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Polytetrafluoroethylene (PTFE) Market Report: Trends, Forecast and Competitive Analysis

Polytetrafluoroethylene (PTFE) Market Report: Trends, Forecast and Competitive Analysis

  • January 2018
  • 208 pages
  • ID: 5308395
  • Format: PDF
  • By Lucintel

Summary

Table of Contents

Trends, opportunities and forecast in polytetrafluoroethylene market to 2023 by form type (micronized powder, granular, fine powder and aqueous dispersion), application (ink and coatings, plastics, grease and lubricants and others), end use industry (industrial processing, electrical and electronics, automotive, construction, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

The future of the global Polytetrafluoroethylene (PTFE) market is positive with opportunities in various end use industries, including industrial processing, electrical and electronics, automotive, construction, and healthcare. The global polytetrafluoroethylene PTFE market is expected to reach an estimated $3.2 billion by 2023 and it is forecast to grow at a CAGR of 5.9% from 2018 to 2023. The major driver for growth in this market is increasing demand for high performance polymers in industrial processing, automotive, electrical and electronics industries due to PTFE’s superior properties such as non-adhesiveness, low friction, non-stick, high dielectric, and chemical resistance.

Emerging trends that have a direct impact on the dynamics of the PTFE industry include the emergence of recycling of TFE monomers for PTFE, and emerging new applications such as medical implants, wiring insulation and sealants.

PTFE Market TrendsPTFE Market Forecast
Global PTFE Market by Region

The study includes the market size and forecast for the global polytetrafluoroethylene PTFE market through 2023, segmented by end use industry, form type, application, and region as follows:

PTFE Market by Product Form (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
Micronized Powder Granular Fine Powder Aqueous Dispersion

PTFE Market by End Use Industry (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
Industrial processing Electrical and Electronics Automotive Construction Healthcare Others

PTFE Market by Application (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
Ink and Coatings Plastics Grease and Lubricants Others

PTFE Market by Region (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
North America Europe Asia Pacific Rest of the World
Polytetrafluoroethylene PTFE companies profiled in this report include Chemours, Daikin Industries Ltd, 3M (Dyneon), Solvay and Dongyue Federation are among the major polytetrafluoroethylene suppliers.

On the basis of its comprehensive research, The analyst forecasts that industrial processing will remain the largest segment by value and volume and will experience the highest growth over the forecast period supported by increasing demand of PTFE for corrosion resistant equipment in chemical processing plants.

Micronized powder, granular, fine powder, and aqueous dispersion are the major product foam used in different end use industries. Micronized powder is expected to be the largest PTFE form by value and volume and will experience the highest growth over the forecast period because of its wear resistance, lubricity, and flame retardant properties.

Asia Pacific (APAC) is expected to remain the largest region by value and volume, and is also expected to experience the highest growth over the forecast period due to growth in end use industries.

Some of the features of “Polytetrafluoroethylene (PTFE) Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global polytetrafluoroethylene (PTFE) market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments and region.
Segmentation analysis: Global polytetrafluoroethylene (PTFE) market size by various applications such as product form type, end use industry, and application in terms of value and volume shipment.
Regional analysis: Global polytetrafluoroethylene (PTFE) market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of polytetrafluoroethylene (PTFE) in the global polytetrafluoroethylene (PTFE) market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of polytetrafluoroethylene (PTFE) in the global polytetrafluoroethylene (PTFE) market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global PTFE market by form type (micronized powder, granular, fine powder and aqueous dispersion), application (ink and coatings, plastics, grease and lubricants and others), end use industry (industrial processing, electrical and electronics, automotive, construction, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the polytetrafluoroethylene (PTFE) market?
Q.5 What are the business risks and threats to the polytetrafluoroethylene (PTFE) market?
Q.6 What are emerging trends in this polytetrafluoroethylene (PTFE) market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the polytetrafluoroethylene (PTFE) market?
Q.8 What are the new developments in the polytetrafluoroethylene (PTFE) market? Which companies are leading these developments?
Q.9 Who are the major players in this polytetrafluoroethylene (PTFE) market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this polytetrafluoroethylene (PTFE) area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this polytetrafluoroethylene (PTFE) market?

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