Polytetrafluoroethylene (PTFE) – A Global Market Overview

Polytetrafluoroethylene (PTFE) – A Global Market Overview

Report Synopsis
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 CAGR of 5.8% in reaching a projected 155 thousand metric tons by 2026. Overall market for PTFE is expected to surpass 200k metric tons valued at US$2.6 billion in 2022.

Research Findings & Coverage
• Global PTFE market is analyzed in this report with respect to product forms and end-use sectors
• The study exclusively analyzes the market sizing of each product form and end-use sector of PTFE by major geographic region/country
• 5G Communication Technology Boosts Demand for PTFE
• Medical Device Industry Fueling Demand for PTFE and Other Fluoropolymers
• Demand for PTFE to Gain Further Momentum from Products with Improved Properties
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 28
• The industry guide includes the contact details for 200 companies

Product Outline
The report analyzes the market for the following product forms of PTFE:
• Granular PTFE
• PTFE Fine Powders
• PTFE Micronized Powders
• PTFE Aqueous Dispersions

Major end-use sectors market of PTFE examined in this report includes the following:
• Automotive & Transportation
• Electrical & Electronics
• Building & Construction
• Chemical Processing
• Industrial/Mechanical
• Others

Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global PTFE market for the period 2017-2026 in terms of market volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2021 through 2026 with a special focus on pandemic impact during 2019-2020

Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, Russia, The United Kingdom and other countries)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• Rest of World (South America and Middle East & Africa)