DUBLIN, March 6, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/t3hv3c/ptfe) has announced the addition of the"PTFE (Polytetrafluoroethylene) Market by Form, Application, End Industry, Geography - Trends & Forecasts to 2018" report to their offering.
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Polytetrafluoroethylene is one of the dominant fluoropolymers witnessing a significant growth in the past few years, which is expected to continue in the coming years. It is mainly available in powder form like granular, fine, micronized and aqueous dispersion and is widely consumed in applications as mechanical components and as a coating material. Major end user industries served by PTFE are chemical processing, mechanical, food and household, automotive, electronics, and so on.
The demand for polytetrafluoroethylene is majorly driven by factors such as; its emerging applications in medical industry. Increasing trend of PTFE modification to make it exploitable for various other applications is also a crucial factor. Further technological innovations are expected to increase the market penetration of PTFE and make it suitable for numerous other applications. The effectiveness of PTFE in traditional end industries has always been a promising factor for its growth over a long run.
Asia-Pacific is currently the largest consumer of PTFE, which consumed nearly half of the total consumption in 2012 and is expected to grow at a CAGR of 8.3%. China and Japan are the leading consumers of PTFE, holding a major share in regional volumetric consumption in 2012. The polytetrafluoroethylene market for ROW is comparatively low, but is anticipated to show the highest growth rate from 2013 to 2018.
Automotive industry with a CAGR of 7.7% is the fastest growing end industry consumer of PTFE owing to the distinguishing properties of the material where as the leading consumer of polytetrafluoroethylene remains the chemical processing industry and mechanical industry. Shadong Dongye Company Ltd. (China), E.I. DuPont de Nemours and Company (U.S.), Gujarat Fluorochemicals Ltd. (India), Chenguang Research Institute of Chemicals (China), HaloPolymer, OJSC (Russia), Solvay Sa (Belgium), etc. are major manufacturers of PTFE .
This report covers the PTFE market by key regions and major countries in each region. A holistic approach has been followed in order to segment the entire market into definite forms, applications and end industries along with its projection till 2018.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 PTFE Processing Industry
6 Eptfe (Expanded PTFE)
7 PTFE Market, By Form
8 PTFE Market, By Application
9 PTFE Market, By End Industry
10 PTFE Market, By Geography
11 Competitive Landscape
12 Company Profiles
- Asahi Glass Co., Ltd.
- Chenguang Research Institute Of Chemical Industry
- Daikin Industries, Ltd.
- Dongyue Group Ltd.
- E.I. Du Pont De Nemours & Company
- Gujarat Fluorochemicals Limited
- Halopolymer, Ojsc
- Jiangsu Meilan Chemical Co., Ltd.
- Shanghai 3F New Materials Company Limited
- Solvay Sa
- Zhejiang Juhua Co., Ltd
For more information visit http://www.researchandmarkets.com/research/t3hv3c/ptfe
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SOURCE Research and Markets