+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2017-04-04Number of Pages: 140

Polytetrafluoroethylene (PTFE) Market (Product - Granular, Fine Powder, Micro Powder, Dispersions, and Liquids; Application - Industrial and Chemical Processing, Automotive, Electricals, Electronics, Cookware, Building & Construction, and Medical) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Global Polytetrafluoroethylene (PTFE) Market: Snapshot

Polytetrafluoroethylene (PTFE) is a fluoropolymer formed by the polymerization of monomer tetrafluoroethylene (TFE) in presence of an initiator. It is found in numerous product types ranging from flexible foam to elastomers and from rigid foams to solid compositions. Its unique features include extreme chemical inertness, excellent heat resistance, optimum dielectric properties, and low frictional coefficient. PTFE is also combined with other materials such as glass fibers, carbon, and graphite to improve its mechanical properties. It is a synthetic high molecular weight fluorocarbon comprising entirely of carbon and fluorine atoms. Additionally, PTFE is well known as Teflon, a registered brand of DuPont often used in cookware.

The global market for PTFE is highly concentrated dominated by a handful of players. Their plans and policies have considerable impact on the overall market. The global PTFE market is primarily gaining from the increasing demand for non-stick cookware. The expansion of the cookware industry will therefore pave way for the success of market players. Besides this, the rising application of PTFE in the automotive sector will boost the market in the coming years.

However, dwindling raw material prices could limit the scope for expansion. Nevertheless, the presence of untapped opportunities across developing regions, besides innovative strategies adopted by the leading players to gain pace will aid growth in the coming years. Between 2016 and 2024, the global PTFE market is forecast to exhibit a CAGR of 4.6%. At this pace, the market will reach US$5.18 bn by the end of 2024, from US$3.48 bn in 2015.

polytetrafluoroethylene market

Micro Powder PTFE to Continue Dominating Global PTFE Market

PTFE is commercially available in granular, fine powder, micro powder and other form. Of these, micro powder PTFE, which also led the overall market with a share of 30.8% in 2015, is a low molecular weight micronized particle and used as additives in polymers, inks, paints, coatings and grease. Over the course of the forecast period, the micro powder PTFE segment is likely to continue as the market lead. Granular PTFE emerged as the second-leading product segment in the market in the same year. It is generally used for the manufacturing of semi-finished parts such as sheets, rods, billets, cubes. Fine powder PTFE is paste extruded powder, which is generally used for the manufacturing tapes, tubes, rods and wire coatings. Other products include dispersions, and liquids. Dispersion PTFE is used as an aqueous dispersion for coatings. Major manufacturers in PTFE market manufactures granular PTFE and this segment is likely to offer lucrative opportunity during the forecast period.

Growth in Chemical Industry to Seal Asia Pacific’s Dominance as Leading PTFE Market

In terms of revenue, Asia Pacific held the dominant 44.3% of the global PTFE market in 2015, followed by Europe and North America. Dominance of Asia Pacific is likely to remain constant on account of the persistent growth witnessed in the region’s chemical industry. In North America, chemical and industrial processing along with automotive will emerge as the leading application segments. Over the next few years, the demand for PTFE is expected to rise in the U.S. giving impetus to the North America PTFE market.

Meanwhile, the presence of leading players will steer growth in the Europe market for PTFE. Contrary to this, the Middle East & Africa will offer limited opportunities for growth, as the region is yet to be explored by the leading manufacturers.

Some of the leading manufacturers of PTFE catering to industry-specific applications are The Chemours Company, Daikin Industries, Ltd., 3M, Solvay, and Asahi Glass Co., Ltd. Manufacturers across the globe is trying to increase their market share through loyalty schemes, and competitive pricing.  

Chapter 01 Preface
1.1 Report Scope and Market Segmentation 
1.2 Research Highlights

Chapter 02 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology

Chapter 03 Executive Summary
3.1 PTFE Market: Market Size, by Value (US$ Mn), by Region

Chapter 04 Market Overview
4.1 Product Overview
4.2 Key Industry Developments
4.3 Market Indicators

Chapter 05 Market Dynamics
5.1 Drivers
5.2 Restraints
5.3 Opportunity Analysis
5.4 Opportunity
5.5 PTFE Market: Global Demand Supply Scenario 
5.6 Global PTFE Market Analysis and Forecast 
5.7 Porter’s Analysis 
5.8 Value Chain Analysis 

Chapter 06 PTFE Market Analysis, by Type
6.1 Key Findings
6.2 Introduction 
6.3 PTFE Market Value Share Analysis, by Type
6.4 PTFE Market Forecast, by Type
6.5 PTFE Market Analysis, by Type
6.6 Type Comparison Matrix
6.7 PTFE Market Attractiveness Analysis, by Type

Chapter 07 PTFE Market Analysis, by Application
7.1 Key Findings
7.2 Introduction
7.3 PTFE Market Value Share Analysis, by Application
7.4 PTFE Market Forecast, by Application
7.5 PTFE Market Analysis, by Application 
7.6 Applications Comparison Matrix
7.7 PTFE Market Attractiveness Analysis, by Application

Chapter 08 PTFE Analysis, by Region
8.1 Global Regulatory Scenario
8.2 PTFE Market Value Share Analysis, by Region
8.3 PTFE Market Forecast, by Region
8.4 PTFE Market Attractiveness Analysis, by Region

Chapter 9 North America PTFE Market Analysis
9.1 Key Findings
9.2 North America PTFE Market Overview
9.3 North America PTFE Market Value Share Analysis, by Type
9.4 North America PTFE Market Forecast, by Type
9.5 North America PTFE Market Value Share Analysis, by Application
9.6 North America PTFE Market Forecast, by Application
9.7 North America Market Value Share Analysis, by Country
9.8 North America Market Forecast, by Country
9.9 North America Market Attractiveness Analysis

Chapter 10 Europe PTFE Market Analysis
10.1 Key Findings
10.2 Europe PTFE Market Overview
10.3 Europe PTFE Market Value Share Analysis, by Type
10.4 Europe PTFE Market Forecast, by Type
10.5 Europe PTFE Market Value Share Analysis, by Application
10.6 Europe PTFE Market Forecast, by Application
10.7 Europe Market Value Share Analysis, by Country
10.8 Europe Market Forecast, by Country
10.9 Europe Market Attractiveness Analysis

Chapter 11 Asia Pacific PTFE Market Analysis
11.1 Key Findings
11.2 Asia Pacific PTFE Market Overview
11.3 Asia Pacific PTFE Market Value Share Analysis, by Type
11.4 Asia Pacific PTFE Market Forecast, by Type
11.5 Asia Pacific PTFE Market Value Share Analysis, by Application
11.6 Asia Pacific PTFE Market Forecast, by Application
11.7 Asia Pacific Market Value Share Analysis, by Country
11.8 Asia Pacific Market Forecast, by Country
11.9 Asia Pacific Market Attractiveness Analysis

Chapter 12 Latin America PTFE Market Analysis
12.1 Key Findings
12.2 Latin America PTFE Market Overview
12.3 Latin America PTFE Market Value Share Analysis, by Type
12.4 Latin America PTFE Market Forecast, by Type
12.5 Latin America PTFE Market Value Share Analysis, by Application
12.6 Latin America PTFE Market Forecast, by Application
12.7 Latin America Market Value Share Analysis, by Country
12.8 Latin America Market Forecast, by Country
12.9 Latin America Market Attractiveness Analysis

Chapter 13 MEA PTFE Market Analysis
13.1 Key Findings
13.2 MEA PTFE Market Overview
13.3 MEA PTFE Market Forecast, by Type
13.4 MEA PTFE Market Forecast, by Type
13.5 MEA PTFE Market Value Share Analysis, by Application
13.6 MEA PTFE Market Forecast, by Application
13.7 MEA Market Value Share Analysis, by Country
13.8 MEA Market Forecast, by Country
13.9 MEA Market Attractiveness Analysis

Chapter 14 Competition Landscape
14.1 PTFE Market Share Analysis by Company (2015)
14.2 Competition Matrix
14.3 Company Profiles
       14.3.1 3M
               14.3.1.1 Company Details
               14.3.1.2 Company Description
               14.3.1.3 Business Overview
               14.3.1.4 SWOT Analysis
               14.3.1.5 Strategic Overview
       14.3.2 Solvay
               14.3.2.1 Company Details
               14.3.2.2 Company Description
               14.3.2.3 Business Overview
               14.3.2.4 SWOT Analysis
               14.3.2.5 Strategic Overview
       14.3.3 Gujarat Fluorochemicals Limited
               14.3.3.1 Company Details
               14.3.3.2 Company Description
               14.3.3.3 Business Overview
               14.3.3.4 SWOT Analysis
               14.3.3.5 Strategic Overview
       14.3.4 DAIKIN INDUSTRIES, Ltd.
               14.3.4.1 Company Details
               14.3.4.2 Company Description
               14.3.4.3 Business Overview
               14.3.4.4 SWOT Analysis
               14.3.4.5 Strategic Overview
       14.3.5 The Chemours Company
               14.3.5.1 Company Details
               14.3.5.2 Company Description
               14.3.5.3 Business Overview
               14.3.5.4 SWOT Analysis
               14.3.5.5 Strategic Overview
       14.3.6 Saint-Gobain Performance Plastics Corporation
               14.3.6.1 Company Details
               14.3.6.2 Company Description
               14.3.6.3 Business Overview
               14.3.6.4 SWOT Analysis
               14.3.6.5 Strategic Overview
       14.3.7 Asahi Glass Co., Ltd.
               14.3.7.1 Company Details
               14.3.7.2 Company Description
               14.3.7.3 Business Overview
               14.3.7.4 SWOT Analysis
               14.3.7.5 Strategic Overview
       14.3.8 HaloPolymer OJSC
               14.3.8.1 Company Details
               14.3.8.2 Company Description
               14.3.8.3 Business Overview
       14.3.9 Shamrock Technologies
               14.3.9.1 Company Details
               14.3.9.2 Company Description
               14.3.9.3 Business Overview
       14.3.10 Micro Powders, Inc.
               14.3.10.1 Company Details
               14.3.10.2 Company Description
               14.3.10.3 Business Overview
       14.3.11 Reprolon Texas
               14.3.11.1 Company Details
               14.3.11.2 Company Description
               14.3.11.3 Business Overview

List of Figures

Figure 1 Global PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 2 PTFE Market Average Price (US$/Kilo Ton), 2015–2024
Figure 3 PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 4 PTFE Market Attractiveness Analysis, by Type
Figure 5 PTFE Market Value Share Analysis, by Application, 2015 and 2024
Figure 6 PTFE Market Attractiveness Analysis, by Application
Figure 7 PTFE Market Value Share Analysis, by Region, 2015 and 2024
Figure 8 PTFE Market Attractiveness Analysis, by Region 
Figure 9 North America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 10 North America PTFE Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 11 North America Market Attractiveness Analysis, by Country
Figure 12 North America PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 13 North America PTFE, Market Value Share Analysis, by Application, 2015 and 2024
Figure 14 North America Market Value Share Analysis, by Country, 2015 and 2024
Figure 15 North America PTFE Market Attractiveness Analysis, by Type
Figure 16 North America PTFE Market Attractiveness Analysis, by Application
Figure 17 Europe PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 18 Europe PTFE Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 19 Europe Market Attractiveness Analysis, by Country and Sub-region
Figure 20 Europe PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 21 Europe PTFE Market Value Share Analysis, by Application, 2015 and 2024
Figure 22 Europe Market Value Share Analysis, by Country and Sub-region, 2015 and 2024
Figure 23 Europe PTFE Market Attractiveness Analysis, by Product Type
Figure 24 Europe PTFE Market Attractiveness Analysis, by Application
Figure 25 Asia Pacific PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 26 Asia Pacific PTFE Market Size and Volume, Y-o-Y Growth Projection, 2015–2024
Figure 27 Asia Pacific Market Attractiveness Analysis, by Country and Sub-region
Figure 28 Asia Pacific PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 29 Asia Pacific PTFE Market Value Share Analysis, by Application, 2015 and 2024
Figure 30 Asia Pacific Market Value Share Analysis, by Country and Sub-region, 2015 and 2024
Figure 31 Asia Pacific PTFE Market Attractiveness Analysis, by Product
Figure 32 Asia Pacific PTFE Market Attractiveness Analysis, by Application
Figure 33 Latin America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 34 Latin America PTFE Market Size and Volume, Y-o-Y Growth Projection, 2015–2024
Figure 35 Latin America PTFE Market Attractiveness Analysis, by Country and Sub-region
Figure 36 Latin America PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 37 Latin America PTFE Market Value Share Analysis, by Application, 2015 and 2024
Figure 38 Latin America PTFE Market Value Share Analysis, by Country and Sub-region, 2015 and 2024
Figure 39 Latin America PTFE Market Attractiveness Analysis, by Product Type
Figure 40 Latin America PTFE Market Attractiveness Analysis, by Application
Figure 41 Middle East & Africa PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 42 Middle East & Africa PTFE Market Size and Volume, Y-o-Y Growth Projection, 2015–2024
Figure 43 Middle East & Africa PTFE Market Attractiveness Analysis, by Country
Figure 44 Middle East & Africa (MEA) PTFE Market Value Share Analysis, by Type, 2015 and 2024
Figure 45 Middle East & Africa (MEA) PTFE Market Value Share Analysis, by Application, 2015 and 2024
Figure 46 Middle East & Africa PTFE Market Value Share Analysis, by Country and Sub-region, 2015 and 2024
Figure 47 Middle East & Africa (MEA) PTFE Market Attractiveness Analysis, by Product Type
Figure 48 Middle East & Africa (MEA) PTFE Market Attractiveness Analysis, by Application
Figure 49 Global PTFE Market Share Analysis, by Company, 2015

List of Table

Table 1 PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 2 PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 3 PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Region (2016–2024)
Table 4 North America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 5 North America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 6 North America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 7 Europe PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 8 Europe PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 9 Europe PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country and Sub-region, 2015–2024
Table 10 Asia Pacific PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 11 Asia Pacific PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 12 Asia Pacific PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country and Sub-region, 2015–2024
Table 13 Latin America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 14 Latin America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 15 Latin America PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country and Sub-region, 2015–2024
Table 16 Middle East & Africa (MEA) PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
Table 17 Middle East & Africa (MEA) PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
Table 18 Middle East & Africa PTFE Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country and Sub-region, 2015–2024

Global Polytetrafluoroethylene (PTFE) Market: Overview

The report estimates and forecasts the PTFE market on the global, regional, and country levels. The study provides forecast between 2016 and 2024 based on volume (kilo tons) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the end-use segments. It provides a comprehensive view of the market. The study includes drivers and restraints for the PTFE market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the PTFE market on the global and regional level. Furthermore, the report analyzes substitutes of PTFE. It also provides the global average price trend analysis.

The report includes Porter’s Five Forces Model to determine the degree of competition in the PTFE market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-use and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market.

The study provides a comprehensive view of the PTFE market by dividing it into product, application, and geography. In terms of product type, the PTFE market has been segmented into Granular, fine powder, micro powder, others. In terms of application, the PTFE market has been segmented into Industrial and chemical processing, Automotive, Electricals and electronics and others. Application segments have been analyzed based on historic, present, and future trends, and the market has been estimated in terms of volume (kilo tons) and revenue (US$ Mn) between 2016 and 2024.

Global Polytetrafluoroethylene (PTFE) Market: Research Methodology

In-depth interviews and discussions with wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

Global Polytetrafluoroethylene (PTFE) Market: Regional Segments

Regional segmentation includes the current and forecast demand for PTFE in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for end-use segments. Key countries such as the U.S., Canada, Germany, France, the U.K., Spain, Italy, Japan, India, China, Mexico, South Africa, and Brazil have been included in the study. Market segmentation includes demand for individual application in all the regions and countries.

Companies Mentioned in Report

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include The Chemours Company, Daikin Industries, Ltd., 3M, HaloPolymer OJSC, Shamrock Technologies, Micro Powders, Inc., Reprolon Texas    Solvay, and Asahi Glass Co., Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

The report segments the global PTFE market as follows:

Polytetrafluoroethylene (PTFE), by Product:

  • Granular
  • Fine Powder
  • Micro Powder
  • Others (include dispersions, liquids etc.)

Polytetrafluoroethylene (PTFE) Market, by Application:

  • Industrial and chemical processing
  • Automotive
  • Electrical and Electronics
  • Others (cookware, building & construction, and  medical, etc.)

Polytetrafluoroethylene (PTFE) Market, by Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • Italy
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa


 
 
Back To Top