Worldwide Polytetrafluoroethylene (PTFE) Market To 2020: Global Industry Size,Share,Trends And Forecast Research Report

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Grand View Research has announced the addition of " Global Polytetrafluoroethylene (PTFE) Market To 2020" Industry report to their Database



SanFrancisco, California, USA., December 25, 2013 - (PressReleasePoint) -

Global PTFE sales were estimated at USD 3,465.0 million in 2012, and are expected to reach USD 6,440.0  million by 2020, growing at a CAGR of 8.1% from 2013 to 2020, according to new Market Research Report recently published by Grand View Research, which also estimates global PTFE consumption to reach 524.1 kilo tons by 2020.

The growing market for non-stick cookware, which uses PTFE, widely in Dupont’s Teflon form is expected to continue to be a stable growth avenue for market participants. Additionally, a surge in coating demand for wires and cables and the global trend in automotive weight reduction is also expected to provide multiple growth avenues to the PTFE industry. Volatile fluorspar supply and environmental concerns regarding Perfluorooctanoic acid (PFOA) content are expected to be roadblocks for PTFE manufacturers over the next six years.

The report “Polytetrafluoroethylene (PTFE) Industry Trends And Market Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/Polytetrafluoroethylene-Industry

Further Key findings from the study suggest:

  • Granular PTFE dominated the product market, accounting for over 32% of global volumes in 2012, sales were strongest in Asia Pacific, with consumption expected to reach 67.2 kilo tons in 2020, growing at a CAGR of over 10% from 2013 to 2020
  • Powdered PTFE, both in micro-powder and fine-powder form accounted for over 43% of global volumes in 2012. Powdered PTFE is commonly used in aerospace, automotive, wire coatings and textile membranes

Press Contact:
Sherry James
Grand View Research, Inc.
28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
1-415-349-0058
http://www.grandviewresearch.com/
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