Global PTFE Dispersion Market
is segmented on the basis of type as Aqueous Dispersion, Micronized, Granular
and others. A particular kind of compound that encompasses carbon and fluorine
in its arrangement is known as a Polytetrafluoroethylene. It is popularly known
as PTFE in its abbreviated form. The molecular weight of the particular
compound is generally said to be high. It is hydrophobic in nature, as it
possesses minimal coefficient of friction opposed to any type of solid. It acts
as a lubricant because it has the capability to lessen the level of friction,
abrasion and energy intake of equipment. The prime employment of these
compounds has been seen in non-stick coating for pans and other equipments.
Moreover, they are employed in containers and pipework for utilizing reactive
as well as corrosive chemicals. Other prominent applications associated with it
may include aerosol lubricant and electrical wire insulation.
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PTFE Dispersions are prepared
out of balanced tiny PTFE particles. The main purpose behind designing these
dispersions was to discharge coatings and saturate media. They are employed for
saturating yarns, circuit board laminates, packing materials, glass cloth,
belting, as well as filter bags. The key factors that are playing a major role
in raising the share of the market include rise in the research and development
activities, augmented demand across various sectors, increased awareness among
the end users and rising applications across various sectors. Owing to all the
above-mentioned factors, it has been anticipated that the PTFE Dispersion
Market will register a healthy CAGR in the coming years.
PTFE Dispersion Market is
segmented on the basis of end user as Food, Automotive, Medical, Textile,
Chemical, and Others. PTFE Dispersion Market is segmented on the basis of
application as Battery Binder, Coatings, Coated Glass Fabric, and Others. PTFE
Dispersion Market is segmented on the basis of geographical region as North
America, China, Europe, Southeast Asia, Japan and India. As far as the
geographical region is concerned, North America is currently the leader of the
market and it is simultaneously accounting for the largest share in the market,
the reason being industrialization, urbanization, mounting demand across
various sectors, increasing awareness among the masses, constant introductions
and innovations, rise in the disposable income and rise in the investments by
the leading manufacturers. On the other hand, Europe and Asia Pacific is also
witnessing a robust growth owing presence of leading manufacturers in the
particular region.
The key players operating in
the PTFE Dispersion Market covers Daikin, Solvay, DuPont, 3M, Asahi Glass,
Chenguang Research Institute of Chemical Industry and Gujarat Fluorochemicals.
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