The report "PTFE Membrane Market by Type (Hydrophobic and Hydrophilic), Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, Architecture), and Region - Global Forecast to 2025", The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0%.
Browse 79 market data tables and 40 figures spread through 143 pages and in-depth TOC on "PTFE Membrane Market by Type (Hydrophobic and Hydrophilic), Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, Architecture), and Region - Global Forecast to 2025"
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The demand for PTFE membranes in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in the oil & gas, water treatment, and chemicalindustry. The fluctuation in oil & gas prices is challenging the PTFE membranes market. The demand for PTFE membranes is rising, owing to the good physical properties and stringent regulations for emission and industrial waste treatment. Furthermore, the increasing demand for treated water in emerging provide growth opportunities to the market. On the other hand, the high production cost of PTFE membrane is restraining the growth of the market.
Based on the type, the Hydrophobic membranes segment is estimated to lead the overall PTFE membranes market in 2020.
PTFE membrane is a high-performance thermoplastic with good chemical resistance, high heat resistance, low coefficient of friction, and good fatigue resistance. These membranes which are naturally hydrophobic, with excellent chemical resistance and have a natural tendency to repel water due to low surface tension. Hydrophobic PTFE membranes can sustain a high temperature range between 49°F (120°C) to 127°F (260°C). Due to these properties, they are mainly used in applications such as industrial filtration, medical & pharmaceutical, architecture, textile, water & wastewater treatment, and others.
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Based on application, the industrial filtration to be the largest consumer of PTFE membranes.
The industrial filtration segment is the largest application of PTFE membranes. Stringent laws related to air and water for controlling pollution across the globe have increased the use of filters in industries. This has resulted in the increased use of PTFE membranes for liquid and gas filtration in industries. Environmental regulations in countries such as the US, Germany, India, and China are contributing to the growth of this market.
Based on region, APAC is estimated to lead the PTFE membranes market in 2020.
APAC is estimated to be the largest and the fastest-growing PTFE membrane market during the forecast period. The growth of the market in this region is primarily attributed to the rapidly growing population, urbanization, and industrialization. The growing demand from the food & beverage processing, medical & pharmaceuticals, and water & wastewater treatment is playing a crucial role in fueling the market for PTFE membrane in APAC. Implementation of strict regulations regarding water treatment & industrial wastewater discharge is also expected to drive the PTFE membrane market in the region.
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The recent COVID-19 pandemic is expected to impact the various industries globally. Due to lockdown, many food & beverage processing industries, textile, and water & wastewater treatment industries activities are halted. For instance; Tyson Foods (US), a leading meat processing company, restricted its pork processing by nearly 50% and beef production by about 25% by May 2020. The companies are taking precautions to avoid the spread of the virus. Governments of different countries are keeping a close watch on the disruption and taking every necessary step to mitigate the impact of COVID-19 by promoting food processing. Even after the lifting of lockdown, it will be challenging for PTFE membrane manufacturers to get back to normal working situations. Similarly, economies such as China, India, and others are also facing the brunt of the Covid-19 pandemic.
The key players in the PTFE membranes market include as Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea). These players have established a strong foothold in the market by adopting strategies, such as expansions, mergers & acquisitions, and new product launches.
Market ScenarioThe industrial filtration is the largest segment in the market whereas the water treatment application is anticipated to show the highest growth over the forecast period.
The growing demand for industrial filtration from various end-use industries such as food & beverage, pharmaceuticals, and oil & gas among others is positively contributing to the growth of the segment.
Various advantages of the hydrophobic membrane such as thermal stability, inertness, and excellent particle retention abilities pave their way into a wide range of end-use industries.
Access Report Details @ https://www.marketresearchfuture.com/reports/ptfe-membrane-market-5696Regional AnalysisThe global PTFE membrane market is spanned across five key regions: Europe, North America, Asia Pacific Latin America, and the Middle East & Africa.
The growing oil and gas related activities along with the stringent regulation on the treatment of waste water in the North American region is expected to drive the market growth to great extent.
The European PTFE membrane market is mainly driven by the developed pharmaceutical and water treatment industries.Competitive AnalysisSome of the prominent players operating in the global PTFE membrane market are General Electric (U.S.), Corning Incorporate.
Market Research Future Published a Half-Cooked Research Report on Global PTFE Membrane Market Research Report- Forecast to 2023Market Segmentation:Global PTFE Membrane Market Size has been segmented on the basis of type and application.Type-Wise, the segments in the market are hydrophobic PTFE membrane, hydrophilic PTFE membrane.Application-Based Segments are industrial filtration, textiles, medical & pharmaceuticals, water treatment industry, architecture, and others.Regional Insight:The Key Markets for PTFE Membrane are Latin America, Asia Pacific, Europe, Middle East & Africa and North America.Asia Pacific is identified as the most significant PTFE Membrane Market, with North America and Europe coming in second and third, respectively.
Other than that, increasing population, mostly in India and China accelerates the need for safe and clean water, which drives the demand for PTFE Membrane within the water treatment facilities.
Highly developed manufacturing units, pharmaceutical, and oil & gas industries contribute massively to the market growth.
The primary nations responsible for the lucrative market in the region are Italy, the United Kingdom (U.K) and Germany among others.
Spike in demand for PTFE Membrane within the medical & pharmaceutical and water & wastewater treatment applications could quite possibly lead to further market expansion in the following years.Market Overview:Market Research Future (MRFR) expects the Global Polytetrafluoroethylene (PTFE) Membrane Market to reach a CAGR of 9% during the forecast period (2018-2023).Prominent Companies:Some of the leading companies shaping the worldwide PTFE Membrane Market include Donaldson Company, Inc. (U.S.), Hyundai Micro Co., (South Korea), General Electric (U.S.), Sartorius AG (Germany), Markel Corporation (U.S.), Layne Christensen Company (U.S.), Pall Corporation (U.S.), Merck KGaA.
(U.S.), W. L. Gore & Associates, Inc. (U.S.), Zeus Incorporation (U.S.), among others.Browse Key Industry Insights spread across 137 pages with 44 market data tables & 11 figures & charts from the report, “PTFE Membrane Market Information: Type (Hydrophobic PTFE Membrane), Application (Industrial Filtration, Textiles, Medical & Pharmaceutical, Architecture, Others) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/ptfe-membrane-market-5696Market Drivers and Key Restraints:PTFE is a type of thermoplastic polymer which is known for having exceptional properties including enhanced flexibility, self-lubricating properties as well as high tensile strength, among others.
Reports and Data have recently added a new report titled “Global PTFE Membrane Market Research Report 2021” to its ever-expanding repository which offers a comprehensive overview of the PTFE Membrane market including current and emerging trends, consumer behavior patterns, competitor strategies, brand promotions, and product launches, among others.
The report covers the initial and future impact assessment of the COVID-19 pandemic on the overall market and offers key insights into the remuneration condition in a post-COVID-19 scenario.
The report also offers key insights into production and consumption ratio, import/export, supply and demand patterns, market share, market size, and revenue growth.
The study also offers a comprehensive outlook for the driving and restraining factors along with micro and macro-economic factors expected to affect the growth of the industry.PTFE membranes are utilized in wastewater treatment, oil & gas refineries, industrial filtration, and pharmaceuticals among others.
The rise in demand for clean and safe water has elevated the investment in the treatment of water globally, hence driving the market for PTFE Membrane.
Expensive raw materials for PTFE Membrane, however, are expected to hinder the growth of the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1188Key participants include Markel Corporation, Layne Christensen Company, Hyundai Micro Co., Ltd., Donaldson Company, Inc., Merck Millipore Co., Sartorius AG, Corning Inc., W. L. Gore & Associates, Inc., Pall Corporation, and General Electric Company.For the purpose of this report, Reports and Data have segmented the global PTFE Membrane market on the basis of type, pores size, application and region:Type Outlook HydrophilicHydrophobicUnlaminatedLaminatedPores Size Outlook 1μm2μm45μm65μm8μmRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1188Application Outlook Industrial FiltrationTextilesMedical & PharmaceuticalsWater and Wastewater TreatmentArchitecturePetrochemical & Chemical ProcessingKey Questions Answered by the Report:What market segment is expected to register the highest growth in the forecast period?What are the risks and threats that are affecting the market?Which region is expected to dominate other regions over the forecast period?Who are the prominent players of the industry?
Global PTFE Membrane Market Report 2020The Global PTFE Membrane Market Report provides detailed information about the PTFE Membrane market based on extensive primary and secondary research on market segments, size, trends, growth drivers, restraining factors, opportunities and challenges, cost overview, SWOT analysis, Porter’s Five Forces Analysis, and key company profiles, including their business overview and recent developments.The report is furnished with the latest happenings in the PTFE Membrane market and the economic scenario in regards to the COVID-19 pandemic.
The report covers the present and future impact analysis of COVID-19 on the overall market.
The dynamic changes in the economic scenario and market trends are reported in the study.Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry-form/1188The report offers a thorough investigation of the PTFE Membrane market, along with a SWOT analysis of the key competitors operating in the market.
The report all includes industrial chain analysis, revenue, sales estimation, value, capacity, regional market examination, and market forecast up to 2027.Based on types, the market is segmented into:HydrophilicHydrophobicUnlaminatedLaminatedBased on applications, the market is segmented into:Industrial FiltrationTextilesMedical & PharmaceuticalsWater and Wastewater TreatmentArchitecturePetrochemical & Chemical ProcessingMajor companies profiled in the report include Markel Corporation, Layne Christensen Company, Hyundai Micro Co., Ltd., Donaldson Company, Inc., Merck Millipore Co., Sartorius AG, Corning Inc., W. L. Gore & Associates, Inc., Pall Corporation and General Electric Company.Market Segmentation by key geographical regions:North America (U.S.A., Canada, Mexico)Europe (U.K., Germany, France, Italy, Spain, Rest of EU)Asia-Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)Middle East & Africa (U.A.E., Saudi Arabia, South Africa, Rest of MEA)Get the Entire Market Intelligence Report At @ https://www.reportsanddata.com/report-detail/ptfe-membrane-marketKey Coverage:Industry-leading data, along with accurate and reliable insights into the future of the market.The report has been evaluated by the industry experts in the market, thus making them beneficial for several companies to maximize their return on investments.The report provides an extensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer the readers a wide landscape, highlighting the prominent market players.The demand and supply dynamics offered in the report delivers a 360-degree view of the market.This report will help the readers decipher the current and future constraints in the PTFE Membrane Market, and will help them formulate optimum business strategies to maximize their growth in the market.Table of Contents1.
Global Market Analysis and Forecast by Types6.
Global Market Analysis and Forecast by Regions8.
The increasing requirement of PTFE membranes in the medical & pharmaceutical industry and need for water & wastewater treatment fueled the growth of the PTFE membrane market.Browse 70 market data tables and 58 figures spread through 159 pages and in-depth TOC on "PTFE Membrane Market by Type (Hydrophobic and Hydrophilic), Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, Architecture), and Region - Global Forecast to 2021".Request sample of report @ https://bit.ly/2DN6pcXHydrophobic is the largest type segment of the PTFE membrane marketHydrophobic PTFE membrane is the largest type segment of the PTFE membrane market.
Properties such as inertness, thermally stability, high chemical compatibility, excellent particle retention, ease in handling and sealing, compatibility with sterilization, high flow rates, and filtration efficiency and extensive use in industrial filtration applications involving exposure to aqueous solutions and gases make it the largest PTFE membrane type.Industrial filtration is the largest application segment of the PTFE membrane marketIndustrial filtration is the largest application segment of the PTFE membrane market due to extensive use of PTFE membrane in filtration applications as across industries such as petrochemical, food & beverage, and others.
Properties such as chemical inertness, ability to sustain high temperature, and high filtration efficiency make PTFE membrane suitable for industrial filtration applications where the membranes are exposed to corrosive environments and are in contact with acids, solvents, and alkaline solutions.
Based on region, the PTFE membrane market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
Asia-Pacific is leading the PTFE membrane market in terms of volume and value, followed by North America and Europe.High demand of PTFE membrane is witnessed in the Asia-Pacific region, owing to the increasing demand from the medical & pharmaceutical and food & beverage industries in the emerging countries such as China, Japan, and Indonesia.
Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=243714287The key restraining factors in the global PTFE membrane market is the high cost of PTFE resin which is used as a raw material to produce PTFE membrane.
