Expanded PTFE Market | Exactitude Consultancy Reports
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Expanded PTFE (ePTFE) Market by Form (Sheets, Tapes, Membrane, Fiber, Others), by Application (Filtration, Medical Equipment, Wastewater treatment, Venting, Electrolyzer, Fire Fighting Hood, Others), by End-use (Medical Device, Pharmaceutical, Food and Beverages, Performance Fabrics, Fuel Cell, Electronics, Others) And Region, Global Trends and Forecast from 2022 to 2029
The Expanded PTFE (ePTFE) Market is expected to grow at 6.3 % CAGR from 2022 to 2029. It is expected to reach above USD 1499.79 Million by 2029 from USD 919.95 Million in 2021
Segment Analysis
The Expanded PTFE (ePTFE) Market is segmented based on product, structure, application and region.
By form market is segmented into sheets, tapes, membrane, fiber, others; by application market is segmented into filtration, medical equipment, wastewater treatment, venting, electrolyzer, firefighting hood, others; by end-use market is segmented into medical device, pharmaceutical, food and beverages, performance fabrics, fuel cell, electronics, others; and region.
Based on form the sheets segment accounted for largest share of the market. Sheets from a variety of end-use industries, including the medical, oil & gas, and automotive end-use industries, are used more frequently in this market, which is attributable to their amazing properties including chemical, UV, temperature resistance, and flexibility. Demand is anticipated to be driven by these variables over the projected period.
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