Nafion Market to Register Significant Growth Globally During 2018 – 2028

Global Nafion Market Analysis

The recent report published by TMRR on the global Nafion market is an in-depth analysis of the overall prospects of the Nafion market in the upcoming years. The data collected from credible primary and secondary sources is accurately represented in the report backed up by relevant figures, graphs, and tables. The report includes a quantitative and qualitative analysis of the various aspects of the market by collecting data from the key participants in the Nafion market value chain.

The report reveals that the global Nafion market is set to grow at a CAGR of ~XX% over the forecast period (2019-2029) and surpass the value of ~US$XX by the end of 2029. The presented study also includes a thorough analysis of the micro and macroeconomic factors, regulatory framework, and current trends that are expected to influence the growth of the Nafion market during the assessment period.

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Vital Information Enclosed in the Nafion Market Report:

  • In-depth analysis of the various segments and sub-segments of the Nafion market
  • Most recent developments in the current Nafion market landscape
  • Winning strategies adopted by prominent market leaders
  • Analysis of the growth prospects of emerging players in the Nafion market
  • Overview of the regulatory framework relevant to the Nafion market across various regions

Important Queries Addressed in the Report

  1. What are the various strategies adopted by market players to improve their share in the Nafion market?
  2. What are the key trends that are expected to influence the growth of the Nafion market?
  3. Which region is expected to provide significant growth opportunities for players in the Nafion market?
  4. What is the projected value of the Nafion market in 2029?
  5. How have advancements in technology influenced the growth of the Nafion market?

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Nafion Market Segmentation

The market study put forward by TMRR segments the global Nafion market to offer a microscopic understanding of the various aspects of the Nafion market. The Nafion market is segmented on the basis of region, product type, end-user, and more.

The study offers a Y-o-Y growth projection of each market segment and sub-segment over the stipulated timeframe of the study.

competitive landscape of global nafion market include –

  • Solvay S.A.
  • Dongyue Group
  • Asahi Chemicals Co. Ltd.
  • Perma Pure LLC
  • AGC Chemicals Americas, Inc.
  • Jiangsu Tianjiayi Chemical Co., Ltd.

A majority of key players in Nafion market are maintaining their strategic focus on increasing R&D investments and collaborative research efforts targeted to the discovery of novel Nafion structures leading to innovation applicability of Nafion membranes. Companies are eyeing an extended Nafion membrane portfolio catering to a diverse application demand.

Nafion Membrane Remains a Premier Solution across Diverse Industries

The first-ever synthetic polymer developed (at DuPont) by chemically modifying Teflon (in the latter half of 1960’s) is widely referred to as Nafion, and explores diverse applicability owing to its unique ionic peculiarities. Leading the entire class of ionomers, Nafion is a strong combination of chemical and physical properties of the parent/base material Teflon. A thin Nafion such as solid polymer electrolyte (SPE) membrane has been in use for the fuel cells involved in weight-sensitive aerospace applications.

For the chlor-alkali industry, Nafion has been a preferred choice of material over the decades, attributed to superior performance and endurance over other conventional counterparts in the industry. More recently, Nafion market is witnessing considerable growth in revenue, attributed to growing applications of Nafion membrane in fuel cell, hydrogen production, energy storage, acid catalysis, recovery of waste, and production of bulk, specialty, fine, and ultra-high purity chemicals.

Extensively used for proton-exchange membrane (PEM) fuel cells, Nafion has been among the most popularly sought after synthetic PEM membranes across the specialty chemicals landscape. High commercial availability of Nafion membrane is cited as an important factor pushing the growth of Nafion market worldwide.

Nafion is highly efficient when it comes to gas humidification applications, compared to other conventional means used for gas drying – such as desiccant dryer, condenser, and permeation dryer. This selective functional excellence of Nafion over most of the traditional gas dryers makes it a highly favored choice of materials in gas drying applications, especially in laboratory, industrial, and medical industries.

Successfully Garnering Research Interests, Nafion Market Continues to Expand

Attributed to the highly disordered, random, and complex-to-comprehend chemical structure, Nafion remains one of the most challenging research fields. This is projected to be the key factor holding research interests, thrilling scientists to understand more about it in coming years. Increasing research on Nafion membrane functionalities has thus been a significant factor driving revenue to the Nafion market.

A collaborative research study involving Australian and Russian research fellows has recently revealed that the efficiency of hydrogen fuel cells tends to drop down in presence of a Nafion membrane that serves separation of cathode and anode in the fuel cell. According to research so far, the Nafion membrane tends to swell when interacts with water that has a specific deuterium content, and in turn results in partial unwinding of its constituent fibers. While these fibers further protrude away from the surface and interact with the bulk water, they phase for several microns. The research team is currently taking efforts on the structural optimization of Nafion membrane in such cases. Moreover, their next research focus is claimed to be on the alternation of electrical properties of Nafion membrane. Such innovations are projected to remain instrumental to expansion of Nafion market growth.

Global Nafion Market Taxonomy

The global Nafion market is segmented on the basis of type, application, and region.

Based on the type, the key segments of Nafion market include –

  • Resin
  • Dispersions
  • Membrane

By application, Nafion market is categorized into –

  • Coatings
    • Metal plating
    • Architectural paint
  • Chemical Processing
    • Semiconductor
    • Catalyst
    • Ion exchange
    • Chlor-alkali
    • Waste recovery
  • Analytics & Instrumentation
    • Drying & humidification
  • Energy
    • Fuel cell
    • Hydrogen production
    • Energy storage

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This post was originally published on Analytics News