Polytetrafluoroethylene
(PTFE) Market is expected to display rapid growth in forthcoming
years. PTFE stands for Polytetrafluoroethylene and its best brand product is
Teflon an original Chemours discovery. PTFE is a fluorescent solid and its main
constituents include Carbon and fluorine. PTFE is hydrophobic with a lowest
coefficient of friction among all solids. PTFE is used in diverse applications
from all walks of life and its range commences from kitchen cookware where it
helps in non-stick coating for pans and PTFE benefits roll into other
applications as well such as containers and pipes helped along by
anti-corrosive properties when used with corrosive chemicals. PTFE is also used
in medical equipment in hospitals and as a graft material in interventional
surgeries.
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The PTFE micro powders are
made from virgin polytetrafluroethylene resin or recycled PTFE waste. Asia
Pacific is witnessing highest market share for Polytetrafluoroethylene (PTFE)
markets and will do so in forecast period as well. India with a rising
population, better investment cycles and fully developed economies as well as
progressive government initiatives are witness to high growth in this region.
Growth in Asia Pacific is motivated by the sheer predominance of the region’s
growth in chemical industry. Thermoplastic is the most favorable and inks
though being the topmost segment in PTFE market, thermoplastic holds near to
three-fourth of market share. Inks need to be supplemented with different
additives in order to be useful in various end-user industries and balance of
additive selection has to be just right otherwise this may destroy the entire
formulation. Furthermore, PTFE micro powders is the powder of choice even for
inks because of strong properties of micro powders such as small particle size,
abrasion /rub resistance and blocking.
Segmentation of
Polytetrafluoroethylene (PTFE) Market by type includes granular, aqueous
dispersion and micronized. Segmentation of PTFE Market by application includes
chemical, automotive, medical, food, textile and others. Segmentation of PTFE
Market by geographical region includes North America, Europe, Asia Pacific, MEA
and Latin America. The key players in the industry include 3M, Saint-Gobain,
Henkel, Daikin, Asahi Glass, Dongyue Group, E.I DuPont Neymours & CO.,
Gjarta flurochemcials, HAlopolymer, Jiangsu Mielan Chemical, Shaanghai 3f New
Materials, Solvay, Shejiang and Juhua.
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