Micronized PTFE Market by Application (Inks, Thermoplastics, Coatings, Grease & Lubricants, Elastomers), by Geography - Global Forecast to 2019
[136 Pages Report] Micronized PTFE is prepared by irradiation or thermal decomposition of virgin PTFE or PTFE scrap. Direct polymerization under controlled conditions may also be used to produce low molecular weight PTFE micro powders. The micronized PTFE market has grown rapidly during the past few years and is expected to continue the trend in the next five years. The growth is mainly driven by the growing demand in the Asia-Pacific region. Asia-Pacific is the biggest market followed by North America and Europe, which together accounted for more than 90.00% market share in 2013. The U.S. is the biggest market for micronized PTFE, followed by China, and is projected to grow at a CAGR of 7.08% between 2014 and 2019. The European market is comparatively mature with a consumption growth rate well below the average market growth. Thermoplastic is the fastest-growing application segment of micronized PTFE growing at a CAGR of 7.04% between 2014 and 2019.
This study aims to estimate the market of micronized PTFE in 2013 and project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and projected by regions Asia-Pacific, North America, Europe and RoW, which are further segmented by key countries in each region. We have used different secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of micronized PTFE. The primary sources that include experts from related industries and suppliers have been interviewed to verify and collect critical information as well as to assess the future prospects of micronized PTFE.
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This research report segments the market on the basis of application and region along with forecast of revenue and analyzing trends in each of the submarkets.
On the basis of application: The market is segmented on the basis of application segments such as inks, thermoplastics, coatings, grease & lubricants, elastomers, and others. Each application is further described in detail in the report with value forecasts for aforementioned applications.
On the basis of region: The micronized PTFE market is segmented by regions Asia-Pacific, North America, Europe, and RoW; and they are further segmented by key countries in each region that include China, Japan, South Korea, India, the U.S., Germany, Italy, the U.K., the Netherlands, and Brazil.
Micronized PTFE market is projected to reach $868.29 million by 2019, signifying firm annualized growth of 7.06% between 2014 and 2019.
The micronized PTFE market has witnessed a significant growth in the recent years, and this growth is projected to persist in the coming years. Due to its characteristic properties such as wear and abrasion resistance, low friction coefficient, flame retarding properties, and tensile strength is used as additive in a wide range of applications such as inks, thermoplastics, coatings, grease & lubricants, and elastomers. The use of PTFE micro powders has been increasing over the years due to increase in the demand of high performance polymers that operate under extreme conditions of temperature and pressure.
Currently, the Asia-Pacific is the biggest market of micronized PTFE, accounting for 38.00% of the total market size in terms of value in 2013. Among all the countries, the U.S. dominates the micronized PTFE market, which had the maximum market share of micronized PTFE in 2013. Thermoplastic is the fastest-growing application segment of micronized PTFE, followed by grease & lubricants having the small market size for PTFE micro powders. The European market is expected to show the lowest CAGR of 5.65% between 2014 and 2019. Growing innovation and developments in the micronized PTFE consumer industries for better products are directly affecting the rise in the use of PTFE micro powders. The excessive growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry in the region.
On the basis of application, the market is further categorized into inks, thermoplastics, coatings, grease & lubricants, and elastomers. The growth in application segment is primarily driven by growing demand from the Asia-Pacific region particularly from China.
The major players of micronized PTFE include Shamrock Technologies (U.S.), E.I. DuPont de Nemours & Company (U.S.), Daikin Industries Limited (Japan), Solvay S.A. (Belgium), Micro Powders, Inc. (U.S.), and 3M (U.S.), Asahi Glass Co. Ltd. (Japan), Chenguang Research Institute of Chemical Industry (China), and Gujarat Fluorochemicals Limited (India), Shanghai 3F New Materials Company Limited (China).
Country Rankings in Global Micronized PTFE Market
Source: Secondary Research, Expert Interviews, and MarketsandMarkets Analysis
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Table of Contents
1 Introduction (Page No. - 12)
1.1 Objectives of the Study
1.2 Market Scope
1.2.1 Market Definition
1.2.2 Markets Covered
1.2.2.1 Scope, By Application
1.2.2.2 Scope, By Region
1.2.3 Year
1.2.4 Currency
1.2.5 Package Size
1.2.6 Limitations
1.3 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Market Size Estimation
2.2 Market Crackdown & Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data From Secondary Sources
2.3.2 Key Data From Primary Sources
2.3.3 Assumptions
3 Executive Summary (Page No. - 22)
4 Premium Insights (Page No. - 25)
4.1 Attractive Market Opportunities in Micronized PTFE Market
4.2 Market, By Region
4.3 Market in Asia-Pacific Region
4.4 Leading Countries in the Market, 2013
4.5 Market Size, By Leading Country in Terms of Growth Rate, 2014–2019
4.6 Market, By Application: Regional Revenue Mix, 2013
4.7 Life Cycle Analysis, By Region
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Segmentation
5.2.1 Market, By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Penetration in the Thermoplastic Industry
5.3.1.2 Increasing Demand With Expanding End-User Industries in China
5.3.2 Restraints
5.3.2.1 Expanding Digital Media Industry
5.3.3 Opportunities
5.3.3.1 Growing Grease & Lubricant Industry in the U.S.
5.3.3.2 Expanding China’s Coating Industry
5.3.4 Challenges
5.3.4.1 Stringent Environmental Regulations
5.3.5 Winning Imperatives
5.3.5.1 Developing/Enhancing Micronized PTFE Grades for Emerging Applications
6 Industry Trends (Page No. - 40)
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Raw Materials
6.2.2 Manufacturing Process
6.2.3 Distribution Network
6.2.4 Marketing & Sales
6.2.5 End Use
6.3 Porter’s Five forces Analysis
6.3.1 Threat 0f New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Degree of Competition
6.4 Raw Material Analysis
6.4.1 Fluorspar
6.4.2 Hydrofluoric Acid
6.4.3 Chloroform
6.5 Price Analysis
7 Market, By Application (Page No. - 53)
7.1 Introduction
7.2 Inks
7.3 Thermoplastics
7.4 Coatings
7.5 Grease & Lubricants
7.6 Elastomers
7.7 Others
8 Market, By Region (Page No. - 67)
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 U.K.
8.3.4 Netherlands
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 South Korea
8.4.4 India
8.5 ROW
8.5.1 Brazil
9 Competitive Landscape (Page No. - 97)
9.1 Overview
9.2 New Product Launches
9.3 Expansions
9.4 Joint Venture
9.5 Agreements & Collaborations
10 Company Profiles (Page No. - 105)
10.1 Introduction
10.2 Shamrock Technologies, Inc
10.2.1 Business Overview
10.2.2 Products offered
10.2.3 Key Strategy
10.2.4 Recent Developments
10.2.5 SWOT Analysis
10.2.6 MNM View
10.3 E.I. Dupont De Nemours & Company
10.3.1 Business Overview
10.3.2 Products offered
10.3.3 Key Strategy
10.3.4 SWOT Analysis
10.3.5 MNM View
10.4 Daikin Industries Ltd.
10.4.1 Business Overview
10.4.2 Products offered
10.4.3 Key Strategy
10.4.4 Recent Developments
10.4.5 SWOT Analysis
10.4.6 MNM View
10.5 Solvay Sa
10.5.1 Business Overview
10.5.2 Products offered
10.5.3 Key Strategy
10.5.4 Recent Developments
10.5.5 SWOT Analysis
10.5.6 MNM View
10.6 Micro Powder, Inc
10.6.1 Business Overview
10.6.2 Products offered
10.6.3 Key Strategy
10.6.4 Recent Developments
10.6.5 SWOT Analysis
10.6.6 MNM View
10.7 3M
10.7.1 Business Overview
10.7.2 Products offered
10.7.3 Key Strategy
10.7.4 Recent Developments
10.8 Asahi Glass Co., Ltd
10.8.1 Business Overview
10.8.2 Products offered
10.8.3 Key Strategy
10.8.4 Recent Developments
10.9 Chenguang Research Institute of Chemical Industry
10.9.1 Business Overview
10.9.2 Products offered
10.9.3 Key Strategy
10.10 Gujarat Fluorochemicals Limited
10.10.1 Business Overview
10.10.2 Products offered
10.10.3 Key Strategy
10.11 Shanghai 3F New Materials Company Limited
10.11.1 Business Overview
10.11.2 Products offered
10.11.3 Key Strategy
10.11.4 Recent Developments
List of Tables (81 Tables)
Table 1 Micronized PTFE, By Company & Its Brand
Table 2 Properties of Micronized PTFE
Table 3 Impact of Global Micronized PTFE Market Drivers (2014–2019)
Table 4 Global Market Restraints (2014–2019)
Table 5 Global Market Opportunities (2014-2019)
Table 6 Hydrofluoric Acid: Product Characteristics
Table 7 Chloroform: Product Characteristics
Table 8 PTFE Average Prices, By Region ($/Kilo)
Table 9 Advantages of Using Micronized PTFE in Different Applications
Table 10 Global Micronized PTFE in Inks Market Size (Tons) & ($Million), 2012-2019
Table 11 Inks: Market Size, By Region, 2012-2019 (Tons)
Table 12 Inks: Market Size, By Region, 2012-2019 ($Million)
Table 13 Inks: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 14 Inks: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 15 Global Micronized PTFE In Thermoplastics Market Size (Tons) & ($Million), 2012-2019
Table 16 Thermoplastic: Market Size, By Region, 2012-2019 (Tons)
Table 17 Thermoplastic: Market Size, By Region, 2012-2019 ($Million)
Table 18 Thermoplastic: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 19 Thermoplastic: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 20 Global Micronized PTFE in Coatings Market Size (Tons) & ($Million), 2012-2019
Table 21 Coatings: Market Size, By Region, 2012-2019 (Tons)
Table 22 Coatings: Market Size, By Region, 2012-2019 ($Million)
Table 23 Coatings: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 24 Coatings: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 25 Global Micronized PTFE in Grease & Lubricants Market Size (Tons) & ($Million), 2012-2019
Table 26 Grease & Lubricants: Market Size, By Region, 2012-2019 (Tons)
Table 27 Grease & Lubricants: Market Size, By Region, 2012-2019 ($Million)
Table 28 Grease & Lubricants: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 29 Grease & Lubricants: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 30 Global Micronized PTFE in Elastomers Market Size (Tons) & ($Million), 2012-2019
Table 31 Elastomers: Market Size, By Region, 2012-2019 (Tons)
Table 32 Elastomers: Market Size, By Region, 2012-2019 ($Million)
Table 33 Elastomers: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 34 Elastomers: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 35 Global Micronized PTFE in Other Applications Market Size (Tons) & ($Million), 2012-2019
Table 36 Others: Market Size, By Region, 2012-2019 (Tons)
Table 37 Others: Market Size, By Region, 2012-2019 ($Million)
Table 38 Others: Top Five Consumers, Market Size, 2012-2019 (Tons)
Table 39 Others: Top Five Consumers, Market Size, 2012-2019 ($Million)
Table 40 Micronized PTFE Market Size, By Region, 2012-2019 (Tons)
Table 41 Micronized PTFE Market Size, By Region, 2012-2019 ($Million)
Table 42 North America: Micronized PTFE Market Size, By Country, 2012-2019 (Tons)
Table 43 North America: Market Size, By Country, 2012-2019 ($Million)
Table 44 North America: Market Size, By Application, 2012-2019 (Tons)
Table 45 North America: Market Size, By Application, 2012-2019 ($Million)
Table 46 U.S.: Market Size, By Application, 2012-2019 (Tons)
Table 47 U.S.: Market Size, By Application, 2012-2019 ($Million)
Table 48 Europe: Market Size, By Country, 2012-2019 (Tons)
Table 49 Europe: Market Size, By Country, 2012-2019 ($Million)
Table 50 Europe: Market Size, By Application, 2012-2019 (Tons)
Table 51 Europe: Micronized PTFE Market Size, By Application, 2012-2019 ($Million)
Table 52 Germany: Market Size, By Application, 2012-2019 (Tons)
Table 53 Germany: Market Size, By Application, 2012-2019 ($Million)
Table 54 Italy: Market Size, By Application, 2012-2019 (Tons)
Table 55 Italy: Market Size, By Application, 2012-2019 ($Million)
Table 56 U.K.: Market Size, By Application, 2012-2019 (Tons)
Table 57 U.K.: Market Size, By Application, 2012-2019 ($Million)
Table 58 Netherlands: Market Size, By Application, 2012-2019 (Tons)
Table 59 Netherlands: Market Size, By Application, 2012-2019 ($Million)
Table 60 Asia-Pacific: Micronized PTFE Market Size, By Country, 2012-2019 (Tons)
Table 61 Asia-Pacific: Market Size, By Country, 2012-2019 ($Million)
Table 62 Asia-Pacific: Market Size, By Application, 2012-2019 (Tons)
Table 63 Asia-Pacific: Market Size, By Application, 2012-2019 ($Million)
Table 64 China: Market Size, By Application, 2012-2019 (Tons)
Table 65 China: Market Size, By Application, 2012-2019 ($Million)
Table 66 Japan: Market Size, By Application, 2012-2019 (Tons)
Table 67 Japan: Market Size, By Application, 2012-2019 ($Million)
Table 68 South Korea: Market Size, By Application, 2012-2019 (Tons)
Table 69 South Korea: Market Size, By Application, 2012-2019 ($Million)
Table 70 India: Market Size, By Application, 2012-2019 (Tons)
Table 71 India: Market Size, By Application, 2012-2019 ($Million)
Table 72 ROW: Micronized PTFE Market Size, By Country, 2012-2019 (Tons)
Table 73 ROW: Market Size, By Country, 2012-2019 ($Million)
Table 74 ROW: Market Size, By Application, 2012-2019 (Tons)
Table 75 ROW: Market Size, By Application, 2012-2019 ($Million)
Table 76 Brazil: Market Size, By Application, 2012-2019 (Tons)
Table 77 Brazil: Market Size, By Application, 2012-2019 ($Million)
Table 78 New Product Launches, 2011–2014
Table 79 Expansions (2011-2014)
Table 80 Joint Venture (2011-2014)
Table 81 Agreements & Collaborations (2011-2014)
List of Figures (53 Figures)
Figure 1 Micronized PTFE Market Segmentation
Figure 2 Micronized PTFE Market: Research Methodology
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Break Down of Primary Interviews, By Company Type, Designation & Region
Figure 6 Market Snapshot (2014 Vs. 2019): Market for Thermoplastic Application to Grow At the Fastest Rate
Figure 7 Micronized PTFE Market Size, By Country, 2014 ($Million)
Figure 8 Micronized PTFE Market Share (Volume), By Region, 2013
Figure 9 Attractive Market Opportunities in Micronized PTFE Market
Figure 10 Global Micronized PTFE Market: Strong Growth Expected Between 2014 & 2019
Figure 11 Micronized PTFE in Asia–Pacific: China is the Growth Engine of the Region
Figure 12 US & China: the Two Top Contributors to the Global Micronized PTFE Consumption in 2013
Figure 13 Key Growth Pockets: the Top Five Countries to Invest in the Next Five Years
Figure 14 Inks is the Dominant Micronized PTFE Application in the Asia-Pacific Region While Coatings & thermoplastics Are the Major Ones in Europe
Figure 15 Asia-Pacific Market is in Exponential Growth Phase (2013)
Figure 16 Market Segmentation, By Application
Figure 17 Increasing Demand From Emerging Markets Drives the Micronized PTFE Market Growth
Figure 18 Overview of Micronized PTFE Value Chain
Figure 19 Porter’s Five forces Analysis of the Micronized PTFE Market
Figure 20 Global Fluorspar Production, 2013
Figure 21 Fluorspar Output in 2013
Figure 22 Fluorspar Market Share, By End Application, 2013
Figure 23 Hydrofluoric Acid Market Share, By End Application, 2013
Figure 24 Micropowder Application in Inks is the Largest Segment
Figure 25 Asia Pacific is the Fastest-Growing Market for PTFE Micro Powders in Inks
Figure 26 Micronized PTFE Market is Dominated By the U.S. for Thermoplastic Applications
Figure 27 Asia-Pacific is At the forefront in Terms of Growth of Micronized PTFE in Coatings
Figure 28 North America Dominates Micronized PTFE Market for Manufacture of Grease & Lubricants
Figure 29 North America Dominates the Micronized PTFE Additive Market for Manufacturing Elastomers
Figure 30 Regional Snapshot – Rapid Growth Markets Are Emerging As New Hotspots
Figure 31 China is the Fastest-Growing Market for Micronized PTFE
Figure 32 North American Market Snapshot: Increase in Consumption of PTFE Micro Powders, 2014-2019
Figure 33 Thermoplastics & Inks Dominate the Consumption of Micropowders in the U.S.
Figure 34 Europe Snapshot: Country-Wise Consumption of Micronized PTFE in Inks, Coatings & thermoplastics
Figure 35 Asia-Pacific Snapshot: China Dominates the Consumption of PTFE in Asia-Pacific
Figure 36 Asia-Pacific: Country-Wise Consumption in Inks, Coatings & Thermoplastics
Figure 37 Companies Adopted New Product Innovation As the Key Growth Strategy Over the Last Three Years
Figure 38 Battle for Market Share: New Product Launches Was the Key Strategy (2011-2014)
Figure 39 Regional Revenue Mix of Top 5 Market Players
Figure 40 Shamrock Technologies, Inc: Business Overview
Figure 41 SWOT Analysis
Figure 42 E.I. Dupont De Nemours & Company: Business Overview
Figure 43 SWOT Analysis
Figure 44 Daikin Industries Ltd.: Business Overview
Figure 45 SWOT Analysis
Figure 46 Solvay Sa: Business Overview
Figure 47 SWOT Analysis
Figure 48 Micropowder, Inc: Business Overview
Figure 49 SWOT Analysis
Figure 50 3M: Business Overview
Figure 51 Asahi Glass Co., Ltd.: Business Overview
Figure 52 Gujarat Fluorochemicals Limited: Business Overview
Figure 53 Shanghai 3F New Materials Company Limited: Business Overview
Growth opportunities and latent adjacency in Micronized PTFE Market