Micronized PTFE Market - Global Forecast to 2019

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MarketsandMarkets Presents

• Micronized PTFE Market
• Global Forecast to 2019

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• Micronized PTFE is prepared by irradiation or
  thermal decomposition of virgin PTFE or PTFE
  scrap. Direct polymerization under controlled
  conditions may also be used to produce low
  molecular weight PTFE micro powders. The
  micronized PTFE market has grown rapidly during
  the past few years and is expected to continue
  the trend in the next five years. The growth is
  mainly driven by the growing demand in the
  Asia-Pacific region. Asia-Pacific is the biggest
  market followed by North America and Europe,
  which together accounted for more than 90.00
  market share in 2013.
• The U.S. is the biggest market for micronized
  PTFE, followed by China, and is projected to grow
  at a CAGR of 7.08 between 2014 and 2019. The
  European market is comparatively mature with a
  consumption growth rate well below the average
  market growth. Thermoplastic is the
  fastest-growing application segment of micronized
  PTFE growing at a CAGR of 7.04 between 2014 and
  2019.

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• http//www.marketsandmarkets.com/Market-Reports/mi
  cronized-ptfe-market-75866552.html
• The micronized PTFE market has witnessed a
  significant growth in the recent years, and this
  growth is projected to persist in the coming
  years. Due to its characteristic properties such
  as wear and abrasion resistance, low friction
  coefficient, flame retarding properties, and
  tensile strength is used as additive in a wide
  range of applications such as inks,
  thermoplastics, coatings, grease lubricants,
  and elastomers. The use of PTFE micro powders has
  been increasing over the years due to increase in
  the demand of high performance polymers that
  operate under extreme conditions of temperature
  and pressure.

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• Currently, the Asia-Pacific is the biggest market
  of micronized PTFE, accounting for 38.00 of the
  total market size in terms of value in 2013.
  Among all the countries, the U.S. dominates the
  micronized PTFE market, which had the maximum
  market share of micronized PTFE in 2013.
  Thermoplastic is the fastest-growing application
  segment of micronized PTFE, followed by grease
  lubricants having the small market size for PTFE
  micro powders. The European market is expected to
  show the lowest CAGR of 5.65 between 2014 and
  2019. Growing innovation and developments in the
  micronized PTFE consumer industries for better
  products are directly affecting the rise in the
  use of PTFE micro powders. The excessive growth
  and innovation, along with industry
  consolidations, are projected to ascertain a
  bright future for the industry in the region.

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