PTFE Membrane Market By Type (Hydrophobic and Hydrophilic), By Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, and Architecture) - Market Trends, Analysis, and Forecast till 2030

PTFE Membrane Market accounted for USD 1.8 Billion in 2020 and is estimated to be USD 3.09 Billion by 2030 and is anticipated to register a CAGR of 6.2%.

Polytetrafluoroethylene (PTFE), a strong, tough, waxy, nonflammable resin produced by the polymerization of tetrafluoroethylene. Known by such trademarks as Teflon, Fluon, Hostaflon, and Polyflon, PTFE is distinguished by its slippery surface, high freezing point, and resistance to attack by most chemicals. These properties have made it familiar to consumers because the coating on nonstick cookware. Furthermore, PTFE is used in electronics, pharmaceuticals, textiles, and food industries due to its high surface lubricity and anti-blocking properties.

Additionally, it possesses the power to reduce wear and fuel consumption in machinery, and hence it is used as a lubricant in machines. Moreover, other properties of PTFE include low coefficient of friction, weather & heat resistance, superior electric insulation, and chemical inertness, which fuel its demand across chemical processing, transportation, and automotive industries.

Growing demand for clean and safe water

The growing demand for clean and safe water has augmented the investment in water treatment facilities across the world, which is positively affecting the global PTFE membrane market. Properties of PTFE membranes like superior filtration tear resistance, and heat resistance makes them suitable for industrial and municipal wastewater treatments.

Growing demand in the pharmaceuticals and oil & gas refineries

The growing application within the pharmaceuticals and oil & gas refineries is attributing to the expansion of the market during the assessed period. PTFE membranes are widely utilized in the oil and gas refineries for the separation of sulfide, air separation, and CO2 recovery and gas dehydration among others. However, the high cost of raw material (PTFE resin) is anticipated to be major restraints to the market growth.

The global PTFE membrane market is segmented based on type, application, and region.

On the basis of type, the global PTFE membrane market is segmented into hydrophobic and hydrophilic. Based on application, the target market segmented into industrial filtration, medical & pharmaceutical, textiles, water & wastewater treatment, and architecture.

Regional Insights:

On region the global PTFE membrane market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. APAC is the largest market share and show a substantial growth in the forecast period. The market growth in this region is primarily attributed to its rapidly growing population, urbanization, and industrialization. The demand for PTFE membranes is high in developing economies, like China, India, Brazil, and Argentina. The growing demand from the food & beverage processing, medical & pharmaceuticals, and water & wastewater treatment is playing an important role in fueling the marketplace for PTFE membrane in APAC. Implementation of strict regulations regarding water treatment & industrial wastewater discharge is additionally expected to drive the PTFE membrane market within the region.

Ptfe Membrane Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2030. For the purpose of this study, has segmented the global PTFE membrane market report based on type, application, and region.

PTFE Membrane Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the global PTFE membrane market includes Pall, Cytiva, JP Air Tech, W.L. Gore, Corning, Donaldson, Merck Millipore, Saint Gobain, Markel, Sartorius, Hindustan Polymer, KOMPASS, and Hyundai Micro. For instance, In April 2020, JP Air Tech launches its new product JX81-B-PTFE MEMBRANE for air filtrations.

• Pall
• Cytiva
• W.L. Gore
• Corning
• Donaldson
• Merck Millipore
• Saint Gobain
• Markel
• Sartorius
• Hindustan Polymer
• KOMPASS
• Hyundai Micro
• JP Air Tech