Polytetrafluoroethylene Market Rising Use in Cookware and Automotive Industries | Page 3

Polytetrafluoroethylene Market
The global PTFE market is majorly gaining from the increasing demand for non-stick coatings in the
cookware market. Urbanizations, increasing willingness to spend on products making lifestyle easier,
and changing food habits will provide significant impetus. Furthermore, the cookware industry is
prophesized to expand further in the coming years, thereby creating lucrative prospects for increased
PTFE applications.
In addition, PTFE’s excellent dielectric properties make it an ideal insulation materials for connector
and cable assemblies. Hence PTFE is also used as a substitute for polyethylene, which has a low
melting point and is used in low cost applications. As countries around the world upgrade existing
grids by upgrading them to smart grids, the use of PTFE will rise on account of its aforementioned
properties. Spurred by this, the global PTFE market will exhibit strong growth during the forecast
period.
Request For Sample Of Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=305
Besides this, the market will gain from the extensive use of PTFE in the automotive industry. In the
last few years, globally the manufacturing of lightweight vehicles has significantly increased in order
to pro