PTFE (Polytetrafluoroethylene) Market Boost with Strong CAGR | Growth Drivers, Impact Analysis & Global Opportunities by 2022

PTFE (Polytetrafluoroethylene) Market
Global PTFE market will cross USD 7.1 billion by 2022 growing at a CAGR of approximately 12.1%. The rising demand of PTFE in electrical industry for hookup wire, coaxial cables and other applications are driving this industry.

PTFE (Polytetrafluoroethylene) Market Overview to 2022

The report for Global PTFE (Polytetrafluoroethylene) Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Industry/ Innovation/ Related News:

November 2016 – Rogers Corporation a global leader in engineered material solutions, announces the acquisition of DeWAL Industries, a leading manufacturer of high performance polymer films and pressure sensitive tapes. DeWAL’s business is highly complementary to Rogers’ Elastomeric Material Solutions business enabling expansion into a close market adjacency, and increasing penetration into aerospace, electronics, and other attractive industrial verticals. This acquisation is a strong strategic fit within Rogers Corporations high performance polyurethane and silicone materials business, expanding our portfolio to include PTFE and other materials for technologically advanced applications.

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November 2015 – The B’laster Corporation announced an expanded presence in Canada by adding to their retail presence there and entering the country’s industrial market for the first time to increase their North American market share. The B’laster portfolio at Canadian Tire and Wajax includes several products formulated with Teflon™ fluoropolymer to help reduce friction and wear, enhance performance and protect surfaces. These include PB-50 Multi-Purpose Lubricant, Silicone Lubricant, Chain & Cable Lubricant and Dry Lube.

Key Players for PTFE Market:  

Some of the key players in this market are Solvay, Arkema, DuPont, 3M, Daikin America, Dyneon, Saint-Gobain Performance Plastics Corporation, W. L. Gore & Associates, Shamrock Technologies, AGC Chemicals and among others.

 Regional Analysis 

“Asia-Pacific is projected to be the largest market during the forecast period”

Geographically, Asia-Pacific is expected to be the largest market for PTFE. China is one of the largest manufacturers of PTFE which has also created a platform for the APAC countries. Along with this, the increasing demand of PTFE from India, Indonesia, and Singapore have been a major growing factors which has fueled the demand for PTFE in the regional as well as global market. Followed by this Europe is expected to be the second ruling region and North America would be on third position.

Scope of the study

The scope of the study categorizes the PTFE market as product type and application.

  • By Product type
  • Micro-powder
  • Fine-powder
  • Granular
  • By Application
  • Industrial
  • Electronics
  • Electrical
  • Transportation
  • Petrochemical & Chemical Processing
  • Food & Beverage
  • Medical & Pharmaceutical
  • Others

Polytetrafluoroethylene (PTFE) Market  – Regional Analysis

Asia Pacific region accounted largest market share in the global Polytetrafluoroethylene market and expected to dominate during the forecast period due to rapid industrialization, high demand of engineering plastics and high penetration of end user industry in the region. The unique properties of polytetrafluoroethylene such as lowest coefficient of friction among all fluoropolymer which makes it ideal in lubricious slippery material to reduce linear friction and chemical resistant to all types of acids and solvents making it 100% chemically inert are some of the factors that drive polytetrafluoroethylene in Asia Pacific Market. Asia pacific market is mainly occupied by China being largest consumer and manufacturer and exporter of polytetrafluoroethylene. Europe is the second largest market for polytetrafluoroethylene followed by North America.

Target Audience

  • Manufactures of end-use industry
  • Raw material Suppliers
  • Aftermarket suppliers
  • Research Institute / Education Institute
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

Additional Information

  • Regulatory Landscape
  • Pricing Analysis
  • Macroeconomic Indicators

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Geographic Analysis

  • Geographical analysis across 15 countries

Company Information

  • Profiling of 10 key  market players
  • In-depth analysis including SWOT analysis, and strategy  information of related to report title
  • Competitive landscape including emerging trends adopted by major companies

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