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PTFE Fabric Market worth $1.1 billion by 2027- Exclusive Report by MarketsandMarkets™

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News provided by

MarketsandMarkets

Jan 17, 2023, 07:00 ET

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CHICAGO, Jan. 17, 2023 /PRNewswire/ -- The report "PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, PTFE Fiber- Made Fabric), End-Use Industry (Food, Construction, Filtration, Medical), and Region (North America, Europe, APAC, South America, and MEA) - Global Forecast to 2027", size is projected to grow from USD 0.9 billion in 2022 to USD 1.1 billion by 2027, at a CAGR of 5.7% between 2022 and 2027. 

PTFE fabric is a material coated with PTFE resin. PTFE coated fabrics are manufactured by various manufacturers in various grades, such as premium, standard, mechanical, economy, and other grades to meet the specific performance application requirements of end-use industries. PTFE fabrics have a nonstick surface, and perform well under temperatures ranging from -100°F to 500°F. They also are chemically inert, have high tensile strength, and have outstanding electrical properties. Other useful properties include their extremely high flex cracking resistance, long-term stability, and resistance to soiling. PTFE Fabrics are used in various end-use industries such as food, construction, filtration, medical and other industries.

Browse and in-depth TOC on "PTFE Fabric Market"

304 - Tables
42 - Figures
210 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=218729052

PTFE Coated fabric dominates the PTFE Fabric market in 2021.

Based on type, the PTFE Coated fabric accounted for the largest market share in 2021. It is a combination of two advanced materials, which exhibit excellent properties in the applications they are used in. PTFE coated fabric consists of fiberglass fabric, aramid, or polyester fabric coated with PTFE to improve its strength and heat resistance. PTFE coated fabric is widely used for making conveyor belts in the food processing industry. This fabric is also used in the construction industry for roofing applications such as facades. Cooking/baking oven liners, electrical harness assembly, reusable laminating press release sheets, tray lining for non-stick baking and drying, blister pack die covers, covering the sealing surface on polyethylene bag-making equipment, and gaskets, seals & diaphragms are some of the key application areas of the PTFE coated fabric.

The food industry is expected to have the fastest growth in the PTFE fabric market during the forecast period.

Based on application, the food segment in the PTFE fabric market is projected to be the fastest-growing end-user at a CAGR of 6.0%, in terms of value, during the forecast period. PTFE fabric is the material of choice for food-grade non-stick coatings and is widely used in non-stick cookware and other items. Anti-friction and non-flammability are the key advantages of PTFE. PTFE fabric is also corrosion resistant and in compliance with the FDA Standard 21 CFR 177.1550 for food contact. PTFE fabric is easy to clean, durable, reusable and is compatible with any chemical environment. In addition, it provides low dissipation and is compatible with microwave drying systems.

Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=218729052

Asia Pacific is expected to be the largest market for PTFE fabric during the forecast period.

Asia Pacific leads the overall PTFE fabric market in terms of both value and volume, followed by the Middle East, Africa, and North America. Asia Pacific is an attractive investment location for the manufacturers of PTFE fabric due to the factors such as rising domestic demand, urbanization, industrialization, and the availability of low-cost labor and resources. These are some factors expected to drive the PTFE fabric market in this region.

Market Players

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 Adjacent Market: Yarns, Fabric and Textile Market Research Reports & Consulting

Related Reports:

Construction Fabrics Market - Global Forecast to 2023

Coated Fabrics Market - Global Forecast to 2026

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/
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SOURCE MarketsandMarkets

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