PTFE Micro Powder Market Growing at 2.50% CAGR Will Hit 40200 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/11/2019 --Micro powder, also known as micronized PTFE, is low molecular weight, micronized white particle. It is used where higher surface lubricity and anti-blocking properties are required. Micro Powder is prepared by the utilization of PTFE resin or TFE monomer. At present, the main industrialization process is resin degradation using the virgin or recycled PTFE scrap.
USA is the biggest manufacturing base with the production market share of 32.88 % in 2015, followed by China. The top five players are: 3M, Shamrock Technologies, Micro Powder (MPI), Solvay and AGC. Tianyuxiang is the China leader.
The micro powder is mainly used in industrial plastics, inks, painting and lubricants & grease owing to its anti-sticky, lubricating, anti-corrosion, moisture-proof and wear resistance. With the development of industrial plastics, there will be an increasing demand of micro powder in the next few years. USA, EU and China are the main consumption markets.
The global PTFE Micro Powder market was 33800 million US$ in 2018 and is expected to 40200 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
This report studies the PTFE Micro Powder market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of PTFE Micro Powder in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
3M
Shamrock Technologies
Micro Powder (MPI)
Solvay
Daikin
AGC
Gujarat Fluorochemicals
Chemours (DuPont)
ECO U.S.A
Dreyplas
Reprolon Texas
Fluorez Technology
MAFLON
Tianyuxiang
Norshine
Nanjin Tianshi
Sichuan Chenguang
3F
Yanggi
Zhejiang Juhua
Shanghai Joule
By the product type, the market is primarily split into
Monomer Polymerization
Resin Degradation
By the end users/application, this report covers the following segments
Industrial Plastics
Inks
Painting
Lubricants & Grease
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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