Expanded PTFE (ePTFE) - Global Market Outlook (2018-2027)

Expanded PTFE (ePTFE) - Global Market Outlook (2018-2027)

According to Stratistics MRC, the Global Expanded PTFE Market is accounted for $767.79 million in 2018 and is expected to reach $1435.47 million by 2027 growing at a CAGR of 7%. The increase in this segment is attributed to its increasing usage in various end-use industries due to its excellent mechanical & physical properties and rise in demand for ePTFE gaskets from the oil & gas and chemical industries are likely to boost the growth of the market. However, High production cost of ePTFE is likely to hamper the profit boundaries.

Expanded PTFE Market has been growing at a steady pace, as intelligence regarding their characteristics in attributing high reliability and longevity to components of numerous industries continues to grow. As innovation continues to drive the focus of automotive manufacturers towards achieving an uninterrupted flow of air and stability of compression, poly-vent manufacturers seek better polymers for manufacturing advanced products with a competency to cater to the specific demands ascending from end-use industries. A broad array of materials being used for the manufacturing of poly-vents includes, but is not confined to, polypropylene, reinforced perforated glass fiber, and PTFE. Among these polymers, PTFE has been gaining high traction, owing to its unique combination of physical-chemical characteristics that distinguish it from plastic equivalents. Following the trends, PTFE is likely to spectate high adoption in the manufacturing of poly-vents, on account of its high tensile strength, electric resistance, and dielectric strength.

Based on the application, the gaskets segment is likely to account for the largest share of the market. The growth in this segment is attributed to its increasing usage in various end-use industries as these gaskets are easy to cut, can seal irregular and rough surface reduces cold flow, and possess high temperature and chemical resistance. These factors are expected to drive demand during the forecast period.

By geography, Asia Pacific is the largest and fastest-growing expanded PTFE market, owing to its increasing usage in various end-use industries such as chemical, medical, transportation, among others. Furthermore, increasing investments in the automotive and growing oil & gas industries will also drive the market in this region during the forecast period. Moreover, countries such as China and India have been scaling up the size of their manufacturing sector. These factors are expected to fuel the demand for expanded PTFE in the region during the forecast period.

Some of the key players in the Expanded PTFE Market include Zeus Industrial Products Inc Wuxi Rayflon Polymer Technology Co, Teflex Gasket, Teadit, Shanghai Lanle Plastics Co Ltd, Sealmax, Sanghvi Techno Products, Rogers Corporation, Poly Fluoro Ltd , Phillips Scientific Inc, Nitto Denko, Markel Corporation, KWO Dichtungstechnik GmbH, Donaldson Company Inc and Dexmet Corporation.

Forms Covered:
• Tapes
• Sheets
• Membranes
• Fibers
• Other Forms

Applications Covered:
• Gaskets
• Sealants
• Fluoropolymer Fibers
• Filtration & Separation
• Filtration & Separation
• Fabrics
• Dielectric Materials
• Advanced Dielectric Materials
• Other Applications

End-Users Covered:
• Transportation
• Textile
• Oil & Gas
• Medical
• Industrial
• Household
• Headlamps
• Electronics
• Electric motors
• Chemical
• Batteries
• Automotive
• Architecture
• Agriculture
• Aerospace
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
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