Uploaded on Aug 18, 2020
Rising concern for clean water treatment and applications of PTFE Membrane in the oil and gas industry is fueling the market.
PTFE Membrane Market
PTFE Membrane Market
To Reach USD 3.01
Billion By 2026
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Market Summary
Market Size – USD 1.94 Billion in 2018, Market Growth - CAGR of 5.5%, Market Trends – Growing
adoption in sports and military.
The global PTFE Membrane market is expected to reach USD 3.01 Billion by 2026, according to a new
report by Reports and Data. Polytetrafluoroethylene or PTFE is a fluorocarbon solid. It belongs to
thermoplastic polymer class and has high tensile strength, self-lubricating, and enhanced flexibility
properties among others.
Further key findings from the report suggest
• PTFE Membrane is a non-reactive filter media that is used in applications involved in acid, bases,
solvents and other liquids.
• It is used in aerospace for the development of dry film lubricant. Its application includes cable
insulation, fuel hoses, door surface protection, and other assembling parts.
• The best-known brand for PTFE is Teflon. It is coated in frying pans and other cookware. It is often
used in pipework and containers for reactive and corrosive chemicals.
• Medical use of the membrane is booming. It is found in dental drills, guidewires that steer devices
through the body and medical tubing.
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Market Summary
Key Players:
Markel Corporation, Layne Christensen Company, Hyundai Micro Co., Ltd., Donaldson Company, Inc., Merck
Millipore Co., Sartorius AG, Corning Inc., W. L. Gore & Associates, Inc., Pall Corporation and General Electric
Company.
Segmentation:
Type Outlook (Revenue, USD Million; 2018-2026)
Hydrophilic
Hydrophobic
Unlaminated
Laminated
Pores Size Outlook (Revenue, USD Million; 2018-2026)
1μm
2μm
45μm
65μm
8μm
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Market Summary
Application Outlook (Revenue, USD Million; 2018-2026)
Industrial Filtration
Textiles
Medical & Pharmaceuticals
Water and Wastewater Treatment
Architecture
Petrochemical & Chemical Processing
Regional Outlook for PTFE Membrane Market analyses the following geographies:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying
causes?
Q.4.Which factors are impacting the future of the market and what are the driving
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast
period?
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