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PTFE (Teflon) Coating Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Jun 28, 2024
Length 81 Pages
SKU # IBSS19023312

Description

PTFE (Teflon) Coating Manufacturing in the US - Industry Market Research Report


PTFE (Teflon) Coating Manufacturing in the US

The PTFE (Teflon) coating manufacturing industry produces polytetrafluoroethylene (PTFE), a synthetic chemical formed entirely of carbon and fluorine. The PTFE polymer is nonstick and nonreactive, with low friction and high thermal resistance. As a result, it can be highly desirable in various applications, including automotive lubrication and cookware coating. PTFE also has excellent electrical insulation properties, making it ideal for insulating cable, wires and circuit boards. However, the rising price of PTFE has constrained demand and revenue. In addition, the COVID-19 pandemic further hindered industry revenue through limited downstream demand and increased operating costs. Over the five years to 2023, revenue has declined slightly at a CAGR of 0.1% to $1.3 billion, including an expected 13.4% decline in 2023 alone. Profit is expected to climb to 7.7% of revenue in 2023, up from 7.3% in 2018.

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.

Table of Contents

81 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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