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The Asia-Pacific PTFE market report defines and segments the polytetrafluoroethylene market in Asia-Pacific with analysis and forecast of revenue.
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MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts The Asia-Pacific PTFE Market is estimated to reach $1010.15 million by 2019 http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html
Asia-Pacific PTFE Market is estimated to grow at a CAGR of 8.3% from 2013 to 2018, driven by huge investments from manufacturing companies in end-user industries. Key Players in the Asia-Pacific PTFE market are Dongyue Group Co., Ltd. (China), Gujarat Fluorochemicals Ltd. (India), and Chenguang Research Institute of Chemical Industry (China). A rapidly growing manufacturing sector in the developing regions is impacting the demand of polytetrafluoroethylene in the Asia-Pacific market. As a result, its consumption is expected to grow in industrial goods and paint and coating applications in Asia-Pacific. http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html
Browse through the market data tables, figures and detailed ToC on the “Asia-Pacific PTFE Market”. http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html Get Free 10% Customization in This Report http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html
PTFE is a versatile engineering plastic manufactured from tetrafluoroethylene (TFE), which in turn is prepared by pyrolysis of chlorodifluoromethane. PTFE has high inertness to chemicals, resistance to solvents, lowest coefficient of friction, low dielectric constant and dissipation factor, excellent insulation properties, and a wide operating temperature range. PTFE is also very slick and slippery, which makes it an excellent material for coating machine parts which are subjected to heat, wear, and friction. It is also useful as a coating for cookware and utensils. http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html
The global consumption of polytetrafluoroethylene is driven by the Asia-Pacific market. The countries in the region include China, India, Japan, and South Korea. • In 2013, China led the market in terms of consumption of the polytetrafluoroethylene market, followed by Japan and South Korea. Companies are investing and expanding to reach global competition and are contributing to GDP growth, which is the major factor aiding the growth of the polytetrafluoroethylene market in the region. http://www.micromarketmonitor.com/market/asia-pacific-polytetrafluoroethylene-1006179864.html
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