Dublin, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Polytetrafluoroethylene (PTFE) - A Global Market Overview" report to their offering.
Global demand for PTFE is projected to touch US$2.9 billion by 2022.
Global market for Polytetrafluoroethylene (PTFE) has reached 165 thousand metric tons in 2015 and is projected to reach 247 thousand metric tons by 2022 at a CAGR of 5.6% between 2016 and 2022. Accounting for a share estimated at 53% and equating to 87.4 thousand metric tons in 2015, Asia-Pacific is the leading global consumer of PTFE, which is also likely to post the fastest 2016-2022 CAGR of 7.3%.
PTFE's vast potential applications in developing world such as China, India, Russia and other emerging countries is a key opportunity for PTFE manufacturers, that would be converted into market demand by new product and application development. Increasing use of novel products like modified PTFE and expanded PTFE in applications such as chemical processing, electrical & electronics, medical devices and filtration is set to increase the global demand for PTFE in the coming years. Micronized PTFE is estimated to be the fastest growing product form owing to the increasing usage in applications including thermoplastics, lubricants and inks.
Worldwide market for PTFE product forms explored in this study includes Granular PTFE, PTFE Fine Powders, PTFE Micronized Powders and PTFE Aqueous Dispersions. The report also analyzes the key end-use sectors of PTFE comprising Chemical Processing, Electricals & Electronics, Mechanical/Industrial, Automotive & Transportation, Building & Construction and Other Sectors including such as Medical and Textiles etc. The global markets for the above mentioned product forms, end-use sectors are analyzed in terms of volume in metric tons and value in USD.
The chemical processing sector leads the global volume consumption of PTFE with an estimated 50.9 thousand metric tons (30.9% share). In terms of growth, the volume market for PTFE in the automotive & transportation sector is likely to post the fastest 2016-2022 CAGR of 6.9% and reach a projected 34.1 thousand metric tons by 2022.
The report reviews, analyses and projects the Polytetrafluoroethylene (PTFE) market for the period 2012-2022 globally and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 12 independent countries across North America - The United States, Canada and Mexico; Europe - France, Germany, Italy, Russia and the United Kingdom; and Asia-Pacific - China, Japan, India and South Korea.
Key Topics Covered:
Part A: Global Market Perspective
1. Introduction
1.1 Product Outline
1.1.1 What is Polytetrafluoroethylene (PTFE)?
1.1.1.1 A Brief Introduction to Fluoropolymers
1.1.2 Chemical Structure of PTFE
1.1.3 Properties of PTFE
1.1.3.1 Thermal Properties of PTFE
1.1.3.2 Chemical Properties of PTFE
1.1.3.3 Mechanical Properties of PTFE
1.1.3.4 Electrical Properties of PTFE
1.1.4 PTFE Manufacturing Processes
1.1.4.1 Synthesis of Tetrafluoroethylene
1.1.4.2 Production of Polytetrafluoroethylene (PTFE)
1.1.4.2.1 Granular PTFE Resins
1.1.4.2.2 Fine Powder PTFE Resins
1.1.4.2.3 PTFE Aqueous Dispersions
1.1.4.2.4 PTFE Micronized Powders
1.1.4.2.5 Modified PTFE
1.1.4.2.6 Filled PTFE Resins
1.1.4.2.7 Expanded PTFE
1.1.5 PTFE Processing Methods
1.1.5.1 Granular PTFE
1.1.5.1.1 Preforming
1.1.5.1.2 Sintering
1.1.5.2 Fine Powder PTFE
1.1.5.3 PTFE Aqueous Dispersions
1.1.5.4 PTFE Micronized Powders
1.1.6 PTFE Forms and Applications
1.1.6.1 Applications of Granular PTFE
1.1.6.2 Applications of PTFE Fine Powders
1.1.6.3 Applications of PTFE Aqueous Dispersions
1.1.6.4 Applications of PTFE Micronized Powders
2. Global Ptfe Market Snapshot
2.1 PTFE Product Forms Market - A Snapshot
2.1.1 Granular Polytetrafluoroethylene (PTFE)
2.1.2 Polytetrafluoroethylene (PTFE) Fine Powders
2.1.3 Polytetrafluoroethylene (PTFE) Micronized Powders
2.1.4 Polytetrafluoroethylene (PTFE) Aqueous Dispersions
2.2 End-use Sectors Market - A Snapshot
2.2.1 Chemical Processing Sector
2.2.2 Electricals & Electronics Sector
2.2.3 Mechanical/Industrial Sector
2.2.4 Automotive & Transportation Sector
2.2.5 Construction Sector
2.2.6 Other Sectors
3. Key Market Trends
3.1 Medical Device Industry Fuelling Demand for PTFE and Other Fluoropolymers
3.2 Demand for PTFE to Gain Further Momentum from Products with Improved Properties
4. Industry Landscape
4.1 PTFE Production Capacities
4.2 Key Global Players
- 3M Company
- Asahi Glass Co Ltd
- Daikin Industries Ltd
- Dongyue Group Limited
- Gujarat Fluorochemicals Limited
- Halopolymer Ojsc
- Jiangsu Meilan Chemical Co Ltd
- Shanghai 3F New Material Co Ltd
- Solvay SA
- The Chemours Company
- Zhejiang Juhua Co Ltd
- Zhonghao Chenguang Research Institute Chemical Industry
5. Key Business & Product Trends
- 3M Dyneon Compound NST 1111R Launched
- The Chemours Company Spun Off from DuPont
- EU Intends to Ban PFOA
- Shanghai 3F New Materials' PTFE Capacity Expanded
- AGC FluoroCompounds Group Inaugurates Pilot Plant
- DuPont Fluoropolymer Solutions Consolidates Chinese Operations
- 3M Introduces 3M Dyneon PTFE Dispersion TF 5035GZ without APEO and APFO
- New PTFE Compounding Technology from Dyneon
- Solvay and Shanghai 3F in Collaboration
- HaloPolymer's Fluoroplastics Meet European Food Industry's Regulations
- Shandong Dongyue Polymer Material Co Ltd Acquires Shandong HuaxiaShenzhou New material Co Ltd
- HaloPolymer Joins SPI
- DuPont Teflon® Fluoropolymer Foam Resin FFR 880 Launched
- Dyneon Receives Funds from German Federal Environment Ministry
6. Global Market Overview
6.1 Global Polytetrafluoroethylene (PTFE) Market Overview by Product Form
6.1.1 Global Polytetrafluoroethylene (PTFE) Product Form Market Overview by Global Region
6.1.1.1 Granular PTFE
6.1.1.2 PTFE Fine Powders
6.1.1.3 PTFE Micronized Powders
6.1.1.4 PTFE Aqueous Dispersions
6.2 Global Polytetrafluoroethylene (PTFE) Market Overview by End-use Sector
6.2.1 Global Polytetrafluoroethylene (PTFE) End-use Sector Market Overview by Global Region
6.2.1.1 Chemical Processing Sector
6.2.1.2 Electricals & Electronics Sector
6.2.1.3 Mechanical/Industrial Sector
6.2.1.4 Automotive & Transportation Sector
6.2.1.5 Construction Sector
6.2.1.6 Other Sectors
Companies Mentioned
- 3M Company
- Asahi Glass Co Ltd
- Daikin Industries Ltd
- Dongyue Group Limited
- Gujarat Fluorochemicals Limited
- Halopolymer Ojsc
- Jiangsu Meilan Chemical Co Ltd
- Shanghai 3F New Material Co Ltd
- Solvay SA
- The Chemours Company
- Zhejiang Juhua Co Ltd
- Zhonghao Chenguang Research Institute Chemical Industry
For more information visit http://www.researchandmarkets.com/research/37p6wn/polytetrafluoroeth