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Global Polytetrafluoroethylene (PTFE) Fabric Market Share, Analysis, Growth, Forecast: By Type: PTFE Coated, Nonwoven PTFE Fabric, PTFE Fibre-Made Fabric, Others; By Application: Food, Construction, Filtration, Medical, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Polytetrafluoroethylene (PTFE) Fabric Market Outlook
The global polytetrafluoroethylene (PTFE) fabric market size reached a value of approximately USD 805.3 million in 2022. The market is expected to grow at a CAGR of 6.0% between 2023 and 2028, reaching a value of USD 1137.1 million by 2028.
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Key Trends in the Market
Polytetrafluoroethylene fabric, which is also known as PTFE fabric or heat-sealing fabric, is a hydrophobic and versatile fluoropolymer that is made up of fluorine and carbon atoms. It has several properties that makes it a versatile material such as resistance to high temperature, non-wetting, excellent electrical properties, and high density.
- Increasing demand for PTFE fabric from the food processing industry due to the material’s non-sticking and non-wetting properties is a major factor fuelling the PTFE fabric market growth. Food processing industries worldwide are increasing the demand for conveyor belts to aid in simplification of food packaging processes, further boosting the of PTFE fabric for conveyer belts in food processing.
- The durability and temperature resistant properties of PTFE fabric have increased their use across multiple industries where filtration applications are necessary. Another key PTFE fabric market trend boosting the demand for polytetrafluoroethylene fabric is its non-sticking property along with thermal stability and inertness.
- Technological advancements and development of new PTFE fabric products are expanding the growth of market. The introduction of innovations such as 3D printing technology has helped in enhancing the properties of the PTFE fabric such as strength and flexibility, increasing applications.
Global Polytetrafluoroethylene (PTFE) Fabric Market Analysis
Based on type, the market is segregated into PTFE coated, nonwoven PTFE fabric, and PTFE fibre-made fabric, among others. On the basis of application, the market is categorised into food, construction, filtration, and medical, among others. Based on region, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global polytetrafluoroethylene (PTFE) fabric market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Taconic
- Saint-Gobain Limited
- Fiberflon GmbH & Co. KG
- W. L. Gore & Associates, Inc
- Daikin Industries, Ltd
- The Chemours Company LLC
- W.F. Lake Corporation
- Fothergill Group
- 3M Company
- AGC, Inc
- Others
Global PTFE Fabric Market Share by Type
PTFE coated type held a large share of the market for of PTFE fabric owing to its various applications, as it is widely used in the making of conveyor belts for the food processing industries and in the construction sector for roofing, among others. It has a high-quality architectural membrane and excellent properties such as chemical inertness, low coefficient of friction, microwave resistance, non-sticky surface, high tensile strength, non-toxicity, and temperature resistance. Moreover, its ability to provide protection against corrosion, water, and friction is expected to further enhance its growth in the market.
Global PTFE Fabric Market Share by Region
The Asia Pacific is anticipated to hold a sizable share of the market for PTFE fabric the forecast period owing to the increasing demand from several end use industries such as chemical processing, pharmaceutical, and printing, among others. Rising population coupled with the growing urbanisation and industrialisation are also contributing to the growth of the PTFE fabric market in the Asia Pacific region. Raw materials and labour force are available at a lower cost, reducing the final cost of products, thereby increasing the demand for PTFE fabric in the Asia Pacific.
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Competitive Landscape
Taconic was founded in 1952 and has its headquarters in New York, United States. It is a biotechnology company that specialises in microbiome, integrated model design and breeding services, genetically engineered rat and mouse models, and immune-oncology mouse models.
Saint-Gobain Limited was established in 2010 and is based out of California in the United States. The company is widely known for designing, manufacturing, and marketing solutions and products for mobility, industrial, and construction markets.
Fiberflon GmbH & Co. KG was founded in 1988 and is headquartered in Tekirdag, Turkey. It is a plastics manufacturing company that manufactures and supplies Teflon coated fibreglass fabrics, silicone baking mats, high temperature resistant conveyor belts, and Kevlar fabrics, among other products.
Other market players include W. L. Gore & Associates, Inc, Daikin Industries, Ltd, The Chemours Company LLC, W.F. Lake Corporation, Fothergill Group, 3M Company, and AGC, Inc, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polytetrafluoroethylene (PTFE) Fabric Market Analysis
8.1 Key Industry Highlights
8.2 Global Polytetrafluoroethylene (PTFE) Fabric Historical Market (2018-2022)
8.3 Global Polytetrafluoroethylene (PTFE) Fabric Market Forecast (2023-2028)
8.4 Global Polytetrafluoroethylene (PTFE) Fabric Market by Type
8.4.1 PTFE Coated
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Nonwoven PTFE Fabric
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 PTFE Fibre-Made Fabric
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Polytetrafluoroethylene (PTFE) Fabric Market by Application
8.5.1 Food
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Construction
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Filtration
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Medical
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Polytetrafluoroethylene (PTFE) Fabric Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Polytetrafluoroethylene (PTFE) Fabric Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Polytetrafluoroethylene (PTFE) Fabric Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Polytetrafluoroethylene (PTFE) Fabric Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Polytetrafluoroethylene (PTFE) Fabric Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Polytetrafluoroethylene (PTFE) Fabric Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Taconic
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Saint-Gobain Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Fiberflon GmbH & Co. KG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 W. L. Gore & Associates, Inc
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Daikin Industries, Ltd
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 The Chemours Company LLC
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 W.F. Lake Corporation
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Fothergill Group
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 3M Company
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 AGC, Inc
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Polytetrafluoroethylene (PTFE) Fabric Market: Key Industry Highlights, 2018 and 2028
2. Global Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Polytetrafluoroethylene (PTFE) Fabric Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Polytetrafluoroethylene (PTFE) Fabric Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Polytetrafluoroethylene (PTFE) Fabric Market Structure
Key Questions Answered in the Report
The market size reached a value of approximately USD 805.3 million in 2022.
The market is expected to grow at a CAGR of 6% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 1137.1 million by 2028.
Increasing demand from food processing industries, growing urbanisation, and expansion of the construction sector are the major market drivers.
The key trends of the market are the beneficial properties of PTFE fabric such as durability and temperature resistance and technological advancements in PTFE products and production.
The various applications of PTFE fabric are food, construction, filtration, and medical, among others.
The fifferent types of PTFE fabrics are PTFE coated, nonwoven PTFE fabric, and PTFE fibre-made fabric, among others.
Key players in the PTFE fabric market are Taconic, Saint-Gobain Limited, Fiberflon GmbH & Co. KG, W. L. Gore & Associates, Inc, Daikin Industries, Ltd, The Chemours Company LLC, W.F. Lake Corporation, Fothergill Group, 3M Company, and AGC, Inc, among others.
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