The global PTFE (Polytetrafluoroethylene) fabric market is projected to reach USD 279.0 Million by 2021, at a CAGR of 5.6% during the forecast period. The PTFE fabric market is witnessing growth due to growing end-user applications, technological advancements, and increasing demand for PTFE fabric in the Asia-Pacific region.
Seattle, WA -- (SBWIRE) -- 12/07/2016 -- The report "PTFE Fabric Market by Type (Glass Fiber Fabric, and Glass Mesh Fabric), End-Use Industry (Construction, Packaging, Chemical, Textile), and Region (Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America) - Global Forecast to 2021", The global PTFE (Polytetrafluoroethylene) fabric market is projected to reach USD 279.0 Million by 2021, at a CAGR of 5.6% from 2016 to 2021.
Browse 117 market data Tables and 39 Figures spread through 132 Pages and in-depth TOC on "PTFE Fabric Market - Global Forecast to 2021"
Early buyers will receive 10% customization on this report.
High demand for PTFE fabric from the construction industry is expected to drive the growth of the market in the near future.
Construction industry was the fastest end-use industry of the global PTFE fabric market
The construction industry contributed the largest share to the PTFE fabric market in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be attributed to the high consumption of PTFE in the form of industrial goods, such as pipe & line fittings, tubes, rods, among others. The PTFE fabric is also consumed in this industry for the construction of roofs or sheets, and as an additive in paints. It is widely used by architects due to its ability to withstand harsh weather and environment conditions.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=218729052
Glass mesh fabric was the largest type of the PTFE fabric market
Based on type, the global PTFE fabric market has been segmented into glass fiber and glass mesh fabric. Glass mesh fabric was the largest segment of the market in 2015. The high demand for glass mesh fabric can be attributed to its excellent properties including water-resistance, alkali-resistance, flexibility, softness and resistance to aging. It is widely used in reinforcing walls, natural marble, plaster board, artificial stone materials and exterior insulation finishing systems.
Asia-Pacific was the largest market for global PTFE fabric market in 2015
The global PTFE fabric market is witnessing growth on account of the growing end-user applications, technological advancements, and growing demand in the Asia-Pacific region. PTFE is largely used in industries, such as construction, chemical, food, packaging, and textile among others. Players in this market adopt strategies, such as new product launches and technological innovations to address the demand generated by the end-use industries.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=218729052
Key players operational in the PTFE fabric market include FIBERFLON (Turkey), DAIKIN INDUSTRIES (Japan), Birdair, Inc. (U.S.), and Fothergill Group (U.K.), among others
Browse Related Reports:
PTFE Market By Form ( Granular, Fine, Aqueous Dispersion, Micronized), By Application (Industrial Goods, Coating, Filled PTFE), By End Industry (Chemical, Automotive, Medical, Food, Textile, & Others), By Geography - Trends & Forecasts to 2018
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets