Chemicals and Materials Polytetrafluoroethylene (PTFE) – A Global Market
MARKET RESEARCH REPORTS TO DEFINE THE RIGHT STRATEGY
AND EXECUTE THROUGH TO THE SUCCESS
Polytetrafluoroethylene (PTFE) – A Global Market Overview
The report reviews, analyzes and projects the global market for Polytetrafluoroethylene (PTFE) for the
period 2012-2022
Published: Apr 2016
Report Code: CP045
Pages: 342
Charts: 244
Price: $4500 Single User License, $7200 Enterprise License
SUMMARY
Polytetrafluoroethylene (PTFE), a homopolymer of tetrafluoroethylene,
is a linear chain polymer of great molecular length, or a “long chain”
fluorocarbon, with the chemical formula (CF2CF2)n. PTFE resins have
exceptional resistance to high temperatures, chemical reaction,
corrosion, and stress-cracking. The mechanical toughness, electrical,
and low-friction properties of PTFE make it the plastic of choice for a
host of applications and different processing techniques.
PTFE’s vast potential applications in developing world such as China,
India, Russia and other emerging countries is a key opportunity for
PTFE manufacturers, that would be converted into market demand by
new product and application development. Increasing use of novel
products like modified PTFE and expanded PTFE in applications such
as chemical processing, electrical & electronics, medical devices and
filtration is set to increase the global demand for PTFE in the coming
years. Micronized PTFE is estimated to be the fastest growing product
form owing to the increasing usage in applications including
thermoplastics, lubricants and inks.
Global market for Polytetrafluoroethylene (PTFE) has reached 165
thousand metric tons in 2015 and is projected to reach 247 thousand
metric tons by 2022 at a CAGR of 5.6% between 2016 and 2022. In
regard to the market value, global demand for PTFE is projected to
touch US$2.9 billion by 2022. Accounting for a share estimated at
53% and equating to 87.4 thousand metric tons in 2015, Asia-Pacific is
the leading global consumer of PTFE, which is also likely to post the
fastest 2016-2022 CAGR of 7.3%. The chemical processing sector
leads the global volume consumption of PTFE with an estimated 50.9
thousand metric tons (30.9% share). In terms of growth, the volume
market for PTFE in the automotive & transportation sector is likely to
post the fastest 2016-2022 CAGR of 6.9% and reach a projected 34.1
thousand metric tons by 2022.
Worldwide market for PTFE product forms explored in this study
includes Granular PTFE, PTFE Fine Powders, PTFE Micronized Powders
and PTFE Aqueous Dispersions. The report also analyzes the key end-
use sectors of PTFE comprising Chemical Processing, Electricals &
Electronics, Mechanical/Industrial, Automotive & Transportation,
Page 1
Building & Construction and Other Sectors including such as Medical
and Textiles etc. The global markets for the above mentioned product
forms, end-use sectors are analyzed in terms of volume in metric tons
and value in USD.
The report reviews, analyses and projects the Polytetrafluoroethylene
(PTFE) market for the period 2012-2022 globally and the regional
markets including North America, Europe, Asia-Pacific and Rest of
World. The regional markets further analyzed for 12 independent
countries across North America – The United States, Canada and
Mexico; Europe – France, Germany, Italy, Russia and the United
Kingdom; and Asia-Pacific – China, Japan, India and South Korea.
This 342 page global market research report includes 244 charts
(includes a data table and graphical representation for each chart),
supported with meaningful and easy to understand graphical
presentation, of market numbers. This report profiles 12 key global
players and 25 major players across North America – 3; Europe – 5;
and Asia-Pacific – 17. The research also provides the listing of the
companies engaged in manufacturing, processing and compounding
of PTFE. The global list of companies covers the address, contact
numbers and the website addresses of 108 companies.
Global Polytetrafluoroethylene (PTFE) Market Analysis (2012-2022) in
Value (USD Million)
2012
2017
2022
Click here to buy the report