[ 144 Pages Report] The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0%. The growing demand for PTFE membranes is due to the increasing wastewater treatment activities and stringent regulations regarding emissions and water treatment.
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The PTFE membranes are used in various industries such as chemical, oil & gas, food & beverages, wastewater treatment, textile and others. COVID-19 has severely impacted these industries.
Stringent regulatory and sustainability mandates have increased the demand for water purification and wastewater treatment. To control the level of pollution, various emission control acts have been enforced in most countries around the world to ensure that disposed wastes pose lower environmental risks. For instance, the US, the UK, Canada, and Australia are updating their emission standards to reduce pollution levels in the atmosphere. These countries and a few developing countries, such as Brazil, South Africa, India, China, and Saudi Arabia, have set five-year targets to reduce pollution levels. In Canada, over 150 billion liters of untreated wastewater are released into waterways every year, which is one of the major health, environmental, and economic issues in the country. The European Union (EU) follows the 7th Environment Action Program (EAP), which is likely to guide the environment policies until 2020. The EU Drinking Water Directive (DWD) has also proposed several water purifications mandates and regulations to maintain the purity and potability of drinking water.
These regulations ensure that high-quality standards are maintained for drinking water and wastewater treatment and will increase the demand for PTFE membranes for water & wastewater treatment applications
The major raw material used for the manufacturing of PTFE membranes is PTFE. Recently, PTFE prices have been increasing continuously due to the shutdown of various Chinese and European manufacturing units. These companies were flouting environmental laws and dumping effluents in nearby villages. China accounted for more than 40% of the global consumption of PTFE in 2016 and is also the world’s largest PTFE manufacturer. The entrance of a large number of relatively low-cost Chinese products in the global market has resulted in the increasing price pressure on PTFE manufacturers in other countries. Many countries, including India, impose import duties on Chinese PTFE products. Other factors affecting the PTFE prices are prices of its raw materials, including fluorspar; demand and supply gap; and the changing regulatory environment. The fluctuating prices of PTFE are restraining the market growth by increasing the production cost of PTFE membranes.
The demand for treated water in emerging economies, such as China, India, and Indonesia, is increasing at a fast pace. According to CABI, a member of The Association of International Research and Development Centers for Agriculture (AIRCA), APAC alone consumes around 2.85 trillion cubic liters of water every day. The growing population is the major driver for this demand, which has augmented the scope for desalination in this region. The requirement of process water in power, food & beverage, chemical, petrochemical, and other industries is expected to grow during the forecast period. This is expected to significantly increase the demand for PTFE membranes in these regions.
In the current scenario, the oil & gas industry is witnessing a high supply and low demand ratio, which has resulted in reduced prices. Increased activity in unconventional reserves in North America has led to the oversupply of oil and gas, leading to low prices. The subsequent consequences of the disproportionate demand and supply of oil and gas have resulted in severe losses faced by a lot of upstream operators. Hence, these operators have reduced their Capex for new fields, as oil and natural gas prices have been witnessing a downward trend in the past four years. These factors have affected the demand for new pumps in the oil & gas industry, thereby affecting the demand for gaskets and, in turn, the demand for PTFE membranes.
PTFE membranes are naturally hydrophobic in nature. The hydrophobic type is the most-widely used PTFE membrane owing to its various physical properties, such as high porosity, chemical & abrasion resistance, particle retention, convenience in handling, high filtration efficiency, and high flow rates. Due to these properties, hydrophobic PTFE finds extensive use in filtration applications involving exposure to aqueous solutions and gasses. It is extensively used in gas and aqueous solution filtration applications in food & beverage, chemical & petrochemical, medical & pharmaceutical, processing, and other industries
Based on application, the PTFE membranes market is segmented into industrial filtration, medical & pharmaceutical textile, water & wastewater treatment, architecture, and others. The industrial filtration application segment accounted for the larger market share in 2019. This is because of the unique properties, such as chemical inertness, ability to sustain high temperature, good mechanical properties, and high filtration efficiency, possess by PTFE membranes makes it suitable for industrial filtration applications involving exposure to corrosive environments and contact with gases, acids, solvents, and alkaline solutions.
APAC was the largest market for PTFE membranes in 2019 and is also expected to be the fastest-growing market during the forecast period. It accounted for a share of 40.0% in terms of value, of the global market in 2019. The market in APAC is projected to register a CAGR of 7.5% between 2020 and 2025. The market growth in this region is primarily attributed to its rapidly growing population, urbanization, and industrialization. The demand for PTFE membranes is high in developing economies, such as China, India, Brazil, and Argentina. The growing demand from the food & beverage processing, medical & pharmaceuticals, and water & wastewater treatment is playing a crucial role in fueling the market for PTFE membrane in APAC. Implementation of strict regulations regarding water treatment & industrial wastewater discharge is also expected to drive the PTFE membrane market in the region.
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Source: Secondary Research, Primary Interviews, and MarketsandMarkets Analysis
The key players profiled in this report include Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea). These companies have adopted various organic as well as inorganic growth strategies between 2016 and 2020 to enhance their regional presence and meet the growing demand for PTFE membranes from emerging economies.
Years considered for the study
Value (USD Billion)
Type, Application, and Region
APAC, Europe, North America, South America, and Middle East & Africa.
Total of 10 major players covered:
This research report categorizes the PTFE membranes market based on type, application, and region.
What is the current size of the global PTFE membranes market?
Global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0%.
Are there any regulations for PTFE membranes?
Regulations for PTFE membranes used in medical devices, such as syringe filters, IV vents, and spike vents, are rapidly evolving in several countries. There are a few common frameworks that integrate regulatory systems with the most advanced medical device regulations..
Who are the winners in the global PTFE membranes market?
Companies such as Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea) falls under the winner’s category. These companies cater to the requirements of their customers by providing customized products. Such advantages give these companies an edge over other companies that are component providers.
What is the COVID-19 impact on PTFE membranes manufacturers?
Industry experts believe that COVID-19 could affect various industrial activities globally. Due to lockdown, many food & beverage processing industries, textile, and water & wastewater treatment industries activities are halted. A leading meat processing company in US, restricted its pork processing by nearly 50% and beef production by about 25% by May 2020 due to Covid-19 pandemic situation. Overall, GDP is expected to shrink by 3.0%, as per the International Monetary Fund (IMF). However, the demand is expected to rise post-pandemic, owing to measures including flexibilization, resizing, operational excellence, digitization, and investments in R&D.
What are some of the drivers in the market?
The growing demand from oil & gas industries and stringent regulations pertaining to emission and waste treatment are the driving factors for the PTFE membranes market. .
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Table Of Content
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.5 UNIT CONSIDERED
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
18.104.22.168 Key data from secondary sources
2.1.2 PRIMARY DATA
22.214.171.124 Key data from primary sources
126.96.36.199 Key industry insights
188.8.131.52 Breakdown of primary interviews
2.2 MARKET ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP DOWN APPROACH
2.3 DATA TRIANGULATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 GLOBAL PTFE MEMBRANE MARKET OVERVIEW
4.2 GLOBAL PTFE MEMBRANE MARKET, BY TYPE
4.3 GLOBAL PTFE MEMBRANE MARKET, BY APPLICATION
4.4 GLOBAL PTFE MEMBRANE MARKET, BY REGION
5 MARKET OVERVIEW
184.108.40.206 Growing demand for PTFE membrane in water and wastewater management
220.127.116.11 Increasing acceptance of PTFE membrane in the medical & pharmaceutical industry
18.104.22.168 Increasing demand of PTFE membrane in the manufacturing of footwear and other apperal products
22.214.171.124 High cost of PTFE membrane
126.96.36.199 Growing demand for PTFE membrane in emerging countries
188.8.131.52 Development of Eptfe membrane market
184.108.40.206 High capital investments
5.2 PORTER’S FIVE FORCES ANALYSIS
5.2.1 BARGAINING POWER OF SUPPLIERS
5.2.2 BARGAINING POWER OF BUYERS
5.2.3 THREAT OF NEW ENTRANTS
5.2.4 THREAT OF SUBSTITUTES
5.2.5 INTENSITY OF COMPETITIVE RIVALRY
5.3 MACROECONOMIC TRENDS/OPERATIONAL DATA ANALYSIS
5.4 AVERAGE SELLING PRICE TREND
5.5 VALUE CHAIN ANALYSIS
5.6 TECHNOLOGY ANALYSIS
5.7 PATENT ANALYSIS
5.8 CASE STUDY ANALYSIS
5.9 KEY MARKET FOR IMPORT/ EXPORT
5.10 COVID-19 IMPACT ANALYSIS
6 GLOBAL PTFE MEMBRANE MARKET, BY TYPE
6.2 HYDROPHOBIC PTFE MEMBRANE
6.3 HYDROPHILIC PTFE MEMBRANE
7 GLOBAL CELLULOSE BASED BIOPLASTICS MARKET, BY APPLICATION
7.2 CONSUMER GOODS
7.3 AUTOMOTIVE & TRANSPORTATION
7.5.1 3D PRINTING
8 GLOBAL PTFE MEMBRANE MARKET, BY REGION
8.2.4 SOUTH KOREA
8.2.6 REST OF APAC
8.3.8 REST OF EUROPE
8.4 NORTH AMERICA
8.5 SOUTH AMERICA
8.5.3 REST OF SOUTH AMERICA
8.6 MIDDLE EAST & AFRICA
8.6.1 SAUDI ARABIA
8.5.4 REST OF MIDDLE EAST & AFRICA
9 COMPETITIVE LANDSCAPE
9.2 MARKET EVALUATION FRAMEWORK
9.3 COMPETITIVE BENCHMARKING
9.3.1 STRENGTH OF PRODUCT PORTFOLIO (FOR ALL 20 COMPANIES)
9.3.2 BUSINESS STRATEGY EXCELLENCE (FOR ALL 20 COMPANIES)
9.4 TOP 5 PLAYER REVENUE ANALYSIS
9.5 COMPETITIVE SENARIO
9.5.1 NEW PRODUCT LAUNCH
10 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments) *
10.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODLOGY
10.2.1 MARKET SHARE/ RANKING
10.2.2 PRODUCT FOOTPRINT
10.2.4 EMERGING LEADER
10.3 COMPANY EVALUATION MATRIX,2019
10.4 COMPANY PROFILE
10.4.1 EASTMEN CHEMICAL COMPANY
10.4.5 INNOVIA FILMS
10.4.7 CELANESE CORPORATION
10.4.8 SAPPI GLOBAL
10.4.10 HEMP BIOPLASTICS
10.5 STARTUP/SME PROFILE
11.1 INSIGHTS FROM INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
11.4 AVAILABLE CUSTOMIZATIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
The study involves four major activities in estimating the current market size of PTFE membranes. Extensive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of the segments and subsegments.
In the secondary research process, various secondary sources, such as Hoovers and Bloomberg BusinessWeek, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; gold standard & silver standard websites; regulatory bodies; and databases.
The PTFE membranes market comprises several stakeholders, such as raw material suppliers, manufacturers, and distributors of PTFE membranes, industry associations, end-users, and regulatory organizations in the supply chain. The demand side of this market consists of major construction companies, whereas the supply side consists of PTFE system manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary interviews—
To know about the assumptions considered for the study, download the pdf brochure
Notes: Tiers of companies are classified on the basis of their total revenue in 2019 as Tier 1 = > USD 7 billion, Tier 2 = USD 500 million–USD 7 billion, and Tier 3 = Others include sales, marketing, and product managers. Both the top-down and bottom-up approaches were used to estimate and validate the total size of the PTFE membranes market. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following: After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. Data was triangulated by studying various factors and trends from both the demand and supply sides. Available Customizations: MarketsandMarkets offers customizations according to the specific needs of the companies, along with the market data. The following customization options are available for this report:
Market Size Estimation
Objectives of the Study:
Others include sales, marketing, and product managers.
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the PTFE membranes market. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following:
After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. Data was triangulated by studying various factors and trends from both the demand and supply sides.
MarketsandMarkets offers customizations according to the specific needs of the companies, along with the market data. The following customization options are available for this report:
Benchmarking the rapid strategy shifts of the Top 100 companies in the PTFE Membrane MarketRequest For Special Pricing