Title: The Asia-Pacific PTFE Market is estimated to reach $1010.15 million by 2019
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- The Asia-Pacific PTFE Market is estimated to
reach 1010.15 million by 2019
2Asia-Pacific PTFE Market is estimated to grow at
a CAGR of 8.3 from 2013 to 2018, driven by huge
investments from manufacturing companies in
end-user industries. Key Players in the
Asia-Pacific PTFE market are Dongyue Group Co.,
Ltd. (China), Gujarat Fluorochemicals Ltd.
(India), and Chenguang Research Institute of
Chemical Industry (China). A rapidly growing
manufacturing sector in the developing regions is
impacting the demand of polytetrafluoroethylene
in the Asia-Pacific market. As a result, its
consumption is expected to grow in industrial
goods and paint and coating applications in
Asia-Pacific.
3 Browse through the market data tables, figures
and detailed ToC on the Asia-Pacific PTFE
Market. http//www.micromarketmonitor.com/market
/asia-pacific-polytetrafluoroethylene-1006179864.h
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4 - PTFE is a versatile engineering plastic
manufactured from tetrafluoroethylene (TFE),
which in turn is prepared by pyrolysis of
chlorodifluoromethane. PTFE has high inertness to
chemicals, resistance to solvents, lowest
coefficient of friction, low dielectric constant
and dissipation factor, excellent insulation
properties, and a wide operating temperature
range. PTFE is also very slick and slippery,
which makes it an excellent material for coating
machine parts which are subjected to heat, wear,
and friction. It is also useful as a coating for
cookware and utensils.
5 - The global consumption of polytetrafluoroethylene
is driven by the Asia-Pacific market. The
countries in the region include China, India,
Japan, and South Korea. - In 2013, China led the market in terms of
consumption of the polytetrafluoroethylene
market, followed by Japan and South Korea.
Companies are investing and expanding to reach
global competition and are contributing to GDP
growth, which is the major factor aiding the
growth of the polytetrafluoroethylene market in
the region.
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