Lucintel Forecasts the Global PTFE Film Market to Reach $ 0.7 billion by 2030.


Posted October 30, 2023 by Lucintel

"According to a market report by Lucintel, the future of the global PTFE film market looks promising with opportunities in the medical & pharmaceutical, chemical processing, automotive, aviation & aerospace

 
"According to a market report by Lucintel, the future of the global PTFE film market looks promising with opportunities in the medical & pharmaceutical, chemical processing, automotive, aviation & aerospace, and electrical & electronic applications. The global PTFE film market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for these films from the electronics, pharmaceutical, and automotive industry.

A more than 150 – page report is developed to understand trends, opportunity and forecast in PTFE film market to 2030 by technology (skived, extruded, and cast), application (medical & pharmaceuticals, chemical processing, automotive, aviation & aerospace, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, skived, extruded, and cast are the major segments of PTFE film market by technology. Lucintel forecasts that skived is expected to witness highest growth over the forecast period due to its high purity, good surface finish, and excellent mechanical properties.

Within this market, chemical processing is expected to witness highest growth over the forecast period due to increasing demand for PTFE films in this sector for various applications, such as linings for tanks and vessels, and gaskets and seals.

APAC is expected to witness highest growth over the forecast period due to significant demand for PTFE films in pharmaceutical packaging and electrical and electronics sectors of the region.

Saint-Gobain, 3M, Nitto Denko, Rogers, Guarniflon, Technetics, and Chukoh Chemical Industries are the major suppliers in the PTFE film market.




This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags ptfe film market
Last Updated October 30, 2023