Dec 23, 2020   SOURCE: BusinessWire

Global Polytetrafluoroethylene Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

The "Polytetrafluoroethylene (PTFE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global polytetrafluoroethylene market reached a value of $2.34 Billion in 2019. Looking forward, the publisher expects the market to reach a value of $3.05 Billion by 2025, exhibiting a CAGR of 4.5% during 2020-2025.

Polytetrafluoroethylene (PTFE) refers to a tough, waxy and non-flammable synthetic resin that consists of carbon and fluorine atoms. It is manufactured through the free-radical polymerization process of chloroform, fluorspar and hydrochloric acid. PTFE is usually used to give a non-stick coating to surfaces, especially cookware, such as pans and baking trays and industrial products. It is commonly available in granular, powder and micronized forms and exhibits various physical properties, including resistance to chemicals, heat, ultraviolet (UV) rays and fatigue, along with low water absorption and high electrical insulation. Owing to these benefits, it finds extensive applications across various industries, including oil and gas, chemical processing, electrical, automotive and construction.

Significant growth in the chemical and industrial processing sectors is one of the key factors driving the growth of the market. PTFE is extensively utilized to manufacture industrial products, such as gaskets, vessel linings, pump interiors, rings, seals and well-drilling equipment. Furthermore, PTFE is also used for improving the overall functioning and minimizing the downtime of these machines and automotive components, thereby enhancing its utilization across industries. In line with this, PTFE also finds applications in the oil and gas exploratory activities, owing to its high resistance to harsh chemicals, acids and caustic.

The growing medical industry across the globe is acting as another growth-inducing factor. There is an increasing preference among medical practitioners for various membranes and grafts manufactured using biocompatible PTFE for cardiovascular, orthopaedic, ophthalmic and dental procedures. This, along with the development of reprocessed PTFE with higher compressive strength and durability, is projected to drive the market further in the coming years.

Companies Mentioned

  • AGC Inc.
  • Zhonghao Chenguang Research Institute
  • Daikin Industries Ltd.
  • Dongyue Group
  • Gujarat Fluorochemicals Limited
  • Halopolymer OJSC
  • Jiangsu Meilan Chemical Co. Ltd
  • Shanghai 3F New Material Co. Ltd
  • Solvay SA
  • The 3M Company
  • The Chemours Company
  • Zhejiang Juhua Co. Ltd

Key Questions Answered in this Report:

  • How has the global polytetrafluoroethylene market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global polytetrafluoroethylene market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Polytetrafluoroethylene Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Forecast

6 Market Breakup by Form

6.1 Granular

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Micro Powder

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Fine Powder

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Others

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Breakup by Type

7.1 Virgin PTFE

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Stainless Steel Filled PTFE

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Carbon Filled PTFE

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Bronze Filled PTFE

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Glass Filled PTFE

7.5.1 Market Trends

7.5.2 Market Forecast

7.6 Others

7.6.1 Market Trends

7.6.2 Market Forecast

8 Market Breakup by Application

8.1 Sheet

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Coatings

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Pipes

8.3.1 Market Trends

8.3.2 Market Forecast

8.4 Films

8.4.1 Market Trends

8.4.2 Market Forecast

8.5 Others

8.5.1 Market Trends

8.5.2 Market Forecast

9 Market Breakup by End-Use Industry

9.1 Industrial & Chemical Processing

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Electrical & Electronics

9.2.1 Market Trends

9.2.2 Market Forecast

9.3 Automotive

9.3.1 Market Trends

9.3.2 Market Forecast

9.4 Others

9.4.1 Market Trends

9.4.2 Market Forecast

10 Market Breakup by Region

10.1 North America

10.2 Asia Pacific

10.3 Europe

10.4 Latin America

10.5 Middle East and Africa

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Indicators

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/smca5p