TMR_Research_Reports_2017 Polytetrafluoroethylene Market 2024 | Seite 2

Polytetrafluoroethylene Market
REPORT
Polytetrafluoroethylene Market - Global Industry Analysis Size Share
Growth Trends and Forecast 2016 – 2024
The global polytetrafluoroethylene (PTFE) market has been anticipated by Transparency
Market Research (TMR) to bring large-scale vendors to the fore while bearing a highly
concentrated nature. Although limited in number, small and medium-sized manufacturers
could look to parade their presence in the global PTFE market. Leading companies Asahi
Glass Co., Ltd., The Chemours Company, Daikin Industries, Solvay, and 3M are evaluated to
have taken possession of a more than 62.0% cumulative share in the global PTFE market in
2015.
With a view to secure a commanding position in the global PTFE market, most players have
been prophesied to considerably concentrate on strategies such as new product
development, exploration of new regions, and expansion of current manufacturing sites. As a
result, players exhibiting dominance in the global PTFE market could hold an extensive
regional footprint as a common aspect. Companies penetrating untapped regions of the
global PTFE market have been envisaged to welcome significant sales prospects, which
could be an ineluctable contribution toward their individual growth.
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http://www.transparencymarketresearch.com/polytetrafluoroethylene-ptfe-
market.html
The revenue valuation of the global PTFE market which stood at a US$3.48 bn in 2015 has
been foretold to be improved to US$5.18 bn by 2024 at a 4.6% CAGR for the forecast period
2016–2024. In 2015, micro powder held a larger share of well above 30.0% in the global
PTFE market. Expected to showcase an unwavering lead in the global PTFE market until the
final forecast year, Asia Pacific was a clear winner in 2015 holding an over 44.0% share in its
account.
Developments in Cookware Sector Birth Ample Applications
The ballooning demand for non-stick coatings in the cookware industry has been envisioned
to offer some profit-making business opportunities for companies operating in the world PTFE
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