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Global Nafion Market – Overview

Nafion is a type of copolymer. It is a sulfonated tetrafluroethylene based flouropolymer. Nafion is supremely ion-conductive and it operates as a cation exchange polymer. It offers excellent chemical and thermal stabilities and provides superior mechanical strength. Another key property of nafion is that it remains quite stable even at high temperatures – at around 190° C. In addition to this, it also has comparatively higher functional temperatures with respect other organic polymers.

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Global Nafion Market – Notable Developments

Some of the key developments in the global nafion market are listed below:

  • In June 2019, SLM Solutions announced that the company has extended its cooperation agreement with Beam IT, the largest additive manufacturing service provider in Italy. This is expected to help in strengthening the current well-established product portfolio of SLM Solutions.
  • In May 2016, EOS, one of the leading suppliers in the global nafion market announced that it has introduced a new line metal materials. This new product line is expected to cater to wide range of application sectors such as automotive to healthcare.

Global Nafion Market – Drivers and Restraints

One of the biggest driving factor for the growth of the global nafion market is the developing end-use applications of the organic polymers. The demand for such organic polymers is growing at considerable rate among the end-use application industries such as ion exchange resins, waste recovery, and semiconductors among others. Moreover, the growing use of fuel cells for a wide range of applications such as direct or portable methanol fuel, transportation, and stationary power is also expected to act as a driving factor for the growth of the global nafion market.

Another important factor that is influencing the growth of the nafion market is of growing funding and investments put in by both private and public sector to address the rapidly developing concern about environment and water pollution. Such investments are expected to be put to use for the activities of research and development and help in producing more efficient products. This will ultimately help in the development of global nafion market.

A key trend that hand been observed in the global nafion market is of growing instance of collaborations of electric vehicle and fuel cell manufacturers. This is expected to generate ample business opportunities for the market player operating the global nafion market and drive the growth even further.

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Global Nafion Market – Geographical Outlook

There are five key regions of the global nafion market viz. North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Of these, the global market is dominated by the North America region. The growth of the North America market can be mainly attributed to the increased expenditure on the development of the infrastructure and also due to the growing demand for nafion-based paints from the construction industry. The demand for nafion-based paints is high due to its capacity to easily bond numerous thin-layered coatings together with no or minimum blisters. Moreover, it also acts as a protective layer that covers the wall from extreme weather conditions. Such benefits are thus driving the growth of the nafion market in North America region.

On the other hand, the nafion market in Asia Pacific region is expected to grow at decent CAGR over the given forecast period. The growing demand for nafion from emerging economies such as China and India is one of the biggest driving factor for the growth of the regional segment. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Nafion Market

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