Polytetrafluoroethylene (PTFE) Global Market Report 2023: Applications In Diverse Industries Power Growth

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Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The 'polytetrafluoroethylene (ptfe): global strategic business report' report has been added to ResearchAndMarkets.com's offering.
Global Polytetrafluoroethylene (PTFE) Market to Reach $5.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Polytetrafluoroethylene (PTFE) estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Granular, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fine Powder segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $920.9 Million, While China is Forecast to Grow at 8.8% CAGR
The Polytetrafluoroethylene (PTFE) market in the U.S. is estimated at US$920.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$693.7 Million by the year 2030.
Select Competitors (Total 23 Featured) -

• 3M Company
• AGC Chemicals Americas Inc.
• Asahi Glass Company Limited
• Chenguang Research Institute of Chemical Industry
• Daikin Industries Ltd.
• Dongyue Group Limited
• Gujarat Fluorochemicals Limited
• HaloPolymer OJSC
• Juhua Group Corporation
• Saint-Gobain Performance Plastics Corporation
• Shanghai 3F New Material Co. Ltd.
• Solvay
• The Chemours Company

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Report Attribute	Details
No. of Pages	184
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$3.4 Billion
Forecasted Market Value (USD) by 2030	$5.1 Billion
Compound Annual Growth Rate	5.2%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Polytetrafluoroethylene (PTFE): A Versatile Material with Applications in Varied End-Use Industries
• Current & Future Analysis
• China Spearheads Growth in the PTFE Market
• Chemical Processing Industry Leads the PTFE Market
• Granular and Micronized Forms of PTFE
• PTFE Production Scenario
• Recent Market Activity
• Positive Global Economy Buoys General Market Optimism
• Global PTFE Trade - An Overview
• Polytetrafluoroethylene (PTFE) - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Micronized PTFE Powder Market: Applications in Diverse Industries Power Growth
• Demand for Potable Drinking Water - A Major Growth Driver for PTFE Membranes Market
• Hydrophobic PTFE Membranes Dominate PTFE Membranes Market
• Riding on Industrialization and Urbanization, Asia-Pacific Leads PTFE Membranes Market
• Polytetrafluoroethylene (PTFE) Films Market: Chemical Processing and Pharma & Medical Industries Spur Demand
• Teflon Coatings Market Exhibits Significant Growth
• Novel Technologies Fuel Demand for Teflon Coatings
• Demand for Dry Film Lubricants Continues to Grow
• Innovations Sustain PTFE Market
• A Glance at Latest Innovations in the PTFE Space
• PTFE Application in Renewable Energy Systems - A Promising Growth Opportunity
• Automotive Industry: PTFE and Other Fluoropolymers Essential to Improve Performance and Durability of Components
• Consumer Appliances: Need for Durability and Long Working Life Drives Demand for TeflonT PTFE Products
• Thermoplastic to Improve PTFE Processing Technology
• PTFE Market - Pricing Dynamics

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

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Attachment

• global market for polytetrafluoroethylene (ptfe)

Global Market for Polytetrafluoroethylene (PTFE) Global Market for Polytetrafluoroethylene (PTFE) Tags engineering plastics polytetrafluoroethylene ptfe thermoplastics

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