Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Global PTFE Market to Reach USD 6,440.0 Million by 2020  Join our daily free Newsletter

MENAFN Press - 01/09/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) 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
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
Automotive applications, majorly in equipment manufacturing, dominated PTE 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


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.)


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, USA
Grand View Research, Inc
Phone:1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com


About Grand View Research, Inc
Grand View Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services.

 


MENAFN Press




  MENA News Headlines
 Jul 1 2016 - Qatar, Indonesia join forces in gas searchMENAFN
(MENAFN) Indonesia is seeking partnership with Qatari top firms such as Qatar Petroleum or RasGas for gas exploration on its land, based on recent reports.Indonesia already sees and realizes the ...

 Jul 1 2016 - UAE seeks for India to be top business partnerMENAFN
(MENAFN) India is forecasted to surpass Japan as the top export destination of the UAE by the year 2030, according to the latest reports.Japan and India stood at 11 percent and 6 percent respectively ...

 Jul 1 2016 - Omani Port of Salalah initiates new crucial line servicesMENAFN
(MENAFN) Oman's Port of Salalah, a key Arab Gulf region gateway port for the Arabian Sea, is going to have French-based CMA CGM, the world's third-largest container shipping line adding two new ...

 Jul 1 2016 - Kuwait oil price up 54 cents to USD44.66 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- The price of Kuwait oil went up by 54 cents to reach USD 44.66 per barrel Thursday after trading at USD 44.12 pb the day before, said ...

 Jul 1 2016 - Sabbiyah shrimp project to achieve production boom - studyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- The proposed Sabbiyah shrimp farming project expected to be a leading one is designed to achieve a production boom to meet the rising ...

 Jul 1 2016 - Kuwait- No makeshift eid prayer locations -- ministryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- Eid Al-Fitr prayers will be confined to mosques and no makeshift prayer places will be set up, the Ministry of Awqaf and Islamic Affairs ...

 Jul 1 2016 - Kuwait- His Highness the Amir congratulates Rwanda on nat'l dayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent a cable of congratulations Friday to Rwanda''s President Paul Kagame ...

 Jul 1 2016 - Kuwait- His Highness the Amir congratulatesc Canada on nat'l dayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent a cable of congratulations Friday to General Governor of Canada David ...

 Jul 1 2016 - Kuwait- His Highness the Amir congratulates Burundi on nat'l dayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 1 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent a cable of congratulations Friday to Burundi''s President Pierre ...

 Jul 1 2016 - Saudi Arabia condemns Bahrain blastKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) JEDDAH, July 1 (KUNA) -- Saudi Arabia has condemned "the terrorist act" that happened in eastern Bahrain killing a woman and injuring her children. The official ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help