Micronized PTFE Market – Industrial Outlook & New Revenue pockets

The report, “Micronized PTFE Market by Application (Inks, Thermoplastics, Coatings, Grease & Lubricants, Elastomers), by Geography – ****** Forecast to 2019” defines and segments the Micronized PTFE market with analysis and forecast of the market size. Micronized PTFE: A projected value of $868.29 million by 2019, signifying firm annualized growth of 7.06% between 2014 and 2019

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The major players of micronized PTFE include Shamrock Technologies (U.S.), E.I. DuPont de Nemours & Company (U.S.), Daikin Industries Limited (Japan), Solvay S.A. (Belgium), Micro Powders, Inc. (U.S.), and 3M (U.S.), Asahi Glass Co. Ltd. (Japan), Chenguang Research Institute of Chemical Industry (China), and Gujarat Fluorochemicals Limited (India), Shanghai 3F New Materials Company Limited (China).

Scope of the report:

This research report segments the market on the basis of application and region along with forecast of revenue and analyzing trends in each of the submarkets.

On the basis of application: The market is segmented on the basis of application segments such as inks, thermoplastics, coatings, grease & lubricants, elastomers, and others. Each application is further described in detail in the report with value forecasts for aforementioned applications.

On the basis of region: The micronized PTFE market is segmented by regions Asia-Pacific, North America, Europe, and RoW; and they are further segmented by key countries in each region that include China, Japan, South Korea, India, the U.S., Germany, Italy, the U.K., the Netherlands, and Brazil.

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Asia-Pacific – The biggest market of micronized PTFE

PTFE micro powder or micronized PTFE is made from virgin polytetrafluoroethylene resin or recycled PTFE scrap.

The micronized PTFE market in Asia-Pacific is one of the fastest-growing consumers across the globe and is expected to continue the trend in the near future. Asia-Pacific is the biggest market for micronized PTFE, and accounted for a share of more than 38.00% of the total market size in 2013 that was majorly contributed by China. It is estimated that India is the fastest-growing market of micronized PTFE in the region. The high growth in this region is mainly driven by growing population, vast economies–developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.

Thermoplastic – The fastest-growing market for micronized PTFE

Inks are the biggest application for the micronized PTFE market, followed by thermoplastic having a combined market share of around 66.0% of the total micronized PTFE used in 2013. Inks require different additives in order to achieve the right formulation for usage in different end-user industries. The selection of additives for inks is highly critical because any deviation from the required properties may result in entire formulation being destroyed. PTFE micro powders in inks are sought out for their value-added properties such as small particle size, abrasion/rub resistance, and blocking.

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