – ETFE though claimed "natural" building material is plastic in reality owing to which its widespread utilization is debatable, hampering its market growth. With plastic pollution becoming a major global threat the demand for ETFE is anticipated to hamper over the forecast period. It is observed that of all plastic waste generated worldwide only 9% of plastic gets recycled. Moreover, ~24 billion pounds of plastic enter the oceans every year gradually creating a plastic ocean that is responsible for killing over 1 million marine animals.
  • Inability to Curb Sound Transmission
  • Complexity in Use for Small Projects

Global Ethylene Tetrafluoroethylene Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

~ USD 350 Million

Forecast Year Market Size (2036)

~ USD 900 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Ethylene Tetrafluoroethylene (ETFE) Segmentation

Application (Films & Sheets, Wires & Cables, Tubes, Coatings)

Films & sheets segment is estimated to hold 35% share of the global ethylene tetrafluoroethylene market in the year 2036. The growth of the segment can be attributed to the rising spending on renewable energy worldwide as well as the increasing use of ETFE in photovoltaic (PV) top-sheet films as these films are known for their self-cleaning property and are recyclable. It was found that in the United States, nearly 2.8% of the electricity generated was powered by solar energy, with solar accounting for over 13% of electricity generated by renewable sources in 2021. These factors are bolstering the market growth.

Product Type (Powder, Granule)

ETFE market from the Granule segment is expected to garner a significant share of around ~45% in the year 2036. The segment growth can be attributed to the growing electronics as well as the construction industry worldwide with skyrocketing demand for corrosion resistance parts, insulation parts, wires and cables insulation jackets, construction films, valve lining, and many such products worldwide. For instance, it was found that the construction industry in the United States accounted for around 4.3% of the U.S. GDP in 2021. Moreover, as ETFE foils are known to have a lifespan of more than 30 years and are unaffected by UV light, environmental weathering, and pollution, it is widely becoming the most important building material for the construction industry. This, as a result, is anticipated to boost market growth.

Our in-depth analysis of the global ethylene tetrafluoroethylene market includes the following segments:

          By Technology

  • Extrusion Molding
  • Injection Molding

          By Product Type

  • Powder
  • Granule
  • Others

          By Application

  • Films & Sheets
  • Wires & Cables
  • Tubes
  • Coatings

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Ethylene Tetrafluoroethylene Industry - Regional Synopsis

APAC Market Forecast

The ETFE market in Asia Pacific is projected to be the largest with a share of about 36% by the end of 2036. The growth of the market can be attributed majorly to the increasing demand for fluoropolymers such as PVDF, PTFE, ETFE, and others from the automotive industries as these materials are widely used in lithium-ion batteries (LiB), fuel systems, brake systems, and for brake wear sensors respectively. As per findings, in 2022, Mainland China was the dominant consumer of global fluoropolymers, representing ~37% of PTFE consumption and around 48% of another fluoropolymer consumption. Hence, with the growing presence of giant automotive manufacturers in the region as well as the increasing production volume of vehicles, the market for ethylene tetrafluoroethylene in the region is also anticipated to surge together with other types of fluoropolymer market.

North American Market Statistics

The North American ethylene tetrafluoroethylene market is estimated to be the second largest, registering a share of about 30% by the end of 2036. The growth of the market in North America can be attributed majorly to the radically increasing infrastructural development as well as the growing technological advancements in the construction industries. In addition to this, the increasing demand for ETFE for industrial coatings as well as its rising use as oil and gas downhole cable and umbilical is also expected to accelerate the market growth in the region in the coming years. Around 1.8 trillion dollars were estimated to be the size of the U.S. construction sector in 2022.

Research Nester
Ethylene Tetrafluoroethylene (ETFE) Market Region
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Companies Dominating the Ethylene Tetrafluoroethylene Market

    • MakMax Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Daikin Industries, Ltd.
    • Saint-Gobain S.A.
    • DuPont Teijin Films
    • Chemours Company
    • Foiltec

In the News

  • February 2021 - Compagnie de Saint-Gobain S.A. a French multinational corporation announced its plan to invest more than USD 400 million to expand its production capacities in the United States at 4 locations in the Southern US and in California.
  • December 2020 - For the design, creation, and installation of the ETFE film cushion roof at Macquarie University in Northeast Sydney, MakMax Australia was hired.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 3776
  • Published Date: Sep 27, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing use of ETFE as a glass replacement as well as its increasing demand from various end-use industries especially construction, coating and others are the major factors driving the market growth.

The market size of ethylene tetrafluoroethylene is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Daikin Industries, Ltd., Saint-Gobain S.A., DuPont Teijin Films, Chemours Company, Foiltec, Taiyo Kogyo Co., Ltd., AGC Inc., Nitto Denko Corporation, Nippon Electric Glass Co., Ltd., Daikin Industries Ltd, MakMax Group and others.

The granule segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ethylene Tetrafluoroethylene Market Report Scope

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