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PTFE Fabric Market worth 908.1 million USD by 2023


(, March 19, 2020 ) The report "PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, and PTFE Fiber-Made Fabric), End-Use Industry (Food, Construction, Filtration), and Region (Asia Pacific, North America, Europe, South America) - Global Forecast to 2023", The PTFE fabric market is projected to grow from USD 690.8 million in 2018 to USD 908.1 million by 2023 at a CAGR of 5.6% from 2018 to 2023.

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High demand for PTFE fabrics in the automotive industry, growing demand for PTFE coated fabrics in the construction industry, and increasing consumption of composite fabrics for industrial applications are the key factors driving the growth of the PTFE fabric market.

The PTFE coated fabric type segment is estimated to account for the largest share of the PTFE fabric market in 2018.

On the basis of type, the PTFE coated fabric segment is estimated to account for the largest share of the PTFE fabric market in 2018. There is a high demand for PTFE coated fabrics from the food and construction end-use industries. These coated fabrics are widely used in the construction industry owing to their durability and longer shelf life. Being FDA approved, they are also in high demand in the food industry, mainly for use in food processing and food packaging.

The food end-use industry segment is estimated to account for the largest share of the PTFE fabric market in 2018.

Based on end-use industry, the food segment is estimated to account for the largest share of the PTFE fabric market in 2018. PTFE fabrics are FDA-approved and are widely used in the food industry in food processing and food packaging.

Don't miss out on business opportunities in PTFE Fabric Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "PTFE Fabric Market”
153 - Market Data Tables
32 - Figures
142 - Pages

The Asia Pacific region is estimated to be the largest market for PTFE fabric in 2018.

By region, Asia Pacific is estimated to account for the largest share of the PTFE fabric market in 2018. The region is home to leading PTFE fabric manufacturers, such as Chukoh Chemical Industries (Japan) and Daikin Industries (Japan). Increased investments in the food processing industry are expected to fuel the growth of the PTFE fabric market in the Asia Pacific region between 2018 and 2023.

Taconic (US), FIBERFLON (Turkey), Saint-Gobain Performance Plastics (France), W. L. Gore & Associates, Inc. (US), Chukoh Chemical Industries (Japan), Daikin Industries (Japan), Sefar AG (Switzerland), Fothergill Group (UK), Birdair (US), and W.F. Lake Corp. (US) are some of the leading players operating in the PTFE fabric market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Sanjay Gupta


Source: EmailWire.Com

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