Polytetrafluoroethylene (PTFE) Global Market Recovery: PTFE Market Projected to Reach 250 Thousand Metric Tons by 2026 at a CAGR of 5% between 2021 and 2026 - ResearchAndMarkets.com

2022-05-21 17:00:57 By : Mr. Johnson Xie

DUBLIN, April 18, 2022--(BUSINESS WIRE)--The "Polytetrafluoroethylene (PTFE) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.

Attributed to the slowdown in the global economy and industrial activities worldwide amid the impact of coronavirus pandemic, the global market for Polytetrafluoroethylene (PTFE) has declined by 5.1% year-over-year (YOY) in 2020 compared to 2019.

Recovering from the pandemic impact, the global market for Polytetrafluoroethylene (PTFE) is projected to reach 250 thousand metric tons by 2026 at a CAGR of 5% between 2021 and 2026.

Asia-Pacific is the world's largest volume market for PTFE, accounting for an estimated 59.6% share in 2021, which is also likely to record the fastest 2021-2026 CAGR of 5.8% in reaching a projected 155 thousand metric tons by 2026. The overall market for PTFE is expected to surpass 200k metric tons valued at US$2.6 billion in 2022.

Global PTFE market is analyzed in this report with respect to product forms and end-use sectors

The study exclusively analyzes the market sizing of each product form and end-use sector of PTFE by major geographic region/country

5G Communication Technology Boosts Demand for PTFE

Medical Device Industry Fueling Demand for PTFE and Other Fluoropolymers

Demand for PTFE to Gain Further Momentum from Products with Improved Properties

Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments

The industry guide includes the contact details for 200 companies

The report analyzes the market for the following product forms of PTFE:

Major end-use sectors market of PTFE examined in this report includes the following:

Analysis Period, Units and Growth Rates

The report reviews, analyzes and projects the global PTFE market for the period 2017-2026 in terms of market volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2021 through 2026 with a special focus on pandemic impact during 2019-2020

PART A: GLOBAL MARKET PERSPECTIVE

2.1 5G Communication Technology Boosts Demand for PTFE

2.2 Medical Device Industry Fueling Demand for PTFE and Other Fluoropolymers

2.3 Demand for PTFE to Gain Further Momentum from Products with Improved Properties

4.1 Global Polytetrafluoroethylene (PTFE) Market Overview by Product Form

4.1.1 Global Polytetrafluoroethylene (PTFE) Product Form Market Overview by Global Region

4.2 Global Polytetrafluoroethylene (PTFE) Market Overview by End-use Sector

4.2.1 Global Polytetrafluoroethylene (PTFE) End-use Sector Market Overview by Global Region

PART B: REGIONAL MARKET PERSPECTIVE

Global Polytetrafluoroethylene (PTFE) Market Overview by Geographic Region

Daikin Fluorochemicals (China) Co Ltd

Fujian Sannong New Materials Co., Ltd

Fuxin Hengtong Fluorine Chemicals Co, Ltd

Jiangsu Lee & Man Chemical Limited

Jiangsu Meilan Chemical Co Ltd

Jinhua Yonghe Fluorochemical Co Ltd

Shandong Hua Fluorochemical Co., Ltd.

Shanghai (Huayi) 3F New Materials Co., Ltd.

Solvay Specialty Polymers (Changshu) Co., Ltd

The Chemours (Changshu) Fluoro Technology Company Limited

Zhejiang Fotech International Co., Ltd.

Zhonghao Chenguang Research Institute Chemical Industry

For more information about this report visit https://www.researchandmarkets.com/r/naam17

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220418005289/en/

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