Global Polytetrafluoroethylene(PTFE) Market Analysis

Date: 2015-08-25

Polytetrafluoroethylene (PTFE) is a synthetic fluoropolymer of tetrafluoroethylene that has numerous applications. The best known brand name of PTFE-based formulas is Teflon by DuPont Co., which discovered the compound. Currently, PTFE has been widely used in aviation, aerospace, nuclear, electronics, electrical appliances, chemicals, machinery, construction, textile, pharmaceutical and other industrial sectors, and increasingly deep into the daily life of the people. But with the instability of raw materials’ price and downstream demand, prices of PTFE will change. Following is the different kinds of PTFE price ($/Ton) trend in the second half of 2012:

Global Polytetrafluoroethylene(PTFE) Market Analysis

Currently, PTFE has been widely used in many industries, such as: atomic energy, defense, aerospace etc., and make it an irreplaceable product. Production capacity of foreign PTFE was about 90,300 tons/year, production was about 67,540 tons, and consumption was about 80,600 tons in 2012. Production capacity of Chinese PTFE was 64,700 tons/year, production was about 54,000 tons, and consumption was nearly about 37,000 tons. Demand of the global PTFE will reach 0.16 million tons by 2020, growing at a CAGR of 5.96% from 2013 to 2020. Key market participants are following:

Company

Markets

Country

DuPont

Food
& personal, High performance materials, industrial biotechnology, people
& process safety, polymers & fibers

USA

Solvay Solexis

Agro,
Feed & Food, Automotive & Aeronautics, Building & Construction, Electrical
& Electronics etc.

USA

3M

Home, Personal Health Care, DIY,
Decorating and Organizing etc.

America

Daikin

Residential,
commercial and industrial applications etc.

Japan

Ashai Glass

TFT-LCD
manufacturing plant, Auto industry, Construction industry, Lamps and lanterns
industry, etc.

Japan

Categories

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