Asia-Pacific Region Expected to Dominate PTFE Fabric Market, Fueled by Rapid Industrialization and Infrastructure Development| MarketsandMarkets™


Posted April 18, 2023 by jackmartin_mnm

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)

 
A PTFE fabric is a fabric produced from polytetrafluoroethylene (PTFE) fibers. PTFE is a synthetic fluoropolymer with non-stick, heat-resistant, and chemical-resistant qualities. It is widely employed in a variety of applications, including non-stick cookware, industrial coatings, and medical implants. PTFE fabric is made by weaving or knitting together PTFE fibers. The resulting fabric has several distinct features, including high chemical resistance, high thermal resistance, and a low coefficient of friction. This makes it perfect for use in situations involving high temperatures, harsh chemicals, or caustic compounds.

Aerospace, automotive, food and beverage, and industrial manufacturing are all industries that employ PTFE fabric. Conveyor belts, gaskets, insulating materials, and seals are examples of frequent applications. Because of its capacity to provide a lightweight and robust solution that can survive extreme weather conditions, it is also utilized as a material for architectural membranes, such as roofing or tension structures. The PTFE Fabric Market 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.

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PTFE Coated fabric dominates the PTFE Fabric market in 2021.

Because of its unique qualities and a broad variety of uses, PTFE-coated fabric dominates the PTFE fabric market. PTFE-coated fabric is a type of PTFE fabric that has been coated with a coating of PTFE, giving it additional features such as higher durability, resistance to chemicals and abrasion, and improved non-stick capabilities.

Due to its outstanding release capabilities, high strength, and resilience to heat and chemicals, PTFE-coated cloth is extensively used in industrial applications such as conveyor belts, release sheets, and expansion joint materials. In the food business, it is also utilized for baking sheets, oven liners, and other non-stick applications. In addition to tension structures, roofing membranes, and facades, PTFE-coated cloth is frequently employed in architectural applications. It is a popular choice among architects and designers due to its capacity to give a lightweight and sturdy solution that can survive adverse weather conditions.

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

According to the application, the food segment in the PTFE fabric market is expected to be the fastest-growing end-user during the forecast period, with a CAGR of 6.0% in terms of value. The food sector is increasingly adopting PTFE fabric for a variety of applications, including lining ovens, baking pans, and conveyor belts. This is owing to the outstanding non-stick qualities of PTFE fabric, which helps to minimize cleaning time and expenses. Furthermore, PTFE cloth is resistant to severe temperatures and can be employed in a range of applications. This is projected to fuel market expansion in the food industry throughout the forecast period.

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

During the projected period, Asia Pacific is expected to be the largest PTFE fabric market. This can be due to a variety of factors, including increased demand from end-use industries such as automotive, aerospace, and electronics, as well as increased knowledge in the region about the benefits of PTFE fabrics. The Asia Pacific region is home to several growing economies, like China and India, which have seen tremendous expansion in the manufacturing and industrial sectors. Because of their superior chemical resistance, high-temperature resistance, and low coefficient of friction, PTFE textiles are frequently utilized in these industries for applications such as conveyor belts, gaskets, and seals.

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Major players operating in the global PTFE fabric market include Taconic (US), Saint Gobain Performance Plastics (France), Fiberflon(Turkey), W.L. Gore Associates(US), Daikin Industries (Japan), The Chemours Company (US), Chukoh Chemical Industries(Japan), Birdair (US), Sefar (Switzerland), W. F. Lake Corporation (US) and others.

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Last Updated April 18, 2023