TMR_Research_Reports_2017 Polytetrafluoroethylene Market 2024 | Page 3

Polytetrafluoroethylene Market market. Besides this, the world PTFE market could gain a telling impetus from factors such as changing food habits, easy lifestyle creating a willingness amongst consumers to shell out more on PTFE products because of their excellent properties, and urbanization. With an increase in the number of applications on account of the advancement in the cookware industry, more opportunities have been foreseen to take shape in the world PTFE market. Employed in low-cost applications, polyethylene could be substituted by PTFE due to its superior dielectric properties which make it a quintessential insulation material for cable and connector assemblies. Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=305 Unstable Characteristic of Raw Material Prices Hampers Demand Wobbly prices of raw materials such as hydrogen fluoride derived from calcium fluorite a.k.a. fluorspar have been predicted to create obstacles in the international PTFE market. In order to cement the dominance of China, the gove rnment has enforced some tight export restrictions. This has created a demand and supply gap in the international PTFE market. Strict laws pertaining to the use of perfluorooctanoic acid (PFOA) could play an antagonistic role in the international PTFE market. Notwithstanding the fact that PFOA is not engaged by PTFE, there could be some traces which have been projected to slow down the demand in the international PTFE market. However, owing to the aforementioned properties of PTFE, its frequency of application could experience an upward growth trend as more countries worldwide upgrade current grids to smart grid systems. This has been forecasted to bode well for the international PTFE market. Furthermore, the application of PTFE in the automobile industry is extremely valuable as it is employed as a lining material for manufacturing important car components such as airbrakes, hydraulic systems, and hoses. Moreover, the manufacture of lightweight vehicles has elevated tellingly on account of their high performance and fuel-efficiency advantages. All of these factors could create lucrative opportunities in the international PTFE market. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/global- polytetrafluoroethylene-ptfe-industry.htm Transparency Market Research 3