Market Overview:
The global high performance PTFE market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high performance PTFE in various applications, such as chemical, automotive, medical, food and textile industries. In addition, the growing demand for high performance PTFE from emerging economies is also contributing to the growth of this market. On the basis of type, granular segment is expected to account for a major share of the global high performance PTFE market during the forecast period.
Product Definition:
It has better mechanical and thermal properties than standard PTFE, making it more resistant to wear and heat damage. High Performance PTFE is also less permeable to gases and liquids, making it an ideal material for applications where corrosion or contamination must be minimized.
Granular:
Granular is a polymeric material that has the ability to retain its original size and shape under high pressure. Granular materials are widely used in applications such as adhesives, sealants, coatings & paints, elastomers & plastics due to their unique properties. The most important property of granular materials is their ability to retain their original particle size during processing which gives them an edge over other products available in the market.
Aqueous Dispersion:
It also finds application in enhancing the properties of other high performance elastomers such as Fluorinated Ethylene Propylene Diene Monomer (FEP) and silicone rubber.
Application Insights:
The chemical segment dominated the global high performance PTFE market in terms of revenue share in 2017. The chemical industry is one of the largest consumers of PTFE, owing to its superior properties including low friction coefficient and high heat resistance. In addition, it also has a low dielectric constant which makes it suitable for use as an insulator in electrical equipment used in furnaces and boilers.
High-performance PTFE coatings are applied on various metal surfaces that come into contact with hot fluids or gases such as tubes, pipes & fittings made from Hastelloy C17000 series stainless steel, carbon steel and others to improve their corrosion resistance. They are also used on medical devices & equipment such as oxygenators that come into contact with blood because they have good lubricity characteristics which reduce wear & tear of the device over time due to friction caused by blood flow through them.
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 volume share of more than 60% in 2017 owing to high product demand from various application industries, especially chemical and automotive. China is projected to remain a key consumer as well as producer country due to easy availability of raw materials coupled with cheap labor cost.
North America emerged as the second-largest regional market in 2017 on account of growing product demand from several end-use industries, such as medical, textile, food processing & packaging among others. High performance PTFE has been observed suitable for use in heat transfer applications including industrial furnaces used for melting metal alloys at foundries or glass forming operations used by jewelers among others thus driving industry growth across North America region over the forecast period.
Europe also held a significant share followed by Asia Pacific.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance PTFE products is expected to drive the growth of the global high-performance PTFE market during the forecast period.
- The increasing use of PTFE in medical devices is another major factor that is expected to fuel the growth of this market in the near future.
- Growing demand for lightweight and corrosion-resistant materials in various end-use industries is also projected to boost demand for high performance PTFE products over the next few years.
- Rising awareness about benefits offered by high performance PTFE products among consumers is also anticipated to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance PTFE Market Research Report
By Type
Granular, Aqueous Dispersion, Micronized
By Application
Chemical, Automotive, Medical, Food, Textile, Others
By Companies
3M, Asahi Glass, Daikin Industries, Dongyue Group, E.I. Du Pont De Nemours & Company, Gujarat Fluorochemicals, Halopolymer, Jiangsu Meilan Chemical, Shanghai 3f New Materials, Solvay, Zhejiang Juhua
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global High Performance PTFE Market Report Segments:
The global High Performance PTFE market is segmented on the basis of:
Types
Granular, Aqueous Dispersion, Micronized
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, Automotive, Medical, Food, Textile, 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:
- 3M
- Asahi Glass
- Daikin Industries
- Dongyue Group
- E.I. Du Pont De Nemours & Company
- Gujarat Fluorochemicals
- Halopolymer
- Jiangsu Meilan Chemical
- Shanghai 3f New Materials
- Solvay
- Zhejiang Juhua
Highlights of The High Performance PTFE 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:
- Granular
- Aqueous Dispersion
- Micronized
- By Application:
- Chemical
- Automotive
- Medical
- Food
- Textile
- 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 High Performance PTFE 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
High performance PTFE is a type of thermoplastic that has been specifically designed to resist high temperatures and chemicals. It is often used in applications where durability and heat resistance are important, such as cookware, medical devices, and aerospace components.
Some of the key players operating in the high performance ptfe market are 3M, Asahi Glass, Daikin Industries, Dongyue Group, E.I. Du Pont De Nemours & Company, Gujarat Fluorochemicals, Halopolymer, Jiangsu Meilan Chemical, Shanghai 3f New Materials, Solvay, Zhejiang Juhua.
The high performance ptfe market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Performance PTFE Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Performance PTFE Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Performance PTFE Market - Supply Chain
4.5. Global High Performance PTFE Market Forecast
4.5.1. High Performance PTFE Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Performance PTFE Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Performance PTFE Market Absolute $ Opportunity
5. Global High Performance PTFE Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Performance PTFE Market Size and Volume Forecast by Type
5.3.1. Granular
5.3.2. Aqueous Dispersion
5.3.3. Micronized
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Performance PTFE Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Performance PTFE Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Automotive
6.3.3. Medical
6.3.4. Food
6.3.5. Textile
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Performance PTFE Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Performance PTFE Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Performance PTFE Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Performance PTFE Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Performance PTFE Demand Share Forecast, 2019-2029
9. North America High Performance PTFE Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Performance PTFE Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Performance PTFE Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Automotive
9.4.3. Medical
9.4.4. Food
9.4.5. Textile
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Performance PTFE Market Size and Volume Forecast by Type
9.7.1. Granular
9.7.2. Aqueous Dispersion
9.7.3. Micronized
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Performance PTFE Demand Share Forecast, 2019-2029
10. Latin America High Performance PTFE Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Performance PTFE Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Performance PTFE Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Automotive
10.4.3. Medical
10.4.4. Food
10.4.5. Textile
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Performance PTFE Market Size and Volume Forecast by Type
10.7.1. Granular
10.7.2. Aqueous Dispersion
10.7.3. Micronized
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Performance PTFE Demand Share Forecast, 2019-2029
11. Europe High Performance PTFE Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Performance PTFE Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Performance PTFE Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Automotive
11.4.3. Medical
11.4.4. Food
11.4.5. Textile
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Performance PTFE Market Size and Volume Forecast by Type
11.7.1. Granular
11.7.2. Aqueous Dispersion
11.7.3. Micronized
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Performance PTFE Demand Share, 2019-2029
12. Asia Pacific High Performance PTFE Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Performance PTFE Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Performance PTFE Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Automotive
12.4.3. Medical
12.4.4. Food
12.4.5. Textile
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Performance PTFE Market Size and Volume Forecast by Type
12.7.1. Granular
12.7.2. Aqueous Dispersion
12.7.3. Micronized
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Performance PTFE Demand Share, 2019-2029
13. Middle East & Africa High Performance PTFE Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Performance PTFE Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Performance PTFE Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Automotive
13.4.3. Medical
13.4.4. Food
13.4.5. Textile
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Performance PTFE Market Size and Volume Forecast by Type
13.7.1. Granular
13.7.2. Aqueous Dispersion
13.7.3. Micronized
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Performance PTFE Demand Share, 2019-2029
14. Competition Landscape
14.1. Global High Performance PTFE Market: Market Share Analysis
14.2. High Performance PTFE Distributors and Customers
14.3. High Performance PTFE Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Asahi Glass
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Daikin Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dongyue Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. E.I. Du Pont De Nemours & Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gujarat Fluorochemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Halopolymer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Meilan Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai 3f New Materials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Solvay
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang Juhua
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
