Global PTFE (Polytetrafluoroethylene) Market to Reach USD 6,440.0 Million by 2020: GrandViewResearch, Inc
Market-Research
GrandViewResearch.com has announced the addition of "Global PTFE (Polytetrafluoroethylene) Market Analysis And Segment Forecasts To 2020" Market Research report to their Database
San Francisco, CA, March 25, 2014 -- Global PTFE (Polytetrafluoroethylene) 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 at http://www.grandviewresearch.com/industry-analysis/Polytetrafluoroethyle...
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
• Automotive applications, majorly in equipment manufacturing, dominated PTFE demand in 2012, accounting for close to 28% of global volumes in 2012. Asia Pacific PTFE sales for automotive equipments are expected to reach USD 614.4 million by 2020, growing at a CAGR of over 8% from 2013 to 2020
• Industrial and electronic applications together accounted for over 48% of global PTFE volumes in 2012
• Asia Pacific is expected to maintain market dominant position, and is expected to account for over 37% of global PTFE consumption by 2020. North America PTFE demand was estimated to be 76.8 kilo tons in 2012 and is expected to reach 155.7 kilo tons by 2020, growing at a CAGR of 9.3% from 2013 to 2020
• The global market is highly concentrated, with top four participants accounting for over 65% of total sales in 2012. DuPont, Daikin, Solvay, 3M and Arkema are key participants in the PTFE industry, accounting for over 70% of the global production capacity in 2012
Sample Request of this Report @ http://www.grandviewresearch.com/request/52
Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/52
The global PTFE market has been broken down in to the following segments:
• PTFE Application Outlook
- Industrial Processing
- Electronics
- Automotive & Transportation
- Others (Cookware, Construction, Textiles etc.)
• PTFE Product Outlook
- Granular
- Micro-powder
- Fine-powder
- Others (Dispersion, Liquid, etc.)
• PTFE Regional Outlook
- North America
- Europe
- Asia Pacific
- RoW
Latest Market Research Published By Grand View Research:
Global Coal Bed Methane (CBM) Market to Reach USD 17.31 Billion by 2020 (http://www.grandviewresearch.com/industry-analysis/coal-bed-methane-indu... ) Global CBM (Coal Bed Methane) market is expected to reach USD 17.31 billion by 2020, growing at a CAGR of 5.9% from 2014 to 2020. Unconventional CBM reserves, especially in coal-rich regions are increasingly gaining the spotlight as the industry strives for energy independence. Exploration and commercialization of unconventional hydrocarbon energy sources is seen as a critical step by energy agencies, to stabilize the energy supply-demand gap in the coming years. With CBM being a pure natural gas form, producers and consumers also have the opportunity to obtain much needed carbon credits and tax incentives.
Global Intelligent Transportation Systems (ITS) Market Expected to Reach USD 38.68 Billion by 2020 (http://www.grandviewresearch.com/industry-analysis/Intelligent-Transport... ) The global market for intelligent transportation systems is expected to reach USD 38.68 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for optimizing fuel consumption and reducing emissions is expected to be the key driving force for the market. ITS aids in reducing incidents such as road accidents and boost safety, which is estimated to positively impact demand over the next six years. Increasing need for enhancing existing transportation networks coupled with demand for alleviating traffic congestion is expected to fuel market growth during the forecast period.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com
Contact:
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com
San Francisco, CA, March 25, 2014 -- Global PTFE (Polytetrafluoroethylene) 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 at http://www.grandviewresearch.com/industry-analysis/Polytetrafluoroethyle...
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
• Automotive applications, majorly in equipment manufacturing, dominated PTFE demand in 2012, accounting for close to 28% of global volumes in 2012. Asia Pacific PTFE sales for automotive equipments are expected to reach USD 614.4 million by 2020, growing at a CAGR of over 8% from 2013 to 2020
• Industrial and electronic applications together accounted for over 48% of global PTFE volumes in 2012
• Asia Pacific is expected to maintain market dominant position, and is expected to account for over 37% of global PTFE consumption by 2020. North America PTFE demand was estimated to be 76.8 kilo tons in 2012 and is expected to reach 155.7 kilo tons by 2020, growing at a CAGR of 9.3% from 2013 to 2020
• The global market is highly concentrated, with top four participants accounting for over 65% of total sales in 2012. DuPont, Daikin, Solvay, 3M and Arkema are key participants in the PTFE industry, accounting for over 70% of the global production capacity in 2012
Sample Request of this Report @ http://www.grandviewresearch.com/request/52
Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/52
The global PTFE market has been broken down in to the following segments:
• PTFE Application Outlook
- Industrial Processing
- Electronics
- Automotive & Transportation
- Others (Cookware, Construction, Textiles etc.)
• PTFE Product Outlook
- Granular
- Micro-powder
- Fine-powder
- Others (Dispersion, Liquid, etc.)
• PTFE Regional Outlook
- North America
- Europe
- Asia Pacific
- RoW
Latest Market Research Published By Grand View Research:
Global Coal Bed Methane (CBM) Market to Reach USD 17.31 Billion by 2020 (http://www.grandviewresearch.com/industry-analysis/coal-bed-methane-indu... ) Global CBM (Coal Bed Methane) market is expected to reach USD 17.31 billion by 2020, growing at a CAGR of 5.9% from 2014 to 2020. Unconventional CBM reserves, especially in coal-rich regions are increasingly gaining the spotlight as the industry strives for energy independence. Exploration and commercialization of unconventional hydrocarbon energy sources is seen as a critical step by energy agencies, to stabilize the energy supply-demand gap in the coming years. With CBM being a pure natural gas form, producers and consumers also have the opportunity to obtain much needed carbon credits and tax incentives.
Global Intelligent Transportation Systems (ITS) Market Expected to Reach USD 38.68 Billion by 2020 (http://www.grandviewresearch.com/industry-analysis/Intelligent-Transport... ) The global market for intelligent transportation systems is expected to reach USD 38.68 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for optimizing fuel consumption and reducing emissions is expected to be the key driving force for the market. ITS aids in reducing incidents such as road accidents and boost safety, which is estimated to positively impact demand over the next six years. Increasing need for enhancing existing transportation networks coupled with demand for alleviating traffic congestion is expected to fuel market growth during the forecast period.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com
Contact:
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com