India Polytetrafluoroethylene (PTFE) Market demand was nearly 5.7 Kilo Tons in 2020 and is expected to reach 9.27 Kilo Tons, at a CAGR of 7.2 % during forecast period of 2021 to 2027. Polytetrafluoroethylene (PTFE) is the dominant type of fluoropolymer that accounts for approximately 50% fluoropolymer consumption, worldwide. The applications of PTFE in various industries including automotive & aerospace, chemical & industrial processing, electronics & electrical, building & construction, and consumer goods. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.To know about the Research Methodology:-Request Free Sample Report
India Polytetrafluoroethylene (PTFE) Market Dynamics
There are several Polytetrafluoroethylene manufacturers in India, owing to the increasing demand of PTFE and most of them provide good products and deals to the clients from across the globe. The demand for PTFE in India stood at approximately 5.7 Kiloton in 2020, and is projected to witness XX% growth rate during the forecast period. The India Polytetrafluoroethylene (PTFE) Market has witnessed considerable growth in recent years because of growth in automotive industry. The use of PTFE in automobiles results in increased fuel efficiency and decreasing emissions. At present, the Gujarat and Karnataka are witnessing rapid growth of PTFE production at CAGR of XX % in the automotive industry. The various applications of PTFE in aerospace because of PTFE have properties like fire-retardant and emits low smoke and toxic gases that can stand with aggressive applications under a wide range of temperatures. The opportunity for PTFE market is used in the medical applications because of chemical inertness that makes it biocompatible and easily degraded by medical fluids. Plastic surgery, cardiovascular, peripheral vascular grafts, orthopedic, dental and ophthalmology are some of the applications in the healthcare industry, which use PTFE for its exceptional properties. The price of PTFE have varied and increase in the recent years, due to shutting down of several Mumbai and Gujarat manufacturing units. Gujarat accounted for more than 35 % of the total production of PTFE in 2020 and is also the Indian largest PTFE manufacturer. Gujarat Fluorochemicals Limited (GFL) offers a wide range of Granular Virgin PTFE resins under its brand name inoflon®. Currently, the average price in the PTFE in market US$ 15 per kg.India Polytetrafluoroethylene (PTFE) Market Segment Analysis
On the basis of product form, the PTFE market is segmented into granular, fine powder, dispersion, micronized and others. The PTFE granular resins offer chemical inertness, low coefficient of friction, high-temperature resistance, outstanding chemical resistance, excellent adhesion, low-temperature toughness, electrical properties, and superb water repellant properties. Granular PTFE finds application in industries includes automotive & aerospace, and chemical & industrial processing because of their resistance to high temperature and chemicals. Among the all End-use industry, Electronics & electrical segment is projected to be the dominant market for PTFE. PTFE has important applications in the electronics & electrical end-use industry as it offers excellent electrical insulation properties under harsh environmental conditions such as aggressive chemicals and high temperatures. In terms of application Sheet the PTFE market is segmented into Coating, Pipes and Films. Films segment is expected to grow at the XX% CAGR during the forecast period. The report covers the Indian market leaders such as Hindustan Polymer, Karnataka Polymer Products, Vipro Tools & Engineers, Vescoat India, and Gujarat Fluorochemicals Limited. More than fifteen companies are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time. The objective of the report is to present comprehensive analysis of Polytetrafluoroethylene (PTFE) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Polytetrafluoroethylene (PTFE) Market dynamics, structure by analyzing the market segments, and project the Polytetrafluoroethylene (PTFE) Market size. Clear representation of competitive analysis of key players by Polytetrafluoroethylene (PTFE) Type, price, financial position, product portfolio, growth strategies, and regional presence in the Polytetrafluoroethylene (PTFE) Market make the report investor’s guide.Scope of the India Polytetrafluoroethylene (PTFE) Market: Inquire before buying
India Polytetrafluoroethylene (PTFE) Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: 5.7 Kilo Tons. Forecast Period 2021 to 2027 CAGR: 7.2% Market Size in 2027: 9.27 Kilo Tons. Segments Covered: by Product From • Granular • Fine Powder • Micro Powder • Others (include dispersions, liquids etc.) by End-use industry • Chemical & Industrial Processing • Electronics & Electrical • Automotive & Aerospace • Consumer Goods • Building & Construction by Application • Sheet • Coating • Pipes • Films India Polytetrafluoroethylene (PTFE) Market, Major Players
• Hindustan Polymer • Karnataka Polymer Products • Vipro Tools & Engineers • Vescoat India • Gujarat Fluorochemicals Limited • 3M Company (Dyneon GmbH) • Arkema • AGC Inc. • DAIKIN INDUSTRIESLtd • DowDuPont • Edlon • Fluorocarbon Surface Technologies • Hubei Everflon Polymer CO.Ltd • Impreglon UK Limited • INOFLON • Marcote UK LTD • Metal Coatings Corp • Praxair Surface Technologies Inc. • PTFE Applied Coatings • Solvay • The Chemours Company • Toefco Engineered Coating SystemsInc. • Whitford Corporation
To know about the Research Methodology:-India Polytetrafluoroethylene (PTFE) Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Polytetrafluoroethylene (PTFE) Market Size, by Market Value (US$ Mn) and by Volume (MT) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 5.1. India Polytetrafluoroethylene (PTFE) Market Forecast, by Product From 5.1.1. Granular 5.1.2. Fine Powder 5.1.3. Micro Powder 5.1.4. Others (include dispersions, liquids etc.) 5.2. India Polytetrafluoroethylene (PTFE) Market Forecast, by End-use industry 5.2.1. Chemical & Industrial Processing 5.2.2. Electronics & Electrical 5.2.3. Automotive & Aerospace 5.2.4. Consumer Goods and Building & Construction 5.3. India Polytetrafluoroethylene (PTFE) Market Forecast, by Application 5.3.1. Coating 5.3.2. Sheet 5.3.3. Pipes 5.3.4. Films 5.4. PEST Analysis 5.5. Key Trends 5.6. Key Developments 6. Company Profiles 6.1. Market Share Analysis, by Company 6.2. Competition Matrix 6.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 6.2.2. New Product Launches and Product Enhancements 6.2.3. Market Consolidation 6.2.3.1. M&A by Regions, Investment and Applications 6.2.3.2. M&A Key Players, Forward Integration and Backward Integration 6.3. Company Profiles: Key Players 6.3.1. Gujarat Fluorochemicals Limited 6.3.1.1. Company Overview 6.3.1.2. Financial Overview 6.3.1.3. Portfolio 6.3.1.4. Business Strategy 6.3.1.5. Recent Developments 6.3.1.6. Development Footprint 6.3.2. Hindustan Polymer 6.3.3. Karnataka Polymer Products 6.3.4. Vipro Tools & Engineers 6.3.5. Vescoat India 6.3.6. Arkema 6.3.7. AGC Inc. 6.3.8. DAIKIN INDUSTRIESLtd 6.3.9. DowDuPont 6.3.10. Edlon 6.3.11. Fluorocarbon Surface Technologies 6.3.12. Hubei Everflon Polymer CO.Ltd 6.3.13. Impreglon UK Limited 6.3.14. INOFLON 6.3.15. Marcote UK LTD 6.3.16. Metal Coatings Corp 6.3.17. Praxair Surface Technologies Inc. 6.3.18. PTFE Applied Coatings 6.3.19. Solvay 6.3.20. The Chemours Company 6.3.21. Toefco Engineered Coating SystemsInc.Whitford Corporation 7. Primary Key Insights