The PTFE Micro Powders Market is expected to display rapid growth in forthcoming period. The PTFE micro powders are made from virgin polytetrafluroethylene resin or recycled PTFE waste. Asia Pacific is witnessing highest share for PTFE Micro Powders Market and will do so in forecast period as well. India with a rising population, better investment cycles and fully developed economies as well as progressive government initiatives are witness to high growth in this region. Growth in Asia Pacific is motivated by the sheer predominance of the region’s growth in chemical industry.
Thermoplastic is the most favorable and inks though being the topmost segment in PTFE Micro Powders Market, thermoplastic holds near to three-fourth of the overall share. Inks need to be supplemented with different additives in order to be useful in various end-user industries and balance of additive selection has to be just right otherwise this may destroy the entire formulation. Furthermore, PTFE micro powders is the powder of choice even for inks because of strong properties of micro powders such as small particle size, abrasion /rub resistance and blocking.
U.S. and China are forerunners to growth of micro powder consumption while Germany, Japan and UK are major markets for micro powder market. China is the major market in PTFE micro power consumption with India, Japan and China following while industrialization and economic climate is essaying marvelous growth. Thermoplastic is expected to be the fastest segment group by rising numbers; followed by grease and lubricants in the upcoming period.
Granular PTFE is also leading in growth-margins and is expected to top market growth in forecast period. Granular PTFE is used in sheets, rods, billets and cubes. Fine powder PTFE is used in manufacture of tapes, tubes, rods and wire coatings. Segmentation of PTFE micro powder market by application includes inks, thermoplastics, coatings, Grease and lubricants.
Segmentation of PTFE Micro Powders market by type includes North America, Europe, Asia pacific, MEA and Latin America. North America is displaying maximum growth in rising chemical and industrial segments with growth in automobile sector on par with the rest. North America is expected to beat output figures in line with market growth in PTFE market over the forecast period. Europe having a stellar presence of market players will prove to be a boon for market growth defines its presence in the market. The key industrial players in the micro powders market include The Cheymours Company, Daikin Indutries ltd, 3M, Solvay, and Asahi Glass Co Ltd.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of PTFE Micro Powder in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global PTFE Micro Powder market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Micro Powder (MPI)
• Howard Piano Industries
• Heckscher & Company
• Hangzhou Fine Fluorotech Co., Ltd
• Daikin Industries, Ltd.
• Shamrock Technologies
• Solvay America
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• 2 Micron
• 5 Micron
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Lubricants & Grease
Research Support Specialist, USA