Asia-Pacific Polytetrafluoroethylene Market Research Report 2022
- Report ID: 28323
- Date: Jun, 2022
- Pages: 217
- Category: Chemicals & Materials
The report divides the market on the basis of applications, geography, and its types. The market data for these types is given with respect to volume (kilo tons) and value ($Million). The market value for PTFE was estimated to be $700 million in 2021 and is projected to grow at a CAGR of about 7% from 2021 to 2028. The data mentioned in the report is based on the Asia-Pacific demand for PTFE.
The total Asia-Pacific PTFE market has been analyzed, to provide an idea of the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to PTFE raw materials, manufacturers, and end-users. The value chain describes the key contributors to the materials market at different stages from product development to end-use. It represents the top players that contribute to the Asia-Pacific PTFE industry.
The impact of different market factors, such as drivers, restraints, and opportunities has also been illustrated in the report. This gives an idea of key drivers such as the growing consumption in the automotive industry, the industrial boom in APAC & emerging markets for different applications, availability of cheaper raw materials, while the restraints include matured market conditions of East–Asia and declining production capacities in Europe due to high priced raw materials. The economic slowdown in Europe and U.S. also affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market.
The Asia-Pacific PTFE market is also classified based on different applications. The important applications include industrial goods, coatings, filled PTFE, and others. The chemical processing and mechanical industries are expected to display rapid growth in future.
The key companies in this market include Dongyue Group ltd (China), Asahi Glass Fluorochemical Ltd (Japan), Gujrat Fluorochemical Ltd. (India), Shanghai 3F New Material Co. Ltd.(China), and others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serve the customers effectively. Investments in the expansion of plant capacities, followed by acquisitions were the most preferred strategies by top players in 2012 and 2019 that drive the demand for PTFE. Their strategy to capture the market in developing economies includes expansions and agreements.
The Asia-Pacific region emerged to be the driving factor for this market, contributing to about 45% of the global demand in terms of consumption in 2021. China is the leading country in the consumption of PTFE, due to the availability of cheaper raw materials and low labor costs. The important emerging economies such as Korea, India, etc., are further lined up for a brighter future in this market.
The report also presents a competitive landscape that covers different strategies and developments such as mergers & acquisitions, expansions, and agreements undertaken by leading PTFE companies in the past few years. Furthermore, different PTFE market participants have also been profiled in the report.
Scope of the report
The Asia-Pacific PTFE market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the basis of types:
• Fine Powder
• Granular
• Aquesous Dispersion
• Micronized Powder
On the basis of applications:
• Industrial Goods
• Coatings
• Filled PTFE
• Others
Each application has been described in detail in the report with volume and revenue forecasts for each application.
On the basis of geography:
• China
• Japan
• South Korea
• India
• Others
The market is further analyzed for key countries in each of these regions.
TABLE OF CONTENTS
1 INTRODUCTION 10
1.1 OBJECTIVES OF THE STUDY 10
1.2 MARKET SEGMENTATION & COVERAGE 10
1.3 STAKEHOLDERS 11
2 RESEARCH METHODOLOGY 12
2.1 INTEGRATED ECOSYSTEM OF POLYTETRAFLUOROETHYLENE MARKET 12
2.2 ARRIVING AT THE POLYTETRAFLUOROETHYLENE MARKET SIZE 13
2.2.1 TOP-DOWN APPROACH 14
2.2.2 BOTTOM-UP APPROACH 14
2.2.3 DEMAND SIDE APPROACH 15
2.3 ASSUMPTIONS 17
3 EXECUTIVE SUMMARY 18
4 MARKET OVERVIEW 19
4.1 INTRODUCTION 19
4.2 MARKET DRIVERS AND INHIBITORS 20
4.3 KEY MARKET DYNAMICS 21
4.4 DEMAND SIDE ANALYSIS 25
5 POLYTETRAFLUOROETHYLENE MARKET, BY APPLICATION 26
5.1 INTRODUCTION 27
5.2 POLYTETRAFLUOROETHYLENE IN INDUSTRIAL GOODS, BY COUNTRY 29
5.3 ASIA-PACIFIC POLYTETRAFLUOROETHYLENE MARKET IN COATINGS, BY COUNTRY 31
5.4 POLYTETRAFLUOROETHYLENE IN FILLED PTFE, BY COUNTRY 33
5.5 POLYTETRAFLUOROETHYLENE IN OTHERS PTFE, BY COUNTRY 35
6 POLYTETRAFLUOROETHYLENE MARKET, BY TYPE 37
6.1 INTRODUCTION 38
6.2 ASIA-PACIFIC POYTETRAFLUOROETHYLENE MARKET, TYPE COMPARISON WITH POYTETRAFLUOROETHYLENE MARKET 40
6.3 ASIA-PACIFIC FINE POWDER PTFE MARKET, BY COUNTRY 41
6.4 ASIA-PACIFIC GRANULAR PTFE MARKET, BY COUNTRY 42
6.5 ASIA-PACIFIC AQUEOUS DISPERSION PTFE MARKET, BY COUNTRY 43
6.6 ASIA-PACIFIC MICRONIZED POWDER PTFE MARKET, BY COUNTRY 45
7 POLYTETRAFLUOROETHYLENE MARKET, BY COUNTRY 47
7.1 INTRODUCTION 48
7.2 ASIA-PACIFIC PTFE MARKET 50
7.2.1 ASIA-PACIFIC PTFE MARKET, BY APPLICATION 50
7.2.2 ASIA-PACIFIC PTFE MARKET, BY TYPE 52
7.3 CHINA PTFE MARKET 54
7.3.1 CHINA PTFE MARKET, BY APPLICATION 54
7.3.2 CHINA PTFE MARKET, BY TYPE 56
7.4 JAPAN PTFE MARKET 58
7.4.1 JAPAN PTFE MARKET, BY APPLICATION 58
7.4.2 JAPAN PTFE MARKET, BY TYPE 60
7.5 INDIA PTFE MARKET 62
7.5.1 INDIA PTFE MARKET, BY APPLICATION 63
7.5.2 INDIA PTFE MARKET, BY TYPE 65
7.6 KOREA PTFE MARKET 67
7.6.1 KOREA PTFE MARKET, BY APPLICATION 67
7.6.2 KOREA PTFE MARKET, BY TYPE 69
7.7 OTHERS PTFE MARKET 71
7.7.1 OTHERS PTFE MARKET, BY APPLICATION 72
7.7.2 OTHERS PTFE MARKET, BY TYPE 74
8 PTFE MARKET: COMPETITIVE LANDSCAPE 76
8.1 PTFE MARKET: COMPANY SHARE ANALYSIS 76
8.2 COMPANY PRESENCE IN PTFE MARKET, BY TYPE 77
8.3 EXPANSIONS 77
8.4 JOINT VENTURES 78
9 PTFE MARKET, BY COMPANY 79
(Overview, Financials, Products & Services, Strategy, and Developments)*
9.1 DONGYUE GROUP 79
9.2 DAIKIN INDUSTRIES LTD. 82
9.3 MEILAN CHEMICAL GROUP 85
9.4 ASAHI GLASS COMPANY LTD. 87
9.5 SHANGHAI 3F NEW MATERIAL COMPANY LTD. 90
*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted company
10 APPENDIX 93
10.1 CUSTOMIZATION OPTIONS 93
10.1.1 TECHNICAL ANALYSIS 93
10.1.2 LOW-COST SOURCING LOCATIONS 93
10.1.3 REGULATORY FRAMEWORK 93
10.1.4 IMPACT ANALYSIS 93
10.1.5 TRADE ANALYSIS 93
10.1.6 HISTORICAL DATA AND TRENDS 93
10.2 RELATED REPORTS 94
10.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 95
10.3.1 RT SNAPSHOTS 96
List of Figures
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
Clients
