PTFE Fabric Market

The global PTFE fabric market size is projected to grow from USD 0.9 billion in 2022 to USD 1.1 billion by 2027, at a CAGR of 5.7% between 2022 and 2027. Increasing demand for PTFE fabric from emerging markets and rising demand for PTFE fabric are driving the market.

Attractive Opportunities in the PTFE Fabric Market

Note: e-estimated p-projected.

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

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PTFE fabric Market Dynamics

Driver: Growing demand for PTFE-coated fabrics as architectural fabrics

The use of PTFE -coated fabric in architectural applications is growing. It is witnessing good growth in the North American and European construction markets. Birdair, a leading specialty contractor for tensile architecture, provided PTFE -coated fabric for various stadiums in Qatar, which are used in the FIFA World Cup 2022

Restraint: Environmental impact of PTFE fabric manufacturing

The production of PTFE produces toxic byproducts like hydrofluoric acid and carbon dioxide. When released into the environment, hydrofluoric acid causes serious tissue damage when it comes into contact with human or animal skin. The carbon dioxide released into the environment is a greenhouse gas. Improper ventilation of production facilities can cause harm to workers due to the release of these toxic chemicals. Exposure to hydrofluoric acid and carbon dioxide to the workers due to the production of PTFE can cause polymer fume fever.

Opportunity: Increasing  investments in the food processing industry in emerging countries

The food processing industry is amongst the largest users of PTFE coated fabrics in the form of conveyor belts. These belts are made of glass fibers and coated with PTFE to provide reliable performance under extreme heat, oil, and moisture permeation. These belts are used for various applications, such as vacuum drying, contact grilling, food packaging, and baking in the food processing industry.

The food processing industry is witnessing tremendous growth in emerging countries, such as India. The Indian government has implemented favorable policies to create a conducive investment eco-system. The government is also taking efforts to set up the required infrastructure, and provide skilled and unskilled workforce at competitive prices. According to Invest India, the food processing output in India is expected to be USD 535 billion by 2025-26. This creates a huge opportunity for the food processing industry in India.

Challenge: Volatility in raw material prices

Price and availability of raw materials are key factors for determining the cost structures of their products for PTFE fabric manufacturers. Recently, oil prices witnessed highly volatile fluctuations on either side. Prices of different resins are at an all-time high. In North America, according to Plastics Today, there is a strong demand for the export of resins from the US, but freight constraints limit sales. Therefore, Mexico is the most viable option for exports. This also leads to fluctuations in pricing. In 2019, Rubber News stated that the prices of synthetic rubber and petrochemical feedstocks are expected to remain volatile. PTFE fabric uses PTFE resin to achieve its superior performance properties. PTFE is made from the polymerization of R22 gas, unlike other polymers which result as a by-product of oil refining. PTFE is a niche industry, and hence there are very few suppliers of PTFE resins globally. Thus, the price volatility of raw materials poses a challenge to the growth of the PTFE fabric market.

PTFE Fabric Market: ECOSYSTEM

Source: Company Websites and MarketsandMarkets Analysis

In terms of value, the construction segment is projected to account for the second largest share of the PTFE fabric market, by application, during the forecast period.

The construction segment accounted for a share of 23.2% in terms of value, of the overall PTFE market in 2021. It is an ideal fabric for tensile membrane structure. Compared to conventional building materials, the PTFE fabric has a longer shelf life, thus offering a longer lifespan with minimal support for the structures. Owing to its durability, it is the most recommended material for permanent projects with an expected service life of over 25 years. PTFE fabric is extremely durable and weather, fire, and UV resistant. PTFE fabric is a low-maintenance option, that provides exceptional quality, strength, and a long lifespan. The self-cleaning properties of the material allow it to resist moisture and remain clean and bright after installation. It can evenly disperse light, limiting the need for artificial lighting during the daytime, and providing an environment in which indoor plants and flora can survive.

 PTFE coated fabric segment is projected to account for one of the fastest growth of the PTFE fabric market, by type, during the forecast period.

Based on type, the PTFE coated fabric dominated the market. Two advanced materials are combined to create PTFE fabric, which shows excellent properties in the applications they are used in. PTFE fabric is the highest quality architectural membrane for tensile structures. The properties of PTFE fabric are non-stick surface, excellent temperature resistance, chemically inert, high tensile strength, low coefficient of friction, non-toxic and UV, IR & microwave resistance, among other properties.

PTFE coated fabric is widely used for making conveyor belts in the food processing industry. This fabric is also used in the construction industry for roofing applications such as facades. Recently, Birdair provided PTFE coated fabrics to Qatar to be used in stadiums for FIFA World Cup 2022. Additionally, it is used to make PTFE adhesive tapes.

APAC is expected to be the fastest-growing market during the forecast period.

Based on region, Asia Pacific is a key market to produce PTFE fabric and is projected to grow at a CAGR of 6.4% in terms of value during the forecasted period. The availability of low-cost raw materials and labor, coupled with increasing demand from various end-use industries, such as food processing, chemical processing, printing, pharmaceutical, and construction, makes the region an attractive investment destination for PTFE fabric manufacturers. The rising population, urbanization, and industrialization are some of the factors that will drive the market in this region.

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Key Market Players

Major players operating in the global PTFE fabric market include Taconic (US), Saint Gobain Performance Plastics (France), Fiberflon(Turkey), W.L. Gore Associates(US), Daikin Industries (Japan), The Chemours Company (US), Chukoh Chemical Industries(Japan), Birdair (US), Sefar (Switzerland),  and W. F. Lake Corporation (US)

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Scope of the Report

This research report categorizes the PTFE fabric market based on type, application, and region.

Based on  Type:

• PTFE Coated Fabric
• Nonwoven Fabric
• PTFE Fibre -Made Fabric

Based on Application:

• Food
• Construction
• Filtration
• Medical
• Others

Based on Region:

• Asia Pacific
• Europe
• North America
• South America
• Middle East & Africa

Recent Developments

• In Aug 2021, W.L. Gore collaborated with LifeBooster, which works in the field of worker risk analytics. The companies will work together to form a multi-year plan for launching new smart safety apparel for physically demanding jobs. W.L. Gore’s protective wear technologies will benefit from this collaboration.
• In March 2020, The Chemours Company inaugurated The Chemours Discovery Hub in the University of Delaware’s Science, Technology and Advanced Research Campus. The research facility will help the Chemours Company in developing new applications for its products.

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