“Global PTFE Membrane Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global PTFE membrane market report has been segmented on the basis of type, application, and region.
PTFE Membrane Market: Introduction
Polytetrafluoroethylene (PTFE) membrane is non-reactive filter media used in a various application that involve bases, acids, solvents and different liquids. PTFE membrane are used in the industrial applications such as temperature, mineral production, humidity, dust, power generation, and pharmaceutical and chemical processing to monitor standards for quality of product and effluents and gases released.
PTFE membrane technology is used in various applications such as high tech aerospace movement which requires development of dry film lubricant, to the non-stick frying pan surfaces known as Teflon. In addition, PTFE self-lubricated membranes are utilized in machineries, high-performance film, fabrics woven, and medical devices with PTFE membrane as protective shield against chemical or microbial attack. PTFE membrane are classified based on mechanism, the membrane gets wet with water and low surface tension liquids. PTFE membranes provide filtration of air, fluids, and gases.
PTFE Membrane Market: Dynamics
Increasing adoption for PTFE membrane across various end-use industries including industrial filtration and medical and pharmaceutical is a factor expected to propel the global market growth. In addition, increasing demand for PTFE membrane form electronics and electrical, automotive, textiles, and architecture industries is a key factor expected to propel the global market growth in the years to come.
In addition, rising demand for PTFE membrane in the water and wastewater management is among another factor expected to propel the target market growth over the years to come. Increasing demand for PTFE membrane products from various manufacturing industries in developed countries is additional factor expected to augment the global market growth.
However, high cost associated PTFE membrane is a factor estimated to restraint the target market growth. In addition, high capital investment is another factor projected to challenges the global market growth to significant extent.
PTFE Membrane Market: Segment Insights
Among the type segments, the hydrophobic segment is expected to witness higher revenue share in the global PTFE membrane market, owing to various properties such as thermally stability, inertness, high chemical compatibility, ease in sealing and handling, excellent particle retention, high flow rates, filtration efficiency, and compatibility with sterilization. Hydrophilic segment is anticipated to register highest CAGR over the forecast period. This is due to its demand in various applications, such as medical and pharmaceutical, electronic chemicals, and chemical processing.
Among the application segments, the industrial filtration segment is expected to record major revenue share in the global PTFE membrane market, owing to increasing adoption of PTFE membrane in the filtration applications such as food & beverage and petrochemical. The water and wastewater treatment is fastest-growing segment, owing to growing water treatment schemes across the globe, coupled with increasing water treatment and purification of industrial wastewater.
PTFE Membrane Market: Region Insights
Asia Pacific PTFE membrane market is projected to record highest revenue share contribution in the global PTFE membrane market, owing to increasing demand for PTFE membranes from the pharmaceutical and medical and electronics and electrical industries. Asia Pacific market is expected to register highest revenue growth, owing to increasing demand from automotive and textile industries and rapid development in construction sectors in the countries in region.
Global PTFE membrane market segmentation:
Segmentation by Type:
Segmentation by Application:
- Industrial Filtration
- Medical & Pharmaceutical
- Water & Waste Water Treatment
- Others (Electronics & Electrical, Automotive, Textiles, and Architecture)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- General Electric Company
- Pall Corporation
- L. Gore & Associates, Inc.
- Corning Incorporated
- Merck Millipore Limited
- Donaldson Company, Inc.
- Hyundai Group Co., Ltd.
- Layne Christensen Company
- Markel Corporation
- Sartorius AG
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