Press release
Growing demand for packaging inks in the Asia Pacific region driving the global micronized PTFE market
Virgin-sourced PTFE will Remain Dominant in the Global Micronized PTFE Market
Virgin-sourced micronized PTFE is expected to remain dominant in the global market, in terms of volume. Sales of virgin-sourced micronized PTFE will reach nearly 50,000 MT by 2025-end. Demand for recycled-sourced micronized PTFE will remain sluggish in the market during the forecast period, owing to its limited usability, inferior quality, and environmental issues.
Request Report TOC @ https://www.persistencemarketresearch.com/methodology/4855
Micronized PTFE will witness the highest demand for application in Ink, expanding at 7.3% CAGR through 2025, in terms of volume. In addition, coatings will be the second largest application for micronized PTFE by 2025-end. Sales of micronized PTFE in lubricant & grease application will exhibit the lowest CAGR through 2025.
Pharmaceutical & Medical Industry will Continue to be the Largest End-User of Micronized PTFE
Pharmaceutical & medical industry will continue to be the largest end-user of micronized PTFE in the global market. In addition, sales of micronized PTFE in pharmaceutical & medical and electronics sector will witness parallel expansion at 6.9% CAGR. However, revenue from sales of micronized PTFE in electronics industry will remain comparative lower than pharmaceutical & medical industry.
In terms of volume, Asia Pacific (APAC) will remain the largest market for micronized PTFE, with sales pegged to surpass 20,000 MT by 2025-end. Emerging economies in APAC are driving global demand for flexible packaging, thereby fostering demand for micronized PTFE. In addition, various construction projects are being undertaken in APAC, which in turn will fuel demand for micronized PTFE in this region.
Western fluoropolymer producers are entering into partnership with APAC manufacturers who possess technological capabilities and produce high-purity fluorinated monomers. For example, Shanghai 3F New Materials has made a Joint Venture with DuPont in the recent past, for operation of fluorochemicals. These factors are further expected to drive growth of the global micronized PTFE market in APAC.
Request for sample report: https://www.persistencemarketresearch.com/samples/4855
Micronized PTFE Manufacturers in Europe are focusing on Integrating Cutting-edge Technologies & Generating Value Addition
Europe will remain the second largest market for micronized PTFE, with sales expanding at 5.8% CAGR through 2025. Growth of Europe’s major sectors including packaging & textile, construction, automotive, electronics, maritime, aerospace, energy generation, and healthcare are expected to affect numerous important micronized PTFE end-users significantly in this region. Manufacturers are compelled in differentiating their products, owing to rapid growth of technology in the region. The manufacturers are focusing on integrating cutting-edge technologies and generating value addition to micronized PTFE quality, on the back of recent application developments across various end-use industries. This will further drive the market growth in Europe.
Production and operation facilities of micronized PTFE in Europe are subject to extensive environmental health and safety laws & regulations. This is expected to incur increased costs for manufacturers, for complying with new regulatory requirements. This is estimated to curb the market growth of micronized PTFE in Europe.
Leading market players identified in PMR’s report include 3M Company, Chemours Company, Daikin Industries, Ltd., Gujrat Fluorochemicals Ltd, Maflon S.p.a, Micro Powder, Inc, Shamrock Technologies, Solvay S.A., China Based Players, JiangXi Aidmer Seal & Packing Co., Ltd, Shanghai 3F New Materials Co., Ltd.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growing demand for packaging inks in the Asia Pacific region driving the global micronized PTFE market here
News-ID: 1511763 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for PTFE
PTFE Molded Tubes Market Bright Horizons: Positive Market Indicators Revealed | …
"This comprehensive PTFE Molded Tubes report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when…
PTFE Moulded Rods Market Regional Riches: Promising Territories for 2024 Enterpr …
"This comprehensive PTFE Moulded Rods report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when…
PTFE Molded Tubes Market Bright Horizons: Positive Market Indicators Revealed | …
"This comprehensive PTFE Molded Tubes report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when…
PTFE Moulded Rods Market Regional Riches: Promising Territories for 2024 Enterpr …
"This comprehensive PTFE Moulded Rods report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when…
PTFE Fabric Market Report 2018: Segmentation by Type (PTFE Coated Fabric, Nonwov …
Global PTFE Fabric market research report provides company profile for Taconic (US), FIBERFLON (Turkey), Saint-Gobain Performance Plastics (France), W. L. Gore & Associates, Inc. (US), Chukoh Chemical Industries (Japan), Daikin Industries (Japan), Sefar AG (Switzerland) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth…
PTFE Membrane Market Analysis Report By Key Companies- Saint-Gobain, Gore, Donal …
The Report published on UpMarketResearch.com about “PTFE Membrane Market” is spread across 126 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists and studies the leading competitors, also provides the insights with strategic industry Analysis of the key factors influencing the market
PTFE Membrane Market Research Report is a professional and in-depth study…
