PTFE Fabric Market to Grow at 5.6% CAGR to 2023, Led by North America and Europe
PUNE, India, August 1, 2018 /PRNewswire/ --
ReportsnReports added PTFE fabric market report and it includes vendors like Taconic (US), FIBERFLON (Turkey), Saint-Gobain Performance Plastics (France), W. L. Gore & Associates, Inc. (US), Chukoh Chemical Industries (Japan), Daikin Industries (Japan), Sefar AG (Switzerland), Fothergill Group (UK), Birdair (US), W.F. Lake Corp. (US), Aetna Plastics Corporation (US), CENO Tec GmbH (Germany), and Techbelt (UK).
Browse 153 Market Data Tables and 32 Figures spread through 142 Pages and In-depth TOC on "PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, and PTFE Fiber-Made Fabric), End-Use Industry (Food, Construction, Filtration), and Region (Asia Pacific, North America, Europe, South America) - Global Forecast to 2023" at http://www.reportsnreports.com/reports/692730-ptfe-fabric-market-by-type-glass-fiber-fabric-and-glass-mesh-fabric-end-use-industry-construction-packaging-chemical-textile-and-region-asia-pacific-north-america-europe-middle-east-africa-and-latin-america-global-forecast-to-2021.html .
PTFE fabric market is projected to grow from USD 690.8 million in 2018 to USD 908.1 million by 2023, at a CAGR of 5.6% from 2018 to 2023. High demand for PTFE fabrics in automotive industry, their growing demand in the construction industry, and increasing consumption of composite fabrics for industrial applications are some of key factors driving growth of market.
Asia Pacific region is the largest and the fastest-growing market for PTFE fabric across globe. The Asia Pacific PTFE fabric market is majorly driven by growing demand from end-use industries, such as food, construction, and filtration. Growth of these end-use industries is largely driven by region's growing population, increasing per capita income, and changing lifestyle. Rising demand across globe has led to capacity expansions by manufacturers of PTFE fabric.
Order the "PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, and PTFE Fiber-Made Fabric), End-Use Industry (Food, Construction, Filtration), and Region (Asia Pacific, North America, Europe, South America) - Global Forecast to 2023" Report Now at http://www.reportsnreports.com/purchase.aspx?name=692730 .
PTFE fabric market based on type, end-use industry, and region. It strategically profiles key players and comprehensively analyzes the ranking of the leading market players. It also tracks and analyzes competitive developments, such as expansions, acquisitions, new product developments, contracts, and consolidation in the PTFE fabric market.
PTFE-based nonwoven fabrics are extensively used in composites manufacturing. These nonwoven fabrics are also used as a component in the apparel, healthcare, and industrial applications, thus keeping their demand in this segment high. "The Asia Pacific PTFE fabric market is projected to grow at the highest CAGR from 2018 to 2023"
The research methodology used to estimate and forecast the size of the PTFE fabric market begins with capturing data from the revenues of key vendors. This data has been obtained from various secondary sources, such as Hoovers, Bloomberg, Factiva, and various other government and private websites.
Download the Sample Brochure of PTFE Fabric Market Research Now at http://www.reportsnreports.com/contacts/requestsample.aspx?name=692730 .
The nonwoven fabric segment is expected to be the largest type segment of the PTFE fabric market during the forecast period. PTFE-based nonwoven fabrics are extensively used in composites manufacturing. They are also used as a component in the apparel, healthcare, and industrial applications, thus keeping the demand for this segment high.
The break-up of profiles of primary participants for the report has been given below:
- By Company Type: Tier 1-25%, Tier 2-35%, and Tier 3-40%
- By Designation: CLevel-25%, DLevel-25%, and Others-50%
- By Region: Asia Pacific-40%, Europe-25%, North America-22%, Middle East & Africa-8%, and South America-5%
Another research titled report studies global fiberglass fabric market is projected to reach USD 13.48 billion by 2022, at a CAGR of 7.62% from 2017 to 2022. The key factor expected to drive the growth of the fiberglass fabric market is the increasing demand for corrosion and heat resistant, lightweight, high strength materials from the wind energy, transportation, marine, and electrical & electronics applications and it is now available with discount at http://www.reportsnreports.com/contacts/discount.aspx?name=1137817 .
Explore More Reports on Advanced Materials Market Research at http://www.reportsnreports.com/market-research/medical-devices/ .
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