The global polytetrafluoroethylene (PTFE) market is estimated to scale up to USD 7.1 Billion with a remarkable CAGR of around 12.1% during the assessment period (2018-2023), as reported by Market Research Future (MRFR).
Polytetrafluoroethylene, aka PTFE, is a fluorocarbon solid that is formed through the process of polymerization of the monomer tetrafluoroethylene (TFE). As PTFE is non-reactive in nature, it is extensively used in pipeworks and containers for reactive and corrosive chemicals. It is even used as a lubricant due to its striking ability of reducing the consumption of wear and fuel in machinery and as graft material in the ... Read more
