openPR Logo
Press release

Increasing production of cars to drive Polytetrafluoroethylene (PTFE) Market outlook

05-17-2021 07:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Polytetrafluoroethylene (PTFE) Market

Polytetrafluoroethylene (PTFE) Market

According to a Global Market Insights, Inc., analysis report, global polytetrafluoroethylene (PTFE) market size will be valued at over US$1.3 billion by 2026.

Polytetrafluoroethylene (PTFE) belongs to the fluoropolymer group and extensively utilized for its various applications in the end-user sector, including chemical processing, aerospace, automotive, electrical & electronics, and others. The material is widely utilized in the preparation of nonstick coating that is applied on the cookware surface.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4842

PTFE is utilized in the automotive sector for coating molds that are further used in fasteners, gaskets, seals, manifold design, and others. Increasing production of vehicles and growing user inclination towards electric cars across the globe will foster polytetrafluoroethylene industry share from the automotive sector.

On account of extensive research and development activities to enhance the efficiency of PTFE, the application area of the product is expected to grow in the coming years. Ongoing R&D activities include new generation sliding bearing materials, utilization of PTFE in producing next-generation plastic lined piping and fittings, and others. Such research activities expanding the application range of PTFE would augment the industry landscape to a large extent.

From the dispersion process of manufacturing, the global polytetrafluoroethylene (PTFE) market share will grow at nearly 5.2% CAGR up to 2026. This form of the material is predominantly utilized in the making of filled bearings, glass cloth coatings, metal coatings, and others. Growing utilization of cookware items in households will boost the demand for PTFE dispersion material from the end-use sector.

The unmodified segment of the polytetrafluoroethylene (PTFE) market will experience significant growth by 2026. Unmodified PTFE coating is broadly utilized in applications that require superior dielectric strength, purity, and a high degree of non-contamination. The suspension process which transforms PTFE into powder or granular form in the absence of dispersant will witness considerable growth in the upcoming years.

The polytetrafluoroethylene (PTFE) market share from the automotive and aerospace sector is projected to experience over 5% CAGR up to 2026.

The material is prominently utilized in the aerospace industry for its various application in wing edge, fuel hoses, doors protection, cable insulation, and assembling aluminum rod attached to slats and flaps, among others. Key properties of the product including low coefficient of friction, superior temperature resistance, high dielectric constant, inflammability, and others make them best suited for applications in the aerospace sector.

Request for customization @ https://www.gminsights.com/roc/4842

The North America polytetrafluoroethylene (PTFE) market is expected to hold significant market share in the forthcoming years. The presence of prominent chemical companies and a substantial output production of electrical and electronic products in the U.S. would augment the regional landscape.

Leading firms functioning in the global polytetrafluoroethylene (PTFE) market worldwide include Mitsubishi Chemicals, SABIC, Arkema, DuPont, AGC Chemicals, DAIKIN Chemicals, Honeywell, and 3M.

Surging investments in research and development to enhance product capabilities along with the incorporation of sophisticated technology to uplift production capacity will positively influence the progression of PTFE business globally.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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 Increasing production of cars to drive Polytetrafluoroethylene (PTFE) Market outlook here

News-ID: 2285179 • Views: 229

More Releases from global market insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet

All 5 Releases


More Releases for PTFE

Global Polytetrafluoroethylene (PTFE) Films Market Sizes 2019
The report represents the statistical data in the form of tables, charts, and info-graphics to assess the market, its growth and development, and market trends of the global Polytetrafluoroethylene (PTFE) Films market during the projected period.  QY Research has used a framework of primary and secondary research to make this report a full-proof one. Request Sample Report and Full Report TOC: :   https://www.qyresearch.com/sample-form/form/989845/global-polytetrafluoroethylene-ptfe-depth-research-report The following manufacturers are covered: 3M AGC Chemicals Daikin DuPont Saint-Gobain Solvay Fiberflon Gujarat Fluorochemicals HaloPolymer Trelleborg Sealing Solutions Whitford Segment
PTFE Powder Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/ptfe-powder-market/79521 PTFE Powder Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the PTFE Powder basics: definitions, classifications, applications and market overview; product specifications;
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
Innovation Benchmarking in PTFE Glass Fabric Market
PTFE glass fabric consists of PTFE resin, which is coated on the woven glass fiber. PTFE glass fabric possesses high dielectric strength and provides high resistance to wear. It also provides resistance to almost every solvent and chemical product, including acid and basic solutions. PTFE glass fabric maintains its stability, flexibility, and adhesiveness at temperatures ranging from -73°C to 260°C. It provides properties such as low coefficient of friction, dimensional
Micronized PTFE Market : Sales of virgin-sourced micronized PTFE to Reach 50,000 …
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. Micronized PTFE will witness the highest demand for application in Ink, expanding at 7.3% CAGR through 2025, in
Global PTFE Tapes Market Research Report 2016
This report studies PTFE Tapes in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering TESA Chemours 3M Seal Tape Oatey SSP Corporation Electro Tape Specialties, Inc. J.C. Whitlam Manufacturing Co. Selco TECHNETICS GROUP. RectorSeal Get Sample of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=854226&type=E Table of Contents Global PTFE Tapes Market Research Report 2016 1 PTFE Tapes Market Overview 1.1 Product Overview and Scope of PTFE