Global Expanded PTFE (ePTFE) Market, 2014-2034

Polytetrafluoroethylene (or PTFE) is a particularly versatile ivory-white and opaque plastic fluoropolymer. Expanded PTFE is a fully fluorinated polymer with exceptional chemical and physical properties.Expanded polytetrafluoroethylene (ePTFE) applications utilize polymers with high molecular weights that are made by emulsion polymerization of tetrafluoroethylene (TFE).

The ePTFE has various properties including porosity (low and high),high specific surface area,high chemical resistance in harsh environments, chemical inertness of polytetrafluoroethylene surface, high thermal stability, resistance to ultraviolet rays, excellent weatherability outdoors, low coefficient of friction, Low water adsorption (0.04% at room temperature), low flammability (limiting oxygen index is 95%), performance at extreme low and high temperatures, strength (high strength-to-weight ratio), low dielectric constant (2.0), low loss coefficient, and biocompatibility.

Expanded PTFE is soft, flexible and porous. Porous ePTFE is permeable to air, yet watertight under low pressure. Its low coefficient of friction makes it ideal for applications requiring lubricity and durability.

Expanded PTFE has wide range of end user industry applications employed to chemical, oil &gas, and transportation industries. The others product included gaskets, filtration & separation, dielectric constant, paints & coatings, vessel linings, seals, spacers, plain bearings, gears, pipes, slide plates, and drilling parts.

The global expanded PTFE (ePTFE) research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global expanded PTFE (ePTFE) market is growing at a fast pace and increasing its geographical footprint rapidly. The global expanded PTFE (ePTFE) market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Paicfic region due to increasing demand from various end-use industries such as oil & gas, chemical, medical, and transportation among others. The major growth driver for expanded PTFE (ePTFE) market are increasing demand from the oil & gas and chemical industry. The growth in automotive production and increasing usage of gasket, and filtration & separation application in oil & gas and chemical industry will drive the demand during the forecast period.

The high cost of production is the major impediments to the expansion of global expanded PTFE (ePTFE) market.

Expanded PTFE (ePTFE) enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of Expanded PTFE (ePTFE) market globally. The companies that lead global market are W.L. Gore & Associates, Inc., Donaldson Company, Inc., Teadit, Zeus Industrial Products, Inc., Dexmet Corporation, Phillips Scientific, Inc.,Poly Fluoro Ltd , Markel Corporation, and Shanghai Lanle Plastics Co.Ltd .

Research Methodology

The research process includes the market segmentation of the global expanded PTFE (ePTFE) market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global expanded PTFE (ePTFE) market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (40%), Asia (35%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global expanded PTFE (ePTFE) industry dynamics
• Estimation of the present global expanded PTFE (ePTFE) market size in terms of value and volume
• Global expanded PTFE (ePTFE) market breakup based on type and applications
• Substantiated global expanded PTFE (ePTFE) market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global expanded PTFE (ePTFE) industry value chain.