QYR Market Research Global PTFE tapes industry analysis | Page 4

QYResearch
• There are major four classification of PTFE tapes in this report: Low Density,
Standard Density, Medium Density and High Density. Globally, the production value
share of each type of PTFE tapes is 15.99%, 25.39%, 24.10% and 34.52% in 2016.
• PTFE tapes are used for aerospace, appliance, automotive, chemical, electronic and
electrical, plumbing and pipe and others. Plumbing and pipe has the largest market
share, about 28.51% in 2016.
• Significant and lasting barriers make entry into this market difficult. These barriers
include, but are not limited to: (i) product development costs; (ii) capital
requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v)
Transitions’ unfair methods of competition.
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