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Opportunities in the Polytetrafluoroethylene (Ptfe) Market: Growth Trends, Forecast and Competitive Analysis

September 2021 | 169 pages | ID: OF17C1D52632EN
Lucintel

US$ 4,850.00

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The future of the global polytetrafluoroethylene market is attractive with opportunities in various end use industries, including industrial processing, electrical and electronics, automotive, construction, and healthcare industry. The global polytetrafluoroethylene market is declined in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $3.8 billion by 2026 with a CAGR of 4.9% from 2021 to 2026. The major drivers for growth in this market are increasing demand in the industrial maintenance sector particularly due to the chemical and oil resistance properties of polytetrafluoroethylene.

Emerging trends, which have a direct impact on the dynamics of the industry, include rising demand for polytetrafluoroethylene resin in new application areas, wiring insulation, and sealants. Chemours, Solvay, Daikin, Gujrat Fluorochemicals, 3M, and Dyneon are among the major suppliers of the polytetrafluoroethylene market.

A total of 131 figures / charts and 106 tables are provided in this 169-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the Polytetrafluoroethylene market report, please download the report brochure.

The study includes trends and forecast for the global polytetrafluoroethylene market by end use industry, form, application, and region as follows:

By End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
  • Industrial processing
  • Electrical and Electronics
  • Automotive
  • Construction
  • Healthcare
  • Others
By Product Form [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
  • Granular Resin
  • Fine Powder
  • Aqueous Dispersion
  • Micronized Powder
By Application [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
  • Micronized Powder Form by Application
  • Granular Form by Application
  • Fine Powder Form by Application
  • Aqueous Dispersion Form by Application
By Region [Volume (Million Pounds) and $M shipment analysis for 2015 – 2026]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
In this market, granular resins, fine powders, aqueous dispersion, and micronized powders are the major polytetrafluoroethylene forms used in different end use industries. Lucintel forecast that micronized powder will remain the largest segment by value and volume and will experience the highest growth over the forecast period because of non-adhesiveness, low friction, non-stick nature, resistance to chemicals, heat, shock, and moisture, high dielectric quality properties.

Within the global polytetrafluoroethylene market, industrial processing will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to increasing demand for polytetrafluoroethylene based plastic products in chemical processing equipment.

Asia Pacific (APAC) is expected to remain the largest region by value and volume and ROW is expected to experience the highest growth over the forecast period due to growth in end use industries.

Some of the major polytetrafluoroethylene manufacturers profiled in this report include Chemours, Solvay, Daikin, Gujrat Fluorochemicals, 3M and Dyneon.

Features of the Global Polytetrafluoroethylene Market
  • Market Size Estimates: Polytetrafluoroethylene market size estimation in terms of value ($M) shipment and volume (M lbs) shipment
  • Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Polytetrafluoroethylene market size by various segments, such as end use industry, form, application, and regions in terms of value and volume
  • Regional Analysis: Polytetrafluoroethylene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different end use industries, form, application, and regions for the polytetrafluoroethylene market.
  • Strategic Analysis: This includes M&A, new product development, capacity expansion, certificate and licensing and competitive landscape for the polytetrafluoroethylene market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global polytetrafluoroethylene market by product type (granular resins, fine powders, aqueous dispersion, and micronized powders), end use industry (industrial processing, electrical and electronics, automotive, construction, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the Polytetrafluoroethylene market?
Q.5 What are the business risks and threats to the Polytetrafluoroethylene market?
Q.6 What are the emerging trends in this Polytetrafluoroethylene market and the reasons behind them?
Q.7 What are some changing demands of customers in the Polytetrafluoroethylene market?
Q.8 What are the new developments in the Polytetrafluoroethylene market? Which companies are leading these developments?
Q.9 Who are the major players in the Polytetrafluoroethylene market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the Polytetrafluoroethylene market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the Polytetrafluoroethylene market?
1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2015 TO 2026

3.1: Macroeconomic Trends and Forecast
3.2: Global PTFE Market Trends and Forecast
3.3: Global PTFE Market by End Use Industry
  3.3.1: Industrial Processing
  3.3.2: Electrical and Electronics
  3.3.3: Automotive
  3.3.4: Construction
  3.3.5: Healthcare
  3.3.6: Others
3.4: Global PTFE Market by Form
3.5: Global PTFE Form Market by Application
  3.5.1: Micronized Powder Form by Application
  3.5.2: Granular Form by Application
  3.5.3: Fine Powder Form by Application
  3.5.4: Aqueous Dispersion Form by Application

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global PTFE Market by Region
4.2: North American PTFE Market
  4.2.1: Market by Form: Micronized Powder, Granular, Fine Powder, and Aqueous Dispersion
4.3: European PTFE Market
  4.3.1: Market by Form: Micronized Powder, Granular, Fine Powder and Aqueous Dispersion
4.4: APAC PTFE Market
  4.4.1: Market by Form: Micronized Powder, Granular, Fine Powder, and Aqueous Dispersion
4.5: ROW PTFE Market
  4.5.1: Market by Form: Micronized Powder, Granular, Fine Powder and Aqueous Dispersion

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global PTFE Market by Form
  6.1.2: Growth Opportunities for the Global PTFE Market by End Use Industry
  6.1.3: Growth Opportunities for the Global PTFE Market by Region
6.2: Emerging Trends in the Global PTFE Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global PTFE Market
  6.3.3: Mergers, Acquisitions and Joint Ventures in the Global PTFE Market
  6.3.4: Certification and Licensing
  6.3.5: Technology Development

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Daikin
7.2: Gujarat Fluorochemicals Limited
7.3: 3M Dyneon
7.4: Chemours (Dupont)
7.5: Hindustan Fluorocarbons Limited
7.6: Asahi Glass Corporation
7.7: Kureha Corporation
7.8: Halopolymer OJSC
7.9: SOLVAY Solexis S.P.A
7.10: Dongyue Federation


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