PTFE (Teflon) Coating Manufacturing
The PTFE (Teflon) Coating Manufacturing industry is small and highly consolidated. PTFE also has excellent electrical insulation properties, making it ideal for use in insulating cable, wires and circuit boards. However, the falling price of PTFE since 2013 has constrained industry growth. Over the five years to 2018, industry revenue is expected to decline. The industry experiences certain challenges, including volatile input costs and reduced selling prices. An increase in demand from industrial sectors such as automotive, aerospace, building and construction will help the industry to rebound to growth in 2018.Moving forward, IBISWorld expects the industry to grow moderately in 2023. Although demand for PTFE will rise in a variety of industrial and household product markets, lower PTFE price are likely to affect growth.
Operators in this industry manufacture polytetrafluoroethylene (PTFE). PTFE is a synthetic chemical that is nonstick and thermally resistant.Polytetrafluoroethylene is used in a variety of applications including cable insulation, automotive lubrication and cookware coating.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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