LONDON--(BUSINESS WIRE)--By 2017 it is anticipated that global polytetrafluoroethylene (PTFE) demand will be in excess of 240 thousand tons, according to a new report available on companiesandmarkets.com. PTFE is the most popular fluoropolymer available, holding a 60% market share, and is more commonly known as Teflon – invented by DuPont. New applications, processing technologies and emerging market demand are bringing about robust PFTE market growth.
Polytetrafluoroethylene (PTFE): A Global Strategic Business Report
Polytetrafluoroethylene’s distinct properties (e.g., non-reactive, non-stick, low friction, tolerant of a wide range of temperatures, chemical resistance and inflammable, amongst others), allow it to be used in a variety of challenging applications. PTFE comes in several forms, examined within the report: Granular, Fine Powder and Dispersion.
It is possible to structurally modify polytetrafluoroethylene by processing it as a thermoplastic, which has allowed for the development of new designs and shapes. Innovation by PTFE manufacturers will open up the market significantly.
The following PTFE end use markets are examined within the study: Transportation, Chemical Processing, Electrical & Electronics, Textiles, Medical, Cookware, Compression Packing, Filtration, Armour-Piercing Bullets and Others.
The largest geographical market for PTFE is Asia-Pacific, boosted by the dominance of China in terms of both PTFE production and PTFE consumption. The country has established new plant facilities and improved existing operations to improve efficiencies.
To leverage complimentary knowledge and skills, several PTFE companies have entered into partnership and distribution agreements, such as those between Dyneon and Arkema, and Dynon and SDPM.
The PTFE research piece, published in August 2011 is over 200 pages in length, and provides the reader with a detailed understanding of the PTFE market. Included within the report is historical and forecast data for the period 2003-2017, as well as discussion around the competitive landscape, trends, barriers/drivers, innovations and key players
Thirty-four polytetrafluoroethylene companies are profiled within the report: Solvay Solexis S.p.A, E. I. du Pont de Nemours and Company, Dyneon LLC, Daikin America, Inc., Daikin Industries Ltd., Saint-Gobain Performance Plastics Corporation, Compagnie De Saint-Gobain and AGC Chemicals Americas, Inc.