Global Micronized PTFE Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Micronized polytetrafluoroethylene (PTFE) has gained popularity as a wonder element in diverse industrial applications such as inks, coatings, lubricants, and paints, due to its versatile operational characteristics. Despite being a niche market, the micronized PTFE landscape is expanding rapidly, as its demand has been steadily increasing in a wide range of end-use industries after its accidental discovery. With its high surface lubricity and anti-blocking properties, micronized PTFE is being accepted in industries such as food, textiles, pharmaceuticals, and electronics. However, the recent surge in the growth of the automotive industry has provided an impetus to the demand for micronized PTFE in anti-corrosion paints and coatings, in modern automobiles. This trend is expected to only grow stronger with the rate at which global automotive production is increasing. This is likely to create lucrative opportunities and scope for innovation for micronized PTFE manufacturers in the coming years. In this report, we research the Micronized PTFE with average particle size around 1~100 um in diameter.
According to our (Global Info Research) latest study, the global Micronized PTFE market size was valued at USD 207.9 million in 2022 and is forecast to a readjusted size of USD 232.3 million by 2029 with a CAGR of 1.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global main manufacturers of micronized PTFE include Shamrock Technologies, Chemours and Daikin, etc. The top three players hold a share about 36%. China is the largest producer of Micronized PTFE, holds a share around 38%, followed by North America and Japan, with share 24% and 13%, separately. The largest market is Asia Pacific, holds a share about 55%, followed by North America and Europe, with around 23% and 17% market share respectively.
This report is a detailed and comprehensive analysis for global Micronized PTFE market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Micronized PTFE market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Micronized PTFE market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Micronized PTFE market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Micronized PTFE market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Micronized PTFE
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Micronized PTFE market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shamrock Technologies, Solvay, Daikin, 3M and Nanjin Tianshi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Micronized PTFE market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Recycled PTFE
    Virgin PTFE Material
Market segment by Application
    Engineering Plastics
    Coating
    Lubricants and Greases
    Inks
    Others
Major players covered
    Shamrock Technologies
    Solvay
    Daikin
    3M
    Nanjin Tianshi
    Chemours
    AGC
    Micro Powder
    Gujarat Fluorochemicals
    Kitamura Limited
    Maflon SpA
    Zhejiang Green New Materials
    Suzhou Norshine Performance Material
    Shenyang Tianyuxiang
    Shanghai Tongs Science & Technology
    Hangzhou Bolong Fluorine Material
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Micronized PTFE product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Micronized PTFE, with price, sales, revenue and global market share of Micronized PTFE from 2018 to 2023.
Chapter 3, the Micronized PTFE competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Micronized PTFE breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Micronized PTFE market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Micronized PTFE.
Chapter 14 and 15, to describe Micronized PTFE sales channel, distributors, customers, research findings and conclusion.