PTFE Fabric Market - Global Industry Analysis 2016 - 2024

PTFE fabric, a water based dispersed coating, is used for coating flexible woven and non-woven materials such as glass fiber cloth, woven wire, and aramid fabrics. PTFE fabric materials are self-lubricating, non-stick, non-flammable, friction-free, and non-brittle. They are chemically inert and can withstand temperature from -73oC to 232oC; hence, these can be used under various atmospheric conditions. PTFE fabrics are employed in various end-use industries such as construction, packaging, chemical, and textile. These fabrics are used as self-cleaning material in the building & construction industry.

PTFE fabrics are employed as non-sticky pan liners in cooking vessels. They are also used in gaskets, seals, and bearings for chemicals, oils, gases, hot platens, chutes, hoppers, and troughs. Furthermore, PTFE fabrics are employed in protective curtains to seek protection from paint spraying and bottle washing, and laboratory aprons to seek protection from acid. They are also used in food packaging. PTFE fabrics are employed as baking mats and as proofing trays in the textile industry. They are used as lining material for piping compensators, and as coating for transport rolls in the chemical industry.

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Based on type, the PTFE fabric market has been segmented into glass fiber fabric and glass mesh fabric. Demand for glass fiber fabric is expected to rise at a significant pace as it offers properties such as excellent water resistance, alkali resistance, softness, and resistance to aging. PTFE glass fiber fabric possesses excellent tensile strength and flex life. It is widely used in natural marble, plaster board, reinforcing walls, artificial stone materials, and exterior insulation finishing systems. These features are driving the market for PTFE fabric.

Growth in end-user industries such as building & construction is anticipated to boost the demand for PTFE fabric during the forecast period. Increase in consumption of PTFE in the form of industrial goods such as tubes, pipe & line fittings, and rods, in emerging economies of Asia Pacific and Latin America is estimated to propel the demand for PTFE fabric in the near future. Furthermore, demand for residential buildings in China and India, two of the largest economies in Asia Pacific, has risen exponentially. This is projected to augment the demand for PTFE fabric in the next few years. PTFE fabric is widely used in the construction sector due to its ability to withstand extreme weather and environmental conditions. However, implementation of stringent environmental legislations and fluctuation in prices of raw materials may hamper market growth.

Geographically the market for PTFE fabric has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Currently, Asia Pacific is the leading market for PTFE fabric, followed by Europe and North America. China and India are likely to account for the major share of the PTFE fabric market in Asia Pacific during the forecast period primarily due to the presence of large number of end-user industries such as construction, chemical, food, packaging, and textile in the region. Japan, Malaysia, Indonesia, South Korea, Australia, and New Zealand are other key consumers of PTFE fabric in Asia Pacific. The PTFE fabric market in Europe and North America is saturated; it is anticipated to expand at a low to moderate pace during the forecast period. France, Germany, and the U.K. are the major consumers of PTFE fabric in Europe. Technological advancement and new product launches are estimated to boost the demand for PTFE fabric in the region during the forecast period

Key players operating in the PTFE fabric market include Saint-Gobain Performance Plastics Corporation, Urja Fabrics, Fiberflon GmbH & Co. KG , Daikin industries Ltd, Birdair Inc, W.L. Gore & Associates Inc, and Fothergill Group.

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