The global PTFE membrane market is expected to be valued at USD 3.17 Billion in 2027 from USD 2.04 Billion in 2019, registering a CAGR of 5.5% through the forecast period. PTFE (polytetrafluoroethylene) is a fluorocarbon compound of high molecular weight. A PTFE membrane is formed by expanding PTFE into a web-like structure with microscopic pores. It exhibits hydrophobic properties that make it highly resistant to water and substances containing water. PTFE is non-reactive and widely used as a non-stick coating for various cooking equipment, such as pans, woks, and containers. PTFE membranes offer a chemically compatible, temperature-controlled barrier to bacteria and microbes, for which they are extensively utilized in the manufacturing sector. The Chemours Company’s Teflon is one of the most well-known brands for PTFE-based formulas.
Revenue from the global PTFE membrane market is poised to register a significantly high growth rate over the forecast period, owing to several growth-influencing factors. The rising applications of PTFE membranes in the chemical, water & wastewater treatment, textiles, pharmaceutical, oil & gas, and food & beverage industries is a pivotal aspect of the global market growth. In the aerospace sector, it is used in the manufacture of dry film lubricants. PTFE membranes are widely used in the buildings & construction sector for cable insulation, door surface protection, fuel hoses, and other vital components. These membranes are in high demand in the pharmaceutical sector for guidewires, dental drills, and medical tubing. They are also used to make military and fire-fighters’ uniforms due to their robust resistance to fire and extreme weather conditions.
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The leading market players include Hyundai Micro Co., Ltd., Merck Millipore Co., Sigma-Aldrich Co. LLC, Pall Corporation, Markel Corporation, Donaldson Company, Inc., Layne Christensen Company, Trinity Filtration Technologies, Sartorius AG, Corning Inc., W. L. Gore & Associates, Inc., and General Electric Company.
Key findings of the report:
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For the purpose of this report, the global PTFE membrane market has been segmented on the basis of type, pore size, application, and region:
By Type (Revenue, USD Million; 2017-2027)
By Pore Size (Revenue, USD Million; 2017-2027)
By Application (Revenue, USD Million; 2017-2027)
By Region (Revenue, USD Million; 2017-2027)
Global PTFE Membrane Market: Table of Contents
Market Overview Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2026 Chapter 3. Indicative Metrics 3.1. Macro Indicators 3.1.1. Increasing incidence of stomach related diseases 3.1.2. Increase in global demand of food industry 3.1.3. Region wise dominance of PTFE Membranes Market Chapter 4. PTFE Membranes Market Segmentation & Impact Analysis 4.1. PTFE Membranes Segmentation Analysis 4.2. PTFE Membranes Market Value Chain Analysis, 2018-2026
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