PTFE Films Market Trends and Research Insights by 2027 | Covid 19 Impact Analysis
PTFE Films Market: Overview
Need for corrosion-resistant and high-temperature sustainable packaging solutions developed a huge requirement for PTFE films in the past three years. The PTFE films are very popular with the brand name Teflon introduced by Chemours. PTFE films are manufactured from Polytetrafluoroethylene polymer which makes it durable, low friction and non-sticky. These films consist of high-temperature barrier and no erosion effect is witnessed on the application of harsh chemicals and other solvents. The PTFE films are mostly used in the manufacturing of cooking utensils, where scratch proof and anti-frictional material is highly preferred. Besides this, owing to anti-crush properties PTFE films are consistently used in manufacturing packaging materials. On the back of several benefits such as low tear-resistance and less affected due to environmental conditions, the market of PTFE films is expected to increase with prominent
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PTFE Films Market: Dynamics
Attributing to excellent mechanical and electrical properties, PTFE films are expected to gain significant traction in the electrical and electronics industries in the coming decade. These films are non-flammability and less permeability, which further boosts the demand for PTFE films in electronics industries. Furthermore, these films have a low coefficient of friction; and therefore highly preferred in automobile industries. The packaging industry is witnessing the growing demand for PTFE films for tape manufacturing, and this demand is expected to pave the way for the PTFE films market. Moreover, the high demand for PTFE films is witnessed in manufacturing cooking pans and other utensils. Hence, the market of PTFE films is expected to grow on the backdrop of the expansion of consumer goods manufacturing industries.
In spite of many positive aspects, there are certain factors that might restrain the growth of the PTFE films market. When the PTFE films are overheated, it can release mildly toxic fumes. Also, the PTFE films polymers are very costly compared to other coating materials.
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PTFE Films Market: Segment
Globally, the PTFE Films market has been segmented on the basis of technology, thickness, application, and end use. The detailed classification is as follows:
As per technology, the global PTFE films market has been segmented as:
- Skived
- Extruded
- Cast
As per thickness, the global PTFE films market has been segmented as:
- Less than 15 Micron
- 15 to 25 Micron
- 26 to 50 Micron
- 50 to 100 Micron
- More than 100 Micron