Micronized PTFE Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Application (Inks, Thermoplastics, Coatings, Grease and Lubricants, Elastomers, Others) and Geography
Report Code: TIPRE00010186 No. of Pages: 150 Category: Chemicals and Materials Status: Upcoming
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MARKET INTRODUCTION
PTFE is mainly known as the enhanced powdered form of polytrafluoroethylene resin. Polytetraflyoroethylene resin in its virgin or recycled scrap form is basically used to manufacture some of the end-product. It undergoes through a long and tedious process consisting of technologies, including thermal degradation, electron beam, and grinding. The end-product is found to be a low molecular weight PTFE micro powder. It is used where higher surface lubricity and anti-blocking properties are required. PTFE micro powders are quite popular additives in many industrial materials whose properties or end-use are improved by the addition of PTFE's unique characteristics. Through its extremely low coefficient of friction, PTFE micro powders are able to enhance the appearance, reduce mechanical wear & surface contamination of many materials, and improve abrasion resistance. To be useful as an additive to other materials, it must be incorporated in its micronized form homogenously.
MARKET DYNAMICS
The micronized PTFE market has witnessed a significant growth owing to factors such as wider application in manufacturing inks, thermoplastics, coatings, grease and lubricants, elastomers, and others. PTFE is basically used as additives in various end-use industries. The demand for these products continues to rise as more and more industries require performance polymers. PTFE is becoming increasingly important for many end-use industries for protecting the surfaces of various products. Hence, the growing expansion of paints and coating applications in construction and manufacturing is expected to fuel the global PTFE market. However, the production of micronized polytetrafluoroethylene is mainly subjected to stringent laws and regulations, such as environmental and health & safety standards, set by the government authorities in many countries, which may hamper the market growth in the near future. Nevertheless, with the steady growth in the chemical industry and coating industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Micronized PTFE Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the micronized PTFE market with detailed market segmentation by application and geography. The global micronized PTFE market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading micronized PTFE market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global micronized PTFE market is segmented on the basis of application. The micronized PTFE market on the basis of the application is classified into inks, thermoplastics, coatings, grease and lubricants, elastomers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global micronized PTFE market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The micronized PTFE market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the micronized PTFE market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the micronized PTFE market in these regions.
The reports cover various key developments in the global micronized PTFE market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from micronized PTFE market are anticipated to lucrative growth opportunities in the future with the rising demand for micronized PTFE in the global market. Below mentioned is the list of few companies engaged in the micronized PTFE market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the micronized PTFE market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
PTFE is mainly known as the enhanced powdered form of polytrafluoroethylene resin. Polytetraflyoroethylene resin in its virgin or recycled scrap form is basically used to manufacture some of the end-product. It undergoes through a long and tedious process consisting of technologies, including thermal degradation, electron beam, and grinding. The end-product is found to be a low molecular weight PTFE micro powder. It is used where higher surface lubricity and anti-blocking properties are required. PTFE micro powders are quite popular additives in many industrial materials whose properties or end-use are improved by the addition of PTFE's unique characteristics. Through its extremely low coefficient of friction, PTFE micro powders are able to enhance the appearance, reduce mechanical wear & surface contamination of many materials, and improve abrasion resistance. To be useful as an additive to other materials, it must be incorporated in its micronized form homogenously.
MARKET DYNAMICS
The micronized PTFE market has witnessed a significant growth owing to factors such as wider application in manufacturing inks, thermoplastics, coatings, grease and lubricants, elastomers, and others. PTFE is basically used as additives in various end-use industries. The demand for these products continues to rise as more and more industries require performance polymers. PTFE is becoming increasingly important for many end-use industries for protecting the surfaces of various products. Hence, the growing expansion of paints and coating applications in construction and manufacturing is expected to fuel the global PTFE market. However, the production of micronized polytetrafluoroethylene is mainly subjected to stringent laws and regulations, such as environmental and health & safety standards, set by the government authorities in many countries, which may hamper the market growth in the near future. Nevertheless, with the steady growth in the chemical industry and coating industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Micronized PTFE Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the micronized PTFE market with detailed market segmentation by application and geography. The global micronized PTFE market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading micronized PTFE market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global micronized PTFE market is segmented on the basis of application. The micronized PTFE market on the basis of the application is classified into inks, thermoplastics, coatings, grease and lubricants, elastomers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global micronized PTFE market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The micronized PTFE market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the micronized PTFE market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the micronized PTFE market in these regions.
The reports cover various key developments in the global micronized PTFE market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from micronized PTFE market are anticipated to lucrative growth opportunities in the future with the rising demand for micronized PTFE in the global market. Below mentioned is the list of few companies engaged in the micronized PTFE market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the micronized PTFE market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Asahi Glass Co., Ltd
- Chenguang Research Institute of Chemical Industry
- Daikin Industries Ltd.
- Dupont
- Gujarat Fluorochemicals Limited
- Micro Powder, Inc
- Shamrock Technologies, Inc
- Shanghai 3F New Materials Company Limited
- Solvay Sa
- The 3M Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.