Market Overview:
The global PTFE fasteners market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for PTFE fasteners in various applications, such as chemical, semiconductor, material processing, and others. In addition, the growing demand for lightweight and corrosion-resistant fasteners is also contributing to the growth of this market. Based on type, the global PTFE fasteners market can be segmented into PTFE nuts, PTFE bolts, PTFE screws, and PTEE washers. The PTEE washers segment is projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030.
Product Definition:
PTFE fasteners are screws, bolts, nuts and washers made of PTFE. They are used in applications where corrosion or extreme temperatures might be a problem. The importance of PTFE fasteners is that they can resist corrosion and high temperatures better than other types of fasteners.
PTFE Nuts:
PTFE nuts are used in PTFE fasteners to provide mechanical strength and high resistance to corrosion. They are also used as sealing agents for the protection of PTFE components from harsh environments such as chemical, oil and gas, etc.
The growth factor for PTFE nuts is directly proportional to the demand for ptfe nuts in pneumatic tubing application segment.
PTFE Bolts:
PTFE bolts are manufactured using special polymer material and possess properties such as high chemical resistance, low friction, high tensile strength and temperature resistance. PTFE bolts have applications in various industries including aerospace & defense, automotive & transportation and oil & gas. The growing demand for lightweight vehicles coupled with stringent government regulations to reduce vehicular weight is expected to drive the PTFE fasteners market over the forecast period.
Application Insights:
PTFE fasteners are used in a variety of applications including chemical, semiconductor, material processing and others. The chemical segment dominated the global PTFE fasteners market in terms of revenue share in 2017. This is attributed to the extensive use of nuts and bolts for manufacturing equipment at petrochemical plants.
The other application segment includes food machinery and medical equipment among others which are anticipated to witness significant growth on account of increasing product usage over the coming years owing to its properties such as non-carcinogenic nature, high temperature resistance along with low friction coefficient which makes it suitable for lubrication purposes across a wide range of temperatures without affecting its ability to move or rotate at normal speeds when properly lubricated.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global PTFE fasteners market in 2017, owing to high product demand from various end-use industries, such as aerospace & defense, automotive and electronics. China is one of the largest producers and consumers of PTFE products globally. It imports most raw materials required for manufacturing from North America due to lack of adequate domestic reserves.
The chemical industry has witnessed significant growth in India on account rising investments by multinational companies seeking access to cheaper labor costs coupled with favorable government policies promoting domestic manufacturing activities at a micro level across all sectors including food & beverages, textiles etc., which has led to an increase in overall consumption levels over time.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of lightweight fasteners in the automotive industry
- Rising demand for high-performance fasteners in the aerospace industry
- Increasing use of PTFE fasteners in medical devices and implants
- Growing demand for PTFE screws and bolts from construction and engineering sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE Fasteners Market Research Report
By Type
PTFE Nuts, PTFE Bolts, PTFE Screws, PTFE Washers, Others
By Application
Chemical, Semiconductor, Material Processing, Others
By Companies
Bohlender, Bueno Technology, BÜLTE, Craftech Industries, Hirosugi-Keiki, IKSonic, Nabeya Bi-tech, New Process Fiber, Nippon Chemical Screw, Scientific Machine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global PTFE Fasteners Market Report Segments:
The global PTFE Fasteners market is segmented on the basis of:
Types
PTFE Nuts, PTFE Bolts, PTFE Screws, PTFE Washers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Semiconductor, Material Processing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bohlender
- Bueno Technology
- BÜLTE
- Craftech Industries
- Hirosugi-Keiki
- IKSonic
- Nabeya Bi-tech
- New Process Fiber
- Nippon Chemical Screw
- Scientific Machine
Highlights of The PTFE Fasteners Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PTFE Nuts
- PTFE Bolts
- PTFE Screws
- PTFE Washers
- Others
- By Application:
- Chemical
- Semiconductor
- Material Processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PTFE Fasteners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PTFE Fasteners are a type of fastener made from polytetrafluoroethylene (PTFE). They are often used in applications where high temperature and/or pressure is required, such as aerospace engineering. PTFE Fasteners have a number of advantages over traditional fasteners, including their low weight and resistance to corrosion.
Some of the major companies in the ptfe fasteners market are Bohlender, Bueno Technology, BœLTE, Craftech Industries, Hirosugi-Keiki, IKSonic, Nabeya Bi-tech, New Process Fiber, Nippon Chemical Screw, Scientific Machine.
The ptfe fasteners market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTFE Fasteners Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PTFE Fasteners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTFE Fasteners Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PTFE Fasteners Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PTFE Fasteners Market Size & Forecast, 2020-2028
4.5.1 PTFE Fasteners Market Size and Y-o-Y Growth
4.5.2 PTFE Fasteners Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PTFE Nuts
5.2.2 PTFE Bolts
5.2.3 PTFE Screws
5.2.4 PTFE Washers
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Semiconductor
6.2.3 Material Processing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE Fasteners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PTFE Fasteners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PTFE Nuts
9.6.2 PTFE Bolts
9.6.3 PTFE Screws
9.6.4 PTFE Washers
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Semiconductor
9.10.3 Material Processing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PTFE Nuts
10.6.2 PTFE Bolts
10.6.3 PTFE Screws
10.6.4 PTFE Washers
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Semiconductor
10.10.3 Material Processing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PTFE Nuts
11.6.2 PTFE Bolts
11.6.3 PTFE Screws
11.6.4 PTFE Washers
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Semiconductor
11.10.3 Material Processing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PTFE Nuts
12.6.2 PTFE Bolts
12.6.3 PTFE Screws
12.6.4 PTFE Washers
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Semiconductor
12.10.3 Material Processing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PTFE Nuts
13.6.2 PTFE Bolts
13.6.3 PTFE Screws
13.6.4 PTFE Washers
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Semiconductor
13.10.3 Material Processing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PTFE Fasteners Market: Competitive Dashboard
14.2 Global PTFE Fasteners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bohlender
14.3.2 Bueno Technology
14.3.3 BÜLTE
14.3.4 Craftech Industries
14.3.5 Hirosugi-Keiki
14.3.6 IKSonic
14.3.7 Nabeya Bi-tech
14.3.8 New Process Fiber
14.3.9 Nippon Chemical Screw
14.3.10 Scientific Machine
