DUBLIN--(BUSINESS WIRE)--The "Polytetrafluoroethylene (PTFE) Market by Form, End-Use Industry, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The PTFE market is estimated to be USD 1.97 billion in 2017 and is projected to reach USD 2.66 billion by 2022, at a CAGR of 6.1% from 2017 to 2022. Exceptional properties of PTFE, increasing demand for high-performance polymers, high-growth end-use industries, and demand for PTFE in emerging countries are driving the PTFE market.
Electronics & electrical is the fastest-growing end-use industry of the PTFE market. Exceptional properties of PTFE such as thermal stability, chemical inertness, temperature resistance, and insulation properties make it suitable in this end-use industry. PTFE is majorly used in high-growth electronics & electrical applications such as wire coating, cable coating, fiber optics, and insulation applications.
Granular PTFE is the most widely used form of PTFE, as it is preferred due to its low price. Also, the technology required for the production of granular PTFE is less complicated and has a lower manufacturing cost. It is used in various applications such as gaskets, films, coatings, impregnation, and insulation.
The PTFE market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Economic growth, the growth of manufacturing industries, cheap labor, increasing foreign investments and expanding application area of PTFE in chemical & industrial processing and electronics industries are expected to fuel the growth of the PTFE market. Countries such as China, Japan, and South Korea, which are the major hubs for the production of electronic components, are expected to witness significant market growth in Asia Pacific.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 PTFE Market, By Form
7 PTFE Market, By End-Use Industry
8 PTFE Market, By Region
9 Competitive Landscape
10 Company Profiles
- Asahi Glass Company
- Chenguang Research Institute of Chemical Industry
- Dupont-Mitsui Fluorochemicals
- Gujarat Fluorochemicals
- Hubei Everflon Polymer
- Jiangsu Meilan Chemical
- Micro Powders
- Shamrock Technologies
- Shanghai 3F New Materials Company
- Zhejiang Juhua
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