Hexafluoropropylene (HFP) Market

By Product Type;

Less Than 99% and Less Than Or Equal To 99%

By Product Form;

Pure HFP and HFP Blends

By Application;

Fluororubber, Fluoroplastic, Heptafluoropropane, Surfactant, Pharmaceutical, Intermediates and Others

By End Use;

Plastic, Chemicals, Rubber and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn194004525 Published Date: August, 2025 Updated Date: September, 2025

Hexafluoropropylene (HFP) Market Overview

Hexafluoropropylene (HFP) Market (USD Million)

Hexafluoropropylene (HFP) Market was valued at USD 5353.26 million in the year 2024. The size of this market is expected to increase to USD 7532.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Hexafluoropropylene (HFP) Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 5353.26 Million
Market Size (2031)USD 7532.57 Million
Market ConcentrationMedium
Report Pages305
5353.26
2024
7532.57
2031

Major Players

  • Matheson
  • Unimatec Co., Ltd.
  • China Haohua Chemical Group Co., Ltd.
  • Juhua Group Corporation
  • DuPont
  • Dongyue Chemical Co., Ltd.
  • Pelchem Pty Ltd.
  • Gujarat Fluorochemicals Limited
  • NANOSHEL LLC
  • Hangzhou Ruilipu Trade Co.
  • The Chemours Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hexafluoropropylene (HFP) Market

Fragmented - Highly competitive market without dominant players



The Hexafluoropropylene (HFP) Market is witnessing strong growth as it plays a vital role in manufacturing high-performance fluoropolymers. Around 55% of HFP is consumed in polymer production due to its superior resistance to heat and chemicals. The growing preference for lightweight, durable, and efficient materials across industries is fueling its adoption in modern applications.

Industrial Applications Driving Adoption
Approximately 40% of HFP usage is directed toward copolymers that enhance coatings, seals, and membranes. These applications benefit from weather resistance, flexibility, and non-flammability, making HFP an essential choice for industries that require long-lasting and reliable materials. The increasing emphasis on performance-driven solutions continues to expand its role in industrial sectors.

Strong Presence in Electronics and Semiconductors
The electronics industry accounts for about 30% of the HFP demand due to its effectiveness in producing insulating materials with low dielectric properties. As devices become more compact and efficient, HFP-based fluoropolymers are becoming indispensable. Their ability to maintain performance in sensitive electrical environments highlights their importance in next-generation technologies.

Innovation in Sustainability Practices
Nearly 25% of research efforts in the HFP market are focused on developing eco-friendly formulations and energy-efficient production methods. Companies are investing in sustainable innovations that reduce emissions while maintaining material performance. This shift is reshaping product portfolios and aligning the market with global environmental objectives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Product Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Hexafluoropropylene (HFP) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Automotive and Aerospace Industries

        2. Rising Applications in Electronics

        3. Technological Advancements in Polymer Chemistry

      2. Restraints
        1. High Production Costs

        2. Stringent Environmental Regulations

        3. Availability of Alternatives

      3. Opportunities
        1. Expansion into Emerging Markets

        2. Development of Bio-Based Fluoropolymers

        3. Technological Innovations in Manufacturing Processes

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hexafluoropropylene (HFP) Market, By Product Type, 2021 - 2031 (USD Million)
      1. Less Than 99%
      2. Less Than Or Equal To 99%
    2. Hexafluoropropylene (HFP) Market, By Product Form, 2021 - 2031 (USD Million)

      1. Pure HFP

      2. HFP Blends

    3. Hexafluoropropylene (HFP) Market, By Application, 2021 - 2031 (USD Million)
      1. Fluororubber
      2. Fluoroplastic
      3. Heptafluoropropane
      4. Surfactant
      5. Pharmaceutical
      6. Intermediates
      7. Others
    4. Hexafluoropropylene (HFP) Market, By End Use, 2021 - 2031 (USD Million)
      1. Plastic
      2. Chemicals
      3. Rubber
      4. Others
    5. Hexafluoropropylene (HFP) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Matheson
      2. Unimatec Co., Ltd.
      3. China Haohua Chemical Group Co., Ltd.
      4. Juhua Group Corporation
      5. DuPont
      6. Dongyue Chemical Co., Ltd.
      7. Pelchem Pty Ltd.
      8. Gujarat Fluorochemicals Limited
      9. NANOSHEL LLC
      10. Hangzhou Ruilipu Trade Co.
      11. The Chemours Company
  7. Analyst Views
  8. Future Outlook of the Market