Expanded PTFE (ePTFE) Market size worth $ 397.3 Million, Globally, by 2028 at 5.1% CAGR: Verified Market Research®
ePTFE films are witnessing rising adoption in the production of microfiltration membranes used in the food & beverages and pharmaceutical industries. Due to their biocompatibility and food contact safe properties. Moreover, are also being used as a filter media for gas sensors and various types of electronics devices boosting the market growth.
Jersey City, New Jersey, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “*Expanded PTFE (ePTFE) Market*” By End-Use (Medical Device, Pharmaceutical, Food & Beverages, Performance Fabrics, Fuel Cell, Electronics, and Others), By Form (Sheets, Tapes, Membrane, Fiber, Others), By Application (Filtration, Medical Equipment, Wastewater Treatment, Venting, Electrolyzer, Fire Fighting Hood, and Others), and By Geography. According to Verified Market Research, the Global Expanded PTFE (ePTFE) Market size was valued at USD 267.0 Million in 2020 and is projected to reach USD 397.3 Million by 2028, growing at a CAGR of 5.1% from 2021 to 2028.
*Download PDF Brochure: *https://www.verifiedmarketresearch.com/download-sample/?rid=16585
*Browse in-depth TOC* on* “**Expanded PTFE (ePTFE) Market**”*
*202 - Pages*
*126 – Tables*
*37 – Figures*
*Global Expanded PTFE (ePTFE) Market Overview*
Medical devices are playing an integral role in the growth of the global healthcare industry. It is an extremely lightweight, yet strong material with biocompatible and chemically inert properties. As a result, it can effectively withstand degradation caused by exposure to biological fluids such as blood, urine, and bile, among others. Expanded PTFE (ePTFE) films are widely used to vent, filter, and protect a broad range of medical devices — including hearing instruments, ostomy bags, hemodialysis equipment, and IV infusion sets. Some medical liquids contain entrained gas which may present a hazard to the patient or affect the proper operation of a medical device. The Expanded PTFE (ePTFE) membranes facilitate the dissipation of this gas and allow for fast pressure equalization and airflow. Additionally, the microporous structure of the membranes provides a barrier to aerosolized liquids and particles and prevents and protects equipment from contamination during use. Thus, the growing penetration of medical devices is anticipated to drive the demand for ePTFE films over the forecast period.
Moreover, the growing demand for flame-resistant apparel due to growing incidences of wildfires across the world is also one of the factors driving the demand for the ePTFE market. Several government bodies are significantly investing in strengthening their firefighting systems and undertake various initiatives to reduce and prevent wildfires. A large number of career and volunteer firefighters are called into service each year to douse these recurring wildfires. These people require high-quality flame-resistant firefighting apparel that can withstand extremely high temperatures and provide optimum protection and comfort. Thus, the recurring instances of wildfires are expected to generate robust demand for flame-resistant protective clothing during the forecast period, consequently contributing to global demand for ePTFE films used in the production of firefighting apparel. However, volatility in Fluorspar prices is expected to have a restraining effect on the global ePTFE films in the upcoming period.
*Key Developments in* *Expanded PTFE (ePTFE) Market*
· W. L. Gore & Associates announced a new solution that meets higher voltages as the trend continues towards aircraft electrification to reduce the impact of air transport on our environment. The GWN3000 Series, deliver the best combination of superior mechanical strength and outstanding electrical reliability without increasing wire bundle size or weight.
· Saint-Gobain announced that Continental Building Products obtained shareholder approval to be acquired by Saint-Gobain and that the waiting period under the Hart-Scott-Rodino Act has expired thereby satisfying the regulatory approval requirements under the merger agreement.
*The major players in the market are W.L. Gore & Associates, Inc. (US), Lenzing Plastics GmbH & Co. KG, Donaldson Company, Inc. (US), Compagnie de Saint-Gobain S.A, Nitto Denko, Rogers Corporation, Parker Hannifin, Teadit (Austria), Sumitomo, Pall Corporation, TTG, BWF, Shanghai Lingqiao, Dagong, Polyfluoro Plastics Ltd, Zeus Industrial Products, Inc. (US), and Others.*
*Verified Market Research has segmented the Global Expanded PTFE (ePTFE) Market On the basis of Form, Application, End-Use, and Geography.*
· *Expanded PTFE (ePTFE) Market, By Form*
· Sheets
· Tapes
· Membrane
· Fiber
· Others
· *Expanded PTFE (ePTFE) Market, By Application*
· Filtration
· Medical Equipment
· Wastewater Treatment
· Venting, Electrolyzer
· Fire Fighting Hood
· Others
· *Expanded PTFE (ePTFE) Market, By End-Use*
· Medical Device
· Pharmaceutical
· Food & Beverages
· Performance Fabrics
· Fuel Cell
· Electronics
· Others
· *Expanded PTFE (ePTFE) Market by Geography*
· *North America*
· U.S
· Canada
· Mexico
· *Europe*
· Germany
· France
· U.K
· Rest of Europe
· *Asia Pacific*
· China
· Japan
· India
· Rest of Asia Pacific
· *ROW*
· Middle East & Africa
· Latin America
*Browse Related Reports:*
Coating Additives Market By Type (Metallic, Fluoropolymer, Acrylic, Urethane), By Application (Architectural Application, Automotive, Industrial Application), By Function (Wetting & Dispersion, Rheology Modification, Biocides), By Geography, Forecast, 2021-2028
Fiber-Reinforced Composites Market By Type (Carbon Fibers, Glass Fibers, Aramid Fibers), By Matrix Type (Polymer Matrix, Metal Matrix), By Resin Type (Thermoset Composites, Thermoplastic Composites), By End-Use Industry (Building And Construction, Automotive), By Geography, Forecast, 2021-2028
Medical Superabsorbent Polymers Market By Type (Woven, Non-Woven), By Application (Wound Care Management, Surgical Tapes, Gauzes, Bandages, Personal Hygiene, Agriculture), By Geography, Forecast, 2021-2028
Fluorochemicals Market By Product (Fluoropolymers, Specialty, Fluorocarbons, Inorganics), By End User (Aluminium Production, Home & Industrial Appliances, Refrigeration, Pharmaceuticals), By Geography, Forecast, 2021-2028
Top 7 polymerase chain reaction companies and laboratories propelling biotechnology
*Visualize Expanded PTFE (ePTFE) Market using Verified Market Intelligence:-:*
Verified Market Intelligence is our *BI Enabled Platform* for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
*About Us*
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
CONTACT: Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/
Follow Us: LinkedIn | Twitter