PTFE Expansion Joint: Introduction

• PTFE or Polytetrafluoroethylene is a fluoropolymer which finds application in various industries. PTFE expansion joints are flexible connectors which act a barrier to oscillating and twisting movements. PTFE expansion joints are manufactured using virgin PTFE.
• PTFE solid molded expansion joints are installed where space limitation is a factor. PTFE bellows expansion joints act as an insulator and electrical conductor. PTFE lined expansion joint is extensively used in applications where corrosive chemicals and acids are involved.
• PTFE expansion joints are used in various industries such as chemicals, HVAC, and water treatment plants. The global PTFE expansion joint market is anticipated to expand at a rapid pace during the forecast period owing to positive outlook of end-use industries.

Key Drivers and Opportunities of the Global PTFE Expansion Joint Market

• PTFE expansion joints are designed to isolate vibrations & shocks, compensate for misalignment, and to absorb expansion & contraction. PTFE expansion joints find application in highly corrosive environments, tanks, pumps, piping, etc.
• PTFE expansion joints are capable of absorbing movement and vibrations in all directions due to their flexible nature, which is expected to be the key factor driving the global PTFE expansion joint market during the forecast period.
• Growing industrialization and urbanization is also set to drive the demand for PTFE expansion joints. Moreover, rise in use of PTFE expansion joints due to their features such as temperature resistance, chemical resistance, short built-in length, and multiple applicability is expected to fuel the global PTFE expansion joint market during the forecast period.
• Companies operating in the global PTFE expansion joint market are investing to expand their distribution networks and to improve their product portfolios. They have implemented strategies such as mergers and acquisitions, joint ventures, development of new products, and expansions to cater to the increasing demand for PTFE expansion joints in different regions.

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North America to Hold Major Share in the Global PTFE Expansion Joint Market

• Geographically, the global PTFE expansion joints market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
• North America is expected to be the major consumer of PTFE expansion joints. The chemical and oil & gas industry has seen growth in the past few years and is set to drive the demand for PTFE expansion joints.
• North America will be followed by markets in Asia Pacific and Middle East & Africa. Growth in industrialization in these regions is projected to drive the demand for PTFE expansion joints during the forecast period.

Key Players Operating in the Global Market

A few of the key players operating in the global PTFE expansion joint market are:

• UIP International, Inc
• Kadant Unaflex LLC
• Pacific Hoseflex
• Flexicraft Industries
• Stenflex® Rudolf Stender Gmbh
• PROCO Products Inc.
•  The Metraflex Company Corporate:
•  Hanwel
•  Corrosion Fluid Products Corp.
• BM Europe NV