Polytetrafluoroethylene accounts for the major share of fluoropolymer market. PTFE is the linear homopolymer of TFE with a repeat unit and is made by polymerizing TFE in water using free radical initiators. Basically, PTFE resin is manufactured by two types of polymerization; suspension polymerization and emulsion polymerization; and on the basis of polymerization technique, various forms of PTFE are produced. It is majorly produced in three forms: Granular/Molded Powder, Fine Powder, and Aqueous Dispersion.

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Polytetrafluoroethylene is also made available in micro powder form which is known as PTFE micronized powders. Depending on the characteristics required by end applications, these grades are further processed into semi finished products and finished products; used for coating; used as Filled PTFE or are used as additives for inks, paints, cosmetics etc.

The polytetrafluoroethylene market is experiencing huge growth which is expected to continue in the near future, majorly driven by the highly growing Asia-Pacific region and intense focus towards industrial expansions. A significant amount of investments are made by various market players in order to be prepared to serve the high potential ones in future. Asia-Pacific is the major PTFE market, which accounted for nearly half of the total global demand in 2012. The region is further expected to show quite a high growth in future, mainly due to high growth potential of the Chinese market.