Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Global PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, PTFE Fiber- Made Fabric), End-Use Industry (Food, Construction, Filtration, Medical), and Region (North America, Europe, APAC, South America, and MEA) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global PTFE fabric market size is projected to grow from USD 0.9 billion in 2022 to USD 1.1 billion by 2027, at a CAGR of 5.7% between 2022 and 2027.
Rising demand from emerging markets and growing industrialization are expected to offer significant growth opportunities to manufacturers of PTFE fabric.
The food segment accounted for the largest share in the PTFE fabric market in terms of value
PTFE fabric plays a vital role in the food industry. PTFE fabric is the preferred material for food-grade non-stick coatings. It is widely used in non-stick cookware and other items. The key advantages of PTFE fabric are anti-friction and non-flammability. The material is also hydrophobic and non-toxic, useful in the food industry.
PTFE coated fabric is the fastest growing PTFE fabric type
PTFE coated fabric is the highest quality architectural membrane for tensile structures. PTFE coated fabric consists of a fiberglass fabric, aramid, or a polyester fabric which is coated with PTFE to improve its strength and heat resistance. PTFE coated fabric is widely used for making conveyor belts in the food processing industry. This fabric is also used in the construction industry for roofing applications. Additionally, it is used to make PTFE adhesive tapes.
North America is estimated to be the second-largest market for PTFE fabric
North America is the second-largest market for PTFE fabric. The US, Canada, and Mexico are the major countries in the North American region. The region has a strong industrial base in developed economies, such as the US, Canada, and Mexico. Some of the major players operating in the PTFE fabric market are based in this region, such as Taconic, W.L. Gore Associates, The Chemours Company, and Birdair.
Competitive landscape
The key players in this market are Taconic (US), Saint Gobain Performance Plastics (France), Fiberflon(Turkey), W.L. Gore Associates(US), Daikin Industries (Japan), The Chemours Company (US), Chukoh Chemical Industries(Japan), Birdair (US), Sefar (Switzerland), and W. F. Lake Corporation (US).
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 212 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value (USD) in 2022 | $899.64 Million |
| Forecasted Market Value (USD) by 2027 | $1185.86 Million |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
Premium Insights
- High Growth Potential in Asia-Pacific During Forecast Period
- China Led Ptfe Fabric Market in Asia-Pacific
- Ptfe Coated Fabric Segment to Dominate Overall Market
- Food Segment to Lead Market During Forecast Period
- India to be Fastest-Growing Market During Forecast Period
Market Dynamics
Drivers
- High Demand for Ptfe Fabric in Automotive Industry
- Growing Demand for Ptfe-Coated Woven Fabric as Architectural Fabric
- Increasing Consumption of Composite Fabric for Industrial Applications
Restraints
- High Cost of Ptfe Coated Fabric Compared with Pvc Coated Fabric
- Environmental Impact of Ptfe Fabric Manufacturing
Opportunities
- Increasing Investments in Food Processing Industry in Emerging Countries
- Increasing Opportunities from Medical Industry
Challenges
- Volatility in Raw Material Prices
- Non-Biodegradability of Ptfe Fabric
Technology Analysis
- Quick Freeze Belts
- Eco-Friendly Textile with Low Friction Ptfe
Case Studies
- W.L. Gore & Associates
- Birdair
Company Profiles
Key Players
- Taconic
- Saint-Gobain Performance Plastics
- W.L. Gore & Associates
- Daikin Industries
- The Chemours Company
- Birdair
- Chukoh Chemical Industries
- Fiberflon
- Sefar
- W.F. Lake Corporation
Other Players
- Fothergill Group
- Aetna Plastics
- Siftex Equipment Company, Inc
- Textiles Coated International
- Zhejiang Kertice Hi-Tech Fluor-Material Co., Ltd.
- Eder
- Toss GmbH & Co. Kg
- Techbeltl
- Asahi Glass Co. Ltd.
- Urja Fabrics
- Honda Sangyo Co. Ltd.
- Qingdao Bocheng Industrial Co. Ltd.
- Curbell Plastics
- Om Industrial Fabrics
- Cs Hyde Company
For more information about this report visit https://www.researchandmarkets.com/r/e1hzgf
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