PTFE Market - Trends & Forecasts to 2018 - PowerPoint PPT Presentation

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PTFE Market - Trends & Forecasts to 2018

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  1. MarketsandMarkets Presents • PTFE Market • Trends & Forecasts to 2018

  2. Polytetrafluoroethylene is one of the dominant fluoropolymers witnessing a significant growth in the past few years, which is expected to continue in the coming years. It is mainly available in powder form like granular, fine, micronized and aqueous dispersion and is widely consumed in applications as mechanical components and as a coating material. Major end user industries served by PTFE are chemical processing, mechanical, food and household, automotive, electronics, and so on. • The demand for polytetrafluoroethylene is majorly driven by factors such as; its emerging applications in medical industry. Increasing trend of PTFE modification to make it exploitable for various other applications is also a crucial factor. Further technological innovations are expected to increase the market penetration and make it suitable for numerous other applications. The effectiveness of PTFE in traditional end industries has always been a promising factor for its growth over a long run.

  3. • Asia-Pacific is currently the largest consumer of polytetrafluoroethylene, which consumed nearly half of the total consumption in 2012 and is expected to grow at a CAGR of 8.3%. China and Japan are the leading consumers of PTFE, holding a major share in regional volumetric consumption in 2012. The PTFE market for ROW is comparatively low, but is anticipated to show the highest growth rate from 2013 to 2018.

  4. The PTFE market is growing at a CAGR of 5.1% and is expected to generate global revenue of $2,114.7 million by 2018. • Automotive industry with a CAGR of 7.7% is the fastest growing end industry consumer of PTFE owing to the distinguishing properties of the material where as the leading consumer of polytetrafluoroethylene remains the chemical processing industry and mechanical industry.

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