Projeted Growth
Moderate

Growth Potential Meter

PFSA Ionomer Market by Product Type (Industrial Grade Technical Grade) by Application (Golf Ball Covers, Food Packaging, Cosmetics and Medical Device Packaging) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 125 | Report Code: PSMR- PSMR-002116 | Report Format : PDF

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD 356.75 million

Forecast Value (2028)

USD 488.7488781 million

CAGR (2022 to 2028)

4.6 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Perfluorosulfonic-acid (PFSA) ionomers are commonly used as the proton-exchange membrane (PEM) in most solid-state energy-conversion and storage devices due to their exceptional ionic conductivity and good permselectivity. Ionomers have multiple functionalities in PEM fuel cells. In addition to their role as the ion-conducing membrane, they form a nanometer-thick electrolyte film within the catalyst-layers (CLs) where the electrochemical reactions occur. Interactions of the ionomer with the CL interface as a membrane and within the CL as a thin film, result in highly complex material behavior that is highly dependent on the environmental conditions, ionomer thickness, and the material interactions, i.e., carbon, platinum, etc.  


The equivalent weight (EW) of an ionomer is the weight of the polymer required to provide one mole of exchangeable protons, i.e., it is the inverse of the ion exchange capacity (IEC). These properties are directly responsible for several of the key features of PEMs such as proton conductivity and the tendency to swell in water and shrink in low relative humidity. The membrane of PFSA ionomers are durable which increases the life span of the cells. Moreover, the PFSA ionomers exhibits the significant transport and uptake properties.  


On the application side, The PFSA Ionomeris segmented into Composites Materials, Nonwovens Adsorbent Webs, Paper and Board, Food Products and Others. PFSA Ionomerhas been used in the food industry, the medical field, commercial and industrial products, and other technical areas due its phenomenal properties. From past many years PFSA Ionomeris used as a raw material of nata de coco, a traditional sweet candy dessert of the Philippines. It is also added as a dietary fiber in many food products. PFSA Ionomeris also used as a stabilizing agent and it maintains the viscosity of the food.  


PFSA ionomer Market is expected to increase in the near future as the recent studies on PFSA ionomers have found various unique properties of it which is making it demandable in Market. The Crystallinity attribute of PFSA ionomer is the most critical attribute which governs its structural integrity and them their remarkable stability even at high degrees of swelling. PFSA ionomer has a great demand in the food packing and cosmetic industry due to its unique thermal properties and mechanisms. The population growth is also one of the major factor in growth of PFSA ionomer Market. As the population is growing, the demand of the cosmetic products is increasing which is further increasing the demand of the PFSA ionomer. Today, the hygiene factor is considered by every customer in the Market especially when it comes to the packaging of the food products. The PFSA ionomer is used in food packaging industry, so it becomes obvious that the PFSA ionomer Market will also shoot up.  


PFSA ionomer is segmented into industrial grade and technical grade. On the basis of the properties of PFSA ionomer it is categorized into two mentioned grades. On the application side, PFSA ionomer is fractioned into Golf Ball Covers, Food Packaging, Cosmetics and Medical Device Packaging. PFSA ionomers are found as nanometer-thick thin films which are used in production of golf ball covers and are highly protective. The food packaging industry has the maximum use of the PFSA ionomer as to maintain the hygiene levels, PFSA ionomers are used in the packaging of food. Moreover, it is used in cosmetic industry due to its water holding capacity and various other attributes. PFSA ionomers are used in packaging of medical device because of its thermal properties and thin film protection which it provides.  


Prominent region for the PFSA ionomer Sales Market is expected to be North America, Europe and Asia Pacific. Demand of PFSA ionomer is estimated to increase in the forecasted period due to the growth of the cosmetic and medical industry in the North America and Europe. PFSA ionomer sales Market of Asia Pacific is predicted to witness a massive growth over the forecast period due to the growth of medical and food industry. Rapid population growth and increasing investment for the development of healthcare infrastructure in countries such as, China, India and other South East Asian Countries is set to propel the PFSA ionomer Sales Market in the near future. Major Market players of PFSA ionomer Sales Market areDuPont, Dow (SK), Honeywell and Exxon Chemical Company.  


 Global PFSA Ionomer Market
 


Global PFSA Ionomer Market: Product Type

  • Industrial Grade
  • Technical Grade

Global PFSA Ionomer Market:Application

  • Golf Ball Covers
  • Food Packaging
  • Cosmetics and Medical Device Packaging

Global PFSA Ionomer Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global PFSA IonomerMarket:

  • DuPont
  • Dow (SK)
  • Honeywell
  • Asahi Kasei
  • Exxon Chemical Company
  • Asahi Glass
  • Solvay
  • Dongyue Group

Geographical analysis ofGlobal PFSA IonomerMarket:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global PFSA Ionomer MarketReport delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current Market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis


Frequently Asked Questions (FAQ)


PFSA Ionomer Market was valued at around USD 356.75 million in 2021 & estimated to reach USD 488.7488781 by 2028.




PFSA Ionomer Market is likely to grow at compounded annual growth rate (CAGR) of 4.6% between 2022 to 2028.












Yes, the report includes COVID 19 impact on the market.



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