Polytetrafluoroethylene-coated Glass Fiber Market: Overview
Polytetrafluoroethylene (PTFE) is a chemical name for Teflon. Teflon is a coating sprayed on the surface of a substrate so as to make it fire resistant, non-sticky, and non-reactive. Glass fibers are strands of fibers of glass, which are manufactured in such a way that they can possess thermal insulation properties. PTFE-coated glass fiber is a fabric that is produced by coating glass fibers with PTFE. With this process, the fabric becomes chemically inert and it can withstand temperatures ranging from −73°C to 232°C.
PTFE-coated glass fibers are used as insulating materials in flexible printed circuit boards (FPCBs), which are mostly used in printers, phones, cameras, and home devices. Advancement in technologies and rise in usage of electronic technologies are anticipated to create lucrative opportunities for the PTFE-coated glass fiber market during the forecast period. Moreover, the demand for electronics is likely to increase in the near future, as companies are investing more in the consumer electronics industry.
Polytetrafluoroethylene-coated Glass Fiber Market: Drivers & Restraints
PTFE-coated glass fibers are largely used in aerospace, automotive, electronics & electrical (E&E), energy, food packaging, and other applications (such as clothing, plywood lamination, garments, bake ware/cooking liners, conveyor belts on contact grilling machines, and polymer processing). PTFE-coated glass fibers are employed extensively in the electronics & electrical (E&E) industry for insulation, cover lay lamination, and LCD conductive film bonding. PTFE-coated glass fibers are employed as wire wrapping in electric coils, phase insulation, and shielding for electric components. These fibers impart excellent mechanical strength and high resistance to chemicals and heat to coatings. PTFE-coated glass fibers are transformed into fabrics, which are used as linings for coils and to reduce noise and vibrations in superconducting magnets. These fibers are employed as release liners for cover lay lamination, so as to maximize the production of field-programmable circuit boards. In the aerospace industry, PTFE-coated glass fibers are utilized for the manufacture of aircraft composite components such as mold-release tapes and vacuum bagging bleeder cloths. In the automotive industry, these fibers are used as release tapes, sheets, and belts applied for bonding and shaping of materials into composite parts. PTFE-coated glass fibers are applied in the lamination of photovoltaic (PV) modules, as non-stick release liners or belts and release sheets. In the plywood industry, these fibers are employed as cloth or release sheets for the lamination of plywood. In the food processing industry, they are used as belts for production of tortilla and pizza so as to carry food from one place to another.
Polytetrafluoroethylene-coated Glass Fiber Market: Regional Outlook
In terms of region, the global PTFE-coated glass fiber market can be segmented into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. The market in Asia Pacific is likely to expand at a rapid pace during the forecast period, due to growth of the electrical & electronics (E&E) sector. With rise in the per capita income and spending power of people in Asia Pacific, the PTFE-coated glass fiber market is anticipated to expand at a rapid pace between 2018 and 2026. The rise in usage of and demand for smartphones and LCD television sets is anticipated to propel the global market for PTFE-coated glass fiber during the forecast period.
Polytetrafluoroethylene-coated Glass Fiber Market: Key Players
Prominent players operating in the global PTFE-coated glass fiber market are Jiangsu ESONE New Materials Co., Ltd, PAR Group, FIBERFLON, IC International Limited, W.L.Gore & Associates, Inc., and Aetna Plastics Corp. These companies are engaged in research and development activities, strategic alliances, and mergers and acquisitions to gain market share.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.