PTFE Membrane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWire) -- 10/05/2017 --PTFE Membrane Market: Overview
The PTFE (polytetrafluoroethylene membrane) is a filter media that is non- reactive and it is mainly used for several applications that have the involvement of bases, acids, other liquids, and solvents. Some of the important industrial applications where the PTFE membrane will be used increasingly are where factors such as humidity, mineral, temperature, and dust are considered important in order to monitor the quality of the product.
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PTFE Membrane Market: Facts
GCE Healthcare's ePTFE membrane (expanded PTFE membrane) offers protection against liquid and air-borne contaminants. In the challenging and harsh environments, it provides an increased performance. It is suitable for all the applications which include strong acids, organic solvents, and strong alkalis. It integrates easily with any of the manufacturing processes.
PTFE Membrane Market: Segmentation
The global market for the PTFE membrane market is fragmented into its product, type, and application. On the basis of the type of the product, the global market is segregated into hydrophobic PTFE membrane and hydrophilic PTFE membrane. On the basis of the application, the market is categorized into chemical, oil and gas refineries, power generation plant, textile, pharmaceutical, and water and wastewater treatment.
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PTFE Membrane Market: Growth Factors
The PTFE membrane is used increasingly in the uniform manufacturing that is used in the military, firefighting, and other similar sectors since it has high resistance to fire, harsh temperature, and other unfavorable environmental conditions. The increasing demand for the sports and the leisure industry has increased the demand for the PTFE membrane since they are used in the manufacturing of apparels and footwear. The need of proper ventilation has increased owing to the increased industrialization thus increasing the opportunities for the PTFE membrane market. With the help of the PTFE membrane, the emission of the harmful substances get reduced and that too with less maintenance which helps in satisfying the regulations that are implemented by the regulatory bodies thus propelling the growth of the market. The factor that is limiting the growth of the PTFE membrane market is the availability of the other cheaper substitutes in the market.
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PTFE Membrane Market: Regional Analysis
Based on the regions, the regional market that is dominating the PTFE membrane market is Asia Pacific and this will continue in the coming years. The emerging nations such as Indonesia, China, and Japan are the leading manufacturers in the food and beverage industry thus contributing to the growth of the PTFE membrane market. The chemical industry is developing at a good pace in the European countries thus contributing a good share in the PTFE membrane market. In the coming years, the market will develop in the North American region owing to the increasing oil and gas refineries.
PTFE Membrane Market: Competitive Players
The key market players that are involved in the PTFE membrane market include Donaldson Company, Inc., Merck KGaA., Hyundai Micro, Axiva Sichem Pvt. Ltd., Micron Separations, Sigma-Aldrich Co. LLC., W. L. Gore & Associates, Inc., VWR, Komemtec, and Trinity Filtration Technologies Pvt. Ltd.
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