The global Expanded Polytetrafluoroethylene market was valued at US$ 675 million in 2020 and it is expected to reach US$ 852.9 million by the end of 2027, growing at a CAGR of 3.4% during 2021-2027.
Expanded Polytetrafluoroethylene is a sealing agent that is made of 100-percent pure PTFE. The expansion process produces a microporous fibrous structure which gives the product its unique mechanical properties. The material is specially targeted for sealing flange joints in pipelines and hydraulic and pneumatic systems.
The major players in global Expanded Polytetrafluoroethylene market include GORE, Donaldson, Sumitomo, etc. The top 3 players occupy over 75% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Sheet is the main type, with a share about 70%. Sealants and Filtration & Separation are two key applications, which hold a share about 60%.
Global Expanded Polytetrafluoroethylene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Expanded Polytetrafluoroethylene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Gore, Guarnitex, GE Energy, Saint-Gobain, KWO, Donaldson, Zhejiang Jiari, Ningbo ChangQi, Sumitomo, Zeus, Pan Asian Microvent Tech (Jiangsu) Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Thin Film
- Thin Plate
Segment by Application
- Medical Treatment
- Consumer Electronics
Table of Content:
1 Expanded Polytetrafluoroethylene Market Overview
2 Expanded Polytetrafluoroethylene Market Competition by Manufacturers
3 Expanded Polytetrafluoroethylene Retrospective Market Scenario by Region
4 Global Expanded Polytetrafluoroethylene Historic Market Analysis by Type
5 Global Expanded Polytetrafluoroethylene Historic Market Analysis by Application
6 Key Companies Profiled
7 Expanded Polytetrafluoroethylene Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Expanded Polytetrafluoroethylene Market Dynamics
10 Global Expanded Polytetrafluoroethylene Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.