Global Polytetrafluoroethylene (PTFE) Market to Reach $5.1 Billion by 2030
The global market for Polytetrafluoroethylene (PTFE) estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Granular, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fine Powder segment is readjusted to a revised 5% CAGR for the next 8-year period.The U.S. Market is Estimated at $920.9 Million, While China is Forecast to Grow at 8.8% CAGR
The Polytetrafluoroethylene (PTFE) market in the U.S. is estimated at US$920.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$693.7 Million by the year 2030.Select Competitors (Total 23 Featured) -
- 3M Company
- AGC Chemicals Americas Inc.
- Asahi Glass Company Limited
- Chenguang Research Institute of Chemical Industry
- Daikin Industries Ltd.
- Dongyue Group Limited
- Gujarat Fluorochemicals Limited
- HaloPolymer OJSC
- Juhua Group Corporation
- Saint-Gobain Performance Plastics Corporation
- Shanghai 3F New Material Co. Ltd.
- Solvay
- The Chemours Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- AGC Chemicals Americas Inc.
- Asahi Glass Company Limited
- Chenguang Research Institute of Chemical Industry
- Daikin Industries Ltd.
- Dongyue Group Limited
- Gujarat Fluorochemicals Limited
- HaloPolymer OJSC
- Juhua Group Corporation
- Saint-Gobain Performance Plastics Corporation
- Shanghai 3F New Material Co. Ltd.
- Solvay
- The Chemours Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.4 Billion |
Forecasted Market Value ( USD | $ 5.1 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |