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MarketersMEDIA / Newsroom / Global PTFE Fabric Market is expected to reach $1,349.36 million by 2027 growing at a CAGR of 7.5% during 2018 to 2027.

Global PTFE Fabric Market is expected to reach $1,349.36 million by 2027 growing at a CAGR of 7.5% during 2018 to 2027.

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Some of the key players in the PTFE Fabric market include Aetna Plastics, Asahi Glass Co., Ltd, Birdair, Ceno Tec, Chukoh Chemical Industries, W. L. Gore & Associates Inc, W.F. Lake Corp, and Zhejiang Kertice Hi-Tech Fluor-Material Co Ltd.

— High demand for PTFE fabrics in the automotive industry and growing demand for PTFE Coated fabrics in the construction industry are likely to boost the growth of the PTFE fabric market. However, high cost of PTFE coated fabrics as compared to PVC coated fabrics is likely to hamper the profit boundaries.

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The PTFE fabric has been designed to be chemically inert and known to remain intact under extreme temperatures. This has been the underlying reason for the swift uptake of PTFE fabric in a wide range of industry starting from construction and stretching up to packaging. PTFE fabric market has been witnessing an exponential rise as it has become an integral material in the production of several industrial goods. It is largely being used for coating non-woven and flexible-woven materials such as woven wire, glass fiber cloth, and aramid fabrics as it offers excellence resistance to fire. Properties such as non-stick, friction-free, and non-brittle are also expected to win the global PTFE fabric market a definite consumer base.

Based on type, the nonwoven fabric segment is estimated to have a lucrative growth due to their demand in composites manufacturing as they can be used as a component in the apparel, healthcare, and industrial applications, thus keeping their demand in this segment high.

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By geography, Asia Pacific is likely to have a huge demand due to the growing demand from end-use industries, such as food, construction, and filtration. The ever-increasing disposable income and growing population of the APAC is the major driving force behind this market surge.

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Types Covered:
• Non-Porous PTFE Glass Fabric
• Nonwoven Fabric
• Porous PTFE Glass Fabric
• PTFE Coated Fabric
• PTFE Fiber-Made Fabric

Applications Covered:
• Civil
• Military
• Other Applications

End-Users Covered:
• Construction
• Filtration
• Food
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Contact Info:
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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-ptfe-fabric-market-is-expected-to-reach-134936-million-by-2027-growing-at-a-cagr-of-75-during-2018-to-2027/88937183

Source: MarketersMedia

Release ID: 88937183

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