Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc. unveiled the updated 2022 version of the market research report " Polytetrafluoroethylene (PTFE) – A Global Market Overview ". Granular PTFE dominates the global volume consumption of PTFE, with an estimated share of about 45% of total PTFE consumed in 2021 while Micronized Powder PTFE is projected to grow faster during the period 2021-2026 closely followed by Fine Powder PTFE. Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of coronavirus pandemic, global market for Polytetrafluoroethylene (PTFE) has declined by 5.1% year-over-year (YOY) in 2020 compared to 2019. Recovering from the pandemic impact, global market for Polytetrafluoroethylene (PTFE) is projected to reach 250 thousand metric tons by 2026 at a CAGR of 5% between 2021 and 2026. Asia-Pacific is the world’s largest volume market for PTFE , accounting for an estimated 59.6% share in 2021, which is also likely to record the fastest 2021-2026...

Industry Experts has today released the new market research report on Polytetrafluoroethylene. The new report ‘Polytetrafluoroethylene (PTFE) – A Global Market Overview’ reveals that Asia-Pacific is estimated to be the largest market with an estimated 2016 consumption of 94k metric tons and the region also projected to be the fastest growing between 2016 and 20222 with a CAGR of 7.3%. The growth of global PTFE demand is mainly attributed to the developing regions such as China, India, rest of Asia and Russia among others, and new innovative products such as micronized powders, modified PTFE and expanded PTFE which will find new applications or replace conventional PTFE in existing applications owing to their improved properties. Polytetrafluoroethylene (PTFE), a homopolymer of tetrafluoroethylene, is a linear chain polymer of great molecular length, or a “long chain” fluorocarbon, with the chemical formula (CF2CF2)n. PTFE resins have exceptional resistance to high temperat...