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Asia-Pacific Remains the Major PTFE Market for Coatings, Inks & more: MarketsandMarkets

Published on 2014-02-20. Author : SpecialChem

Polytetrafluoroethylene accounts for the major share of fluoropolymer market. PTFE is the linear homopolymer of TFE with a repeat unit and is made by polymerizing TFE in water using free radical initiators. Basically, PTFE resin is manufactured by two types of polymerization; suspension polymerization and emulsion polymerization; and on the basis of polymerization technique, various forms of PTFE are produced. PTFE is majorly produced in three forms: Granular/Molded Powder, Fine Powder, and Aqueous Dispersion. PTFE is also made available in micro powder form which is known as PTFE micronized powders. Depending on the characteristics required by end applications, these grades are further processed into semi-finished products and finished products; used for coating; used as Filled PTFE or are used as additives for inks, paints, cosmetics etc.

The PTFE market is experiencing huge growth which is expected to continue in the near future, majorly driven by the highly growing Asia-Pacific region and intense focus towards industrial expansions. A significant amount of investments are made by various market players in order to be prepared to serve the high potential ones in future. Asia-Pacific is the major PTFE market, which accounted for nearly half of the total global demand in 2012. The region is further expected to show quite a high growth in future, mainly due to high growth potential of the Chinese market.

The industrial goods were the single-largest application of PTFE, with a market share of nearly 49.7% of the total demand in 2012. Budding demand for modified PTFE and expanded PTFE is pushing the demand for PTFE at a notable pace. Filled PTFE is comparatively consuming less quantity of PTFE but the growth in demand is anticipated to be significant due to increasing penetration of Filled PTFE applications in various end user industries.

This study basically aims to estimate the global PTFE market for 2013 and to project the expected demand of the same by 2018. This market research study provides a detailed qualitative and quantitative analysis of the global PTFE market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market.

The market is further segmented and projected for major regions such as Asia-Pacific, North America, Europe, and ROW, which is further segmented for key countries in each region. They have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the PTFE market. The primary sources, experts from related industries and suppliers–have been interviewed to obtain and verify critical information as well as to assess the future prospects of PTFE.

Competitive scenarios of top players in the PTFE market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: Dongyue Group Ltd. (China), E.I. Dupont de Nemours and Company (U.S.), Gujarat Fluorochemicals Ltd. (India), Asahi Glass Co. Ltd. (Japan), HaloPolymer, OJSC (Russia), etc.

Scope of the report:

This research report categorizes the global PTFF market on the basis of forms, applications, end user industries, and geography along with forecasting volumes, revenues, and analyzing trends in each of the submarkets.

On the basis of forms: The PTFE market is segmented on the basis of different forms produced such as granular/molded powder, fine powder, aqueous and micronized dispersion. Each form is further described in detail in the report with volume and revenue forecasts for each form.

On the basis of applications: The PTFE market is segmented on the basis of industry applications, such as industrial goods, coatings, filled PTFE and others. Each application is further described in detail in the report with volume and revenue forecasts for each application.

On the basis of end industry: The PTFE market is segmented on the basis of end industry such as automotive, chemical processing, semiconductor, food & household, textile, medical, electronics, construction, mechanical and others. Each end industry is further described in detail in the report with volume and revenue forecasts for each end industry.

On the basis of geography: A country level segmentation is done for PTFE for key regions that include Asia-Pacific, North America, Europe, and ROW, and further for key countries in each region that include China, Japan, South Korea, India, U.S., Germany, France, Italy, Russia, and Brazil.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. They publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Source: MarketsandMarkets

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