Global Polytetrafluoroethylene (PTFE) Membrane Market 2019-2023

Global Polytetrafluoroethylene (PTFE) Membrane Market 2019-2023

  • April 2019 •
  • 144 pages •
  • Report ID: 5775104 •
  • Format: PDF
About this market
Industrial growth in emerging countries will drive the growth of the market. There has been a growing focus on domestic manufacturing in several emerging countries to meet the growing internal demand for industrial and consumer goods to reduce the dependence on imports. Rising public and private investment in the industrial sector will boost the demand for PTFE membranes as they are commonly used in manufacturing industries. Analysts have predicted that the polytetrafluoroethylene (PTFE) membrane market will register a CAGR of over 7% by 2023.

Market Overview
Growing importance of wastewater recycling and water reuse
Owing to growing population and urbanization the demand for wastewater recycling and reuse is increasing rapidly. Water consumption along with wastewater generation are rapidly increasing owing to improving standard of living of people. Thus, the growing demand for wastewater treatment chemicals is expected to drive the growth of the global PTFE membrane market.
Price fluctuation in global PTFE membrane market
Price is a major factor that determines the use of materials in the end users industry. It decides the feasibility of the products. The price of the PTFE membrane are directly dependent on its manufacturing cost. The price fluctuation will thus hinder the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the polytetrafluoroethylene (PTFE) membrane market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be moderately fragmented and with the presence of several companies including Corning Inc. and Danaher the competitive environment is quite intense. Factors such as the industrial growth in emerging countries and growing importance of wastewater recycling and water reuse, will provide considerable growth opportunities to polytetrafluoroethylene (PTFE) membrane system manufactures. Corning Inc., Danaher, Donaldson Company Inc., General Electric, Merck KGaA, and W. L. Gore & Associates Inc. are some of the major companies covered in this report.