PTFE Membrane Market By Type (Hydrophobic PTFE Membrane, Hydrophilic PTFE Membrane, Unlaminated, Laminated); By Pore Size (1μm, 2μm, 8μm, 45μm, 65μm); By Application (Industrial Filtration, Medical & Pharmaceuticals, Textiles, Automotive, Water&Wastewater Treatment, Architecture, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032
PTFE Membrane Market Overview
The Global PTFE membrane market is expected to grow from USD 1.9 billion in 2021 to USD 4.1 billion by 2032, at a CAGR of 7.9% during the forecast period 2022-2032.
PTFE, also known as polytetrafluoroethylene is a fluorocarbon solid with a high molecular weight that contains carbon and fluorine. Its membrane technology is a non-reactive filter that is hydrophobic or hydrophilic in nature and is strongly resistant to solvents, acids, and bases. It is used in various end applications such as high tech aerospace movement which requires development of dry film lubricant, in machineries, in high-performance films, fabrics woven, and in medical devices as protective shield against chemical or microbial attack among others.
PTFE membranes provide filtration of air, fluids, and gases and are resistant to high temperatures which also makes it perfect for sampling purposes.
The PTFE membranes with the property of waterproof, windproof and heat resistant are used in various industries such as chemical, oil & gas, food & beverages, wastewater treatment, textile and others for applications such as temperature, mineral production, humidity, dust, power generation etc.
The PTFE membrane market is expected to witness growth at a monumental CAGR in the next few years.
PTFE Membrane Market Drivers
The growth of this market is attributed towards major pertaining factors which include the increasing application of PTFE membrane in the manufacturing of uniforms in firefighting, military and similar sectors owing to its resistance to harsh temperature, fire and other adverse environmental conditions, the growing popularity of sports and recreation for the manufacture of footwear and other garments, the increasing requirement of adequate ventilation and to help reduce energy consumption while maintaining the airflow in industries, enhanced protocols pertinent to water and air pollution, the increasing stringent regulations pertaining to emission and treatment of municipal and industrial wastes etc.
Moreover, the shift toward cost effective alternative to osmosis, i.e., nanofiltration which provides benefits such as high flux rate, low energy consumption etc. and is highly preferred will scale the product demand along with the surging demand for expanded polytetrafluoroethylene (ePTFE) in the industry.
PTFE membranes offer filtration of air, gases and fluids as the. Also, new products by the players with advanced features are projected to create significant opportunities for market growth over the next few years.
Furthermore, the growing demand from oil & gas industries and waste treatment drive the demand for PTFE membranes market globally. Additionally, the market is growing globally due to the implementation of water and waste management programs. The rising demand for EPTFE membranes in microfiltration and vetting applications provides growth opportunities for manufacturers of PTFE membranes.
Also, PTFE membranes are known to aid in negligible emission of harmful substances with less maintenance in accordance with the rules and regulations formulated by the EPA (Environment Protection Agency) and government bodies. This, further enhances the global market of PTFE membranes.
However, the availability of other cheaper synthetic and organic membrane substitutes, high production cost of PTFE membranes and the fluctuation in prices of oil and gases are various factors among others that hinder the growth of this market.
PTFE Membrane Market Segmentation
By Type
- Hydrophobic PTFE Membrane
- Hydrophilic PTFE Membrane
- Unlaminated
- Laminated
By Pore Size
- 1μm
- 2μm
- 8μm
- 45μm
- 65μm
By Application
- Industrial Filtration
- Medical & Pharmaceuticals
- Textiles
- Automotive
- Water&Wastewater Treatment
- Architecture
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
REGIONAL INSIGHT:
The APAC region was the largest market for PTFE membranes in the recent years and is also expected to be the fastest-growing market in the near future. This can be attributed to the growing population mainly in India and China which demand clean water, the growing oil and gas activities along with the presence of the world’s largest refinery in the world in the region, increasing urbanization, industrialization, growing demand from the food & beverage processing, medical & pharmaceutical industries, growth in strict regulations regarding water treatment & industrial wastewater discharge in the region etc. The major contributors in the region include India, China Japan along with emerging countries such as Indonesia, Taiwan etc.
The North American region is the second largest PTFE membrane market across the globe. This is mainly due to factors such as the increasing oil and gas refineries in the region including the investment received by them, the presence of stringent regulation on the treatment of industrial and municipal water, increase in the development of manufacturing units and pharmaceutical industries among others in the region etc.
The European region is another prominent region in the global PTFE membrane market. The major countries which contribute to its growth are Germany, Italy, and the U.K.
FEW KEY PLAYERS IN PTFE MEMBRANE MARKET:
- Saint Gobain
- Sartorius
- General Electric Company
- Pall Corporation
- Corning Inc.
- Merck Millipore Co.
- Donaldson Company Inc.
- Hyundai Micro Co. Ltd.
- Layne Christensen Company
- Markel Corporation
- Axiva Sichem Pvt. Ltd.
- Sigma-Aldrich Co.
- L. Gore & Associates
- VWR
- Komemtec
- Trinity Filtration Technologies Pvt. Ltd
- Micro Separations
- Cobetter Filtration Equipment Co.Ltd
- Shandong Senrong New Materials CO.,LTD
- ATHARVA FILTERS
- GVS
- Other Players
RECENT DEVELOPMENTS:
In October 2020, Insulectro, distributor of materials for use in manufacture of printed circuit boards and printed electronics, rolled out its new on-line shopping center www.insulectro-pe.com for conductive inks and pastes plus advanced substrates and films. The company offers products from such premium brands which include a diverse array of polyester materials, polycarbonate, polyimide, FEP, PTFE, and PFA.
In November 2020, WL Gore and Associates reportedly introduced GORE Low Friction Film for dynamic seals. This tissue-thin flexible film, based on Gore’s proprietary ePTFE membrane technology is said to enable longer-wearing, lower-friction dynamic seals that can reduce torque and power consumption.
Timeline Considered for Analysis:
- 2021: Base Year
- 2022 to 2032: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global PTFE membrane market by the following segments:
- Type
- Pore Size
- Application
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global PTFE Membrane Industry Report
- What is the overall market size in 2021? What will be the market growth during the forecast period i.e. 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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Request for Customized Report- Publication date: 18th January 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel