Global Silica Gel Market to Register 3.4% CAGR During the Forecast Period 2017 to 2025
Surging demand for micronized PTFE (polytetrafluoroethylene) from various industries such as medical, pharmaceutical, and automotive, is expected to drive growth of the global micronized PTFE market. A recent report by Persistence Market Research (PMR) estimated the global micronized PTFE market to register an impressive 6.1% CAGR during the forecast period 2017 to 2025. The market will reach revenues worth US$ 380.4 Mn in 2017, by 2025 this number is estimated to surpass US$ 600 Mn.
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