(PTFE) Polytetrafluoroethylene Market


Posted September 4, 2019 by MoinPatni

North America is expected to gain an impetus during the forecast period due to the burgeoning chemical industry and already well-established automotive sector

 
(PTFE) Polytetrafluoroethylene Market Overview:
The global polytetrafluoroethylene (PTFE) market is estimated to scale up to USD 7.1 Billion with a remarkable CAGR of around 12.1% during the assessment period (2018-2023), as reported by Market Research Future (MRFR).
(PTFE) Polytetrafluoroethylene Market Key Players:
The global PTFE market is driven by some of the eminent players including;
• Daikin Industries (Japan)
• The Chemours Company (U.S.)
• Asahi Glass Company (Japan)
• 3M (U.S.)
• Solvay (Belgium)
• Halopolymer (Russia)
• Solexis SA (Switzerland)
• DowDupont (U.S.)
• Hubei Everflon Polymer CO., Ltd (China)
• China Haohua Chemical Group (China)
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(PTFE) Polytetrafluoroethylene Market Regional Analysis:
Region-wise segmentation consists, North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
APAC region is leading the market in terms of revenue. The growth is expected to remain constant owing to a persistent increase in the regional chemical industry. Cheap availability of raw materials, labor, and infrastructure have made the region an ideal place for investment and many international brands are grappling for this opportunity.
Europe can experience a steady growth owing to the presence of leading manufacturers. Currently, the economic condition of the region can ensure a moderate increase.
North America is expected to gain an impetus during the forecast period due to the burgeoning chemical industry and already well-established automotive sector.
The African region is the least explored sector as the manufacturers have not found it suitable yet for the industry and it can only expect steady growth.
(PTFE) Polytetrafluoroethylene Market Segmentation:
The global polytetrafluoroethylene (PTFE) market has been segmented by form, application, and region. On the basis of form, the market has been segregated into granular/molded powder, fine powder, dispersion, and micronized powder. On the basis of application, the market has been further segregated into chemical and industrial processing, automotive, aerospace, pharmaceuticals electrical and electronics, building and construction, consumer goods, and others. Based on region, the market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
(PTFE) Polytetrafluoroethylene Market Table of Content to be Continue……...,
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
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Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
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Categories Business
Tags ptfe polytetrafluoroethylene market share
Last Updated September 4, 2019