Polytetrafluoroethylene (PTFE) Global Market Report 2023: Applications in Diverse Industries Power Growth


Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The "Polytetrafluoroethylene (PTFE): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Polytetrafluoroethylene (PTFE) Market to Reach $5.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Polytetrafluoroethylene (PTFE) estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Granular, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fine Powder segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $920.9 Million, While China is Forecast to Grow at 8.8% CAGR

The Polytetrafluoroethylene (PTFE) market in the U.S. is estimated at US$920.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$693.7 Million by the year 2030.

Select Competitors (Total 23 Featured) -

  • 3M Company
  • AGC Chemicals Americas Inc.
  • Asahi Glass Company Limited
  • Chenguang Research Institute of Chemical Industry
  • Daikin Industries Ltd.
  • Dongyue Group Limited
  • Gujarat Fluorochemicals Limited
  • HaloPolymer OJSC
  • Juhua Group Corporation
  • Saint-Gobain Performance Plastics Corporation
  • Shanghai 3F New Material Co. Ltd.
  • Solvay
  • The Chemours Company

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Report AttributeDetails
No. of Pages184
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$3.4 Billion
Forecasted Market Value (USD) by 2030$5.1 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Polytetrafluoroethylene (PTFE): A Versatile Material with Applications in Varied End-Use Industries
  • Current & Future Analysis
  • China Spearheads Growth in the PTFE Market
  • Chemical Processing Industry Leads the PTFE Market
  • Granular and Micronized Forms of PTFE
  • PTFE Production Scenario
  • Recent Market Activity
  • Positive Global Economy Buoys General Market Optimism
  • Global PTFE Trade - An Overview
  • Polytetrafluoroethylene (PTFE) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Micronized PTFE Powder Market: Applications in Diverse Industries Power Growth
  • Demand for Potable Drinking Water - A Major Growth Driver for PTFE Membranes Market
  • Hydrophobic PTFE Membranes Dominate PTFE Membranes Market
  • Riding on Industrialization and Urbanization, Asia-Pacific Leads PTFE Membranes Market
  • Polytetrafluoroethylene (PTFE) Films Market: Chemical Processing and Pharma & Medical Industries Spur Demand
  • Teflon Coatings Market Exhibits Significant Growth
  • Novel Technologies Fuel Demand for Teflon Coatings
  • Demand for Dry Film Lubricants Continues to Grow
  • Innovations Sustain PTFE Market
  • A Glance at Latest Innovations in the PTFE Space
  • PTFE Application in Renewable Energy Systems - A Promising Growth Opportunity
  • Automotive Industry: PTFE and Other Fluoropolymers Essential to Improve Performance and Durability of Components
  • Consumer Appliances: Need for Durability and Long Working Life Drives Demand for TeflonT PTFE Products
  • Thermoplastic to Improve PTFE Processing Technology
  • PTFE Market - Pricing Dynamics




For more information about this report visit https://www.researchandmarkets.com/r/hw47lp

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Global Market for Polytetrafluoroethylene (PTFE)

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