Press release
Expanded Polytetrafluoroethylene Market: Competitive Dynamics & Global Outlook 2023
Expanded Polytetrafluoroethylene is a sealing agent that is made of 100-percent pure PTFE. The expansion process produces a microporous fibrous structure which gives the product its unique mechanical properties. The material is specially targeted for sealing flange joints in pipelines and hydraulic and pneumatic systems.
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Global Expanded Polytetrafluoroethylene Market: Forecast by Type / Application / Region
In 2016, the global Expanded Polytetrafluoroethylene market is led by North America, capturing about 42.22% of global Expanded Polytetrafluoroethylene production. Europe is the second-largest region-wise market with 36.04% global production share.
Expanded Polytetrafluoroethylene is mainly consumed in Europe and North America. North America is the largest consumption region, with a consumption amount of 579.2 MT in 2016. Europe and Japan were second and third large consumption areas.
Over the next five years, LPI(LP Information) projects that Expanded Polytetrafluoroethylene will register a 3.5% CAGR in terms of revenue, reach US$ 720 million by 2023, from US$ 610 million in 2017.
Global Expanded Polytetrafluoroethylene Market: Key Players
GORE
Guarnitex
GE Energy
Saint-Gobain
KWO, Donaldson
Zhejiang Jiari
Ningbo ChangQi, Sumitomo
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Related Information:
United States Expanded Polytetrafluoroethylene Market Research Report 2018
Europe Expanded Polytetrafluoroethylene Market Research Report 2018
North America Expanded Polytetrafluoroethylene Market Research Report 2018
Asia-Pacific Expanded Polytetrafluoroethylene Market Research Report 2018
China Expanded Polytetrafluoroethylene Market Research Report 2018
EMEA Expanded Polytetrafluoroethylene Market Research Report 2018
Global Expanded Polytetrafluoroethylene Market Research Report 2018
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