Key Players in the North American Polytetrafluoroethylene market are E.I. du Pont de Nemours and Company (U.S.), The 3M Company (U.S.)
(PRWEB) November 05, 2014
Polytetrafluoroethylene or PTFE is a versatile engineering plastic manufactured from tetrafluoroethylene (TFE), which in turn is prepared by pyrolysis of chlorodifluoromethane. PTFE is a semi-crystalline plastic that does not absorb visible or UV electromagnetic radiation and has good chemical resistance and dielectric properties.
The report on the North American Polytetrafluoroethylene market defines and segments the polytetrafluoroethylene market in North America with analysis and forecast of revenue.
Browse through the TOC of the North America Polytetrafluoroethylene Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American polytetrafluoroethylene market, and is supported
by various tables and figures.
PTFE possesses an exceptional combination of useful properties such as 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. These unique properties make it a valuable plastic for various applications. 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.
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In the North American region, polytetrafluoroethylene has been used for over a century because of its unique properties. It remains at a reassuring position for existing players in the market. For the foreseeable future, a growing population will require housing, transport, and household equipment, and this in turn will increase the demand for polytetrafluoroethylene. The countries included in the region are U.S., Canada, and Mexico. The polytetrafluoroethylene market in North America is the third-largest market and is expected to grow at a moderate CAGR owing to slow growth in the region. In 2013, the U.S. was the largest consumer of PTFE in North America.
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This report covers the North American polytetrafluoroethylene market, which has been segmented on the basis of end-user industry, type, application, and geography. Major applications of polytetrafluoroethylene include filled polytetrafluoroethylene, industrial goods, and paints and coatings.
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Europe PolytetraFluoroethylene Market
Polytetrafluoroethylene or PTFE, as it is commonly known, is a versatile engineering plastic and is the most dominant fluoropolymer which accounts for more than half of the fluoropolymer consumption worldwide.
The polytetrafluoroethylene market in Europe is witnessing high growth because of an increase in the number of applications. This market is projected to reach $615.85 million by 2019, growing at a CAGR of 5.5% from 2014 to 2019. The key driver of the market is the strong chemical processing and mechanical industrial base.
The European polytetrafluoroethylene market is segmented on the basis of end-use industries such as automotive, chemical processing, semiconductor, food & household, textile, medical, electronics, construction, mechanical, and others. Each industry is further segmented on the basis of its industry applications, such as industrial goods, coatings, filled PTFE, and others.
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