Polytetrafluoroethylene (PTFE) Market - Forecast(2021 - 2026)
The global Polytetrafluoroethylene Fabric market is projected to rise with a CAGR of 8% during 2018-2023. The North American region is dominating the market and is expected to grow with a CAGR of 6.25 % during 2018-2023. Polytetrafluoroethylene Fabrics are in demand in certain industries such as construction and chemicals, currently due to their unique properties. What is Polytetrafluoroethylene Fabric? Polytetrafluoroethylene is a form of plastic material used in various applications across industries, due to its numerous useful properties such as high heating point, stability at low temperatures, excellent insulation, and inertness to chemicals and so on. These materials have been in commercial use since the 1940’s and the number of applications has increased over time. Although, it must be noted that there are different forms of polytetrafluoroethylene and each caters to different industries. What are the applications of Polytetrafluoroethylene Fabric? Polytetrafluoroethylene is o...