Global Polytetrafluoroethylene (PTFE) Membrane Market 2019-2023

The global polytetrafluoroethylene (PTFE) membrane market size will grow by USD 694.4 million during 2019-2023. This market report provides a detailed analysis of the market by type (hydrophobic and hydrophilic), application (filtration, medical and pharmaceutical, textile, water and wastewater treatment, architecture, and other applications), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Corning Inc., Danaher, Donaldson Company Inc., General Electric, Merck KGaA, and W. L. Gore & Associates Inc.

To identify growth opportunities in the PTFE membrane market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. APAC and South America will grow faster than the overall market. The growth of Europe, MEA, and North America will be slower than the global market.

Some of the key findings from our polytetrafluoroethylene (PTFE) membrane market forecast report are summarized below

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Global polytetrafluoroethylene (PTFE) membrane industry overview

The demand for nanofiltration is increasing in applications in the medical and pharmaceutical, water and wastewater, and food and beverage industries. This is mainly because of the beneficial properties of nanofiltration such as high flux rate, low energy consumption, and cost-effectiveness. The ability of nanofiltration membranes to operate in the pressure range of 100-600 psi also make them preferable for use in applications in the dairy, beverage, and grain product industries. As nanofiltration also eliminates undesirable contaminants without removing minerals, it is increasingly being used to generate potable water. Such factors will encourage end-users to adopt nanofiltration over reverse osmosis,  which will be one of the critical trends that will positively influence the growth of the polytetrafluoroethylene membrane market.

The high strength, durability, and chemical and corrosion resistance of PTFE membranes have boosted their adoption in medical and pharmaceutical applications as well. In the healthcare industry, PTFE membranes are widely used in organic solvent filtration, equipment protection, hydrophobic barriers, and medical devices. PTFE membranes are also used for packaging sensitive biopharmaceutical products because of their natural hydrophobic nature. Additionally, PTFE membranes are also used in hospital gowns, drapes, and divider curtains to prevent the transmission of diseases. The increasing adoption of PTFE membranes in the medical and pharmaceutical sector coupled with the preference for nanofiltration over reverse osmosis will drive polytetrafluoroethylene membrane market growth at a CAGR of over 7% during the forecast period.

Top PTFE membrane companies covered in this market research report

The global polytetrafluoroethylene membrane market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this PTFE membrane market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several PTFE membrane companies, including:

• Corning Inc.
• Danaher
• Donaldson Company Inc.
• General Electric 
• Merck KGaA 
• W. L. Gore & Associates Inc.

PTFE membrane market segmentation based on type

• Hydrophobic PTFE membrane
• Hydrophilic PTFE membrane

The hydrophobic PTFE membrane market segment will account for the largest polytetrafluoroethylene membrane market share. The growing demand for hydrophobic PTFE membranes in filtration and pharmaceutical applications will be one of the significant factors driving market growth in this segment.

PTFE membrane market segmentation based on geographic region

• APAC
• Europe
• MEA
• North America
• South America

APAC will account for the largest PTFE membrane market share throughout the forecast period. Factors such as the presence of stringent environmental norms, the rise in industrialization, and the growing awareness of the importance of consuming clean water will contribute to the growth of the PTFE membrane market in this region.

Key highlights of the global PTFE membrane market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the PTFE membrane market during the next five years
• Precise estimation of the global polytetrafluoroethylene membrane market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the polytetrafluoroethylene (PTFE) membrane industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of polytetrafluoroethylene (PTFE) membrane companies

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