Polytetrafluoroethylene (PTFE) fabric market has been witnessing an exponential rise over the past few years as it has become an integral material in the production of several industrial goods. It is largely being used for coating non-woven and flexible-woven materials such as woven wire, glass fiber cloth, and aramid fabrics as it offers excellence resistance to fire. Properties such as non-stick, friction-free, and non-brittle are also expected to win the global PTFE fabric market a definite consumer base between the forecast years of 2016 and 2024.
The research report by Transparency Market Research provides a detailed outlook of the global PTFE market. The publication has been compiled using primary and secondary research methodologies to offer its readers an accurate evaluation of the market dynamics impacting the demand and supply of PTFE fabric. Furthermore, the research report also includes a SWOT and a Porter’s five forces analysis for a comprehensive scrutiny of the global market.
Global PTFE Fabric Market: Drivers and Trends
The PTFE fabric has been designed to be chemically inert and are known to remain intact under extreme temperatures up to 73 degrees Celsius to 232 degrees Celsius. This has been the underlying reason for the swift uptake of PTFE fabric in a wide range of industry starting from construction and stretching up to packaging. The self-cleaning properties of PTFE fabric has proven to be an asset to builders, ensuring consistent usage of these fabrics in the building and construction industry.
The global market will also be driven by adoption of PTFE fabrics for the production of gaskets, seals, and bearings for chemicals, gases, oils, chutes, hoppers, hot platens, and troughs as they are known to be non-sticky. The chemical industry will also be a loyal consumer of PTFE fabric as they are being used for making lining materials for piping compensators in the near future.
Some of the leading players operating in the global PTFE fabric market are Urja Fabrics, Saint-Gobain Performance Plastics Corporation, Daikin industries Ltd, Fiberflon GmbH & Co. KG, Birdair Inc, Fothergill Group, and W.L. Gore & Associates Inc.