PUBLISHER: QYResearch | PRODUCT CODE: 1128941
PUBLISHER: QYResearch | PRODUCT CODE: 1128941
Due to the COVID-19 pandemic, the global Micronized PTFE market size is estimated to be worth US$ 223.81 million in 2022 and is forecast to a readjusted size of US$ 247.15 million by 2028 with a CAGR of 1.67% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Virgin PTFE Material accounting for 92.87% of the Micronized PTFE global market in 2021, is projected to value US$ 229.94 million by 2028, growing at a revised 1.72% CAGR from 2022 to 2028. While Engineering Plastics segment is altered to an 1.69% CAGR throughout this forecast period.
China Micronized PTFE market size was US$ 58.37 million in 2021, while the US and Europe Micronized PTFE were US$ 42.92 million and US$ 34.94 million, severally. The proportion of the US was 21.24% in 2021, while China and Europe are 28.89% and 17.29% respectively, and it is predicted that China proportion will reach 32.22% in 2028.
The global key manufacturers of Micronized PTFE include Shamrock Technologies, Solvay, Daikin, 3M, Nanjin Tianshi, Chemours, AGC, Micro Powder, and Gujarat Fluorochemicals, etc. In 2021, the global top five players hold a share approximately 49.58% in terms of revenue.
In terms of production side, this report researches the Micronized PTFE capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Micronized PTFE by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Micronized PTFE market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Micronized PTFE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.