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PUBLISHER: IMARC | PRODUCT CODE: 1519494
PUBLISHER: IMARC | PRODUCT CODE: 1519494
Polytetrafluoroethylene Market Report by Form, Type, Application, End-Use Industry, and Region 2024-2032
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PAGES: 144 Pages
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The global polytetrafluoroethylene (PTFE) market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.
Polytetrafluoroethylene (PTFE) refers to a tough, waxy and non-flammable synthetic resin that consists of carbon and fluorine atoms. It is manufactured through the free-radical polymerization process of chloroform, fluorspar and hydrochloric acid. PTFE is usually used to give a non-stick coating to surfaces, especially cookware, such as pans and baking trays and industrial products. It is commonly available in granular, powder and micronized forms and exhibits various physical properties, including resistance to chemicals, heat, ultraviolet (UV) rays and fatigue, along with low water absorption and high electrical insulation. Owing to these benefits, it finds extensive applications across various industries, including oil and gas, chemical processing, electrical, automotive and construction.
Significant growth in the chemical and industrial processing sectors is one of the key factors driving the growth of the market. PTFE is extensively utilized to manufacture industrial products, such as gaskets, vessel linings, pump interiors, rings, seals and well-drilling equipment. Furthermore, PTFE is also used for improving the overall functioning and minimizing the downtime of these machines and automotive components, thereby enhancing its utilization across industries. In line with this, PTFE also finds applications in the oil and gas exploratory activities, owing to its high resistance to harsh chemicals, acids and caustic. The growing medical industry across the globe is acting as another growth-inducing factor. There is an increasing preference among medical practitioners for various membranes and grafts manufactured using biocompatible PTFE for cardiovascular, orthopaedic, ophthalmic and dental procedures. This, along with the development of reprocessed PTFE with higher compressive strength and durability, is projected to drive the market further in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polytetrafluoroethylene (PTFE) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on form, type, application and end-use industry.
Breakup by Form:
Granular
Micro Powder
Fine Powder
Others
Breakup by Type:
Virgin PTFE
Stainless Steel Filled PTFE
Carbon Filled PTFE
Bronze Filled PTFE
Glass Filled PTFE
Others
Breakup by Application:
Sheet
Coatings
Pipes
Films
Others
Breakup by End-Use Industry:
Industrial & Chemical Processing
Electrical & Electronics
Automotive
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AGC Inc., Zhonghao Chenguang Research Institute, Daikin Industries Ltd., Dongyue Group, Gujarat Fluorochemicals Limited, Halopolymer OJSC, Jiangsu Meilan Chemical Co. Ltd, Shanghai 3F New Material Co. Ltd, Solvay SA, The 3M Company, The Chemours Company, Zhejiang Juhua Co. Ltd, etc.
Key Questions Answered in This Report:
- How has the global polytetrafluoroethylene market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global polytetrafluoroethylene market?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polytetrafluoroethylene market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112024A173
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Polytetrafluoroethylene Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Form
- 6.1 Granular
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Micro Powder
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Fine Powder
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Type
- 7.1 Virgin PTFE
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Stainless Steel Filled PTFE
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Carbon Filled PTFE
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Bronze Filled PTFE
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Glass Filled PTFE
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Application
- 8.1 Sheet
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Coatings
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Pipes
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Films
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by End-Use Industry
- 9.1 Industrial & Chemical Processing
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Electrical & Electronics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Automotive
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 AGC INC
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Zhonghao Chenguang Research Institute
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Daikin Industries Ltd.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Dongyue Group
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Gujarat Fluorochemicals Ltd.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Halopolymer OJSC
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Jiangsu Meilan Chemical Co. Ltd
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Shanghai 3F New Material Co. Ltd
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Solvay SA
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 The 3M Company
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 The Chemours Company
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.12 Zhejiang Juhua Co. Ltd
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.1 AGC INC
Product Code: SR112024A173
List of Figures
- Figure 1: Global: Polytetrafluoroethylene Market: Major Drivers and Challenges
- Figure 2: Global: Polytetrafluoroethylene Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Polytetrafluoroethylene Market: Breakup by Form (in %), 2023
- Figure 4: Global: Polytetrafluoroethylene Market: Breakup by Type (in %), 2023
- Figure 5: Global: Polytetrafluoroethylene Market: Breakup by Application (in %), 2023
- Figure 6: Global: Polytetrafluoroethylene Market: Breakup by End-Use Industry (in %), 2023
- Figure 7: Global: Polytetrafluoroethylene Market: Breakup by Region (in %), 2023
- Figure 8: Global: Polytetrafluoroethylene Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Polytetrafluoroethylene (Granular) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Polytetrafluoroethylene (Granular) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Polytetrafluoroethylene (Micro Powder) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Polytetrafluoroethylene (Micro Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Polytetrafluoroethylene (Fine Powder) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Polytetrafluoroethylene (Fine Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Polytetrafluoroethylene (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Polytetrafluoroethylene (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Polytetrafluoroethylene (Virgin PTFE) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Polytetrafluoroethylene (Virgin PTFE) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Polytetrafluoroethylene (Stainless Steel Filled PTFE) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Polytetrafluoroethylene (Stainless Steel Filled PTFE) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Polytetrafluoroethylene (Carbon Filled PTFE) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Polytetrafluoroethylene (Carbon Filled PTFE) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Polytetrafluoroethylene (Bronze Filled PTFE) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Polytetrafluoroethylene (Bronze Filled PTFE) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Polytetrafluoroethylene (Glass Filled PTFE) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Polytetrafluoroethylene (Glass Filled PTFE) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Polytetrafluoroethylene (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Polytetrafluoroethylene (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Polytetrafluoroethylene (Sheet) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Polytetrafluoroethylene (Sheet) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Polytetrafluoroethylene (Coatings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Polytetrafluoroethylene (Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Polytetrafluoroethylene (Pipes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Polytetrafluoroethylene (Pipes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Polytetrafluoroethylene (Films) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Polytetrafluoroethylene (Films) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Polytetrafluoroethylene (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Polytetrafluoroethylene (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Polytetrafluoroethylene (Industrial & Chemical Processing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Polytetrafluoroethylene (Industrial & Chemical Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Polytetrafluoroethylene (Electrical & Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Polytetrafluoroethylene (Electrical & Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Global: Polytetrafluoroethylene (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Global: Polytetrafluoroethylene (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Global: Polytetrafluoroethylene (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Global: Polytetrafluoroethylene (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: North America: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: North America: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United States: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United States: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Canada: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Canada: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Asia Pacific: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Asia Pacific: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: China: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: China: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Japan: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Japan: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: India: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: India: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: South Korea: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: South Korea: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Australia: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Australia: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Indonesia: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Indonesia: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Others: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Others: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Europe: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Europe: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Germany: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Germany: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: France: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: France: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: United Kingdom: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: United Kingdom: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Italy: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Italy: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Spain: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Spain: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Russia: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Russia: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Others: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Others: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Latin America: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Latin America: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Brazil: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Brazil: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Mexico: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Mexico: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 91: Others: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 92: Others: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Middle East and Africa: Polytetrafluoroethylene Market: Sales Value (in Million US$), 2018 & 2023
- Figure 94: Middle East and Africa: Polytetrafluoroethylene Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 95: Global: Polytetrafluoroethylene Industry: SWOT Analysis
- Figure 96: Global: Polytetrafluoroethylene Industry: Value Chain Analysis
- Figure 97: Global: Polytetrafluoroethylene Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Polytetrafluoroethylene Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Polytetrafluoroethylene Market Forecast: Breakup by Form (in Million US$), 2024-2032
- Table 3: Global: Polytetrafluoroethylene Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 4: Global: Polytetrafluoroethylene Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Polytetrafluoroethylene Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
- Table 6: Global: Polytetrafluoroethylene Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Polytetrafluoroethylene Market: Competitive Structure
- Table 8: Global: Polytetrafluoroethylene Market: Key Players
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