DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ckzvkv/global) has announced the addition of the "Global Polytetrafluoroethylene Coating Market by Application (Food Processing, Electrical & Electronic, Chemical Processing, Building & Construction, Others) by Geography - Analysis and Forecast to 2019" report to their offering.
Polytetrafluoroethylene (PTFE) is a compound which majorly consists of carbon and fluorine. PTFE is fabricated by Tetrafluoroethylene (TFE) process in dry form. PTFE is largely used for coating purposes, which are commonly known as Teflon and Xylan coating. These coatings provide corrosion-resistance to the product and enhance its life.
In 2014, the global demand for PTFE coating was valued at 34895.4 tons, which is expected to grow at a CAGR of 5.3% from 2014 to 2019. Rapid growth in end-user industries has proved to be major driving factor for the growth of the PTFE coatings market. In addition, the global fluoropolymer industry is growing at a rapid pace and has contributed in the growth of the global PTFE coatings market.
The revenue of the global PTFE coating market is expected to grow at a higher rate as compared to its volume as a result of the increasing prices of fluoropolymers globally. The PTFE coatings market is heavily dependent on food processing, chemical processing, and electrical & electronics sectors.
The global PTFE coating market is dominated by Asia-Pacific owing to the huge demand for coating adhesives in this region, especially from the food processing and chemical processing industry. In 2014, Asia-Pacific region consumed nearly 53% of PTFE coatings. The Asia-Pacific region is followed by Europe with 25% share of the PTFE coatings consumption, as of 2014. North America secured the third position with a consumption share of 19% of the PTFE coatings, as of 2014.
Key Topics Covered
- Research Methodology
- Executive Summary
- Market Overview
- Global PTFE Coating Market, By Application
- Global PTFE Coating Market, By Geography
- Global PTFE Coating Market: Competitive Landscape
- Global PTFE Coating Market, By Company
- 3M Company
- Asahi Glass Fluoropolymers .
- Daikin Industries
- E. I. Du Pont De Nemours And Company
- Fluorotherm Polymers
- Gujarat Fluorochemicals
- Shamrock Technologies
- Shanghai 3F New Materials
For more information visit http://www.researchandmarkets.com/research/ckzvkv/global